Transcripts


 

July 17, 2008
Dealing With Big Companies
Interview with Dr. Peter Johnston author of Negotiating With Giants


Mike Carruthers:
Sooner or later you're going to have to deal with a giant, a big company, a big agency or your employer.

Peter Johnston:
Where it will be the difference between resounding success and resounding failure for you. Whether that's trying to get into a university if you go back to school, whether it's dealing with a doctor that you have to convince to give you the care that you want.

Peter Johnston, author of the book Negotiating With Giants, says critical to all negotiations with giants is to slow down.

Stay away from the negotiation table as long as possible. You have to plan away from the table to make sure that once you get to the table you've evened the playing field somewhat. So, you need to network and infiltrate your giants so that you know more about their interests and plans.

And Peter says, in dealing with a giant, if you don't ask for it you'll never get it.

In consumer situations we see smaller players who are incredibly effective in getting what they want because they'll first ask at one level and then they will politely escalate it to another level until they get answer they want. So, the squeaky wheel approach can be effective.

And before any negotiation, Peter says, you have to understand your giant's point of view.

Finding out what your giant cares about, what it's main interests are rather than thinking just about your interests. You have to see it from their perspective.

At somethingyoushouldknow.net I'm Mike Carruthers and that's Something You Should Know.


 
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