The_Negotiation_Society_Magazine_Issue_11
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I S S U E <strong>11</strong><br />
<strong>The</strong> <strong>Negotiation</strong> <strong>Society</strong><br />
BRINGING THE ART AND SCIENCE OF NEGOTIATION TO LIFE<br />
FOLLOW THE<br />
LEADERS<br />
What makes a modern leader tick?
INSIDE THIS ISSUE<br />
06<br />
12<br />
Follow the<br />
leaders<br />
Six inspirational leaders<br />
share their stories.<br />
<strong>Negotiation</strong><br />
consulting<br />
Demystifying a<br />
powerful support for<br />
commercial teams.<br />
WELCOME FROM GRAHAM<br />
20 24<br />
<strong>The</strong> blossoming<br />
of Anu<br />
A tale of growth inside<br />
and outside of work.<br />
28 30<br />
<strong>The</strong> future of<br />
procurement<br />
Introducing Enhance,<br />
a game-changing<br />
negotiation toolkit.<br />
How to make<br />
brands<br />
<strong>The</strong> creator revolution<br />
transforming brands<br />
and businesses.<br />
<strong>The</strong><br />
generation gap<br />
<strong>The</strong> imminent takeover<br />
by next-gen leaders.<br />
In today’s world, the need for strong leadership is<br />
critical. This edition of <strong>The</strong> <strong>Negotiation</strong> <strong>Society</strong><br />
magazine takes a deep look at leadership and influence.<br />
We explore perspectives from inspirational leaders.<br />
PepsiCo’s Brian Ripley describes the importance of<br />
tone and role modeling, while Jane Shepherdson,<br />
former CEO of Whistles, shares her leadership<br />
thoughts with a fashion filter – no industry is having<br />
to reinvent itself more.<br />
Anna Winters and Lucia Roccatagliata demystify<br />
negotiation consulting. Emily Chee investigates how<br />
social media influencers are building brands. Jordan<br />
Steinohrt predicts the leadership trends we’ll see as<br />
Boomers exit stage left and Gen Z’ers take up the<br />
mantle. And Kelly Harborne reports on our research<br />
into the biggest commercial trends of the moment<br />
and how negotiation is integral to navigating these.<br />
I’ll finish with my thought for this edition. Nearly<br />
every leader I talk to is describing unprecedented levels<br />
of ambiguity and uncertainty. Never has it been more<br />
important for today’s leader to question prolifically,<br />
listen and analyze to understand their business<br />
context; be decisive around direction; communicate<br />
that direction clearly and simply to their team;<br />
and drive consistency of execution through<br />
measurable accountability.<br />
If you don’t have those four things in play today,<br />
you’re missing a big opportunity!<br />
Graham Botwright<br />
CEO, <strong>The</strong> Gap Partnership<br />
SUBSCRIBE TO OUR<br />
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digital edition of <strong>The</strong> <strong>Negotiation</strong> <strong>Society</strong> magazine.<br />
2
THE NEGOTIATION SOCIETY<br />
OUR CONTRIBUTORS<br />
Brian Ripley<br />
As Vice President at PepsiCo,<br />
Brian is responsible for leading<br />
the business development<br />
organization in the U.S. An<br />
executive with a passion for<br />
negotiation, people development,<br />
and innovative ideas, he has over<br />
23 years of sales leadership<br />
experience. Brian holds a Bachelor’s<br />
from Ithaca College and an MBA<br />
from Canisius College.<br />
Emily Chee<br />
Emily is regional marketing<br />
manager at <strong>The</strong> Gap<br />
Partnership, spearheading the<br />
marketing mix in the EMEA<br />
region. With eight years<br />
of experience in consumer<br />
products, she is a seasoned<br />
marketer with a strong passion<br />
in building brands. Emily holds<br />
a degree in economics from the<br />
University of Pittsburgh.<br />
Terence Ong<br />
Terence is a successful FMCG<br />
professional with extensive<br />
experience in marketing and sales.<br />
As Managing Director of Pernod<br />
Ricard Taiwan, he drives profitable<br />
growth through innovation<br />
and team development, while<br />
prioritizing excellent customer<br />
experiences. Terence is also an<br />
expert in commercial negotiations<br />
and has a strong business acumen.<br />
Alexander Kröller<br />
Alex is torn between passions:<br />
helping learners to reach their<br />
