Whether you’re a professional mediator, a manager seeking to address workplace disputes, or someone looking to improve your personal relationships, developing mediation competency is essential. Mediation is a valuable skill that can help individuals resolve conflicts and achieve mutually beneficial outcomes. In this blog post, we’ll explore the key components of mediation competency and discuss practical …
When does anchoring negotiation appear? How much to pay to settle a dispute or anchor price to purchase an item or settle a dispute is one of the most important decisions to be made before the negotiation process begins. A great many factors will influence the decision. Someone considering settlement will take into account, among …
When two parties enter a negotiation, it’s often assumed that a conflict between them needs to be resolved. However, the log-rolling negotiation technique offers an alternative perspective to this approach. Log rolling is a negotiation strategy where two parties agree to make concessions on different issues so that both parties can achieve their goals and …
Calibrated questions are a powerful tool to uncover deep insights and drive meaningful conversations. Invented by Marshall Goldsmith, a world-renowned executive coach, and author, calibrated questions are designed to help people reflect on their own behavior and beliefs. Unlike typical questions, calibrated questions are crafted to be both open-ended and constructed in a way that …
Since a real-world model for ethics in negotiations doesn’t exist (yet), there is a lot of room for ethical ambiguity that can be easily exploited. Since negotiation is an essential part of life, understanding the norms of ethics and negotiation can be incredibly useful when you are negotiating for yourself on behalf of someone else. Whether you’re …
Negotiating techniques like all techniques in any practice can be developed and perfected over time. Not everyone is born with innate negotiation skills. But it is a very valuable skill to hone because it can pay dividends throughout your life. From the small business owner to the kid throwing a tantrum, our everyday lives require …
What is an amicable divorce? When a divorce process is inevitable, a couple may begin to evaluate their options to resolve their divorce inexpensively and as cooperatively as possible. This question will especially crop up when the parties are on good terms with one another but must separate their lives. An amicable divorce process may seem …
Many negotiators will be so focused on claiming the maximum value in a negotiation that they will forget the bonuses from value creation. Being a successful negotiator involves knowing when it is appropriate to give and when it is appropriate to claim. An effective negotiation strategy consists in coming to the bargaining table with creative …
Negotiation has played a crucial role in human civilization. From tribes bartering goods to modern businesses striking multi-million-dollar deals to governments avoiding starting world wars, good negotiators have been essential for survival, success, and progress. Throughout history, some famous negotiations have changed the world and made headlines. These transactions have uncovered critical insights into different …
As the saying goes “life is a series of negotiations”, with that in mind, what is an important driver to a successful negotiation (and ergo, life)? Negotiation by nature involves the ability to be persuading or influence other people. This makes conflict resolution and alternative dispute resolution an easier practice. The best negotiator aims to …