Negotiation is the ability to use the power of bargaining to achieve results that is a win-win for both parties. It is a voluntary effort by the use of direct discussion to varying opinions, interests and goals without conflict.
Negotiation Skills is an important competency that all leaders should work on a regular basis.When doing business, there is always an element of negotiation with customers, vendors, partners, bosses, and employees. It is done whether you are the buyer or seller of an idea or product, during hallway discussions, at a project review with some people on each side.