potential in his career as scientist<br />
and Computer Science professor,<br />
and later innovating technology<br />
for TomTom. Today he innovates<br />
for <strong>The</strong> Gap Partnership, looking<br />
for novel ways to improve client<br />
negotiations. Alex holds a Ph. D.,<br />
in Mathematics and an EMBA.<br />
Andri Neocleous<br />
Andri leads the “Ready to Drink”<br />
category at Huel, a company<br />
focused on providing nutritionally<br />
convenient food, and has<br />
successfully executed numerous<br />
product launches within the<br />
category. Andri holds a degree in<br />
Nutrition and Food Science from<br />
the University of Leeds and is<br />
also a Registered Associate<br />
Nutritionist (ANutr).<br />
Carl Marr III<br />
Carl joined <strong>The</strong> Gap Partnership in<br />
2021 as a <strong>Negotiation</strong> Consultant<br />
in the U.S., specializing in<br />
maximizing client profitability. Carl<br />
takes great pride in developing skills<br />
and capability, while supporting<br />
people to become more effective<br />
and successful negotiators. He is<br />
passionate about taking people<br />
on the negotiation journey!<br />
3
INSIDE<br />
MY HEAD<br />
NICKY SPARSHOTT<br />
GLOBAL CHIEF OF TRANSFORMATION AND FORMER CEO OF UNILEVER<br />
ANZ, TALKS CANDIDLY ABOUT LEADERSHIP, NEGOTIATION LEARNINGS,<br />
AND THE POWER OF DREAMING BIG, AIMING HIGH AND BEING YOURSELF.<br />
How did you make it to where<br />
you are today?<br />
An openness to new opportunities<br />
and embracing the fear of a challenge<br />
with the support of people I love when<br />
things aren’t going to plan. Above all,<br />
holding things lightly but embracing<br />
the moment passionately.<br />
What’s the best thing about your role?<br />
Partnering with people from all walks<br />
of life, with different perspectives and<br />
super-powers, to bring a vision to life<br />
and move from intent to impact.<br />
What makes a good leader?<br />
Leadership is about impact, not about<br />
title. It’s about inspiring a vision,<br />
galvanizing followership, and obsessing<br />
about doing what you say you will. I<br />
think a combination of excellence and<br />
humility, matched with a healthy dose<br />
of humanity and fun, go a long way to<br />
making extraordinary things happen!<br />
Is negotiation important in<br />
your career?<br />
<strong>Negotiation</strong> is about finding that sweet<br />
spot where everyone finds value in the<br />
outcome. Finding mutually beneficial<br />
outcomes is what makes the world<br />
go around, in business, in families,<br />
in friendships and in love.<br />
Any negotiation disasters<br />
along the way?<br />
I had a situation where we were<br />
negotiating with a team who were<br />
based overseas. When we finally met<br />
face-to-face, they kept defaulting and<br />
directing the conversation to the men<br />
in the room, our CFO and COO, and<br />
asking me to literally ‘pour more tea’!<br />
I tried to park it for a bit, bigger<br />
prize and all that, but as the meeting<br />
progressed I realized that I didn’t want<br />
to work with people with such archaic<br />
values around the role of women in<br />
business. So midway through the<br />
negotiation, I pulled stumps and<br />
we left. We probably missed out on<br />
a good business opportunity but it<br />
would have been a terrible partnership,<br />
so I’ve no regrets.<br />
How about when you negotiate<br />
outside of work?<br />
Collaboration is way more effective<br />
than compromise. It may take a little<br />
longer but the payoff is more satisfying<br />
and enduring for all involved. Oh, and<br />
kids are ready born negotiators!<br />
Listen now on our podcast<br />
To hear from more inspirational leaders like<br />
Nicky, search <strong>The</strong> <strong>Negotiation</strong> <strong>Society</strong> on<br />
your favorite podcast platform, or access<br />
via www.thenegotiationsociety.com<br />
What are the most important<br />
lessons you’ve learned as a leader<br />
and negotiator?<br />
Be bold, be fair, be clear, be open,<br />
be generous, be human.<br />
What advice would you give to other<br />
people with similar aspirations?<br />
Don’t be afraid to dream big, work hard,<br />
give generously and ask for help when<br />
you need it. Above all, bring your own<br />
