Contract negotiations
Contract negotiations require considerable education, experience, and training. Trained negotiators have solid knowledge and skill sets that often enable them to garner a more favorable contract for their party.
In a one page paper, detail the following in relation to contract negotiation:
- Describe the knowledge and skill that are critical to the success of a contract negotiator.
- Present one strategy an effective negotiator should consider to achieve a more favorable contract (for e.g., to prepare diligently for each negotiation).
The submission must adhere to APA style guidelines as outlined in the Ashford Writing Center. You may find it useful to visit the: United States Department of Labor Statistics and the O*NET Resource Center websites, which are listed in the “Recommended Readings” section of this week.
………Answer preview……….
There are three important traits that a contract negotiator must have and in which they are critical to success. First and foremost, a negotiator must understand the field he or she is in very well. The importance of this is to be able to understand what other people are doing in order to be aware of any activity taking place within the area. Secondly, a negotiator needs to have great people skills (Garrett, 2013). The main importance of this is to satisfy different parties which are unfriendly to one another. This is because tact and sensitivity are essential when dealing with such groups of people. Lastly, the negotiator needs to have reputation of fairness because it is important. This is to mean that the negotiator should be fair when handling problems from different parties. This enhances both parties to understand that they are getting a fair deal and this is the reason why the last quality should not…………..
APA
330 words