How to Negotiate Like an Expert

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  • čas přidán 21. 08. 2023
  • How experts negotiate. A classic study on negotiation compared average negotiators with expert negotiators as they worked through labor and contract negotiations. Adam Grant describes the results in his book, Think Again. Since the world of finance is filled with negotiation, I thought these tips should be jammed into a short video.
    Link: www.asimplemodel.com/bips/bip...
    #negotiation #strategy #business #finance

Komentáře • 7

  • @jamesticknor1134
    @jamesticknor1134 Před 8 měsíci +1

    This video is 100% correct. Something else I'd like to add is to be familiar with the other side's motivations and values. For example, if they don't want to do something you want to do, sometimes it is better to figure out their motivation than argue against it. You may be able to find a solution that cures their worry, but you still get what you want.
    As far as knowing their values, I have a great example. I had just finished reading Thank You For Arguing and learned how to use your opponents values against them. My friend was a conservative who said that only states should be able to regulate guns. He was very opposed to federal regulation of guns. Instead of arguing my typical position, I said "But then all of those God fearing, red blooded American conservatives in California would be thrown to the wolves with no federal protection of their Constitutional rights."
    He agreed with me and changed his mind. I was stunned-- especially because he was generally inflexible on his positions.

  • @kimlorton3002
    @kimlorton3002 Před 11 měsíci +1

    Really like this.

  • @te9591
    @te9591 Před 10 měsíci +1

    Interesting idea on asking questions makes someone appear less assertive.

  • @MGP_2024
    @MGP_2024 Před 10 měsíci

    You dah man bud... excuse my crude package

  • @SwellOnWheels
    @SwellOnWheels Před 11 měsíci +1

    "A weak argument dilutes a strong one"? That makes no sense.
    Try: "A simple argument is stronger than a detailed one."

    • @ASimpleModel
      @ASimpleModel  Před 11 měsíci +2

      Personally a big fan of "simple" as the brand (ASM) suggests :) In support of the claim made in the video: "The more reasons we put on the table, the easier it is for people to discard the shakiest one. Once they reject one of our justifications, they can easily dismiss our entire case." And: "They lost ground not because of the strength of their most compelling point, but because of the weakness of their least compelling one." Both quotes from Adam Grant's book Think Again. Always welcome the challenge. Thanks for commenting!

    • @BallyBoy95
      @BallyBoy95 Před 9 měsíci +1

      the 'less is more' mentality.
      if you say little, but what little you have to say is profound. That'll leave a far better impression than a person who says a lot, but a good chunk of it is mumbo jumbo.