Strategic Planning And Negotiation Services
- Sales and Marketing
- Procurement, supply and management
- Mergers, acquisitions, strategic alliances
- Insurance settlements
- Industrial relations
- Collaborative Enterprise
SPANS train, lead, coach and mentor clients to achieve negotiation success.
SPANS will assist you to:
- professionally prepare, open, manage and conclude the negotiation process.
- secure valuable outcomes while preserving goodwill and long term relationships with business partners
- add business and organizational value by promoting better synergies with business partners
- capitalise upon the notion of integrated diversity to increase value from negotiated outcomes
- overcome challenges and resistance and promote co-operation
The Australian Financial Review (1 October, 2002:66) reported findings from research conducted by L21 Research and Consulting Firm that up to 80% of Business negotiations fail. The report went on to cite Jim Butler, Director of investment banking at NM Rothschild & Sons as stating that 57 to 83% of the 30,000 deals worldwide in 2001 did not succeed. Similarly, research has cited the high failure rate of strategic alliances worldwide. These figures present a sobering reminder that many organizations lose considerable value as a result of poorly prepared and managed negotiations. If your organization already falls within the above category or wishes to avoid becoming a statistic of failed Business Negotiations I recommend that you consider the Services of SPANS to improve your negotiation outcomes.
Many businesses neglect the importance that negotiations present in leveraging cost advantages and achieving better business outcomes. Instead, they apportion the lion's share of Business capital, resource and work investments to manage and improve business productivity. Often, rising Business investment costs can be tracked to savings, opportunities and advantages that have been lost through ineffective management of negotiations. For a fraction of traditional business investment costs, effectively managed negotiations offer far greater returns per investment dollar. Poorly completed negotiations on the other hand, ultimately result in wasted resources and increased costs to your business, making both yourself and your business resources work harder to make up lost ground and achieve positive results.
No one likes to place extra effort and resources into activities to make up lost ground, particularly when the exercise is avoidable. SPANS will support you to prepare, plan, model, implement and manage the negotiation process through to successful completion. To gain a better insight into whether your Business is now making up lost ground for poorly completed negotiations ask yourself if your organization:
- Entered the negotiation process under prepared?
- Did not accurately diagnose the counter party's motivation to negotiate?
- Underestimated both your own and the counter party's negotiation power?
- Could not communicate or negotiate on the same 'wavelength' as the other party
- Sacrificed more than was necessary to close the deal?
- Left too much or too many opportunities behind on the negotiating table?
- Could not engage the other party to close the deal?
- Lost or damaged long term relationships with current or potential business partners/stakeholders as a consequence of achieving short term gains?
- Found it difficult to engage, connect and work with new or diverse business and organisational partners
- The appointment of a specialist negotiator to act on behalf of the client
- Specialist negotiation coaching and planning services negotiations
- The provision of education and training in strategic negotiations
