Skills for CA: Negotiations for business



Quick Summary
Negotiation is a vital skill in both personal and professional life, from childhood candy bar deals to high-stakes business acquisitions. This article highlights "Never Split the Difference" by former FBI negotiator Chris Voss, which translates criminal negotiation tactics into valuable business strategies. Key takeaways include the importance of disagreeing without being disagreeable and using data-backed points while maintaining long-term relationships.

Negotiation skill is one of the most useful skill that everyone needs in personal and professional life. Imagine, when you as a kid used to negotiate for a candy or day off (new age kids negotiate for iphone) and today as an executive in boardroom negotiating for a business acquisition or negotiating for your salary with HR.

Negotiation Skills for Business: Learn from an FBI Negotiator

There is extreme of negotiations mentioned in book named "Never Split the Difference: Negotiating As If Your Life Depended On It" written by former FBI negotiator, Chris Voss. The author has shared his experiences of talking with criminals and hostage-takers to explain the techniques of negotiations which can be translated into our lives. I could relate with many points mentioned in the book with my experience of leading negotiations. My favorite pick from the book is "He who has learned to disagree without being disagreeable has discovered the valuable secret of negotiation".

 

If your job profile requires you to negotiate extensively, you should read the book to get some handy and valuable techniques (some people have posted summary and checklist based on learnings from the book on internet).

Any point supported with data and keeping long-term relationship in mind has worth to put on table using techniques suggested in books.

 

FAQ :

Negotiation skills are incredibly useful in both personal and professional life, helping individuals navigate various situations from childhood requests to complex business deals.

The book "Never Split the Difference: Negotiating As If Your Life Depended On It" by former FBI negotiator Chris Voss is highly recommended.

Chris Voss, the author, shares experiences from his time as an FBI negotiator, including talking with criminals and hostage-takers, to explain negotiation techniques.

A valuable secret of negotiation is learning to disagree without being disagreeable.

Points supported by data and those that consider long-term relationships are valuable to present during negotiations.




About the Author

CONTROLLER AND PEOPLE LEADER

My passion for Finance and Business inspired me to help people to understand finance in simplified way which is critical skill to address for their career goals and ambitions. In last 2 decades, I have got opportunity to work in almost all domains of finance function and on various cross functional goals and projects. ... Read more

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