REAL-WORLD INSIGHTS

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Published: Feb 05 , 2015
Author: Alan Smith

Get mad back? Not so sure. Couple of things have passed my desk this week that have prompted this blog. The first is something that happened to me on one of our Advancing Negotiation Skills courses. One of the participants was asking about how to deal with difficult people. I suspect we have all come across them in our lives be it work or personal. As usual to give myself time to ponder and consider a response, a kind of adjournment, I asked the rest of the group if they had any ideas...

Published: Nov 27 , 2014
Author: Alan Smith

It is a very simple equation to look at how margin is impacted by the price a company charges for its products. Take a very easy example of a company whose P&L sheet looks like this; Sales - 100 Materials - 60 Labour - 20 Other - 10 Profit - 10 If this company has to respond to market forces and drop its sales prices by 5% and other costs remain the same the impact on profit is a dramatic 50%....

Published: Oct 02 , 2014
Author: Alan Smith

What is the worst thing you can do when negotiating? Lots of things I guess but probably the most obvious one of all is a lack of preparation. Last year was the 30th anniversary of the bestselling book by Chris Ryan, Bravo, Two, Zero. I’ve got to be honest when it first came out I did not read it. I thought it would only be of interest to military types and frankly was a bit embarrassed to read it on the train or tube, which was my main reading time back then...

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Bad Behaviour (From The Good Guys)

I’m fascinated by how brands can make us feel. The intensity of that feeling, what drives it and how long it can last. The infamous ones in my experience include IKEA. Nothing makes my blood curdle more than the indignity of being herded around the labyrinth of their Wembley store, before you land in the cattle market of the queuing system. Great for your...

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