Learning common negotiation pitfalls now can help you avoid them in the future.
In any negotiating process, there are some major pitfalls that you want to avoid. Here are the four most common ones I’ve seen:
Not Knowing the Players or the Process
The first pitfall is not knowing the players or the process. If you don’t understand the people across the table from you, as well as what the overarching process is going to be for that negotiation, you’re going to probably give up more value than you should.Â