How to Get a Win-Win Outcome in Negotiations
Last year I had the opportunity to participate in a panel discussion at the WIN Summit, a women's leadership conference that focuses on negotiation skills. We covered a lot of ground during the session, but one thing that really stood out to me was the importance of empathy in achieving a win-win outcome. After the event, I received feedback from several women who were deeply impacted by this message.
During the panel, I shared a personal experience about how I wrote my first book, The Myth of the Nice Girl, which involved interviewing several negotiation experts and researching extensively on the topic. Through this process, I discovered a common theme: to reach a mutually beneficial outcome, both parties must truly understand and appreciate what's important to the other. This requires practicing genuine empathy.
One way I've found to demonstrate empathy during a negotiation is to begin by asking the other party what they hope to gain from the partnership. Showing a genuine interest in their priorities and values, instead of just focusing on your own goals, can establish a foundation of trust and pave the way for a more authentic and meaningful relationship.
If you're interested in learning more about negotiation techniques, I highly recommend checking out the blog at winsummit.com. They cover a wide range of topics, from negotiating a 4-day work week to the role of gratitude in successful negotiations. It's a fantastic resource! Check it out here.
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