negotiation

also referred to as: negotiations

16 statements across 5 episodes · 5 bullish · 2 bearish · 6 people on the record · first statement Apr 8, 2019 by Marcel van der Hoef · across every show →

Everything said about negotiation, oldest first

Apr 8, 2019 positive
Insight
Van der Hoef: Letting counterparts speak first is crucial in negotiations
“While many of us think about a negotiation as an exchange of statements, Chris Voss explains that it's much more powerful to ask open-ended questions and let the other side go first. This allows you to gain access to the other person's mind, which is crucial i…”
Marcel van der Hoef Apr 8, 2019 ▶ 36:17 Ted Seides – Interviewing and Manager Meetings (Capital Allocators, EP.94)
Apr 8, 2019 positive
Insight
Seides: Active listening uses the exact same toolkit across all disciplines
“The discipline of listening, I have come both through the podcast and through experience to realize there is sort of a body of knowledge, just like, you know, if you take algebra, you need to learn certain principles to understand how to do algebra. Listening …”
Ted Seides Apr 8, 2019 ▶ 34:13 Ted Seides – Interviewing and Manager Meetings (Capital Allocators, EP.94)
May 18, 2020
Insight
Cain: Information advantage decisively outweighs charismatic personality in negotiation
“All these useful things that would be probably good to have in a personality for a negotiator will pale in comparison to what she has, which is so clear. Massive information advantage.”
Daylian Cain May 18, 2020 ▶ 18:04 Daylian Cain – Master Class in Negotiations (Capital Allocators, EP.138)
May 18, 2020
Insight
Cain: Negotiation decisions inherently assign an implicit price to intangible values
“And the problem with that is your decision will put a number on it. In other words, if you accept the deal, I guess it was good enough. And if you walk away, it wasn't good enough. And so your actions imply a price. On your values.”
Daylian Cain May 18, 2020 ▶ 11:30 Daylian Cain – Master Class in Negotiations (Capital Allocators, EP.138)
May 18, 2020 positive
Insight
Cain: Contingent agreements neutralize emotional disputes over differing future forecasts
“What's really great about the contingent agreement is it can cool the emotions thusly. We don't have to fight about the future. We just agree on what happens if you're right, and we agree on what happens if I'm right, and if you structure the contract sensibly…”
Daylian Cain May 18, 2020 ▶ 35:18 Daylian Cain – Master Class in Negotiations (Capital Allocators, EP.138)
May 18, 2020
Insight
Cain: Valuing intangible relationships during live negotiations causes mispricing
“You don't want to be thinking about your value of commutes or relationships while a person has his hand extended to you. That's the worst time to be putting a value on your relationships because you'll either pay too much or even worse, too little.”
Daylian Cain May 18, 2020 ▶ 11:58 Daylian Cain – Master Class in Negotiations (Capital Allocators, EP.138)
May 18, 2020 negative
Opinion
Cain: Inexperienced negotiators do not walk away enough from deals
“I see two that ironically young, inexperienced negotiators don't walk away enough.”
Daylian Cain May 18, 2020 ▶ 42:35 Daylian Cain – Master Class in Negotiations (Capital Allocators, EP.138)
May 18, 2020 negative
Insight
Cain: Focusing on money first creates zero-sum win-lose dynamics in negotiations
“What's bad about money in a negotiation, you have to deal with money. You have to talk about it. It's the thing. But what's bad about focusing on it first is it's a win-lose. What I mean is it's valuable to both of us.”
Daylian Cain May 18, 2020 ▶ 31:26 Daylian Cain – Master Class in Negotiations (Capital Allocators, EP.138)
May 18, 2020
Insight
Cain: Negotiators should propose 'deal makers' rather than threatening 'deal breakers'
“The cheesy descriptor of it is, I like to say, sell the deal makers, not the deal breakers. In other words, you don't say, give me EVP or I'm not coming, Ted. There's always some bargaining zone where there's the high ended and the low end of it. And people of…”
Daylian Cain May 18, 2020 ▶ 37:58 Daylian Cain – Master Class in Negotiations (Capital Allocators, EP.138)
May 18, 2020
Insight
Cain: Negotiators who walk away must pave a path for graceful re-entry
“So what I often say is walk away, but when you do, you have to pave a path for graceful reentry.”
Daylian Cain May 18, 2020 ▶ 46:53 Daylian Cain – Master Class in Negotiations (Capital Allocators, EP.138)
May 18, 2020
Insight
Cain: People plan assuming smooth sailing; negotiations require months of preparation
“People, when they're planning, they plan for everything to go right, and what you gotta do is kind of unpack all the ways this could go longer than you think. The last minute is many nights before, so when you prepare for your negotiation person, That's why yo…”
Daylian Cain May 18, 2020 ▶ 1:06:34 Daylian Cain – Master Class in Negotiations (Capital Allocators, EP.138)
May 30, 2022
Insight
Chris Voss: Negotiation is a perishable skill that goes dormant without practice
“There's no way around the fact that negotiations is a perishable skill. There just isn't. And anybody, if you're not working at your communication skills, you're keeping your emotional intelligence up, it goes dormant. It doesn't go away. But it does go dorman…”
Chris Voss May 30, 2022 ▶ 23:03 Chris Voss – Listening, Human Nature, and Negotiations (Capital Allocators, EP.252)
May 30, 2022
Insight
A negotiation 'no' targets either terms, price, behavior, or the person
“When you're saying no to one of four things. You're saying no to either the terms, the price, the behavior, or the person.”
Chris Voss May 30, 2022 ▶ 42:38 Chris Voss – Listening, Human Nature, and Negotiations (Capital Allocators, EP.252)
Jun 26, 2023
Insight
Breitfelder: High-stakes negotiations live or die on fine points requiring relationship goodwill
“Building strong relationships with the folks on the other side of the table. So getting to know them, breaking bread with them, building the goodwill that you knew you were going to need when it got down to the finer points that were going to be the toughest, …”
Matt Breitfelder Jun 26, 2023 ▶ 10:31 Matt Breitfelder – Optimizing Investment Performance through Human Capital (Capital Allocators, EP.323)
Jun 26, 2023 positive
Insight
Breitfelder: A strategic pause can reset stalled or heated negotiations
“When you're stuck and it's getting heated, the strategic pause is helpful. And you're actually just taking a break because it's no longer progressing. It's stuck and you got to shift the energy.”
Matt Breitfelder Jun 26, 2023 ▶ 25:09 Matt Breitfelder – Optimizing Investment Performance through Human Capital (Capital Allocators, EP.323)
Jul 1, 2024 positive
Insight
Duhigg: Prioritizing Mutual Understanding Over Selling Makes Pitches More Successful
“So I think the idea is if we go in and as our primary goal, say, I just, I really want to understand how you see the world and I want to help you understand how I see the world. And the secondary concern is persuasion. The secondary concern is winning the conv…”
Charles Duhigg Jul 1, 2024 ▶ 33:49 Charles Duhigg- Secrets of Communication (EP.394)
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