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Negotiation Genius

352 pages, 2008

Takeaways
Description

Negotiation Genius offers the mental habits and proven strategies you need to achieve outstanding results in any negotiation. Drawing on decades of behavioral research plus the experience of thousands of business clients--and written by two leaders in executive education at Harvard Business School--this book gets “down and dirty.” 

It gives you detailed strategies--including talking points--that work in the real world even when the other side is hostile, unethical, or more powerful. When you finish it, you will already have an action plan for your next negotiation. You will know what to do and why. You will also begin building your own reputation as a negotiation genius.

Understanding the Power of Preparation

In Negotiation Genius, Deepak Malhotra emphasizes the importance of preparation before entering any negotiation. He suggests researching and understanding the other party's needs, interests, and constraints. This will not only give you an upper hand but also help in finding common ground.

The Art of Framing

Malhotra introduces the concept of 'framing' in negotiations. This means presenting your proposal in a way that highlights its benefits to the other party. It's not just about what you say, but how you say it. So, take a look at how you can frame your arguments to make them more persuasive.

Emotional Intelligence in Negotiations

The book explores the role of emotional intelligence in negotiations. It's not just about being logical and rational, but also about understanding and managing your own emotions and those of the other party. This can help you build trust and rapport, making the negotiation process smoother.

The Value of Creativity

Negotiation Genius encourages readers to think outside the box. Malhotra believes that creativity can lead to breakthroughs in even the most difficult negotiations. So, don't be afraid to come up with innovative solutions and alternatives.

Learning from Mistakes

Deepak Malhotra stresses the importance of learning from past negotiations. Whether you succeeded or failed, there's always something to learn. So, don't forget to reflect on your experiences and use them to improve your future negotiations.