Xcel seeks max for renewable energyXcel Energy Inc. asked state regulators Monday to raise the amount of money it collects from customers to pay for renewable energy to the full 2 percent of the monthly bill allowed by state law. (XEL) Dow climbs 270 pointsThe major Wall Street indices all closed up more than 3 percent Tuesday. Ritter offers ideas for economic recoveryMoney for roads and bridge projects, new natural gas pipelines and power transmission lines in Colorado would be the best investment to stimulate the state’s economy and create thousands of new jobs, Gov. Bill Ritter said Tuesday. SEC names Hoerl regional directorDonald Hoerl will remain regional director of the Denver office of the Securities and Exchange Commission, but lose the “acting” part of his title. Startups: 10 percent of state businessesStartups accounted for nearly 10 percent of companies in Colorado in 2005, according to a first-ever look at business dynamics by the U.S. Census Bureau. Anschutz-owned D.C. paper to close plantThe Washington Examiner, a free newspaper in the nation’s capital owned by Philip Anschutz’s Clarity Media Group, is closing its printing plant and will reduce staff by 101. State in middle for fast Internet serviceColoradans are stuck squarely in the middle for speedy Internet service, according to an article published Tuesday on PCMag.com. Local outlook good for IT, financial workersDemand is expected to be strong in the first quarter for both IT and financial workers in Denver, according to separate survey results released Tuesday by Robert Half International. Eleven named to Ritter’s small biz panelColorado Gov. Bill Ritter has appointed 11 new members to his advisory council on small business. ProLogis closes $105.8M refinancingProLogis Inc. of Denver has closed on a $105.8 million refinancing of debt with a syndicate of four banks, the company said Monday. (PLD)
negotiation by asking for the options that best meet your needs.
2. Is your aim to prevent the other party from saying "No"? False. In fact getting a "No" from the other party can be very useful because it gives you the opportunity to ask "Can you give me your reasons?". This leads to uncovering the other party's real needs and some options that will satisfy them ˇV options which you can probably supply.
3. Will a small concession relieve the pressure? False: If you make a small concession, chances are you are negotiating over options rather than needs. Additionally, the other party may think you are weakening and put more pressure on. Far better to state or restate your needs and then explore as many options as possible to satisfy them. As part of this discussion, you may come back to the offer that was just rejected, or you may find some even better options. Either way you have gained a lot more information and not weakened your position.
4. A "Win/Win" result is always possible. False: It's desirable, but not always possible. Sometimes, even the best of negotiators have to "agree to disagree". The way to improve your ratio of "Win/Wins" is to focus very clearly on your own real needs (not positions) and the needs of the other party. Searching for many different options to satisfy both party's needs generates more "Win/Win" situations.
5. Is admitting to an error or omission a sign of weakness? False: Research shows that disclosing such information demonstrates honesty. In psychological terms, it breeds what is called "reciprocity" - if you do something for me, then I'll do something for you. People are far more likely to be honest with you when you are honest with them. Pulling the wool over someone's eyes may give you a short term result at the expense of a long term relationship.
Four tips to help you negotiate successfully
1. If you want a better deal, ask for one. You'll never know unless you ask! Remember, make sure it will satisfy your needs - do not get locked into bargaining over positions.
2. Argue to learn, not to win. To meet your own needs you need to learn as much as possible about the other party and their needs. The more you learn, the better chance you have of getting a good deal.
3. Make proposals regularly during the negotiation - proposals move the negotiation forward. Use proposals such as "If you will provide . . . . then I might consider . . . ." The other party's response to these proposals will give you a lot of information to work with.
4. Ask for, and give as much information as possible. For example, questions such as "Can you explain your reasons for . . . . ?', "What are your priorities? and "What else is there that you think I should know?" are excellent ways of gathering the information you need.
Successful negotiating!
If you would like some more tips on negotiating, feel free to contact me via www.nationallearning.com.au
Article Source: http://www.articlemap.com
Bob Selden is the Managing Director of the National Learning Institute and the author of the Negotiating Advantage™, a blended learning process on negotiating. You can get more information on Bob and the Negotiating Advantage™ atwww.nationallearning.com.au/index_files/NegotiatingAdvantageProfile.htm
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