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About the Course:
Tens of millions of dollars can be earned or lost at the negotiating table. Senior executives in every industry must have a firm grasp of cutting-edge negotiating strategies as well as the nuances of negotiating tactics. This course is replete with case studies and best practices that will provide you with practical insight for boosting returns on your transactions. This session discusses insights from fields as diverse as psychology, behavioral economics, decision theory and game theory to enhance negotiators’ skills.
Strategic negotiating issues to be covered include: - Determining when/what to negotiate
- Pre-negotiation due diligence and competitive intelligence
- Team management and use of agents
- Assessing your relative strengths and vulnerabilities versus those of your adversary
- Painting a vision of value - begin negotiations before you get to the negotiating table
- Communicating during negotiations
- Deciphering body language
- Signaling and signal jamming
- Use of electronic communication
- Sequencing of contentious issues
- Removing valuable players from opposing side
- Managing negotiating gambits
- Opening offers
- Concessions
- Counter offers
- Metric selection, nibbling, crunching, etc.
- Utilizing rhetorical tools
- Strengthening walk-away points
- Negotiating tactics to avoid
- Defense / attack spirals
- Argument dilution
- Managing frequency of counterproposals
- Deal structuring options
- Contingency contracts
- Leveraging decision rights
- Tips for defeating common negotiating tactics
- Limited authority
- Good cop/bad cop
- Exploding offers
Managing renegotiations
About the Instructor: David Wanetick is a Managing Director at IncreMental Advantage, a research boutique based in Princeton, NJ. Representatives from more than 850 Fortune 1000 companies have participated in programs produced by IncreMental Advantage. David is the author of three books that have achieved world-wide acclaim, the most recent of which is The Power of Incremental Advantage: How Incremental Improvements Produce Dramatically Disproportionate Results. He has been a guest on CNBC, Bloomberg and CNNfn and has been quoted in the Wall Street Journal, Barrons, Investor’s Business Daily, Boards & Directors, and many other newspapers, blogs and magazines throughout the United States. He speaks about issues of Leadership, Strategic Planning, Financial Modeling, Negotiations, and IP Valuation before many organizations and corporations. He has lectured all over the United States, in Canada, Singapore, Kuwait, The United Kingdom, Belgium, Germany, Malaysia, Hong Kong and Israel.
*This course is also offered on a custom basis. The content can be customized to meet your company's specific needs and can also be delivered exclusively to your employees at your offices.
For further information, please contact Neomi Barazani at 609-919-1895 ext. 100 or info@bdacademy.com.
Course Length: Approx. 3.5 hours Many BDA courses have been approved by continuing education accreditation authorities. For additional information, please contact info@bdacademy.com
Course Schedule:
New York, NY - September 8, 2010 - Location: Cooper & Dunham 30 Rockefeller Plaza New York, NY 10112-2202 Time: 8:30 AM - 12:00 PM Atlanta, GA - September 14, 2010 - Location: Woodcock Washburn LLP 1180 Peachtree Street, NE Suite 1800 Atlanta, GA 30309-3531 Time: 8:30 AM - 12:00 PM Houston, TX - September 21, 2010 - Location: Akin Gump Strauss Hauer & Feld LLP 1111 Louisiana Street 44th Floor Houston, TX 77002-5200 Time: 8:30 AM - 12:00 PM Philadelphia, PA - September 29, 2010 - Location: Akin Gump Strauss Hauer & Feld LLP Two Commerce Square 2001 Market Street Suite 4100 Philadelphia, PA 19103-7013 Time: 1:30 PM - 5:00 PM
Raleigh, NC - October 7, 2010 - Location: TBA Time: 8:30 AM - 12:00 PM London, UK - October 12, 2010 Akin Gump Strauss Hauer & Feld LLP Eighth Floor Ten Bishops Square London, E1 6EG Time: 8:30 AM - 12:00 PM
Brussels, Belgium - October 15, 2010 TBA Time: 8:30 AM - 12:00 PM Chicago, IL - October 20, 2010 - Location: Marshall, Gerstein & Borun LLP Willis Tower Suite 6300 233 S. Wacker Drive Chicago, IL 60606 Time: 8:30 AM - 12:00 PM Boston, MA - October 27, 2010 - Location: Posternak The Prudential Tower 800 Boylston Street Boston, MA 02199 Time: 8:30 AM - 12:00 PM Montreal, Canada - November 4, 2010 - Location: TBD Time: 8:30 AM - 12:00 PM Princeton, NJ - November 9, 2010 - Location: Incremental Advantage Inc. 4390 Route 1 Suite 214 Princeton, NJ 08540 Time: 8:30 AM - 12:00 PM Webinar - November 15, 2010 - Location: Central Time Time: 8:30 AM - 12:00 PM Silicon Valley, CA - November 19, 2010 - Location: TIPS Group 1000 Elwell Court, Suite 150 Palo Alto, CA 94303-4318 Time: 8:30 AM - 12:00 PM San Diego, CA - November 23, 2010 - Location: (same place as June 7) Procopio, Cory, Hargreaves & Savitch LLP 525 B Street, Suite 2200 San Diego, CA 92101 Time: 8:30 AM - 12:00 PM Vancouver, Canada - November 26, 2010 - Location: TBD Time: 8:30 AM - 12:00 PM Washington DC - December 1, 2010 - Location: Dickinson Wright International Square 1875 Eye St., N.W., Suite 1200 Washington, D.C.- 20006 Time: 8:30 AM - 12:00 PM Tel Aviv - December 28, 2010 Location: TBD Grosshendler One Azrieli Center Round Building Tel Aviv 67021 Israel Time: 8:30 AM - 12:00 PM
Webinars: This rate is for one participant. Distribution of login information is prohibited. Site licenses for up to five participants are available for $1,795. To arrange a site license, please contact Neomi Barazani at 609-919-1895 ext. 100 or info@bdacademy.com.
Seating is Limited to 25 per session Register online or by contacting Registration / Membership Coordinator, at 609-919-1895 ext. 100 or registration@bdacademy.com Requests to cancel your registration must be made in writing one month before the date of the seminar. Your refund will reflect a $95 processing fee. No refunds will be granted within one month of the course for which you are enrolled. You may send a substitute for an additional $55 processing fee
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