personality and imprint to what you do.<br />
<strong>The</strong>re will be plenty of people who will<br />
tell you what you should or should not<br />
do and what has and what hasn’t been<br />
done before. But only you know what<br />
is possible when you are in the driving<br />
seat. Back yourself. TNS<br />
4
THE NEGOTIATION SOCIETY<br />
I, NEGOTIATOR<br />
W<br />
hen OpenAI made ChatGPT publicly<br />
available in November 2022, it heralded a new<br />
era of artificial intelligence. It could produce<br />
work previously assumed required a human<br />
mind. Within weeks of ChatGPTs launch, millions had<br />
signed up and LinkedIn filled up with examples, user guides,<br />
and warnings against believing large language models have<br />
any notion of factual correctness.<br />
Today there is an abundance of easy-to-use AI<br />
companions for all kinds of creative tasks, delivering text,<br />
audio, video, presentations, and conversation. It might feel as<br />
if you are becoming redundant. But your job is safe for now.<br />
As Bill Gates pointed<br />
out, “People often<br />
overestimate what will<br />
happen in the next two<br />
years and underestimate<br />
what will happen in ten.”<br />
<strong>The</strong>se AI tools did not<br />
appear out of nowhere.<br />
Although they mark the<br />
first generation to attract<br />
universal attention, they<br />
are the result of 60 years of research and development, and<br />
ten years of exponential growth after seminal breakthroughs<br />
in deep learning.<br />
<strong>The</strong>se off-the-shelf solutions are just a preview of more<br />
advanced tools to follow, including customized AIs. Already<br />
today, lower-quality models can be built for under $10,000.<br />
That generation of AI does have the potential to disrupt<br />
jobs for knowledge workers, with consequences for people,<br />
processes, and whole organizations.<br />
So, what should you do? Embrace it! Preparation is 90%<br />
of negotiation, and AI tools offer great support in this crucial<br />
phase. Use off-the-shelf generative AIs to brainstorm your<br />
strategy and provide it with details about your counterparty.<br />
Ask it questions. What unexpected variables might they<br />
introduce? How could they derail the negotiations? What<br />
motives and drivers could they have? What is a typical, or<br />
What do the remarkable recent advances<br />
in generative AI mean for negotiators now,<br />
and in the future? Alex Kröller reports.<br />
atypical, way negotiations could play out in this situation?<br />
What unusual concessions could you trade-in for what you<br />
really need? Even if the results don’t surprise you, you can<br />
check in milliseconds whether you have omitted anything.<br />
Custom AIs can predict outcomes, analyze trades, or<br />
estimate if the other party’s cost model and breakpoints<br />
already exist. You might, unknowingly, already negotiate<br />
against an AI. But no tools exist to analyze experiences and<br />
data points you only keep in your head. When AI negotiation<br />
tools hit the market, you will be asked, “Where is your data<br />
stored?” and, “How long a history have you retained?”. Data<br />
scientist Clive Humby’s statement, “Data is the new oil” was<br />
never more accurate than<br />
today. Now is the time<br />
to establish processes<br />
“ Preparation is ninety percent of<br />
negotiation and AI tools offer great<br />
support in this crucial phase.<br />
to remember negotiation<br />
strategies, variables, offers,<br />
and counteroffers in<br />
computer-usable formats.<br />
For negotiating<br />
organizations, invest in<br />
a data and AI strategy<br />
now, as this is the eve of<br />
the next wave of smart, specialized AI tools for negotiations.<br />
Your strategy should include training negotiators in new<br />
tools and ways of working. Find those eager to employ<br />
technology and develop them. Be proactive about data<br />
literacy and tool usage, even when internal business cases<br />
are a bit vague. Just as with the digital revolution, there will<br />
come a point where employing AI in negotiation becomes<br />
the norm, and organizations will split into those with the<br />
capability, and those playing catchup.<br />
Is the outlook bleak? No, not at all. <strong>Negotiation</strong>s will<br />
