training for awb bank (2)
DESCRIPTION
Training Evaluation & Feedback AWB Direct Sales Training Selling Skills Start Understanding Yourself And Others January 24, 26, 29 2012 By Mohamed Abdelnaby Part A selling skills+ Communication Skills: Personal Effectiveness 1. Successful Salespeople Skills 2. Verbal Communication (Includes both spoken and written forms) 3. Non-verbal communication (Understanding Body Language) 4. Listening skills (Active, Passive and Reflective Listening) • Managing Self o Understanding Self o SWOT Analysis of Oneself • Managing Time o Setting SMART Goals o Writing Planning and Organizing your time • Managing Stress o The Power of Perception o Reaction to Stress o Managing Stress o Ways to develop a positive attitude Training interactive Methodology: • Games and Group Activities • Case Studies TWO ASSESSMENT 1. Stress Management (Replay every month) 2. Personal vision Part B Sales Call Etiquette • Ways to make a Good First Impression. • Effective Call Handling • Pre-call Information • Building Credibility During the Call • Key Phases of an Outbound/Inbound Call • Hold Procedure • Using the Right Tone of Voice • Tips for Good Telephone Etiquette • Forbidden Phrases to Avoid • Body Language over the Telephone Training interactive Methodology: • Games and Group Activities • Case Studies ASSESSMENT: 3. Videos & Role Plays Part C Build Relationships and Sales Behaviors: • Stages in the personal selling process • Steps in the Buying Process • Making a Good Impression • Developing a rapport • New” Model of Selling • Dealing With Tough Customers ASSESSMENT: 4. Behavior Change Contract (follow up for everyone) • Part D Negotiation Skills : Techniques: • WIN/WIN Approach • Managing Emotions • Negotiation Skills • Assertiveness Skills • Persuasive Skills • Pareto Analysis • SWOT Analysis • Problem Re-statement Technique ASSESSMENT: • Videos &Role Plays • Games and Group Activities • Case Studies FINAL ASSESSMENT: 5. SKILLS EVALUATE 6. SALES SKILLS Recommended Training for the AWB Direct Sales team in future: 1. Sales Telephone Etiquette (Again with same style between all the team) 2. Team Management 3. Leadership Skills 4. Business Email Writing(managerial) 5. Motivational Training 6. Presentation SkillsTRANSCRIPT
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selling skills
Direct Sales Training AWB Bank
By Mohamed Abdelnaby
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Agenda
• Introduction
• Part A Selling Skills
• Activities 1 (Stress Management Assessment)
• Part B Sales Call
• Activities 2 ( Videos and Role plays)
• Part C Build Relationships and Sales Behaviors
• Activities 3 ( Behavior Change Contract Assessment)
• Part D Negotiations Skills
• Activities 4 ( Exercises on Negotiations Process And
BATNA Cycle )
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Introduction
Remember, salespeople aren't born, they're made
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Part A Selling Skills
The principles of selling are useful to everyone, not just people with the title of salesperson.
Developing mutually beneficial, long-term relationships is vital to all of us.
People in business use selling principles all the time.
Why Learn About Personal Selling?
Personal selling is a person-to-person business activity in which a salesperson uncovers and satisfies the needs of a buyer to the mutual, long-term benefit of both parties.
