Effective Negotiations Part 1

Jim Schleckser is the Chief Executive Officer of The CEO Project, a business advisory group for accomplished CEOs to help them solve their most challenging issues, resolve constraints, drive growth, and improve outcomes.

With 30 years of leadership experience in business strategy, organizational development, sales, marketing, and more, Jim leads global organizations across many functional areas in both public and private environments. He specializes in solving issues that fast-growing firms experience in their business models and processes as they reach high-performance levels. Jim has appeared in The New York Times, The Huffington Post, and National Public Radio.

When negotiating a business deal, do you struggle to reach a viable solution? What are some effective strategies you can utilize to manage difficult negotiations?

According to business leader Jim Schleckser, there are two main types of negotiations. A collaborative negotiation utilizes cooperation and understanding to identify your associate's goals and generate a mutually beneficial solution. Conversely, an adversarial negotiation employs force to gain an advantage over your competitor. With this deal, it's crucial to leverage counter techniques such as mirroring and reasoning to mediate your adversary's combative tactics.

In today's episode of The Lazy CEO Podcast, Jim Schleckser talks about navigating collaborative and adversarial negotiations. He explains how to negotiate to reach common ground, how to identify and counter adversarial negotiation approaches, and how to leverage confrontational tactics to reach a solution.