What is the difference between collaboration and negotiation, and can you do one without the other?

Posted on September 19, 2023

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Here is an excellent post by Richard Brattle that inspires the above question.

In an earlier article, I wrote that in the future, the best negotiators will be the best collaborators.”

  • What do you think of his points 1 through 5?*
  • Is a successful negotiation possible without collaboration in a complex acquisition?
  • Do low-dollar, high-volume transactions, e.g., MRO and ORM Indirect spend, require as much collaboration as high-dollar, low-volume Direct spend?

What are your thoughts?

Photo by Mikhail Nilov on Pexels.com

Five Points

* It is not always going to be possible to include the ultimate decision-maker in your negotiations, but here are a few useful steps you can take.

1️⃣ Start by asking upfront about your negotiation partner’s role and decision-making authority. Make sure you are dealing with the right individuals.
2️⃣ Keep your documents on lockdown with track changes. 
3️⃣ Maintain a clean, working version of your agreements. 
4️⃣ After your sessions, send out a recap that spells out what’s been agreed upon and what’s pending resolution, including owners and due dates for actions. 
5️⃣ And remember, your negotiation partner is a human too. Sometimes, they might need a little support to make things happen internally.

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Posted in: Negotiating