Episode Transcript
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0:01
Hey. Guys, thanks for listening to Business
0:03
English Power the show for ambitious thing
0:05
students who want to level up their
0:08
business English skills and I've got a
0:10
great episode for you today. But before
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we get into that, In
0:15
a lot of students recently been asking me
0:17
hey our what happened to episode fifty eight.
0:20
It's. Not in the listing. It's not
0:22
in the directory. And the reason behind
0:24
that is while I kind of lost
0:27
it in my files. And by
0:29
the time I found it, it was
0:31
too late to put it back into
0:33
the rotation. Onto the. Podcast.
0:35
List And so it and I
0:38
did find it and it is
0:40
one of the most powerful episode
0:42
of ever recorded and I really
0:44
feel way because it's all about
0:46
negotiations. Now. A lot
0:48
of you are in business sets of
0:51
course why we're listening to business English
0:53
Power but You're negotiations are definitely a
0:55
topic that a thing is a bit
0:57
higher level with something that a lot
1:00
of students want to know about. And
1:02
in this episode episode fifty eight I
1:04
talk about some really high level tactics
1:06
that you can use to help you
1:09
win negotiations. So. If you want
1:11
to get a hold of episode
1:13
fifty eight, head on over to
1:15
business English Power. Forward. Slash
1:17
Fifty Eight. Again,
1:19
That business English power.com/five Eight.
1:22
Just the numbers. Five Eight
1:24
and you can go and
1:27
get a hold of Episode
1:29
Fifty Eight: How To Win
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Negotiations. Business.
1:35
English Power Episode Seventy One.
1:40
Lohan Welcome to Business English Power
1:42
the show for ambitious in the
1:44
students want to level up their
1:47
business English skills become global communicators
1:49
and international business leaders. My name
1:51
is Al also known as Al
1:53
Sensei here in the online world
1:55
also during my eighteen years spent
1:58
in Japan mostly in Tokyo, teaching
2:01
at any
2:03
kind of schools, conversation schools,
2:05
we have universities, and
2:08
of course, at the companies. I'm the corporate trainer
2:10
as well for 13 years. And
2:12
so I hope to bring some of
2:15
that wisdom and experience here to you
2:17
on the podcast. Thanks for listening. And
2:19
as always, I would like to ask you to
2:22
please hit the subscribe button if you are listening
2:24
in Apple Podcasts, or hit the
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follow button if you are listening on any
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other platform like Spotify, or
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Podcast Addict, or Castbox,
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or Amazon Music, or iHeart Radio,
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or wherever you're finding business
2:38
English power, I appreciate a follow and
2:40
a subscribe. Thank you so much. So
2:43
we're going to talk about an important topic today,
2:45
which is negotiating with an
2:47
important business skill. We're going to talk
2:50
about three mistakes in
2:52
negotiating that you don't want to
2:54
make. Okay, so three things
2:56
to avoid while you're
2:59
negotiating. All right, now,
3:01
these tips come from
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a couple of the world's best
3:05
negotiators. So first, of course,
3:08
is Stephen Covey, Dr.
3:10
Stephen Covey, who wrote Seven
3:13
Habits of Highly Effective People, one
3:16
of my favorite books of all time, of course. So
3:18
if you haven't read that one, definitely give that a read.
3:21
And from another world
3:23
famous negotiator, Chris
3:26
Voss, who was the former
3:28
lead negotiator for the FBI
3:31
in the US. Okay, so
3:33
I've kind of combined some of their wisdom
3:35
and put them together to
3:37
make three mistakes in negotiating.
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All right, so let's
3:42
begin. What is the first thing? What is
3:45
the first mistake? Well, according
3:48
to Mr. Voss, one
3:51
mistake in negotiating is to
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ask a why question. Okay,
3:58
a why question. Well,
4:00
why is that? OK, so that's a
4:02
good question for this. Well, there
4:05
are basically two types
4:08
of why question. Well, not two types, two
4:10
ways of looking at a why question. The
4:13
first way is curiosity.