still happen between businesses, and great negotiators<br />
will still minimize money left on the table. Only their tools<br />
will change. In the meantime, use AI to make your work<br />
life a little easier. Let it write that offer for you and prepare<br />
that negotiation strategy. And get ready to ride this wave<br />
to higher productivity and smarter tools. TNS<br />
5
Follow<br />
the leaders<br />
Leadership is a well-worn concept of the modern<br />
commercial times in which we live. Anyone with<br />
aspirations to rise through the corporate ranks can<br />
browse shelves full of books by self-help authors and<br />
modern-day gurus offering advice on what it means and what<br />
it takes to lead effectively. If some of these books were to be<br />
believed, there is a one-size-fits-all recipe for great leadership<br />
– although of course this recipe varies between writers. But<br />
as with most things, the truth is not this straightforward,<br />
nor this definitive. A bit like good negotiation, effective<br />
leadership can assume multiple forms, approaches,<br />
personalities, and styles.<br />
At <strong>The</strong> Gap Partnership, we partner with some of the<br />
most effective and forward facing leaders working today.<br />
We decided to ask a selection of them for their take on<br />
leadership and what it means to them.<br />
We have been fascinated and inspired by what they have<br />
told us. While there are, naturally, variations between the<br />
stories they have told us, there are also commonalities. <strong>The</strong>se<br />
are also traits which are present in every great negotiator:<br />
focus, a keen work ethic, a willingness to try and also fail,<br />
and above all a profound sense that they are only as good<br />
as their teams around them.<br />
6
THE NEGOTIATION SOCIETY<br />
Brian<br />
Ripley<br />
Vice President, Head of<br />
Business Development,<br />
PepsiCo<br />
"I value openness<br />
and share my own<br />
mistakes to help<br />
build trust."<br />
I have always had a passion<br />
for helping others. On a<br />
professional level, that led me<br />
to adopt a servant leadership<br />
style. My earliest experience<br />
with leadership: a program called<br />
“Athletes in service to America”<br />
which paired former college<br />
athletes with underprivileged<br />
youth for mentorship, played a<br />
big role in how I learned to lead.<br />
Years later, I’ve evolved my<br />
passion for helping people to<br />
providing direction and strategy<br />
that supports colleagues as<br />
they strive for personal and<br />
professional goals. As a leader,<br />
I value openness and share my<br />
own mistakes to help build trust.<br />
Ultimately, I want to encourage,<br />
enthuse, and develop, while rolling<br />
my sleeves up to lead by example.<br />
I also think there’s a better way to<br />
do almost everything, and I enjoy<br />
inventing new and impactful ways<br />
of accomplishing tasks.<br />
My philosophy on leadership<br />
can be distilled into a five-point<br />
checklist that I hold myself<br />
accountable for. Great leaders<br />
encourage debate and view<br />
disagreement as healthy, as it<br />
leads to the best solution. <strong>The</strong>y<br />
listen and absorb information<br />
before forming a perspective.<br />
<strong>The</strong>y understand that each<br />
employee is different and flex<br />
their style to inspire the best in<br />
their people. <strong>The</strong>y hire people<br />
smarter than them and build a<br />
bench of successors. And finally,<br />
they proactively seek feedback<br />
on themselves, their team, and<br />
their organization.<br />
7
Kate<br />
Kasch<br />
Vice President of Sales,<br />
GoodPop<br />
"My success isn’t down<br />
to muting or taming<br />
my personality."<br />
At the start of my career I got a<br />
lot of feedback about how to fit in<br />
better. I was colorful, loud, made<br />
some pretty awkward jokes, and<br />
even called my first boss ‘dude’!<br />
While I had some maturing<br />
to do, my success isn’t down to<br />
muting or taming my personality.<br />
Instead it’s come from bringing<br />
my personality to work and<br />
opening myself up to my peers,<br />
teams, leaders, and customers –<br />
letting them see the real me.<br />
