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Implement Your Negotiation Strategy More Effectively
Better implementation leads to better outcomes.
- Forty-eight percent of CIOs believe their budgets are inadequate.
- CIOs and IT departments are getting more involved with negotiations to reduce costs and risk.
- Not all negotiators are created equal, and the gap between a skilled negotiator and an average negotiator is not always easy to identify objectively.
- Skilled negotiators are in short supply.
Our Advice
Critical Insight
- Preparation is critical for the success of your negotiation, but you cannot prepare for every eventuality.
- Communication is the heart and soul of negotiations, but what is being “said” is only part of the picture.
- Skilled negotiators separate themselves based on skillsets, and outcomes alone may not provide an accurate assessment of a negotiator.
Impact and Result
Addressing and managing critical negotiation elements helps:
- Improve negotiation skills.
- Implement your negotiation strategy more effectively.
- Improve negotiation results.
Implement Your Negotiation Strategy More Effectively Research & Tools
Start here – read the Executive Brief
Read our concise Executive Brief to find out why you should create and follow a scalable process for preparing to negotiate with vendors, review Info-Tech’s methodology, and understand the four ways we can support you in completing this project.
1. During
Throughout this phase, ten essential negotiation elements are identified and reviewed.
About Info-Tech
Info-Tech Research Group is the world’s fastest-growing information technology research and advisory company, proudly serving over 30,000 IT professionals.
We produce unbiased and highly relevant research to help CIOs and IT leaders make strategic, timely, and well-informed decisions. We partner closely with IT teams to provide everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.
What Is a Blueprint?
A blueprint is designed to be a roadmap, containing a methodology and the tools and templates you need to solve your IT problems.
Each blueprint can be accompanied by a Guided Implementation that provides you access to our world-class analysts to help you get through the project.
Need Extra Help?
Speak With An Analyst
Get the help you need in this 1-phase advisory process. You'll receive 10 touchpoints with our researchers, all included in your membership.
- Call 1: Managing six key items during a negotiation.
- Call 2: Setting the proper tone for the negotiation sessions.
- Call 3: Focusing on three types of intangibles to improve your negotiation skills.
- Call 4: Communicating more effectively verbally and non-verbally.
- Call 5: Understanding and dealing with personality types.
- Call 6: Managing seven key aspects of your negotiation discussions.
- Call 7: Dealing with deadlocks and impasses and understanding their value.
- Call 8: Granting concessions and evaluating concessions received.
- Call 9: Identifying and defeating common vendor negotiation ploys.
- Call 10: Deciding whether to continue and how to walk away gracefully.
Author
Phil Bode
Contributors
Six anonymous contributors
Related Content: Vendor Management
Search Code: 94955
Last Revised: November 4, 2020
TAGS:
Negotiating, negotiations, negotiating with vendors, improve negotiations, get better at negotiating, negotiation strategy, negotiation management, negotiation process, negotiation tactics, negotiation ploys, vendor ploys, negotiate, negotiation skills, negotiation impasses, negotiation deadlocks
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