Overconfidence – August 2011 Master Negotiator

Overconfident negotiator leaning back in chair with feet on table - Peter barron stark companies In last’s month’s Master Negotiator, we talked about the importance of having confidence when you negotiate and, specifically, what you can to do build an even higher level of confidence. This month, we are going to explore what happens when you take one of your strengths, confidence, and turn up the volume on it to the point it becomes overconfidence and undermines your success as a negotiator. Unfortunately, there is a very fine line between the success confidence brings to the table and the fall to death that can occur when one negotiator is overconfident.

As a negotiator, when you are overconfident, the following behaviors may undermine your ability to build a relationship with your counterpart and create a win-win outcome.

  1. Overconfidence comes across as cocky and arrogant. Overconfident negotiators do not feel a need to value their counterpart’s opinion, needs and goals or take the necessary time to build a relationship where the counterpart is motivated to help create a win-win outcome. Some negotiators will actually chose a more expensive outcome from a competitor rather than have to deal with an overconfident negotiator who comes across with the same impact quill of a porcupine.

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Purposeful Questioning for Negotiating a Job Offer

Man and Woman Conducting a Job Interview - Peter Barron Stark Companies You are interviewing for a job as a sales representative for a company that makes software for lawyers. Two of your main goals are to have more flexible working hours and to be able to telecommute a couple of days a week. You might ask the following questions to fulfill various purposes.

Gain information: “What specific types of experience are you looking for in a sales representative?” (You might not want to ask “Does the position call for any specific knowledge of the law?” if you are not experienced in that area.)

Clarify or verify information: CLARIFY: “When would you need me to start?” VERIFY: “This is a full-time position, isn’t it?”

Check understanding and level of interest: “What is more important to you – that the salesperson is in the office forty hours a week, or that he increases sales?”

Determine behavioral style: “Would you like me to role-play a typical sales presentation? Or would you prefer to see statistics that show how much I increased sales for my last company?”

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