In a stressful business<br />
environment, we can only<br />
accomplish our goals by trusting<br />
each other. I trust my team and<br />
they trust me. Trust is about<br />
authenticity and honesty. I can’t<br />
put on a face or pretend to be<br />
better or smarter than I am.<br />
When required, I can be formal,<br />
polished or even tough, and when<br />
appropriate I am insecure, casual,<br />
and vulnerable, showing the<br />
‘real’ me that’s honest about my<br />
mistakes, and that still has lots to<br />
learn. When I do this, my team<br />
know they can be themselves too:<br />
confident, nervous, emotional,<br />
tough, insecure, or funny. <strong>The</strong>ir<br />
effort goes into work, not into<br />
being a better ‘fit’.<br />
When we know and trust each<br />
other, we can generate amazing<br />
results, and still have energy left<br />
for a good laugh.<br />
8
THE NEGOTIATION SOCIETY<br />
Terence Ong<br />
Managing Director,<br />
Pernod Ricard Taiwan<br />
"Through negotiation, I have<br />
honed my leadership skills and<br />
negotiated my way to the top."<br />
My leadership journey began at Seagram Malaysia,<br />
where I started my career in the marketing team.<br />
Over time, I rose through the ranks and held several<br />
directorial positions at Pernod Ricard in Malaysia and<br />
China, including marketing director, brand director, and<br />
sales and marketing director. <strong>The</strong>se experiences paved<br />
the way for my appointment as managing director of<br />
Pernod Ricard Malaysia and, later, Taiwan in 2016.<br />
Throughout my leadership journey, negotiation<br />
has been a crucial aspect that has taught me the<br />
importance of planning and understanding what I want<br />
to achieve. As a marketing rookie, I recognized the<br />
need to plan my career path and acquire the necessary<br />
negotiation skills to succeed. I took proactive steps such<br />
as requesting the marketing director job description<br />
from HR, analyzing it thoroughly, identifying my skill<br />
gaps, and establishing milestones to achieve my longterm<br />
career goal. Through negotiation, I have honed my<br />
leadership skills and negotiated my way to the top. <strong>The</strong>se<br />
actions indicate my inherent desire to become a leader.<br />
I encourage everyone to start developing their<br />
negotiation capabilities as leadership abilities are<br />
developed and nurtured over time. Many individuals<br />
overlook the significance of negotiation, limiting their<br />
opportunities for career advancement.<br />
John Higgs<br />
Partner SaaS Sales,<br />
<strong>The</strong> Gap Partnership<br />
"I took my first leadership<br />
role as an infantry officer<br />
leading 30 soldiers."<br />
After university I attended<br />
<strong>The</strong> Royal Military Academy<br />
Sandhurst, and upon graduation<br />
I took my first leadership role<br />
as an infantry officer leading<br />
30 soldiers on operations. <strong>The</strong><br />
motto of the academy is “Serve to<br />
Lead”, and my interpretation of<br />
this, which has been a reference<br />
point throughout my career, is<br />
that leadership is a privilege, and<br />
the responsibility of a leader is<br />
to nurture and support others<br />
in pursuit of a common goal.<br />
Another key lesson from the<br />
military that has helped me lead<br />
through times of uncertainty is<br />
the concept of mission command:<br />
articulating your goals with clarity<br />
and simplicity, communicating<br />
these effectively through all<br />
levels of an organization, and<br />
empowering people to make<br />
decisions independently and<br />
with confidence in line with<br />
the mission.<br />
<strong>The</strong> benefit of having a<br />
demanding leadership role at<br />
a young age is that I learnt very<br />
quickly that while leaders cannot<br />
and should not be expected to<br />
have all the answers, they must be<br />
prepared to be accountable for the<br />
decisions they make. My advice to<br />
any aspiring leader is to be curious,<br />
seek support from those around<br />
you and don’t be afraid to say you<br />
don’t know. If you are focused on<br />
serving to lead and have clarity on<br />
your mission, you will find support<br />
from those around you, even when<br />
you get it wrong.<br />