Part A-1
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Communication Methods
Part A-2
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Successful Salespeople
Self-motivated
Ethical sales behavior
Customer and product
knowledge
Ability to use information
technology
Communication skills
Part A-4
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Successful Salespeople (continued)
Flexibility and agility
Creativity
Confidence and optimism
Emotional intelligence
Part A-5
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Activities 1
Stress Management Assessment
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Reading Nonverbal Messages from Customers
Body angle
Face
Arms
Hands
Legs
Positive Power and authority Underlying tension
Part A-6
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Nonverbal Reactions to Presentation
Part A-7
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Sending Messages with Nonverbal Communication
Using body language
• Muscles of face
• Eye contact
• Hand movement and
hand shaking
• Posture and body
movements
Part A-8
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The Role of Space and Physical Contact
Part A-9
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Consider the geography
• The temperature
• The local cultural norms
Consider your customers
• Their appearance
• Their expectations of your appearance
Consider your corporate culture
• Norms for your industry
Consider your aspirations
• Top levels of your organization
• Dress above your position
Consider your own personal style
• Wait until you have the halo effect
• Be reasonable
Appearance
Part A-10
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Communicating via technology
Face-to-face conversation • 40 percent: words
• 10 percent: voice
• 50 percent: nonverbal communications
Telephone • Practice
• Prepare
• Don’t be rushed
• Smile as you talk
• Active listening
• Set objectives
• tone
Part A-11
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Part A-12
“Old” Model of Selling
10%
Developing
Trust
20%
Qualifying
30%
“Selling” (Presenting)
40%
Closing
Communicating via technology (continued)
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“New” Model of Selling
Communicating via technology (continued)
40%
Developing Trust and Rapport
30%
Defining Needs & Problems
20%
Describing Features & Benefits
10%
Closing
Part A-13
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How outside order-getting salespeople spend their time each week
Part A-14
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Use strong subject lines
Put important information in the first few lines
Be aware of the ―tone‖ of your email
Learn customer preferences for email
Avoid sending long emails and large attachments
Don’t deliver bad news via email
Best time to send an e-mail and get it read:
E-Mail Communication
Part A-15
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Salespeople need to recognize that business
practices differ around the world
Terms have different meanings
Time perception
Adjusting for Cultural Differences
Low-context cultures
Most of the information that flows between buyer and seller is in the spoken words themselves.
High-context cultures
More information is contained in factors surrounding the communication.
Part A-16
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Prearranged presentation that usually includes:
• Standard introduction
• Standard Q&A
• Standard method for getting the customer to
place an order Effective because it is well organized
Outlined Presentation
Part A-17
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Customized Presentation
Part A-18
Analyze what the customer's needs
Organize the content of your sales presentation to gain
the attention of the customer and create maximum
impact
improve your delivery skills, especially presentation
techniques.
Design and use a wide range of visual aids that are
appropriate to various selling situations .
Interact with customers throughout the sales
presentation and handle sales objections that may
arise.
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Knowledge Management
Product and company
knowledge
• Salespeople need to have a lot of
information about their products,
services, company, and
competitors.
Knowledge about sales
situations and customers
Part A-20
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Knowledge Management (continued)
How to create knowledge • Top company salespeople
• Feedback from sales managers
Other sources of knowledge • Web
• Company sales manuals and newsletters
• Sale meetings
• Plant visits
• Business and trade publications
• Competitor displays at trade shows
• Viewing competitor’s Web pages
Part A-21
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Video
Activities 2 (Assess Your Own
Skills Assignment)
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Part B Sales Call
What to know before every sales call?
Part B-24
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The Planning Process
Part B-25
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Controlling Style and Tone
Part B-25
Write the plan first
Choosing strong words you will say
Select active voice
Straight forward
Pay attention to tone
Use a Conversational Tone
Business messages:
Avoid obsolete or pompous language
Be careful with intimacy
Use humor carefully
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Pre-call Information
Good pre-call planning enables you to learn about a prospective customer’s (concerns, business agenda, budget requirements) and key decision makers before the sales call.
3 Steps To Pre-Call Planning Success:
1. Find the best sources:
Be aware of all the sources available to you—industry
associations, company Web sites, news outlets, online business
information resources …etc.
2. Find out what you want to find out:
• Know what you’re looking for before you start looking for it. By
asking yourself key questions.
3. Find ways to find information faster:
• Once you’ve identified what you need to know about your
prospect, learn how to mine your sources of information quickly and
efficiently.
Part B-26
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Simple Key Questions for Pre-Call Planning
• What are the company’s/industry’s top business concerns
• right now?
• How is the company positioned to handle those issues?
• Who are the key decision makers?
• What is my prospect’s market strength?
