Effective Negotiation

Course Code : EN
Course Duration : 14Hrs
Time : 9.00am - 5.00pm
Course Fees : Actual Cost SDF Grant Amount to Pay
S$280.00 S$56.00 S$224.00 (Approval for SMEs Only)
S$315.00 S$56.00 S$259.00(Approval for SMEs Only)
Course Description

Negotiations are essential part of business and effective management. This course has been developed to provide any managers, buyers and sellers with an understanding of negotiation in any business environment. It provides the fundamental of negotiation; identify the negotiation and communication styles of individual negotiator, the negotiation strategies and techniques use in various contexts, the negotiation process, and communication techniques that could improve the relationship of the negotiators.

Who Should Attend

This course is designed for senior sales staffs, purchasing staffs and management who wishes to become a better negotiator at work.

Objective

This course is designed to enable the participants to
1.Recognize conflicts and resolve conflicts situations with the right conflict    resolution style in a constructive manner
2.understand the fundamentals of negotiation and the negotiation process
3.understand the importance of using effective communication skill during negotiation to build trust with clients, customers and suppliers
4.obtain optimal outcomes through understanding the needs and expectation of others
5.improve negotiation skills and confidence to implement effective negotiation strategies for results
6.Practice appropriate tactics and correct the many flaws in negotiating styles that lead to unsuccessful negotiations

Subject Content
Subject Topics Sub Topics Specific Learning Outcomes

Day 1

Concepts of Conflicts and Negotiation
Characteristics of successful negotiators
Impact of communication and personality styles on Negotiation

Functional versus dysfunctional conflicts
Types of conflict management styles
Types of Negotiation Situations
Individual Negotiation Skills : (1) Do’s and Don’ts of negotiating (2) Characteristics of Effective negotiators
International Negotiation: Cultural and Environment difference
Negotiation and Strategic Modes of Communication
Identifying Personal Type, Personality and Communication Style on Negotiation
Developing Assertiveness and Active Listening Skills
Managing Difficult people: Do and Don’t of Negotiators

Identify positive and negative conflicts at workplace
Assessment of personal conflict management styles and adaptation to various types of negotiation situations
Build up the characteristics of effective negotiator
Understand how cultural preferences can impact the success of negotiation
Analysis of personal personality Understand how individual personality and communication skills can impact negotiation.
Develop communication techniques such as assertiveness and active listening skills for effective negotiation.
 

Day 2

Negotiation Strategies and Tactics
Negotiation Process

Types of negotiation strategies: (1) Positioned versus Principled; (2) Competitive and Collaborative
Negotiation Tactics
Negotiation Process
- Planning and Preparation
- Acquisition of information
- Clarification of desired outcome
- Goals, Issues & Market - Identification
SWOT Assessment: Organization, Product, and Self
- Bottom line and Opening Position
- Strategies and Tactics Options
- Concessions and Trade-offs, BATNA
- Strategizing Modes of Communication
- Follow-up and Evaluation

Identify, learn and apply the appropriate types of negotiation strategies and tactics for effective negotiation
Identify and participate through all the stages of the negotiation process in a simulated case analysis

 

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