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Daily Journey | S01

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Season 1

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S01.EP0011D | Creative Negotiation

Welcome to the Creative Negotiation class!

Components of Creative Negotiation

“Creative negotiation is not just about reaching an agreement; it’s about creating solutions that maximize benefits for all parties involved. 

It involves empathy, innovation, and the ability to think outside the box to resolve conflicts in a way that everyone wins.”

“Developing creative negotiation skills is essential for leaders, entrepreneurs, and anyone seeking effectiveness in their daily interactions, both personal and professional.”

Empathy and Understanding

Practical Example

“Imagine you’re negotiating a contract with a supplier. Instead of just pushing for lower prices, try to understand the supplier’s challenges and propose solutions that can reduce their operational costs, which may, in turn, allow for a price reduction.”

Flexible Thinking

Pratical Example

“During a partnership negotiation, instead of rigidly sticking to your initial plan, be open to exploring new ideas that partners may bring to the table, which can lead to unforeseen innovative opportunities.”

Effective Communication

Pratical Example

“When discussing a team project, use visuals, data, and compelling narratives to illustrate how your suggestions benefit the overall project, thereby increasing the chances of acceptance.”

Pop Culture Inspo

‘Mad Men’ (Don Draper)​

This character is famous for his negotiation and persuasion skills, where he often uses creativity to present advertising proposals that capture both the essence of the product and the emotions of the customer.

Examples from the Market

Merger Disney x Pixar

A classic example where Disney not only bought a company but integrated its culture of creativity and innovation, resulting in an extremely fruitful partnership that respected Pixar’s identity and independence.

Practical Step-by-Step Guide to Developing Creative Negotiation

1

Identify Common Interests

Before a negotiation, make a list of the interests of all parties involved and identify the common ones.

2

Prepare Creative Proposals

Develop proposals that not only meet your objectives but also offer something valuable to the other party.

3

Use Persuasion Techniques

Employ stories, data, and emotional examples to reinforce your arguments.

 

4

Negotiate with Flexibility

Be willing to adapt your proposals based on feedback during the negotiation.

5

Build Long-lasting Relationships

Focus on building or strengthening a relationship, not just on closing a deal.

The Creative Negotiation is a powerful tool that, when used effectively, can turn complex challenges into satisfactory agreements for all.

By cultivating these skills, you not only improve your daily interactions but also contribute to a more collaborative and innovative environment.

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