Part B-26
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Personal • Name (including pronunciation)
• Family status
• Education
• Aspirations
• Interests and disinterests
• Social style
The Prospect/Customer as an Individual
Part B-27
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Demographics • Type of organization
• Size, number of locations
• Products and services offered
• Financial position and its future
• Overall culture of the organization
Prospect’s customers • Types
• Benefits they seek from the prospect’s products and services
Prospect’s competitors • Who they are
• How they differ in their business approaches
• Prospect’s strategic position in the industry
The Prospect’s/Customer’s Organization
Part B-28
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People involved in the purchase decision • How they fit into the formal and informal organizational
structure
• Their roles in this decision
• Who is most influential
• Any influential adversaries
• Current problems the organization faces
• Stage in the buying cycle
Policies and procedures • About salespeople
• About sales visits
• About purchasing and contracts
The Prospect’s/Customer’s Organization (continued)
Part B-29
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Review what has been learned from precall information gathering
Understand what relationship the firm wished to have with the prospect
Call objectives should be developed while taking into account: • The firm’s goals
• The sales team’s goals
• The salesperson’s goals
If you don’t know where you’re going, you may wind up somewhere else
Setting Call Objectives
Part B-31
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All objectives should be: • Specific
• Realistic
• Measurable
Set objectives that require a buyer’s response SMART
• Specific
• Measurable
• Achievable
• Realistic
• Time-based
Criteria for Effective Objectives
Part B-32
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Setting More than One Call Objective
Secondary call objectives
Remaining objectives after the primary objective.
Minimum call objective
The minimum a salesperson hopes to achieve.
Primary call objective
The actual goal the salesperson hopes to achieve.
Optimistic call objective
The most optimistic outcome the salesperson thinks could occur.
Part B-33
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Keep good records
Make necessary adjustments in long-term call objectives
Prepare for the next sales call
A good primary objective for a first session is to have another chance to visit
Consider whom to call on in upcoming meetings
Setting Objectives for Several Calls
Part B-33
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What buyers look for to increase value: • On-time delivery
• To-spec quality of products
• Competitive pricing
• Proper packaging/paperwork
• Technical support service
• Quality of sales calls
• Level of technological innovation
• Good emergency response
Buyers are Setting Goals Also
Part B-34
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Making an Appointment
The right person
• Focus of receptivity
• Focus of dissatisfaction
• Focus of power
The right time
The right place
Part B-35
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Most often used to make the initial appointment
The goal is to make the appointment, not sell the product or
service
Salespeople need to anticipate objections and decide exactly how
to respond
Telephoning for Appointments
Part B-37
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Plan how to make a good impression
Plan how to further uncover the customer’s needs and strengthen
the presentation
Plan to answer anticipated questions and concerns
Practice
Seeding
Additional Planning
Part B-38
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Essential Elements of the Sales Call
Part B-39
Video
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Honesty and objectivity
Awareness of Customers needs
knowledge, expertise
Confidence and performance
Communication style
Sincerity
Building Credibility During the Call
Part B-40
Establish your credibility
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Demonstrate product expertise
Keep it simple
Be willing to say, ―I’m sorry, I was wrong on that,‖ or ―I don’t
know the answer to that, but I’ll get it to you.‖
Never use a word unless you know the exact definition
Building Credibility During the Call (continued)
Part B-41
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Build Company Image
Be a spokesperson
Promote company interests
Follow company guidelines
Observe experienced for your Company
Ask for assistance
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Video
1
3
2
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Activities 2 Role plays
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Part C Build Relationships and Sales Behaviors
HOW TO BUILDING THE RELATIONSHIPS?
Part C-42
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Identify
Contact Meet Propose
Make Sale
Stages in the personal selling process
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Stages in the personal selling process
Part C-43
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Stages and objectives of the personal selling process
Part C-43
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Steps in the Buying Process
Part C-44
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Two-Way Flow of Information
The sender
(seller) encodes
a message.
The receiver
(buyer) decodes
the message.
The sender
(buyer) who encodes a reply message.
The receiver
(seller) then decodes the buyer’s message.
Who then becomes… Who then becomes…
Part C-49
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Very First Impressions
Making first impression usually results in a prospect who is willing to listen
How you dress
How you look • Be confident
• Smile
Modify behavior based on prospect’s state
Customer’s name
Video First Impressions 1
Video First Impressions 2
Part C-50
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Developing a rapport • Should be the goal of every salesperson
• Small talk
• Office scanning
• Consider cultural and personality differences
• Share goals or agenda
When things go wrong • Maintain the proper
perspective and a sense of humor
• Apologize
• Think before you speak
Making a Good Impression (continued)
Part C-51
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After buyer’s attention, it is time to identify the buyer’s needs
Use transition sentences
Don’t be surprised if the buyer is reluctant to provide confidential information
Discovering needs is part of qualifying the prospect
Identifying the Prospect’s Needs: The Power of Asking Questions
Part C-52
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Discovering the Root Cause of the Need
Part C-53
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Asking Open and Closed Questions
Open questions require the prospect to go beyond a simple yes-or-no response
Closed questions require yes, no, or short ―fill-in-the-blank‖ type response
In most cases salespeople need to ask both open and closed questions
Summarize the prospects needs
Part C-54
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Offering Value: The Solution to the Buyer’s Needs
Relating features to benefits
• Feature: quality or characteristic of the product or service
• Benefit: the way in which a specific feature will help a
particular buyer
• FEBA (feature, evidence, benefit, agreement)
Part C-57
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Assessing Reactions
Using nonverbal cues
Verbal probing • Allows the salesperson to stop talking and encourages two-way
conversation
• Lets the salesperson see whether the buyer is listening and understanding what is being said
• May show that the prospect is uninterested
Making adjustments • Changing direction
• Collecting additional information
• Developing a new sales strategy
• Changing the style of presentation
Part C-57
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Selling to Groups
Groups behave like groups, with group standards and norms and issues of status and group leadership.