9
Jane<br />
Shepherdson<br />
Chair, My Wardrobe HQ<br />
Director, <strong>The</strong> London Fashion Fund<br />
"If the leader quite<br />
obviously believes<br />
in the team and the<br />
vision, then it’s a<br />
compelling mix."<br />
I knew from an early age that<br />
I wanted to do something in the<br />
fashion world, but I also knew<br />
that I was not talented enough<br />
to become a designer. I joined<br />
Topshop as a graduate trainee<br />
after college and worked my way<br />
up through buying, eventually<br />
becoming brand director 13 years<br />
later. I knew what every function<br />
did, why they did it, and who was<br />
doing it, and I also knew what<br />
‘good’ looked like, having traveled<br />
extensively to check out retail<br />
concepts around the world. I saw<br />
the best of Manhattan’s boutiques,<br />
Berlin’s concept stores, Rio’s<br />
beach culture, and anything and<br />
everything that was exciting and<br />
new. I also knew who I wanted in<br />
the team to turn Topshop into an<br />
iconic global brand. I was aware of<br />
my own limitations and knew that<br />
without hugely talented people<br />
working with me, we couldn’t<br />
achieve success.<br />
More than anything else, I had<br />
the passion and enthusiasm to<br />
motivate and excite this brilliant<br />
team into creating something<br />
very special. If the leader quite<br />
obviously believes in the team and<br />
the vision, then it’s a compelling<br />
mix. My advice for other leaders<br />
has to be, never feel threatened<br />
by the brilliance of others, only<br />
consider what more could be<br />
achieved by working with them.<br />
10
Andreas<br />
Windler<br />
General Manager,<br />
Germany, Austria, and Switzerland,<br />
Jacobs Douwe Egberts Professional<br />
"<strong>Negotiation</strong> skills can greatly<br />
benefit leaders in managing<br />
relationships effectively."<br />
Leadership has always been a<br />
natural skill for me, honed through<br />
trial and error, learning from<br />
mistakes, and practicing in school,<br />
university, and private activities.<br />
My advice for leadership is to be<br />
authentic and manage oneself<br />
well. Strive to be the best version<br />
of yourself and surround yourself<br />
with a trusted team that provides<br />
honest feedback. Remember, as a<br />
leader, everything you do matters,<br />
so manage the ‘what’ and the<br />
‘how’ effectively. Most strategies<br />
fail, not because they are wrong,<br />
but because the soft element of<br />
execution, the ‘how,’ falls short;<br />
so lead by example, make a solid<br />
plan, and communicate with your<br />
team to bring them on board.<br />
I also believe that strong<br />
negotiation skills are essential for<br />
leaders. I even encourage my children<br />
to engage in sales activities to gain<br />
experience. Life is essentially a<br />
negotiation, as we constantly interact<br />
with others, understand their needs,<br />
and find common ground with our<br />
expectations. <strong>Negotiation</strong> skills can<br />
greatly benefit leaders in managing<br />
relationships effectively, resolving<br />
conflicts, and achieving successful<br />
outcomes in various situations.<br />
With these insights, I strive to be<br />
an authentic leader, manage myself<br />
effectively, and hone my negotiation<br />
skills to navigate the complexities<br />
of leadership and achieve success. TNS<br />
<strong>11</strong>
What is negotiation<br />
consulting anyway?<br />
Anna Winters<br />
and Lucia<br />
Roccatagliata<br />
demystify the<br />
wonderful world<br />
of negotiation<br />
consulting.<br />
In a time of global disruption,<br />
effective negotiation is essential for<br />
success. At <strong>The</strong> Gap Partnership,<br />
we support organizations across<br />
the world to help them successfully<br />
negotiate in many different situations.<br />
One way we do this is through<br />
negotiation consulting, which can be<br />
a powerful investment to equip teams<br />
with what they need to achieve the<br />
best outcome. This could be as<br />
straightforward as supporting a critical<br />
negotiation or as complex as developing<br />
an organization’s negotiation culture.<br />
But what exactly is negotiation<br />
consulting? How does it work? What<br />
