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Most negotiation strategies attempt to optimize deal terms. This article makes the point that when post-deal relationships are important, it is better to optim
by 1e-9 7y ago
Most negotiation strategies attempt to optimize deal terms. This article makes the point that when post-deal relationships are important, it is better to optimize a combination of deal terms and quality of the post-deal relationship. It concludes that a softer approach better achieves this broader goal by yielding a much better relationship even though it might be at the cost of worse deal terms.
I largely agree with this, although the researchers omit the important tactic of developing an acceptable alternative deal with a counter-party's competitor and then focusing negotiation on comparisons to it. Done well, you can still drive a hard bargain in a soft way, while maintaining the relationship by diverting the counter-party's resulting negative feelings away from you and towards the competitor.