win-win-negotiation

Vocabulary Word

Definition

'Win-win negotiation' is a strategy where all parties involved in a transaction or negotiation come out happy because they perceive to have gained some value. It's like being at a flea market, bartering and everyone walks away satisfied with their trade.

Examples in Different Contexts

In conflict resolution, 'win-win negotiation' aims for a mutually beneficial outcome. A mediator might suggest, 'Let's aim for a win-win negotiation, where both parties' needs are met.'

Practice Scenarios

Business

Scenario:

The new supplier has given us their proposal. It's vital we engage them in a way that benefits both us and them.

Response:

Let's enter the next meeting with a win-win negotiation strategy. This way our company and the supplier both gain from the deal.

Creative

Scenario:

The author has objected to some of our editorial changes to their book. We need to discuss this sensitively in the way that respects their creativity and our quality standards.

Response:

Perhaps a win-win negotiation approach will help. We could propose certain changes while allowing the author to keep intact their creative themes.