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Don’t just fight over the price. Add variables like delivery dates, quality guarantees, or future contracts to expand the "pie" before you slice it.

Don't just negotiate price. Introduce multiple issues (e.g., timing, warranties, support, payment terms) to find tradeoffs that benefit both sides.

The range where the buyer’s maximum price and the seller’s minimum price overlap.

, written by Harvard Business School professors and Max H. Bazerman , is a comprehensive guide to mastering both the strategy and psychology of negotiation.

What truly makes "Negotiation Genius" indispensable is its acknowledgment of a hard truth: . We are not emotionless robots, nor are our counterparts. The book dedicates significant space to the psychological biases that derail negotiations—from the "fixed-pie" bias (the assumption that your interests directly conflict with theirs) to overconfidence and egocentrism.

To dive deeper into these strategies, you can explore the Negotiation Genius Summary or access full framework details via academic resources like the rexresearch1 PDF . Negotiation Genius - rexresearch1

A comprehensive "preparation feature" or toolkit for a negotiation based on this methodology should include the following core analytical components: 1. BATNA (Best Alternative to a Negotiated Agreement)

Knowing a competitor's price demand is useless without knowing the business constraint driving it.

Presenting a deal as a "gain" rather than a "loss." People are naturally risk-averse when facing potential losses. 5. Handling Ugly Conflicts and Irreconcilable Differences

This is a secret weapon. If your adversary suggests a deal, you often think it is bad simply because they suggested it . Conversely, if you suggest the exact same deal , they might reject it. The book advises you to let the other side "discover" the solution or use a neutral third party to table the offer.

Never assume the person across the table sees the world the way you do. Analyze what they know that you do not, and evaluate how their internal company politics dictate their behavior. Dealing with Weak Leverage

If you are looking for the PDF as a reference, we encourage you to buy the hardcover. It is a textbook that belongs on your desk, not just a file on your hard drive. Master these principles, and you will never haggle over price again—you will architect value.

: Understand why you and the other party want certain outcomes.

Do not just ask what the other party wants; find out why they want it.

Written by Harvard Business School professors and Max Bazerman , Negotiation Genius: How to Break Deadlocks and Recapture Value at the Bargaining Table is widely considered the gold standard guide for modern negotiators. This article breaks down the core principles of the book, explaining how you can apply these genius-level strategies to your everyday business interactions. 1. The Core Mindset: What is a "Negotiation Genius"?

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