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Improve Your Negotiation Skills By Applying And Challenging Power In Negotiation

How can you invent influence and leverage for yourself in negotiations?

Is there a negotiation skills method to counter the authority held by your counterparts in negotiations?

There is a technique to consistently develop power for yourself whilst at the same time challenging the authority of your counterparts. If you consistently use this method, you will be rewarded with a significant improvement in the quality of the transactions that you conclude.

Much has been written about the power that can be found in negotiations. Below are some examples of the things that might provide you with some authority, which you would have come across in your sales negotiation training:

* Status & title (you or your title may be held in high regard)

* Physical appearance (you may be big physically or be deemed to be physically attractive)

* Organisational rank (your business may be considered powerful)

Whilst the aforementioned are examples of some of the things that may award authority on you or your counterpart in deals, without any doubt, a very important factor to creating authority for yourself in negotiations is to develop alternatives. You will never have as much power in a transaction as you will have if you are not limited to one choice only. If you can put yourself in a position where all you have to do is choose between options, then you will always guarantee that you have both authority and leverage in negotiations.

The funny thing is that whilst we do think of alternatives when we negotiate we are inclined to make two important mistakes:

1. We think about alternative options too late in the negotiation process. Normally, we only begin to think about alternative options when we realise that we are in a stalemate or in a tough position. The issue with thinking about options late in the negotiation process is that we might find ourselves in a position where we have no time left and then we may be compelled to agree an outcome we would have preferred to avoid. The key to effectively developing options is to do so even before you commence negotiating.

2. We do not really arm ourselves in creating alternatives. Whilst we may think about options, often we do not put in place exact actions to develop these alternatives. It is key that once we've recognised possible alternatives that we actively engage in exploring these options. If you want both authority and leverage in your negotiations, then you will have no option but to explore fully all the alternatives available to you. As a matter of fact, you may even have to create some options if there seems to be no alternatives available.

Remember that successful negotiations and creativity go hand in hand. Here's a word of caution though. Use your negotiation training, because you should carefully think about whether you should let the other side know about the options that you have at your disposal. If you are in an extremely competitive negotiation environment then there is not much harm in letting your counterpart know that you have many alternatives available. However, if you are in a collaborative position, it may be best to not openly disclose the alternatives available to you as this may have a counterproductive impact on your relationships.

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