Education & Work How to Respond to a Surprise in a Negotiation

Discussion in 'Living Room' started by GentleChief, 14th Nov, 2019.

Join Australia's most dynamic and respected property investment community
Tags:
  1. GentleChief

    GentleChief Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    291
    When you’re caught off guard in a negotiation, it’s normal to freeze up.
    After all, you weren’t prepared for your counterpart to change the deadline, take back a promise, or deliver an ultimatum. If this happens to you, try to avoid immediately jumping to a conclusion. Instead, suspend judgement, consider “I wonder what led them to say that,” and then ask at least one question.

    For example, if an employee unexpectedly demands a raise by saying, “I’ve been undervalued for too long,” try not to shut down the request, even if you think it’s off base. Ask something like: “Can you walk me through your thinking? What would getting a raise mean to you personally?” This kind of questioning might surface the employee’s real need — perhaps, to be seen as an important contributor — and then you could negotiate an adjustment around the employee’s visibility rather than their pay.

    Adapted from “When Surprise Is a Good Negotiation Tactic,”
    by Roi Ben-Yehuda and Tania Luna
     
  2. kierank

    kierank Well-Known Member

    Joined:
    20th Jan, 2016
    Posts:
    8,414
    Location:
    Gold Coast
    If I ever get caught off-guard in negotiations, I pulled the old “time-out” gambit (bit like in basketball).

    The easiest way to achieve this is to seek counsel from a higher authority (eg lawyer, accountant, mentor, life-partner, ...).

    And then, re-convene when you have re-gained your composure.
     
    craigc and Ted Varrick like this.