Salespeople should discover (for each prospect group member): • Member status within the group
• Authority
• Perceptions about the urgency of the problem
• Receptivity to ideas
• Knowledge of the subject matter
• Attitude toward the salesperson
• Major areas of interest and concern
• Key benefits sought
• Likely resistance and ways to handle it
Part C-58
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Selling to Groups (continued)
Salespeople should also discover the ego
involvement and issue involvement of each group
member
Develop objectives and plan
Learn the names of group members and use them
when appropriate
Listen carefully and observe
all nonverbal cues
Part C-59
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Proper attitude is shown by:
• Answering sincerely
• Welcoming objections
Salespeople must assume the attitude of helper,
counselor, and adviser.
Objections present sales opportunities
Don’t argue; listen and understand
The Goal is to Build Relationships and Sell Value
Part C-60
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Value: The Relationship Between Costs and Benefits
Part C-61
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Anticipate objections
• Prepare helpful responses
Forestall known concerns
• Raise objections before
buyers have a chance
to raise them
• Very important in
written proposals
Behaviors of Successful Salespeople
Forestall
Prevent by doing something ahead of time.
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Dealing With Tough Customers
Sellers need to maintain a
positive attitude, even with
rude, hard-to-get-along with
prospects
The buyer’s culture often
dictates their response to a
seller
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Maintain a positive attitude
Let the customer set the pace
Be assertive, not aggressive
Sell the right item in the right amounts
How to Successfully Obtain Commitment
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Most sales take several calls to complete
Leave with a clear plan for all parties
• Review what you will do next
• What the customer will do next
• When you will meet again
Follow-up promptly with a thank-you and reminder note
Bringing the Interview to a Close
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Activities 3 Behavior Change Contract Assessment And Role plays
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Part D NEGOTIATION SKILLS
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CONTENTS
• What is Negotiation?
• Features of Negotiation
• Why Negotiate ?
• Types of Negotiation
• Distributive Vs Integrative Negotiation
• Negotiation Process
• BATNA
• Bargaining Zone Model of Negotiation
• Negotiating Behavior
• Issues in Negotiation
• Third party Negotiations
• How to achieve an Effective Negotiation
• Negotiation Tips
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Where do use this skill?
• Everything is negotiated.
• Family and personal
• “ Where should we go for dinner?”
• “ Can I borrow the car?”
• Academic research
• “ Fund my project.”
• “ Publish my paper.”
• Business ventures
• “ I want a raise.”
• “ Invest in my company.”
• “ Pay me a license fee or I’ll sue you.”
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FEATURES OF NEGOTIATION
• Minimum two parties
• Predetermined goals
• Expecting an outcome
• Resolution and Consensus
• Parties willing to modify their positions
• Parties should understand the purpose of negotiation
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Why do we NEGOTIATE ?
• To reach an agreement
• To beat the opposition
• To compromise
• To settle an argument
• To make a point
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TYPES OF NEGOTIATION
• Distributive Negotiation
• Integrative Negotiation
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DISTRIBUTIVE VERSUS INTEGRATIVE NEGOTIATIONS
Characteristic Distributive Integrative
Outcome Win-lose Win-win
Motivation Individual gain Joint and individual
gain
Interests Opposed Different but not always Opposite
Relationship Short-term Longer or Short-term
Issues involved Single Multiple
Ability to make trade-offs
Not Flexible Flexible
Solution Not creative Creative
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NEGOTIATION PROCESS
PREPARATION Click here
INFORMATION SHARING Click here
BARGAINING click here
FINALIZING THE DEAL click here
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PREPARATION
1. Firstly understand what it is you want?
2. What do you think your opponent wants?
3. What would happen if you didn’t do a deal?
4. Do you know who the decision maker is? Are you negotiating with them? If not
what affect does that have?
