Tuesday, March 5, 2013

Negotiation - The Skills, Goals And Tools You Need To Negotiate Effectively

Negotiating skills are a nonnegotiable requirement for success, but few people understand the structures, techniques and approaches available to them in an attempt to gain successful results. Effective negotiation means more than just getting what you want. It means arriving at a solution that satisfies all parties and creates future opportunities. Fine tune your communication style. Listening is a key part of effective communication. What is and is not said is key during negotiations and in building professional relationship. Establish an assertive approach, communicate in a clear fashion, remain professional, be patient, try to avoid aggressive behaviors . Neutralize objectives presented by the counterpart and negotiate with confidence.

Being aggressive means standing up for yourself in ways that violate the rights of others.
Aggressive behavior is typically punishing, hostile, blaming, and demanding. It can involve threats, name-calling, and even actual physical contact. It can also involve sarcasm, catty comments, gossip and "slips of the tongue." Negotiation training will give you the crucial negotiation skill, strategies, tools and techniques you must have to effectively handle negotiations ranging from sales, contract, labor and business negotiations, to international negotiations involving business
and political conflict to all varieties of personal negotiations.

Negotiation Tips and Goals

Negotiation - The Skills, Goals And Tools You Need To Negotiate Effectively

1. Improve personal and professional profitability.

2. Achieve desired outcomes and create synergy while fostering relationships.

3. Maximize financial returns and value in negotiations.

4. Avoid being cheated.

5. Neutralize difficult negotiators and their tactics.

6. Enter into and conduct negotiations with confidence.

7. Know when and how to walk away from a negotiation.

8. Improve personal relationships with colleagues, clients and loved ones.

9. Build leadership and team building skills.

10. Turn cultural differences into assets rather than liabilities.

strategic thinking and planning is pivotal to your success in this business climate.

Negotiation - The Skills, Goals And Tools You Need To Negotiate Effectively
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Monday, February 25, 2013

How Much Do Wind Turbines Cost?

How much does a wind turbine cost can be answered. Wind turbines can be found to have many shapes and sizes. The cost of it can be indicated clearly as per the following paragraphs. The cost depends upon the project size, purchase agreement construction contracts, type of machines, and the projects location as well as other related factors.

How much does a wind turbine cost can be answered partially. Cost components for wind turbines which are distinct from commercial scale wind turbine as outlined above. The cost includes wind resource assessment, site analysis expenses, the freight of the turbine and its price, as well as tower, construction expenses, interconnection studies, utility system upgrades, protection, transformers, as well as metering equipment, operations, warranty, maintenance, repair, insurance, legal and consultation fees, etc.

Other factors which have an impact on your project economics are financing costs, the size of the project and applicability of taxes.

How Much Do Wind Turbines Cost?

How much does a wind turbine cost can be answered as under:

The cost of the commercial wind turbines varied from to million per MW of nameplate capacity installed. The same turbines 2 MW in size cost roughly .8 million installed capacity. These turbines undergo significant economies scale. Smaller farm or residential scale turbines cost less but they are more expensive when per kilowatt of energy producing capacity is applied on the rates.

This would indicate a 10 kilowatt machine might cost roughly around ,000. In this manner 100 kilowatts wind turbines would cost roughly ,800 to ,800 per kilowatt of capacity.

To conclude, how much does a wind turbine cost can be summarized by proper negotiation, considering engineering and other related factors and reducing over all cost incidence on the production process.

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Saturday, February 9, 2013

Conflict Negotiation Strategies

Negotiations are the key to reaching agreement in a conflict situation. Without the proper training, it can be very difficult to reach a satisfactory agreement with your counterpart in a tense negotiation setting. This is why many successful companies choose to utilize expert negotiation training seminars. Negotiation courses, tailored to your particular line of business as well as the specific types of negotiations you face in your typical business dealings, are invaluable both for gaining new skills and in helping you succeed in future deals.

Conflict arises because you and the other party in a business deal have differing opinions about what solution is the best outcome for a particular situation. It might be the wording of a contract, or the terms of a sale. No matter what the conflict might be, negotiating can be an effective means for both parties to come to an agreeable compromise.

