In the vast majority of organizations, every negotiation is seen as zero-based and different from every other negotiation. But, on a basic level, all business negotiations ultimately follow the same blueprint:
B2B Street Fighting Blog
changing the sales negotiation conversation
Posted by Marie Dudek Brown on Thu, Jan 26, 2012 @ 11:37 AM
Tags: business negotiations
three rules for creating value in business negotiations
Posted by Marie Dudek Brown on Mon, Jan 23, 2012 @ 01:39 PM
There's an element of creativity involved when you broaden the business deal and clarify the "it" you are negotiating. A world-class salesperson looks for avenues to add value to the deal being negotiated.
B2B Street Fighting on Washington Post top 5 titles
Posted by Marie Dudek Brown on Fri, Jan 20, 2012 @ 01:51 PM
Tags: business negotiations, books
negotiation skills training: consequences of no agreement (CNA)
Posted by Marie Dudek Brown on Fri, Jan 13, 2012 @ 10:44 AM
At the negotiating table, the pressure we feel from commoditization is both common and pervasive. It can often be crippling because it limits our options. You think less clearly and have a harder time focusing on your goals. As a result, you make bad decisions - based on temporary conditions - that last, in some cases, forever.
Senior executives know that, beyond mergers and acquisitions, a company's growth is driven one deal at a time by the way direct and indirect sales people sell and negotiate. That's why American corporations spend $7.2 billion every year on sales processes, account managment skills, negotiation, and opportunity management training. That's an average of $347, 000 per company, according to SellingPower. But beyond proprietary (and perhaps biased) consulting reports and high-level academic papers on change, there's little information available on whether or not those investing the money are achieving a return on their investment that's at least equal to -- if not better than -- their cost of capital.
Tags: business negotiations
what's the next big thing in procurement negotiations?
Posted by Rosemary Coates on Tue, Dec 20, 2011 @ 10:54 AM
1980’s
- Arms length business relationship (our-side vs your side)
- Initial software with purchasing systems that automate POs
- Use of learning-curve theory to drive down pricing year over year
- $1000 government toilet seats and $75 ashtrays because these things required “R&D”
- Vendor entertainment, gifts (bribes?), personal relationships off the books
1990’s
- Win-Win approach to negotiation
- Emergence of purchasing modules in ERP systems
- Title changes from Buyer and Purchasing Agent to Procurement Manager
- Use of consultants to help with spend analysis
- Increased acknowledgement of Procurement as a part of the broader Supply Chain
2000’s
- Adding value to negotiations through trades
- Non-production spend analysis and solutions
- Control over maverick buys through software
- China sourcing (low cost country sourcing and production
- Coordination across the Supply Chain
Tags: business negotiations, negotiation strategies in business
did you miss this regarding business negotiation?
Posted by Marie Dudek Brown on Mon, Dec 19, 2011 @ 11:47 AM
TOP TEN READ: B2B Street Fighting - three counterpunches to change the negotiation conversation "Some books contain value because they raise your awareness and for others the value is the hard content. In this case, both values are present ." --Amazon Top 50 Reviewer, Charles Ashbacker "I highly recommend this book to anyone seeking a proactive and repeatable approach to successful business-to-business negotiation. This author uses a direct and straight to the point framework." --Blog Business World, Wayne Hurlbert "The discussion around the value proposition alone is worth 100 times the cost of the book ." --SellingPower Magazine, Gerhard Gschwandtner You can request an excerpt from the book here, or order your copy here. It's available in print and Kindle versions. RECORDED WEBINAR: Selling To and Negotiating With Today's Tougher, Strategic Procurers / Buyers / Sourcers Four of the top negotiation experts gathered for an unscripted, unedited panel discussion on business negotiation where these topics were talked about: - Tactical versus strategic approaches for working with procurement |
Tags: business negotiations
a strategic negotiation process - what's that?
Posted by Marie Dudek Brown on Thu, Dec 15, 2011 @ 02:27 PM
Before you can understand the process, you're going to have to start thinking differently about what negotiation really means. The traditional view of negotiation is promising, cajoling, threatening or using any of a wide variety of tactics to get what you want from another party. Negotiation, however, begins long before you sit down with someone to work out the terms of a deal. It starts as soon as you select an account and start selling and / or managing the account relationship. This is all negotiation, and redefining it as a process is what leads to world-class dealmaking.
Tags: business negotiations
3 phases of redefining procurement negotiation
Posted by Marie Dudek Brown on Tue, Dec 06, 2011 @ 09:04 AM
Would you agree that most companies believe negotiation is an organizational competency? Of course! But how many procurement departments (or companies) are clear in the steps needed to create this organization competency, versus individual experts? And I'm not saying individual expertise isn't needed, but rather longer term results are driven by a negotiation process that is used by everyone. Planning and teamwork are critical.
Tags: business negotiations
I was struggling with a concept this morning and a friend of mine sent me this quote: “When you plant lettuce, if it does not grow well, you don't blame the lettuce. You look for reasons it is not doing well. It may need fertilizer, or more water, or less sun. You never blame the lettuce.
Yet if we have problems with our friends or family, we blame the other person. But if we know how to take care of them, they will grow well, like the lettuce. Blaming has no positive effect at all, nor does trying to persuade using reason and arguments.
That is my experience. No blame, no reasoning, no argument, just understanding.”
- Thich Nhat Hanh
Tags: business negotiations
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