Salary Negotiation – How Can You Prepare for It
February 12, 2025
Power has been an important aspect of human civilization since time immemorial. Power might be physical, political or social. In the context of business as well, power dynamics tend to influence decisions and people transactions heavily. So defining power can be difficult as it is understood and interpreted in several ways however power can definitely […]
Any decisions taken at any level have to take into account the conflicting needs of the individuals who are affected by the decisions and hence conflict resolution is a part of the decision making process. How well the conflicts are resolved depends on the skill and leadership traits of the decision maker. After all, any […]
In the contemporary business world, many companies have layers and layers of hierarchy where decisions are made at the top and passed down to the rank and file employees. This gives rise to organizational structures that are vertically deep and horizontally broad with spans of control extending to several layers in both ways. It is […]
Internal Controls and the NGO Sector In previous articles, we discussed the proliferation of the NGOs or the Non Governmental Organizations in contemporary times and how not all of them are above board in their funding and internal processes. Of particular note are the fact that there is a lot of foreign money flowing into […]
The CAS committee on Enterprise risk management has given the following definition of the same – ‘The discipline by which any organization in any industry assesses, controls, exploits, finances and monitors risk from all the sources for the purpose of increasing organizations short-term and long-term value to its stakeholders’. In simpler terms enterprise risk management […]
A discussion among individuals to reach to an alternative which involves the interest of all the participants is termed as negotiation. An individual must try his level best to negotiate with each other and reach to a common conclusion to avoid conflicts and misunderstandings. In a win win negotiation both the two parties are benefited and both of them get whatever they expect.
One needs to prepare well for a win win negotiation:
If you want to purchase a laptop and you have decided to ask for a discount but you realize that the shopkeeper is a little reluctant to offer the discount, don’t start fighting with him. Don’t be adamant. You can always ask for a laptop bag or probably some accessories. Learn to be a little tactful and intelligent
Your email address will not be published. Required fields are marked *