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D. Lax, James Sebenius (1987)
The Manager as Negotiator
R. Monczka, R. Trent, R. Handfield (1997)
Purchasing and Supply Chain Management
This paper explores commercial negotiation skills in the context of the buying/selling dynamics using the writer's experience as a Lead Negotiator. Planning, conducting and analysing the outcomes of commercial negotiations are key elements of successful business. Developing the skills of commercial negotiation is a demanding, valuable and often personally challenging task. The outcomes of commercial negotiation are often difficult to assess; such as the impact on the short‐ and long‐term buyer/seller relationship and the negotiator's personal and organizational development, hence the need to identify, understand and develop commercial negotiation skills. Commercial negotiation is explored from three perspectives; process, the respective parties' objectives and bargaining. The need for planning, the foundation of any process, in a commercial negotiation is detailed. A typology of techniques of persuasion is introduced and briefly explained.
Industrial and Commercial Training – Emerald Publishing
Published: Oct 1, 2004
Keywords: Negotiating; Business planning; Skills
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