5. Are there concessions you can build into the negotiation?
6. Know your product / service inside out? What standards are there in the market
place?
7. Know your price points?
8. What issues do you think you’ll need to overcome?
9. Prioritize!
10. Practice!
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INFORMATION SHARING
1. Company activities and market position
2. Opinion on entry points
3. What elements are clearly off the table or not up for discussion and why
4. Opponents attitude and commitment
5. Motivational factors (―I want this price because…‖)
6. Stakeholders and importantly decision makers
7. Problems, issues or risk
8. An order/structure for proceedings
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BARGAINING
• Bargaining has two basic parts
– Debating
– Proposing
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DEBATING
• To be successful in negotiation you must build relationships and trust
• You need to avoid the following-
• Point scoring – “Your company is always late with deliveries so I’m not
paying that!”
• Insults – “If you insist on that price you must be stupid”
• Provocation – “Keep talking like that and see where it gets you!”
• Threats – “You just wait until your other customers hear about this” • Instead try-
• Building a relationship – It will make your negotiation much easier
• Sticking to an agreed agenda – This will help avoid destructive
discussions.
• Share information and ask questions – What do you want – what do they
want
• Try and be positive and listen – What do they want and why – look for
areas of win/win or easy compromise.
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PROPOSING
• When proposing your offer consider
• Consider both your entry and exit – This could include all or some
of your wants, and your opponents entry and exit points
• Consider how you will phrase your proposal
• Consider what will motivate your opponent into making the deal
• Consider the likely response – Think about the “if I do that then
they will do that”
• Are there alternative proposals? – Once an initial response has
been made are you happy or do you need to offer up something
new.
• Remember the key thing is to propose – don’t argue and try and
remain realistic, and invite a response from your opponent.
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FINALIZING THE DEAL
• So when closing the deal consider
• Do you have what you want?
• Do they have what they want?
• Do you both understand the potential non deal by not closing or
reaching agreement?
• Document the agreement quickly and share it with your opponent
and get agreement on the details of the deal.
• Agree the measures that will be applied to record fulfilment of the
deal.
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BATNA
BATNA is an acronym for:
Best
Alternative
To
a
Negotiated
Agreement
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BATNA
• ―Best Alternative to a Negotiated Agreement‖
• Develop “your” BATNA
• - List your alternatives
• - Evaluate your alternatives
• - Establish your best as your BATNA
• Consider “their” BATNA
• Have a Reservation Point – the least you will accept
• List their alternatives – their BATNA
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EXAMPLE
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NEGOTIATING BEHAVIOUR
Gavin Kennedy describes 3 types of behaviour that we can display and encounter when in a negotiating situation.
RED BLUE PURPLE
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RED Behaviour
Aggressive
Intimidation
Always seeking the best for you
No concern for person you are negotiating with
Taking
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BLUE Behaviour
• Win win approach
• Cooperation
• Trusting
• Pacifying
• Relational
• Giving
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PURPLE Behaviour
• Give me some of what I want (red)
• I’ll give you some of what you want (blue)
• Deal with people as they are not how you think they are
• Good intentions
• Two way exchange
• Purple behaviour incites purple behaviour
• Tit for tat strategies
• Open
• People know where they stand
• Determination to solve problems by both sets of criteria of the merits of the case and/or the
terms of a negotiated exchange
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EFFECTIVE NEGOTIATION
• Successful relationships are built on communication and trust.
• Lack of trust leads to ―win-lose‖ or ―lose-lose‖ result.
• Negotiation is one way of creating trust – or deciding whether
trust is justified.
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SKILLS FOR EFFECTIVE NEGOTIATION
• Preparation and planning skill
• Knowledge of the subject
• Ability to think clearly under pressure
• Listening skill
• General problem-solving skills
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Activities 4 Exercises on Negotiations Process And BATNA Cycle
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Summary
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Where to Get More Information
+201111777904
http://www.linkedin.com/profile/view?id=70726460&trk=tab_pro
https://www.facebook.com/#!/profile.php?id=693695375
https://twitter.com/#!/Mo_Abdelnaby