Course Schedule

Global Business - Negotiations

The course provides a clear framework to guide global negotiators around diverse cultural boundaries in order to close deals, create value, resolve disputes, and reach lasting agreements in a constantly changing competitive context. In other words, this course will help managers and professionals acquire knowledge and develop skills that are indispensable in today's global business environment.

  • Determining the price and terms of the deal
  • Closing the deal with a key customer
  • Persuading others to work with and not against you
  • Setting or meeting budgets
  • Finalizing and managing complex contracts
  • How to work on a project with someone important to you
  • Learn how to break or avoid a serious impasse.

Global Business Negotiations

  • Negotiation architecture
  • Negotiation Infrastructure
  • Let’s go and negotiate

The role of cross cultural negotiations

  • Effect of cultural Negotiation
  • Understanding the culture
  • Protocol and deportment
  • Cultural characteristics to take into consideration
  • Traits for coping with different cultures

Selecting your negotiating style

  • Style differences among negotiators
  • Appropriate negotiation styles
  • Determine your negotiation style

Prenegotiation Planning

  • Defining the issue
  • Knowing one’s position
  • Knowing the other sides position
  • Knowing the competition
  • Knowing one’s limits
  • Developing strategies and tactics
  • Planning the negotiation meeting

Price Negotiation

  • Pricing factors
  • Aspects of international price setting
  • Planning for price negotiation
  • Into the negotiation
  • Guidelines for price negotiations

Price Business Negotiations

  • Methods of closing Negotiations
  • Choosing the right closing method
  • Time to close

Reasons for renegotiation

  • Reducing the need to renegotiate
  • Overcoming fear when renegotiating
  • Types of renegotiation
  • Approaches to renegotiating

Demystifying the secrets of power negotiation

  • Sources of power
  • Estimating negotiating power
  • Being an effective negotiator