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A good negotiator is an excellent communicator and understands how human beings think, feel, and function. You must be able to befriend the people seated on the other side of the negotiating table. You must know when to push hard, when to accept a compromise, and when to walk away. A negotiator is in many ways an artist he needs a great amount of creativity to steer the negotiations to a successful completion. A negotiator must keep in mind the 3Fs: fair, fast, and firm.

According to the gurus there are tactics to be used for negotiating:

1. Be focused on the problem or issue. Logical arguments are the key to smooth negotiations.

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  1. 2. It is important to be firm yet polite when making a stand or presenting a point.
  2. 3. Clearly emphasize the advantages and disadvantages.
  3. 4. Be patient and let the process of negotiation take its course.

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5. Put ego aside and concentrate on the matter at hand. It is finding an amiable solution that’s important not self worth or position.

6. Never threaten or manipulate the opposite party—it is completely unethical and unfair.

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7. Aim for solutions that are interest based and not what individual desires or aims are. It is best to consider any situation as a whole rather than from a personal view point.

8. Avoid psychological traps and have the magnanimity to admit when you are wrong. Be open minded.

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