{"id":670,"date":"2021-08-12T18:52:41","date_gmt":"2021-08-12T18:52:41","guid":{"rendered":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/?p=670"},"modified":"2025-09-20T18:54:11","modified_gmt":"2025-09-20T18:54:11","slug":"reimagining-negotiation-skills","status":"publish","type":"post","link":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/index.php\/2021\/08\/12\/reimagining-negotiation-skills\/","title":{"rendered":"Reimagining Negotiation Skills"},"content":{"rendered":"<p>Negotiation is an integral aspect of our lives; we negotiate unknowingly all the time. Negotiation skills and the negotiation process are inextricably linked in a business requiring continual upgrading.<\/p>\n<p><strong>What is negotiation?<\/strong><\/p>\n<p>It is not a \u201cfight to get what you want and keep what you have\u201d rather, it is a give and take process. An article on <a href=\"https:\/\/www.indeed.com\/career-advice\/career-development\/negotiation-skills\" target=\"_blank\" rel=\"noopener noreferrer\">Indeed<\/a> defined negotiation as a dialogue between people reaching a mutually agreed decision or solution or settling a dispute for the benefit of all parties.<\/p>\n<p><strong>What are negotiation skills?<\/strong><\/p>\n<p>They are techniques that you can leverage to reach a common ground with those you are negotiating with. Mastering it is crucial for you to become a powerful negotiator.<\/p>\n<p><strong>Which negotiation skills are deemed important?<\/strong><\/p>\n<ol>\n<li><strong>Communication<\/strong><br \/>\nIncorporate nonverbal cues with verbal skills and personalize your communication skills to suit your listeners\u2019 specific requirements.<\/li>\n<li><strong>Emotional intelligence<\/strong><br \/>\nRecognize how others feel and control your emotions by being conscious of the ongoing emotional dynamics.<\/li>\n<li><strong>Active listening<\/strong><br \/>\nRetain as much as what you have listened to so, you can recall specific details whenever they are needed.<\/li>\n<li><strong>Persuasion<\/strong><br \/>\nCultivate the ability to influence others. Tread on the thin line between persuasion and importunity.<\/li>\n<li><strong>Expectation management<\/strong><br \/>\nBe aware of opposite parties\u2019 expectations and balance between being a firm and a collaborative negotiator.<\/li>\n<li><strong>Forbearance<\/strong><br \/>\nAvoid seeking a quick consensus. Negotiations can often be time-consuming. Apply forbearance to assess a situation and arrive at an agreement.<\/li>\n<\/ol>\n<p><strong>What are the types of negotiation?<\/strong><\/p>\n<ul>\n<li>Distributive (win-lose) negotiations \u2013 both sides trying to assume a monopoly of limited resources<\/li>\n<li>Integrative (win-win) negotiations \u2013 everyone benefitting from the settlement<\/li>\n<\/ul>\n<p>When you understand the different types of negotiations, you will be able to personalize your negotiation skills and adapt to all the different factors that are involved.<\/p>\n<p><strong>How can you prepare for a negotiation?<\/strong><\/p>\n<p>Before doing so, keep in mind to:<\/p>\n<ul>\n<li>Do in-depth research.<\/li>\n<li>Know what to settle for and when.<\/li>\n<li>Know when to abort participation.<\/li>\n<li>Set a specific timeframe.<\/li>\n<\/ul>\n<p>In collaboration with eCornell, Genashtim is proud to offer the <a href=\"https:\/\/genashtim.sg\/ecornell\/courses-certificate\/?course=Change-Management-%28LSMC28%29&amp;cs=6&amp;id=46\" target=\"_blank\" rel=\"noopener noreferrer\">Change Management<\/a> program for you to reimagine your negotiation skills.<\/p>\n<p><em>eCornell courses are approved by SkillsFuture Singapore for SkillsFuture Credit as well as by HRD Corp Malaysia under its SBL-Khas Scheme.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Negotiation is an integral aspect of our lives; we negotiate unknowingly all the time. Negotiation skills and the negotiation process are inextricably linked in a business requiring continual upgrading. What is negotiation? It is not a \u201cfight to get what you want and keep what you have\u201d rather, it is a give and take process. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":673,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-august-2021-issue"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/index.php\/wp-json\/wp\/v2\/posts\/670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/index.php\/wp-json\/wp\/v2\/comments?post=670"}],"version-history":[{"count":1,"href":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/index.php\/wp-json\/wp\/v2\/posts\/670\/revisions"}],"predecessor-version":[{"id":672,"href":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/index.php\/wp-json\/wp\/v2\/posts\/670\/revisions\/672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/index.php\/wp-json\/wp\/v2\/media\/673"}],"wp:attachment":[{"href":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/index.php\/wp-json\/wp\/v2\/media?parent=670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/index.php\/wp-json\/wp\/v2\/categories?post=670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/genashtim.sg\/ecornell\/newsletter-v2\/index.php\/wp-json\/wp\/v2\/tags?post=670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}