One of the most important skills a negotiator will learn in training is formulating a clear objective of what to expect from the process of negotiating. This must be kept at the forefront for the other steps you will take in preparing for your conflict negotiation. Knowing what the objective is then allows you to consider modifications that could be made to your terms and still allow you to achieve your objective. This is invaluable in helping to provide solutions so that you and your negotiator counterpart can come to a reasonable solution. Knowing what your objective is also gives you a starting place to determine what the benchmark will be for the minimum terms acceptable for reaching an agreement on the issue.

Conflict Negotiation Strategies

Conflict negotiation training also provides the negotiator with a variety of strategies that can be used to bring the negotiations to a successful resolution. One excellent strategy is to be an effective listener. Truly hearing what the other parties in negotiations have to say will allow you to better understand what they seek as terms in the conflict. Knowing this, you can frame alternatives that you offer in such a way so that it appeals to them on as many levels as possible, and thus they will be more likely to agree to your terms. You can also gain clarity on your counterpart's positions by asking them questions. Their answers will provide useful information that can help you modify or change your positions' wording, showing them how it will be of benefit to them, while not backing down on your ultimate objectives.

You can also achieve a successful conflict negotiation by first beginning to reach an agreement on some small issues. Once you have some agreement, begin to build on this. By doing so, it may help you to achieve the ultimate resolution that you desire.

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A course in negotiation training by expert Jonathon Blocker helps to improve your business negotiation skills and provides insightful and expert knowledge of negotiations.

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Wednesday, February 6, 2013

Bachelor Degree - BA Vs. BS

There are a lot of people who wonder why some bachelor degrees, when you get them, designate you as a bachelor of arts and other bachelor degrees designate you as a bachelor of science. Well, the answer is very simple.

A Bachelor of Arts degree goes to somebody who gets a bachelor degree in any non-technical, or science related field. A Bachelor of Science degree goes to somebody who does get a degree in a science related field. The designations are set up by the colleges themselves.

So, what's the difference? Does it really matter?

Bachelor Degree - BA Vs. BS

The answer to that question may shock you. It matters very much.

The reasons will not be immediately apparent to the student, but when he or she goes into the real world to get a job, they are going to be in for a rude awakening if they're looking for a specific type of job and don't have a bachelor of science degree.

If you're scratching your head wondering why this even matters, the answer is as follows. Most Bachelor of Science programs are a little more intense than a Bachelor of Arts program. In other words, in addition to the degree having to be in a science related field, the degree itself will contain more required courses than a Bachelor of Arts degree. Of course this varies from college to college, but within each school the bachelor of science program is always more intense than the bachelor of arts program. There may be one more required course per semester, or more science courses required. The bottom line translation is, the program is harder to get through; in some cases, a lot harder.

So why does this matter? Well, there are certain jobs, such as in the fields of engineering, chemistry and physics, just to name a few, where if you look in the classified ads in your local paper, it will clearly say, "bachelor of science degree required". So if you graduated college with a bachelor of arts degree, you won't be able to apply for that job. Oh, you can still send in your resumé, but don't expect to be called in for an interview.

Now, here is where this becomes very important. There are some colleges that will allow you to get a Bachelor of Arts degree in math, which is technically one of the sciences. The program doesn't have as many requirements. So when you graduate, while you technically have a degree in one of the sciences, because of the fact that you don't have a bachelor of science degree, you will not be eligible for that particular job that says "bachelor of science degree required".

It may seem like a nit picky thing, but these companies want to know that you can get through the tougher curriculum. They want to know that you have a good chance of being able to handle the job that you're applying for. Is there a really big difference between a bachelor of arts and bachelor of science degree? In an undergraduate program, probably not too much. But in the minds of the companies, where there is so much competition for jobs, it is a big deal.

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Sunday, February 3, 2013

Salary Negotiation Tips to Bargain For Salary Increase

Do you have the feeling that your employer is continually taking advantage of you? It maybe the right time to plan for a salary negotiation if you feel that you're constantly contributing good value to your company and not getting the pay that you deserve. Effective negotiation helps to resolve situation like this and find solutions that are acceptable to both parties.