4:17
And the second way is blame. Now,
4:21
unfortunately, in our culture, I'll
4:23
speak about the American culture. When
4:26
someone asks a why question, it
4:30
is almost always considered to
4:32
be a blame question. Like,
4:35
oh, why did you come home so late last
4:37
night? Or why are you doing
4:39
the dishes that way? Why
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do you like this kind of
4:44
music? So often,
4:46
we kind of take that as a
4:49
blaming-type question. When,
4:52
in fact, sometimes we're just curious.
4:55
Oh, why do you like that kind of
4:57
music? Or why do you
4:59
listen to that band? Oh,
5:03
why do you do the dishes like that?
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I was really curious. So as you
5:07
can see, there are two ways to
5:10
kind of receive why questions.
5:14
But again, as we said, unfortunately, in our
5:16
culture, the default way
5:18
is more on the blame side.
5:21
And if you want to mean
5:23
a curiosity-type question, you have
5:25
to really put that before. You have to say,
5:27
well, I'm just asking out of curiosity, but why
5:30
do you blah, blah, blah? And
5:33
really, it's not efficient or effective to keep
5:35
saying that over and over. So
5:39
it's best to avoid asking
5:42
a why question, because there are ways we can
5:44
get around that. Now,
5:46
if you want to know which questions
5:48
to ask, I'm going to save that
5:50
to the end of the podcast,
5:53
or this episode. So stay tuned
5:55
to the end if you want to
5:57
know more about Dua Dao for not using why questions
5:59
or why. what should we ask? But
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that is the first mistake, because we're talking
6:04
about mistakes on this episode. So
6:07
avoid asking direct why
6:09
questions. Now,
6:11
number two, what's the second mistake
6:13
we make during negotiations? Well,
6:16
again, according to Mr. Voss, the second
6:19
mistake we make is to
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hide things and
6:23
try to hide things, try to hide key
6:27
pieces of information and
6:29
perhaps negative information or that the
6:31
other side, the other party, would
6:34
view as negative. Well,
6:36
why is that? So why
6:38
is it harmful or why
6:40
is it bad to avoid giving
6:44
this information or giving these
6:48
things that are negative aspects?
6:50
Well, in
6:53
his view, it means that
6:55
there's a bigger risk that these
6:58
things will come out eventually. So
7:01
these negative things you're trying to hide
7:04
will either come out at the
7:06
end. So right before you
7:08
are about to agree on
7:11
the terms of the negotiation or
7:15
what's worse is for it to happen
7:17
afterwards. So if they find out this
7:19
negative information after the
7:21
deal is made, well,
7:23
what's going to happen to the deal then? So
7:27
it could really backfire and ruin
7:29
the deal and have even more
7:31
negative effect. And
7:34
so that is
7:36
something to avoid when
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you're negotiating. Don't try to hide
7:41
these negative things. So
7:44
that is another key piece
7:46
of advice from Mr.
7:48
Voss. Now, this kind
7:50
of wraps up into number three, which
7:53
is a tip given by Mr. Ksavie. And
7:57
number three in terms of. mistakes
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that we make during negotiations is
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that we accept lose-win
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scenarios. Okay? We
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accept lose-win scenarios. Now,
8:13
of course, what do we want? Well,
8:15
of course, we want to go for
8:17
win-win scenarios. And
8:20
of course, that means both
8:22
sides win. Well, what happens
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is, you know, if we
8:26
feel intimidated or we feel
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a little bit nervous or
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maybe a little bit of fear,
8:32
you know, trying to get
8:34
what we want on
8:37
our side of things, well, we
8:39
might just give in thinking, okay, well, at
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least the deal is done because,
8:43
you know, we're giving up something that
8:45
we wanted. So you
8:48
know, but the deal is complete. So
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that is a win, right?
