Welcome to Module 4 of Negotiation 101! You've come a long way in your journey to becoming a skilled negotiator, mastering the importance of negotiation, preparation, and communication. Now, it's time to explore different negotiation strategies and tactics. In this module, we'll focus on two primary approaches: integrative and distributive negotiation.
Understanding and selecting the right strategy is crucial for achieving optimal outcomes. Let's take a closer look at each approach and their key characteristics.
Integrative Negotiation: Also known as "win-win" or "interest-based" negotiation, integrative negotiation focuses on finding solutions that satisfy the needs and interests of all parties involved. The key principles of integrative negotiation include:
Distributive Negotiation: Also known as "win-lose" or "positional" negotiation, distributive negotiation views the process as a competition with a fixed amount of value to be divided between the parties. The key principles of distributive negotiation include:
To develop a deeper understanding of integrative and distributive negotiation strategies, try this exercise:
Well done on completing Module 4! By understanding and applying different negotiation strategies, you'll be better equipped to navigate a wide range of negotiation scenarios. Keep practicing and refining your skills, and stay tuned for the next module, where we'll tackle dealing with difficult negotiations.
https://www.youtube.com/watch?v=uKbcmlKb81c&pp=ygUiTmVnb3RpYXRpb24gU3RyYXRlZ2llcyBhbmQgVGFjdGljcw==
https://www.youtube.com/watch?v=q8rX4GUZSsU&pp=ygUiTmVnb3RpYXRpb24gU3RyYXRlZ2llcyBhbmQgVGFjdGljcw==
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