Most people are very uncomfortable discussing on the topic of salary increase. This kind of feeling is very common as we are all having fear of being rejected or worry to upset someone during the negotiation. To demand for the right salary that you deserve, you'll need to learn some negotiation fundamentals.

Asking for a salary increase has to begin with a strategic plan, and preparation is the key to be successful in any form of negotiation. You can get a pay increase even if your company is under salary freeze. Here are some effective salary negotiation tips and tactics you can use to fight your case without fear.

Salary Negotiation Tips to Bargain For Salary Increase

1) Assess the situation and know what to target for Before asking for a salary increase, you need to explore your company's policy on salary. Check out if there is any established range for your position. Find out if there are other people in your organization doing similar work, and how much they are being paid. If there is no constraint from the pay policy and you're indispensable, you should feel optimistic and confident with the salary negotiation.

You can bench mark "job search" web sites on the internet to determine how much other companies in the same industry are willing to pay for a comparable position. Different organization may use different job title for the same work. Therefore making comparison of the job scope maybe needed. Understanding the current market value for your position will determine how much you're worth. This allows you to set a figure in mind to shoot for during the salary negotiation session.

2) Be confident with the negotiation If you are a key person in your organization making good contribution, you are armed with bullets, and you can ask for more during the negotiation. Don't worry of losing the job. At the end of the negotiation session, you'll either get a salary increase or you'll figure out you're not in the right organization that can meet your salary expectation. You may want to start to explore other job opportunities.

3) What else besides monetary rewards you should negotiate The remuneration package needs to be evaluated as an overall deal. Don't leave out rewards such as share options, leave passage, pension plans, bonuses, subsidies, etc. The negotiation can be for a raise of any of these rewards. Other non monetary rewards you can demand are the medical coverage, insurance coverage, annual leave, flexible working hours and company car.

4) Draft a letter to request for a meeting on salary increase Never discuss you salary matter with the boss in an ad hoc manner such as after a meeting. If you want to get good result, write a formal letter to your boss by declaring your purpose and arrange suitable time for a discussion. If you're having difficulties to get started, you can seek professional help or refer to the proven pay raise letter examples for ideas on the appropriate format and contents.

5) Prepare a package to sell your contribution You need to package and sell your special skills, accomplishments and contributions for your job objectives, and not to forget to emphasize your special achievements.

6) Build good credibility and demonstrate your value The discussion will be very much smoother if you have built good credibility with the company. Holding the meeting at the right time, for example after delivering some good value to the company, will lower the resistance in getting approval for a salary increase. Attend the meeting with confidence and discuss the case as professional as possible. Personal needs such as "I require more money because of my eldest kid is going to college next year" should not be used as a reason to support the pay raise.

7) Ask smart questions and let the employer do the talking Ask intelligent open-ended questions and lure the employer to do the talking. Be a good listener and let the employer bring about giving you what you want. The employer always thinks that their decision is the best, and they strongly believe in it. Don't challenge their viewpoint, but make them convince your worth and get them to approve your raise.

8) Start negotiation by setting an aggressive goal One of the tactics often use in salary negotiation is to "demand for higher and compromise for lesser." Get the employer to make the first offer to you before you tell them your target. They may offer more than what you expect by surprise. If you've done your homework well on the pay range, you can set your target slightly higher then the upper range. Explain and justify why you're an outstanding employee.

9) Be prepared to move on for a better job If you can demonstrate to the employer that you are prepared to walk away should the negotiation fails, you have created tremendous power and pressure to make the employer compromises. Never show the employer that you are desperate for the job.

Conclusion The objective of a salary negotiation is to find solutions that are win-win for both parties. To ensure the negotiation is successful, you need to prepare all necessary information, learn negotiation tactics for effective bargaining and set up a face-to-face session to discuss the case professional. If you can show the employer that you are willing to move away, you will have more leverage on your bargaining. If you're not easily replaceable in your organization, you should feel confident with the negotiation. If you wish to learn more on salary negotiation tips and tactics, visit our website for more info on all aspects of career resources.

