Strategic negotiations

Human Data Insight Group

Romania

Service ID:

EP181S3
Service description

Research indicates that most executives leave value unclaimed during negotiations, often without realising it and this stems from the tendency to view negotiations as mere tactical exercises focused on power and persuasion. In essence, a negotiation is fundamentally a problem that needs a collaborative solution involving two or more parties. A shift in mindset is necessary to unlock the full potential of negotiations; they should be approached with a problem-solving perspective. EIC beneficiaries will discover that to maximise value, they must move beyond simplistic tactical methods centered on power and persuasion. In reality, negotiations involve three dimensions (3D), encompassing three interconnected areas: strategic, creative, and tactical. To become effective negotiators, individuals must grasp this framework and learn to navigate these areas concurrently. Strong communication and cultural awareness are essential skills that enhance negotiation effectiveness. In the context of negotiations, the manner of communication (HOW) is just as crucial as the strategic content (WHAT). Throughout our sessions, EIC beneficiaries will learn the three essential steps of effective communication, along with strategies for building trust and managing emotions during conflicts.

Sector
Biotechnology
Health and medical care
Pharmaceuticals
Technology Readiness Level
TRL 1 – Basic principles observed
TRL 2 – Technology concept formulated
TRL 3 – Experimental proof of concept
TRL 4 – Technology validated in lab
TRL 5 – Technology validated in relevant environment
TRL 6 – Technology demonstrated in relevant environment
TRL 7 – System prototype demonstration in operational environment
TRL 8 – System complete and qualified
TRL 9 – Actual system proven in operational environment
Financial requirements

Part of cost for free, part on an equity/cost basis.