When negotiating in high-stakes, high-risk (“extreme”) situations with suppliers, the tendency is to act quickly and forcefully. Yet acting in haste to take charge and look in control often leads to disappointing, even dangerous, results. A better approach: slow down the pace of the negotiation, understand the other side’s position, and work toward a more collaborative negotiation process.

Contributors: Vantage Partners
Categories: Tool
SRC Type: Contract Development, General Outsourcing, Outsourcing, Sourcing