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Tuesday, January 29, 2013

10 Guidelines For Effective Negotiation Skills

Never enter into any agreement or negotiation from a point of desperation. The moment you show how desperate you are, you disarm yourself of the bargaining power. The value of the transaction will be compromised by your appetite & apparent desire. Rather stand back, gather yourself & your thoughts & reschedule the talks. Often we place a price tag on goods based on our needs. No one desires to spend more than the real value of product or service. As african businessmen, politicians and the like we have missed the power of effective negotiation hence time, value and resources have gone to waste. Where we potentially could have reaped $millions, we have settled for a few $thousands which of course could pay a few bills and get an economy going. Question stands whether we adequately calculate and plan and prepare for negotiations, deals or agreements or we see the dotted line as the partying of the red sea, an imminent breakthrough and forget the fine print. I have watched with great interest how sudden bursts of joy at the signing of mergers between companies and political parties, even churches have turned into a series of mourning experiences as the dotted and signed document is activated. Before you can have the famous handshake to signal an agreement, consider your actions closely. Decisions you make at this point have long lasting effects on where your organization will be in the next foreseeable future. Realize that those who have entrusted you with the negotiations responsibility bank on you to make decisions in the best interest of the organization.

Here are a few negotiation guidelines

• Do some research and investigations on the other party before the meeting. Check trade references and outcomes of previous agreements the other party entered into. Use your checklist of non-negotiable to determine if you should proceed with negotiations. It may not be necessary to enter into any negotiation if the other party fails the "non-negotiable" test in advance.

10 Guidelines For Effective Negotiation Skills

• Prepare questions in advance which seek to get clarity on any clauses on documents you have previously received. Get your legal representative to look into and review contracts or agreements. Preparation entails anticipating questions and answering them before you engage. It entails presenting your best case and alternatives when called for hence it is important. There is nothing wrong in preparing for a stalemate position and how to break beyond it.

• Go into major meetings with a witness(es) or people who can help with discussion. This could be your Personal Assistant or senior Manager in your team. You may need someone who can give you hints and tips. Someone whom you can use eye contact with to determine whether you should proceed or not. Sometimes when you are alone negotiating with a panel you lose on the basis of numbers as you may have 5 active brains thinking ahead of you.

• Do not rush to make the decision - Always look at the negotiating party directly in the eye and avoid being bullied into making a decision here and now. The push must never be just to ensure the agreement is signed off without the parties taking ownership of the decisions they are making. Whenever there is a rush, it must flag within you that there could be something hidden in the agreement. Take your time. You don't have to sign instantly.

• Understand the time factor - There is always a time conducive enough for negotiations to take place. You will not negotiate effectively when you are in a hurry or when there is fatigue on either side of the negotiation table. Depending on how tense the negotiations can be, it is healthy to call for a "time out" so that you regain yourself.

• Avoid emotional bargaining - Separate your own emotions from the issue being negotiated on. When you become angry or over excited you lose your composure and negotiating power.

• Avoid attacking the person but look at the matter under negotiation - There is a tendency to address personalities at the expense of the matter under discussion or negotiation. While it is important to know the kind of person you are negotiating with, the issue on hand supersedes personalities.

• Pay attention to detail - In the event that you get documents in the meeting without prior reading, it is important to read the fine print or give a specialist within your team to scrutinize while you discuss. The fine print is usually the source of all problems in any negotiation.

• Be prepared for compromise - Before you get into a negotiation process, you should know both your best case and worst case scenarios, the benefits and demerits of each case. You should obviously start the negotiation by putting on the table your best case. As you bargain, a little bit of compromise is necessary but not to go below your worst case scenario. I have heard it said that "in a negotiation, both parties must leave feeling like they won some and lost some".

• Never make your desperation apparent to the other party - It is important to do a SWOT analysis of yourself and your team that you are going with. Once you know your strengths, you will not let someone with no deep knowledge of the current issue on the table lead the discussion. Do not expose the weaknesses you may have as the other party will ride on that making your proposal futile.

