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Strategic Framework for Negotiation

In: Advanced Negotiation Techniques

Author

Listed:
  • Alan McCarthy
  • Steve Hay

Abstract

In working with our clients around the world we have found that ineffective negotiation is often due to the lack of an adequate framework to plan, guide, and support successful negotiations. Our commercial clients range from large international companies where you might expect there to be an effective support framework to small enterprises where you may not be surprised to find no adequate internal advice or processes to allow negotiations to be more successful. Most of these organizations know they must maintain an effective business strategy; they recognize the importance of creating a relevant purchasing strategy and put a lot of thought into their sales strategy. However, many do not seem to realize that it is equally vital to develop a negotiation strategy for the whole organization. We often see organizations drift into negotiations without being properly prepared because they failed to recognize that the process of buying or selling had flipped into the process of negotiation.

Suggested Citation

  • Alan McCarthy & Steve Hay, 2015. "Strategic Framework for Negotiation," Springer Books, in: Advanced Negotiation Techniques, chapter 0, pages 143-148, Springer.
  • Handle: RePEc:spr:sprchp:978-1-4842-0850-2_15
    DOI: 10.1007/978-1-4842-0850-2_15
    as

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