Dealcraft: Insights from Great Negotiators

How to Think Like a Great Negotiator


Listen Later

In the final episode of Season One of Dealcraft: Insights from the World's Great Negotiators, I’ll offer you several fresh negotiation insights plus a look back over the dealmakers and diplomats from whom we've heard during these last twelve weeks. Each of these negotiators has given us a master class in one or more of the “dimensions” that make up the “3D Negotiation” framework that David Lax and I have developed over the last three decades:


  • Setup: the moves “away from the table” designed to ensure the most  promising possible situation “at the table” for realizing your target agreement;
  • Deal design: the art and science of crafting agreements that unlock value, financial and non-financial, ideally on a sustainable basis; and,
  • Tactics: the persuasive and problem solving actions you take directly with your counterpart(s) “at the table,” whether physical or virtual.


    I start this episode with insights that draw on our interviews with Colin Powell. I then loosely organize a number of actions from Season 1 into setup, deal design, and tactical groups.  Among many other brief examples, I’ll draw on John Branca’s negotiations to buy the Beatles catalog, Des Stolar's beyond-thorough preparations for Shark Tank and dealing with Mark Cuban, Steve Schwarzman's hardball negotiations in Hong Kong, and Tommy Koh's remarkable elegant balance of spontaneity, patience, and drive that led to the U.S. Singapore Free Trade Agreement. While hardly comprehensive, I hope this look back will spur useful recollections.


    Host: Jim Sebenius

    Co-Producers: Alex Green and Avery Moore Kloss

    Outreach: Podglomerate


    Materials courtesy of the Great Negotiator Award Program at the Program on Negotiation at Harvard Law School, and the American Secretaries of State Program, a joint effort of the Program on Negotiation at Harvard Law School, the Program on the Future of Diplomacy at Harvard Kennedy School, and Harvard Business School. Copyright © President and Fellows of Harvard College.

    ...more
    View all episodesView all episodes
    Download on the App Store

    Dealcraft: Insights from Great NegotiatorsBy Jim Sebenius

    • 5
    • 5
    • 5
    • 5
    • 5

    5

    20 ratings


    More shows like Dealcraft: Insights from Great Negotiators

    View all
    HBR IdeaCast by Harvard Business Review

    HBR IdeaCast

    177 Listeners

    Goldman Sachs Exchanges by Goldman Sachs

    Goldman Sachs Exchanges

    990 Listeners

    Hidden Brain by Hidden Brain, Shankar Vedantam

    Hidden Brain

    43,409 Listeners

    Odd Lots by Bloomberg

    Odd Lots

    1,775 Listeners

    Negotiate Anything by Kwame Christian Esq., M.A.

    Negotiate Anything

    675 Listeners

    Founders by David Senra

    Founders

    1,877 Listeners

    How I Built This with Guy Raz by Guy Raz | Wondery

    How I Built This with Guy Raz

    30,217 Listeners

    The Daily by The New York Times

    The Daily

    111,562 Listeners

    Dry Powder: The Private Equity Podcast by Hugh MacArthur, Bain & Company

    Dry Powder: The Private Equity Podcast

    144 Listeners

    Cautionary Tales with Tim Harford by Pushkin Industries

    Cautionary Tales with Tim Harford

    5,115 Listeners

    Yet Another Value Podcast by Andrew Walker

    Yet Another Value Podcast

    107 Listeners

    The Rest Is History by Goalhanger

    The Rest Is History

    12,854 Listeners

    The Rest Is Politics by Goalhanger

    The Rest Is Politics

    3,271 Listeners

    Zero: The Climate Race by Bloomberg

    Zero: The Climate Race

    198 Listeners

    Bloomberg Talks by Bloomberg

    Bloomberg Talks

    17 Listeners