Success Advice
The Most Overlooked Soft Skill In Business
It’s a skill that can be learned, practiced, and refined over time, and it’s one of the most valuable soft skills you can acquire.
Negotiation isn’t just for boardrooms or business deals; it’s a life skill. From asking for a raise to resolving conflicts at home, to reaching agreements with friends, negotiation underpins our ability to communicate, influence, and find solutions.
As John Rampton put it, “Negotiating isn’t about getting what you want or giving in to what the other party wants. It’s not an ‘either/or situation.’ It’s about having both parties walk away satisfied.”
At its core, negotiation is about dialogue, compromise, and creating a win-win outcome. It’s a skill that can be learned, practiced, and refined over time, and it’s one of the most valuable soft skills you can acquire.
What Is Negotiation?
Negotiation is the process of bringing together individuals or groups with different interests and finding a mutually acceptable solution. It involves discussion, compromise, and sometimes creative problem-solving.
Examples are everywhere:
-
Nations resolving conflicts through peace talks.
-
Companies and unions finding middle ground during industrial disputes.
-
Parents and children negotiating expectations around responsibilities and rewards.
-
Job seekers discussing salary packages during interviews.
Simply put, negotiation happens daily in workplaces, homes, and social life; it’s woven into the fabric of human interaction.
Characteristics of Successful Negotiators
A negotiator is someone who actively engages in the process to achieve clear goals while ensuring collaboration and fairness. Effective negotiators are not born, they develop these qualities through awareness and practice:
-
Active listening and observation – They understand both words and body language.
-
Flexibility with firmness – Open to alternatives, yet strong in their stance when needed.
-
Calm under pressure – Cool, composed, and emotionally steady.
-
Strong communicators – Able to articulate ideas clearly and persuasively.
-
Trust builders – Inspire confidence and credibility.
-
Empathy and enthusiasm – Connect with others on a human level.
-
Goal-oriented – Enter negotiations with clarity on outcomes.
-
Psychologically aware – Understand human emotions and motivations.
-
Strategically prepared – Come armed with data, options, and fallback plans.
-
Tactically savvy – Know when to push, when to pause, and when to compromise.
Great negotiators also recognise the importance of a face-saving formula, allowing the other party to walk away with dignity, even in compromise.
Everyday Examples of Negotiation
Negotiation doesn’t always look formal. Consider these real-life scenarios:
-
At school: A principal asks teachers to conduct extra coaching sessions on weekends, and teachers request compensatory leave in return.
-
At home: Children ask parents for privileges, and parents set conditions based on academic performance.
-
At interviews: Candidates walk in with salary expectations, if they secure the higher end, they’ve negotiated well; if they settle too low, they may feel they’ve failed.
-
At work: A purchasing manager who negotiates better raw material prices directly increases the company’s profits.
Each of these examples shows how negotiation shapes outcomes in subtle but powerful ways.
Negotiation in the Corporate World
In business, negotiation is essential for maintaining relationships and driving growth. For example:
-
Procurement – Negotiating with suppliers to reduce input costs can dramatically impact profitability.
-
Conflict resolution – Settling disputes between employees or between management and staff ensures a healthier workplace culture.
-
Leadership – Managers and executives often negotiate responsibilities, deadlines, and resources to balance organisational goals.
Poor negotiation can lead to conflict, wasted resources, and broken relationships, while effective negotiation fosters trust, productivity, and long-term success.
Building Negotiation Skills
The good news? Negotiation is not an inborn talent, it’s a learned skill. Like other soft skills, it improves through practice, self-awareness, and training.
To strengthen your negotiation ability:
-
Prepare thoroughly – Gather facts, anticipate objections, and know your alternatives.
-
Listen more than you speak – Understand the other party’s needs before making your case.
-
Stay calm and respectful – Emotions derail progress; composure builds trust.
-
Aim for win-win outcomes – Both sides should feel they gained something valuable.
-
Reflect and improve – After each negotiation, assess what worked and what could be done differently.
Final Thoughts
Negotiation isn’t about “winning” at the expense of others; it’s about creating solutions that serve everyone’s interests. Whether you’re building a career, running a business, or strengthening relationships, negotiation is one of the most critical skills you can develop.
With consistent practice, awareness, and preparation, you’ll find that the ability to negotiate effectively can transform not only your professional success but also your personal relationships.