A NEW PRESCRIPTION FOR POWER

A NEW PRESCRIPTION FOR POWER

Tara, the chief strategy officer of a software firm, was the newest member of the C-suite. Except for the CEO, the other officers had joined the executive team from the technology side in the course of acquisitions. Tara, the only MBA, had come from the business side and been recommended by the board. She was…

WHAT’S YOUR NEGOTIATION STRATEGY

WHAT’S YOUR NEGOTIATION STRATEGY

When we advise our clients on negotiations, we often ask them how they intend to formulate a negotiation strategy. Most reply that they’ll do some planning before engaging with their counterparts—for instance, by identifying each side’s best alternative to a negotiated agreement (BATNA) or by researching the other party’s key interests. But beyond that, they…