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Pitfalls for Women to Avoid:
Common Negotiation Mistakes Faced by Women

So-called "luck" does not discriminate. It does not judge based on gender, race or creed. "Luck" is, in many ways influenced by preparation and practice, not by nebulous factors outside of our control. Those who fail to prepare or don't maintain their skills often like to point to their failures as "bad luck" while those who prepare and keep their skills sharp like to say they have "good luck". Let's face it - many of these factors are under our own control. We all make mistakes and we all act or fail to act based on our thoughts, upbringing and experience. Women admittedly face more obstacles than men in the business world. What women do to deal with and overcome these obstacles will determine the type of "luck" they face throughout their career.

One area that is often pointed out by women as being particularly unpleasant is the act of negotiating. In general, men are more like to enjoy or tolerate negotiations than women. Why? Since we are all wired differently, there are a variety of factors. Some may state that women, at times, are less aggressive than men and are uncomfortable deal with the sometimes aggressive nature of a negotiation. Others point out that women have a tendency to avoid conflict and therefore do not like some of the inherent conflict found during a negotiation. For the purpose of what we want to do, the reasons are not relevant. We understand people have different reasons for feeling uncomfortable. What we want to do is show women how to avoid the most common negotiation mistakes faced by women so that they can increase their comfort level and improve their chances of success at the negotiating table.

Here are three common negotiating mistakes and some tips on how you can deal with them in the business world:

* Number One: Failing to Recognize Negotiation Opportunities - Prices, requests, terms, requirements and conditions are not always what they seem. It is important to consistently question whether certain items are negotiable or not. For example, many companies utilize boilerplate agreements that cover terms and conditions applicable to sales, partnerships, licensing agreements and the like. Often, corporate legal departments view these agreements as starting points and realize that most parties will want to negotiate terms. Certain items may be non-negotiable and simply not open for discussion will others will have room to move. What is important is knowing that many situations are negotiable. We encourage people to ask questions. Why is this term this way? Would you be able to flex on this? If I could do this, could you do that? It takes practice to spot opportunities for negotiation. Fortunately, once identified, women can use their innate abilities to build relationships to work around negotiable situations to find a solution that works for all parties.

* Number Two: Not Being Able to Say No - This is more common than many realize. Many of us find this trait both inside and outside the business world. So as to not offend a person or ruffle one's feathers, many women are afraid of putting down their foot and simply stating no. Since relationships are often so important to women, they feel that by caving in or acquiescing, they are protecting the relationship. While this may sometimes be the case, the most common result is that they will end up with a less favorable outcome than they could. If a deal is not as good as it could be or is not fair, you should be willing to point this out to the other party. This can be done in a professional and polite manner that protects a relationship. Ultimately, you don't want to accept a deal that is not in your best interest. When an offer is unfair or not worth pursuing, you should be willing to walk away from the negotiating table.

* Number Three: Failing to Act Naturally - Some people are so intimidated by negotiations that they end up putting on a façade or a persona to try to deal with anxiety and stress. This is never a good idea. Let your own personality and character traits shine through. Avoid acting in a manner that is inconsistent with your true character. Some women act too aggressively thinking that being hard-nosed and firm at the table are what people expect when negotiating. Not so. People expect people to be themselves. Utilize your natural negotiating style. If you're a "charger", be aware of the pros and cons of your negotiating style and understand how to flex accordingly so that your interactions with others are positive, even when the heat of a negotiation starts to rise.

 
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