8:53
But in actuality, you sacrificed
8:55
or you gave up some
8:57
things that you wanted, which means if the other
8:59
side got what they wanted, it is
9:01
a lose-win scenario, right, because
9:03
you lost something and
9:06
you didn't truly gain what you
9:08
wanted. But you feel
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that is a win because the deal was
9:12
completed. However, if
9:14
you had gotten what you wanted, well,
9:16
and they had agreed, there
9:19
would have been a win-win scenario, much
9:21
more powerful deal. Okay?
9:23
So we want to avoid that
9:26
because, yes, it is easier, of course,
9:28
in the moment to concede, as
9:30
we say, to concede or give in
9:33
to complete the deal. But,
9:37
yes, it is much harder to
9:39
go for that win-win because
9:41
it creates more challenges
9:44
in terms of thinking, right? Because
9:47
when we go for a win-win, yes, it requires
9:49
some effort, it requires some thinking. What
9:51
are we going to do for both
9:54
sides to come out on the winning
9:56
side without necessarily giving up things
9:58
that you would have done? have
10:01
otherwise. All right. Now
10:03
another possibility that Mr. Kabi talks about
10:05
is a no-deal scenario.
10:08
So if you just can't agree,
10:11
well of course win-win is the best
10:13
but the second best is a no-deal.
10:15
So instead of
10:17
a lose-win outcome you just say
10:19
well let's
10:21
agree to disagree
10:23
agreeably. Yes, that
10:26
means a no-deal. So maybe this time we're not
10:29
going to come to a deal
10:31
but because we agreed
10:35
to disagree or come to a no-deal
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and we did that agreeably, well that leaves the
10:40
door open for the next time where
10:42
we may come together on a different deal.
10:45
Okay, so no deal is actually not
10:47
a bad outcome. It is definitely better
10:50
than a lose-win outcome. So
10:52
that is again another piece of
10:54
advice from Mr. Kabi. So
10:57
those are the three mistakes that
10:59
people make in negotiating. Now
11:01
let's recap just to make sure. Number
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one is
11:05
to ask direct why questions. The
11:08
second mistake, number two, is
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to try to hide information,
11:13
particularly negative information.
11:17
And number three is
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to accept a lose-win deal.
11:23
Okay, so those are three things to
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avoid in negotiating.
11:28
Now as I mentioned earlier, well
11:30
what are the tips then? What
11:32
can we do to
11:34
improve our negotiating skills? Well,
11:37
so I actually recorded an
11:39
episode all about this and it was
11:41
called How to Win Negotiations and
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it was going to be released as episode 58. However,
11:46
I recorded
11:49
the episode, I lost it and
11:51
finally I found it but it was too late to
11:53
put back into the feed because I had already recorded
11:55
it as 58. So in order to get
11:59
that, You can still get it. No
12:02
charge. Just go and check
12:05
out this link. It
12:07
is businessenglishpower.com.com. Again,
12:13
businessenglishpower.com.com. That'll
12:17
take you right to the page where
12:19
you can download this
12:21
episode of Business English
12:23
Power, Episode 58. Get
12:26
your hands on that. It is a
12:28
great episode. We'll talk about the other
12:30
side, not the mistakes, but how to
12:32
win negotiations. Check
12:35
that out. I look forward to seeing you over there. We're
12:38
going to wrap up this episode of Business English
12:40
Power. Thanks so much for joining me as always.
12:44
Please consider leaving a five-star review
12:46
if you felt this episode was
12:48
worthy of it. The
12:50
podcast in general is worth it. I
12:52
do think so myself, but I want to hear
12:54
from you. Also, ask me
12:57
any questions that you may have. You can
12:59
always email me, al.at.businessenglishpower.com. I'd love to hear
13:01
from you there. All
13:03
right. Until next time, we are going to sign
13:05
off, but I just want
13:07
to leave you with the message to always remember
13:09
to level up your
13:11
learning and level up your life.
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