| Atricle Dump |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Negotiation > Negotiating Contracts: A Little Bit of Healthy Curiosity Goes a Long Way |
|
Atricle Dump - Negotiating Contracts: A Little Bit of Healthy Curiosity Goes a Long Way
6 Steps to Effective Communication their own.Effective leaders are known for being excellent communicators. Here's what to do.1) Avoid "Not." Negative talk encourages arguments, counter attacks, and attempts to solve your problems. It also creates a negative impression. For example, when you say, "I can't," you appear helpless and ineffective. Instead, talk about what you can do and what you want.2) Deal with impossible requests by 1) acknowledging the request I learned that pushing back and being firm in a position is often not a fruitful strategy. After all, had I refused to consider a new way to look at my fees, I wouldn’t have gotten the contract and I wouldn’t have this delightful story to tell. I learned that asking even the simplest question in a real attempt to understand, then really listening to the answer, can unlock a negotiation. I learned that knowing someone’s interests can make entirely new solutions visible. Learning that the department head had an When Being A Facilitator DOESN'T Help In the contracting meeting, the department head reviewed my proposal and slid the contract back across the table at me, shaking her head. “Too much,” she said. “I’ll give you 20% less.”I talked with a group of internal consultants last week - they felt they had to wear too many hats in their work. They had to be consultants, facilitators, coaches and trainers - sometimes in the same one-hour session. They weren't always sure what role to be in and they felt that all this role-switching was draining them and was decreasing their credibility and effectiveness.After learning a bit more, I suggested two things to This was more than a decade ago, when I was just starting out in private practice, and one of my first big opportunities was to help a large department work through a long-standing state of unrest that was getting in the way of operations. Here I was, sitting with the head of the department, attempting to finalize the contract proposal I'd so carefully constructed. Pleasantly, I explained that I hadn’t deliberately inflated my proposed fees to come in with a highball offer or play negotiating games. The proposed fee was a real number based on careful consideration. I further explained that while my hourly rate was not negotiable, perhaps she and I should revisit the scope of the work to be done to see if that could be scaled back to bring the cost down. She shook her head again, this time rolling her eyes ever so slightly, as though she couldn’t quite believe she could be talking to such an imbecile. “Everything’s negotiable,” said she, “even hourly fees.” Now, I had just finished a book cautioning new consultants not to negotiate their rates (assuming their rates were based on something real, like overhead, income needs, going rates in the field, etc. and not just pulled out of the air) because it became a slippery slope. At a loss for what else to do and fast realizing that my plum of a new contract was slipping from my grasp, I asked, “Why do you believe that everything’s negotiable?” She sat back and said, “I don’t. But the head of finance does. He’ll ask me if I bargained you down and got a good deal.” I stared in disbelief for a moment. Then I picked up my pen, crossed out the proposed fee, and wrote in a new fee about 25% higher than my original one. “Will this work?” I asked, sliding the paper back to her. She pondered my figure for a moment, then said, “Well, I’ll have to offer you 20% less than that. I think I’ve already been clear about that” “That sounds reasonable,” I said. And we had a deal. This really did happen. I learned a few important lessons about negotiating that day, ones that are often key when I’m helping mediation parties negotiate or helping coach someone for an upcoming negotiation of their own. I learned that pushing back and being firm in a position is often not a fruitful strategy. After all, had I refused to consider a new way to look at my fees, I wouldn’t have gotten the contract and I wouldn’t have this delightful story to tell. I learned that asking even the simplest question in a real attempt to understand, then really listening to the answer, can unlock a negotiation. I learned that knowing someone’s interests can make entirely new solutions visible. Learning that the department head had an i Turn Any Hobby Into A Part Time Business hadn’t deliberately inflated my proposed fees to come in with a highball offer or play negotiating games. The proposed fee was a real number based on careful consideration. I further explained that while my hourly rate was not negotiable, perhaps she and I should revisit the scope of the work to be done to see if that could be scaled back to bring the cost down.If you are planning on beginning a business, your best bet is to start out part time while you are earning a full time income at your present job. If you are like most people who are existing from payday to payday – you don’t have a lot of money to invest in a full time business. No need to worry! Just use your favorite hobby as your business base and grow from there! There’s no telling where you will be 2 to 3 years down the road. Per She shook her head again, this time rolling her eyes ever so slightly, as though she couldn’t quite believe she could be talking to such an imbecile. “Everything’s negotiable,” said she, “even hourly fees.” Now, I had just finished a book cautioning new consultants not to negotiate their rates (assuming their rates were based on something real, like overhead, income needs, going rates in the field, etc. and not just pulled out of the air) because it became a slippery slope. At a loss for what else to do and fast realizing that my plum of a new contract was slipping from my grasp, I asked, “Why do you believe that everything’s negotiable?” She sat back and said, “I don’t. But the head of finance does. He’ll ask me if I bargained you down and got a good deal.” I stared in disbelief for a moment. Then I picked up my pen, crossed out the proposed fee, and wrote in a new fee about 25% higher than my original one. “Will