SEMINAR AGENDA
7:30 am – 8:00 am Registration
8:00 am – 12:05 pm Morning Session
Introduction to Course Curriculum
Lecture – Assessment and Plan Development for a Negotiation
- Develop Your Vision for the Deal
- What is Your Planned Outcome
- What Do You Need to Know to Develop the Desired Deal Terms
- What are Your Boundaries and Authorities
- Why You Must Develop the Terms for Your Best Deal
- Why You Must Identify Your Walk Away Terms – Know your BATNA
- Why You Should Identify the Other Party’s Walk Away Terms
Break – 10 minutes
Group Exercise #1
Lecture – Setting the Tone for Your Negotiation
- When, Where and How
- The Power of Civility
- The Power of Integrity and Trust
- The Power of Pacing, Timing, and Breaks
- When Should You Make the First Offer
- Examples and Stories of Negotiations
- The Seven Elements of Negotiation
Break – 10 minutes
Lecture – The First Steps in the Negotiation Process
- How to Learn the Counterparty’s Perspective of Deal Success
- How to Determine Who Owns the Decision for the Counterparty
- Is Their Perspective Consistent With Your Planning Assumptions about Them
- Do You Now Know How to Satisfy the Common Goals
- Do You Need to take a Break to Adjust Your Planning Based on What You Now Know
- The Quick Prep Spreadsheet to Prepare for a Negotiations in a Hurry
- The Full Negotiations Preparation Worksheet
12:05 pm – 12:55 pm Lunch
Breakout Exercise #2
Lecture – Other Negotiation Considerations
- How to Defuse Emotional Negotiations/Negotiators
- Joint Problem-Solving
- Barriers to Cooperation
- Breaking Through Tough Blocks in Negotiations
- What to Do if the Other Party is Not Bargaining in Good Faith
- What to Do if You are at an Impasse – When Do You Walk Away
Break – 15 minutes
Lecture – What Makes a Good Deal and Contract
- All Important Terms, Financials, Roles, and Obligations are Included
- The Agreement is Organized and Easily Administered
- The Parties Are Willing to Do Another Deal Together
Lecture – Negotiations by Email or Text Message
- Should You Negotiate by Email or Text Message
- What are the Risks
- Are There any Benefits
Lecture – Personal Negotiation Styles
- Is it Important to Know Our Personal Negotiating Style
- What Can We Do with This Information
- Steps to Improving Your Negotiation Skills
- How to Negotiate when the Opposing Side is More Powerful – Understanding the Power in the Room
3:00 pm Course Concludes