"Your ability to negotiate, communicate, influence and persuade others to do things is absolutely Indispensable to everything you accomplish in life"
Brian Tracy, American self-help author

10 Guidelines For Effective Negotiation Skills
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Rabison Shumba is a young African entrepreneur who has interests in Information and Communication Technology, Agriculture and Mining. He is also a motivational speaker, trainer and author. His book, The Greatness Manual and various online articles are tools for personal and professional development. Together with 100 other Career Experts, Rabison co-authored the 101 Great Ways to Enhance your Career. Rabison has a personal vision of impacting the lives of children in marginalized communities by creating platforms for career counsel and guidance, information empowerment and capacity building through the Greatness Factory Trust, where he currently holds the position of Chairman of the Board of Trustees and Acting Executive Director. He is actively involved in the organization of career enhancement and guidance colloquiums to propel and inspire both young and mature professionals to greatness. His areas of expertise include strategy, leadership, personal and professional development. Rabison is married to Jackie, and they have two daughters. They reside in Harare, Zimbabwe. http://www.greatnessmanual.com or http://www.lulu.com/spotlight/rshumba

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Friday, January 25, 2013

Six Steps For Negotiation Preparation

The most commonly overlooked aspect of negotiation is preparation. We say things like, "We're just in the negotiation stage of the deal ..." There is no more profitable expenditure of time than the time spent preparing to negotiate. Here's your checklist:

Know what you want and don't want ... Most of us have a general idea of what we want or want to avoid in a deal. Unfortunately, general objectives tend to render general results ... leading to second guessing and dissatisfaction. Instead, write a paragraph describing in detail what you want and don't want from the transaction, then, edit this description furiously until it is laser focused and precise. When we are crystal clear on our objective(s) and rationale(s) for their acquisition, we are most likely to achieve desired results. Know what your counterpart wants and doesn't want ... Now do the same for your counterpart. Write the description of what your opposite is looking for and seeking to avoid. This exercise tends to be a real stumper ... and eventually a real eye-opener. Knowing our counterpart's goals, objectives, and sought after results helps us see commonalities that lead to creative solutions.Know what concessions you are willing to give ... What must you absolutely achieve to consummate a successful bargain? What terms, conditions, extras could you live without? Every great negotiator knows there must be give and take on both sides for agreements that make sense.Know your alternatives ... Remember when you bought your first car? Mine was a 1956 T-Bird. The ,guy I bought mine from told me, "I like you and want to sell you the car ... but there's another person coming over in 30 minutes who also wants the car." Wow, did the dynamics of the negotiation shift on the spot. Having an alternative vendor or supplier really helps your level of confidence.Know your counterpart and your subject matter ... A lot of information is available to us on personality styles, body language, and neuro-linguistic programming. Remember transactions take place between people ... and people view the same facts and appeals differently. Subject matter is simple ... Know it cold-there is no excuse for being ill informed ... and lost credibility is rarely recovered.Rehearse You know how to get to Carnegie Hall! It's the same road to negotiation success - Practice - Practice -Practice! Attend swap meets and flea markets ... They are wonderful opportunities to sharpen your skills. Remember use it or lose it! Most negotiators rarely, if ever, thoroughly prepare to negotiate. But this is the magic! Try this checklist before you negotiate ... Your returns will improve dramatically.

Bio

Six Steps For Negotiation Preparation
Six Steps For Negotiation Preparation
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As a California Criminal Trial Lawyer with 28 years of courtroom experience, JOHN PATRICK DOLAN has handled everything from traffic tickets to death penalty murder cases. Dolan is a recognized California State Bar Certified Specialist in Criminal Law and a true courtroom veteran. He is AV (highest) Martindale-Hubbell rated.

As an author, JOHN PATRICK DOLAN has written twelve, best-selling books, including his classic Negotiate like the Pros™. He is a recognized international authority on negotiation and conflict resolution. And, just to show that he does not take himself too seriously, he is also the co-author of the wildly popular Lawyer's Joke Book™.

A communications veteran, John Patrick Dolan is a radio broadcaster and television legal news analyst appearing frequently on Fox News Channel, MSNBC, and Court TV. He has also been honored by the National Speakers Association as a member of the Professional Speakers Hall of Fame.

In addition to his professional legal experience, John Patrick Dolan serves as CEO of LawTalk™ MCLE, Inc., a continuing legal education company.

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