CHAPTER 6Things to Consider: Introduction: Things to Consider
In this comprehensive chapter, you embark on a journey through things to consider. This chapter explores the innovative approach of NegoEconomics, which combines economic principles with negotiation tactics for maximized value. The role of mediators and facilitators in conflict resolution is then examined, highlighting their importance in guiding toward mutually beneficial outcomes. This chapter also considers the strategic thinking and holistic view necessary to grasp “the big picture” in negotiations.
This chapter further delves into essential negotiation skills, cost-effective strategies, and methods for addressing misunderstandings. The concept of Total Cost of Ownership (TCO) is analyzed, alongside the flexible approach of contingent contracts. It also discusses the significance of post-negotiation audits for evaluating and learning from each negotiation experience.
Adding to these insights, the chapter emphasizes the critical skill of listening and compares the dynamics of face-to-face or virtual negotiations. Additionally, it examines various negotiation platforms, providing a detailed analysis of their strengths and weaknesses. This chapter thus presents a holistic view of the skills, strategies, and tools essential for successful negotiations and mediations in diverse contexts.
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