| The Business Negotiation Workout Programme (BNWP) has been specifically designed to assist individuals and organisations to prepare for and navigate through strategic and/or high value business negotiations. The BNWP draws on our considerable practical experience in consulting to commercial deals worth over $4 billion collectively. The BNWP is a systematic engagement model that harnesses both best- and leading practices within the realm of commercial negotiations. The BNWP aims to provide both teams and individuals with assistance in: -
Determining the most appropriate negotiation strategy & supporting tactics -
Identifying & prioritising all relevant issues & preparing specific deal objectives -
Deploying a due diligence framework to facilitate best practice preparation -
Persuasively communicating positions & interests -
Assigning roles & deploying effective team composition Who is the Business Negotiation Workout Programme aimed at? Why should you deploy the Business Negotiation Workout Programme? - Τo successfully establish a common vision with your negotiation counterparties ahead of the Νegotiation.
-
To deploy innovation and creativity to create alternatives for mutual gain. -
To avoid the losses associated with sub-optimal preparation. -
To accurately identify the deal objectives of all parties to the negotiation. -
To harness world leading experience in pursuit of mutually beneficial agreements. -
To deploy proven tools and techniques during engagement of the negotiation. -
To effectively manage both the Task and Relationship aspects of the negotiation. What will the Business Negotiation Workout Programme Deliver? -
A clear brief facilitating agreement of the optimal negotiation strategy. -
A flexible negotiation plan mapping out actions for all participants. -
Demand driven interventions to develop the skills of participating delegates. -
Design & implementation of a framework that can be deployed for future negotiations. Typical negotiation scenarios for the deployment of the Business Negotiation Workout Programme: -
Renegotiation of a long term existing agreement -
High stake negotiation involving new counterparties -
Complex, multi-party, long term negotiations -
Cross cultural negotiations -
Negotiating with tactical counterparties -
Negotiating customised regional Service Level Agreements across the globe How does the Programme work?   The Business Negotiation Workout Programme: Investment Cost The Programme is led only by our most experienced Senior Consultants. Below is a table detailing the pricing components of the BNWP: | Component | Unit | | Negotiation Survey | Per Negotiation | | Individual Negotiation Preference & Strategy Profiles | Per Participant | | Workshops (Facilitation/Training) | 4 - 8 Hours | | Coaching (1-on-1) | Per Hour | | Preparation/ Reporting/ Bespoke Preparation Tool Design/ Content Design | Per Hour | * Venue, travel, accommodation & materials shipment costs are for the client’s account
The chronological format of an engagement could look as follows: -
Negotiation Survey completed by stakeholders in the specific negotiation. -
Individual Negotiation Preference & Strategy Profiles completed by stakeholders in the specific negotiation. -
4 Hour commencement workshop conducted. -
Primary report to Project Sponsor prepared within 24-36 hours subsequent to the completion of the commencement workshop (typically an investment of 3 to 5 hours is required to generate the report). -
Report is reviewed by Project Sponsor & discussed with Senior Consultant. Actions for implementations are identified and agreed upon. -
One or two day interventions addressing key actions to be implemented (this includes a blend of facilitation, consultation & training). |