this work?” I asked, sliding the paper back to her. She pondered my figure for a moment, then said, “Well, I’ll have to offer you 20% less than that. I think I’ve already been clear about that” “That sounds reasonable,” I said. And we had a deal. This really did happen. I learned a few important lessons about negotiating that day, ones that are often key when I’m helping mediation parties negotiate or helping coach someone for an upcoming negotiation of their own. I learned that pushing back and being firm in a position is often not a fruitful strategy. After all, had I refused to consider a new way to look at my fees, I wouldn’t have gotten the contract and I wouldn’t have this delightful story to tell. I learned that asking even the simplest question in a real attempt to understand, then really listening to the answer, can unlock a negotiation. I learned that knowing someone’s interests can make entirely new solutions visible. Learning that the department head had an How to Make $10,000 at the Age of 10 Years Old in 6 Months st finished a book cautioning new consultants not to negotiate their rates (assuming their rates were based on something real, like overhead, income needs, going rates in the field, etc. and not just pulled out of the air) because it became a slippery slope. At a loss for what else to do and fast realizing that my plum of a new contract was slipping from my grasp, I asked, “Why do you believe that everything’s negotiable?”So how do you make extra money without working in a regular wage job. Sure if you save X dollars per hour in 4 weeks if you do not spend much you will have X times 4 dollars (weeks worth).But how would you like to make much more than that. More than that without getting into things that are bad for you. Well here is how you do it:Find something you like to do and help a neighbor, one that your parents know. Then do a real She sat back and said, “I don’t. But the head of finance does. He’ll ask me if I bargained you down and got a good deal.” I stared in disbelief for a moment. Then I picked up my pen, crossed out the proposed fee, and wrote in a new fee about 25% higher than my original one. “Will this work?” I asked, sliding the paper back to her. She pondered my figure for a moment, then said, “Well, I’ll have to offer you 20% less than that. I think I’ve already been clear about that” “That sounds reasonable,” I said. And we had a deal. This really did happen. I learned a few important lessons about negotiating that day, ones that are often key when I’m helping mediation parties negotiate or helping coach someone for an upcoming negotiation of their own. I learned that pushing back and being firm in a position is often not a fruitful strategy. After all, had I refused to consider a new way to look at my fees, I wouldn’t have gotten the contract and I wouldn’t have this delightful story to tell. I learned that asking even the simplest question in a real attempt to understand, then really listening to the answer, can unlock a negotiation. I learned that knowing someone’s interests can make entirely new solutions visible. Learning that the department head had an Small Business Computer Consulting: Smart Marketing Then I picked up my pen, crossed out the proposed fee, and wrote in a new fee about 25% higher than my original one. “Will this work?” I asked, sliding the paper back to her.In small business computer consulting, it can be easy to get yourself into money trouble really fast. Conserve your precious capital by avoiding some of the common mistakes when marketing your small business computer consulting firm.Perform TestsWhenever you’re doing any marketing with your small business computer consulting firm, think about being able to run smaller, measured tests before making big marketing bets. It c She pondered my figure for a moment, then said, “Well, I’ll have to offer you 20% less than that. I think I’ve already been clear about that” “That sounds reasonable,” I said. And we had a deal. This really did happen. I learned a few important lessons about negotiating that day, ones that are often key when I’m helping mediation parties negotiate or helping coach someone for an upcoming negotiation of their own. I learned that pushing back and being firm in a position is often not a fruitful strategy. After all, had I refused to consider a new way to look at my fees, I wouldn’t have gotten the contract and I wouldn’t have this delightful story to tell. I learned that asking even the simplest question in a real attempt to understand, then really listening to the answer, can unlock a negotiation. I learned that knowing someone’s interests can make entirely new solutions visible. Learning that the department head had an How Do You Define a Good Logo Design? their own.Everyone wants his company logo to be the best but how good is good? How do we define a good logo? Is it necessary to be colorful or an exquisite piece of art? Can a simple design work as a good logo? We are often in a dilemma.Now to define a good logo design we first need to understand the purpose of having a logo. A corporate logo is one of the most essential branding elements for your company. It should be instrumental in bui I learned that pushing back and being firm in a position is often not a fruitful strategy. After all, had I refused to consider a new way to look at my fees, I wouldn’t have gotten the contract and I wouldn’t have this delightful story to tell. I learned that asking even the simplest question in a real attempt to understand, then really listening to the answer, can unlock a negotiation. I learned that knowing someone’s interests can make entirely new solutions visible. Learning that the department head had an interest in being able to tell the CFO she had bargained me down helped open up my thinking. And it helped me see her in a different light. No longer was she just unreasonable or stubborn. And I learned that even the zaniest solutions sometimes work or lead to other ideas that do. Who ever would have dreamed that upping my contract price, right in front of her, could have lead to a deal after she’d already told me it was too high? Copyright © 2005 by Tammy Lenski. All rights reserved.
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:How Easy is Your Company to Do Business With?
|