can it achieve? And who does it<br />
help? As members of TGP’s global<br />
negotiation consulting team, these are<br />
questions we are frequently asked. So<br />
we wanted the opportunity to bring<br />
to life the niche but extraordinary<br />
discipline of negotiation consulting,<br />
including the incredible results we<br />
see it deliver week in, week out.<br />
12<br />
FIVE COMMON ISSUES<br />
IN NEGOTIATION<br />
We consult across a wide range of<br />
industries, clients, and departments,<br />
each facing individual challenges in<br />
their negotiations, which makes our<br />
work unique and rewarding. Yet even<br />
with this diversity, there is remarkable<br />
commonality in the challenges our<br />
clients face.<br />
TIME<br />
Time pressure can be yours, theirs<br />
or shared. In our experience, around<br />
74% of all negotiation teams start<br />
planning too late. This places<br />
additional pressure on teams as a<br />
result. And, if you rush negotiation<br />
planning, the<br />
negotiation itself often<br />
becomes longer and<br />
more complex, and<br />
fails to realize valuecreation<br />
opportunities.<br />
ALIGNMENT<br />
Aligning upfront on<br />
decisions empowers<br />
the negotiation<br />
team and ensures<br />
consistency and<br />
solidarity throughout the organization.<br />
Failure to align risks decision-makers<br />
moving the goalposts during the<br />
negotiation, or making ad hoc decisions<br />
and unplanned moves when pressure<br />
is at its highest.<br />
TACTICS WITHOUT<br />
STRATEGY<br />
All too frequently,<br />
planning is limited<br />
to moves and<br />
proposals without<br />
a thought to what<br />
triggers that move (the what, when<br />
or why). A strategic negotiation<br />
framework is essential to enable you<br />
to stay in charge of the negotiation<br />
and move with rationale.<br />
FIT FOR EXECUTION<br />
Taking time to role play<br />
proposals, prepare<br />
for meetings, and<br />
plan scenarios and<br />
behaviors will avoid<br />
the negotiation team<br />
going ‘off script’. It also<br />
helps ensure your plan’s integrity,<br />
supported by regular internal<br />
touchpoints to maintain alignment.<br />
REVIEW<br />
In our experience,<br />
fewer than 10% of<br />
negotiations are<br />
reviewed. When they<br />
are, it’s often limited<br />
to tangible outcomes<br />
and fails to capture<br />
the learnings of what went well, what<br />
didn’t, and what the other party did.<br />
Capturing these learnings builds<br />
corporate knowledge and informs<br />
the planning of your next negotiation.
THE NEGOTIATION SOCIETY<br />
CPG<br />
WHO WE WORK WITH<br />
Within the last year,<br />
we have worked with clients<br />
from a range of disciplines<br />
and sectors.<br />
Retail &<br />
Wholesale<br />
Procurement<br />
Healthcare &<br />
Pharmaceuticals<br />
Governments<br />
Transport<br />
Infrastructure<br />
Industrial &<br />
Manufacturing<br />
SCOPING<br />
STRATEGY<br />
TACTICS<br />
HOW DOES NEGOTIATION<br />
CONSULTING ACTUALLY WORK?<br />
Following project mapping and<br />
detailed discovery sessions, we begin<br />
with scoping joint expectations and<br />
align on objectives.<br />
Based on these outputs, we build<br />
robust topline and contingency<br />
strategies that prepare our clients for<br />
their unique negotiation challenges.<br />
This covers expected issues as well as<br />
unforeseen obstacles that could arise.<br />
In the tactical phase, we determine<br />
the details, such as behavioral<br />
considerations or timings.<br />
During execution, we continue to<br />
support each negotiation and help our<br />
clients avoid or mitigate challenges<br />
they encounter.<br />
Finally, we review, to assess the<br />
negotiation and understand learnings<br />
for future projects.<br />
HOW WE MEASURE SUCCESS<br />
After the conclusion of every<br />
consulting project, we ask our clients<br />
how they would assess its impact so<br />
we can continue to learn and build<br />
best practice.<br />
98%<br />
of clients say our negotiation<br />
consulting met or exceeded their<br />
business objectives.<br />
95%<br />
of our clients are satisfied or very<br />
satisfied with the work completed<br />
by <strong>The</strong> Gap Partnership.<br />
To find out more about negotiation<br />
consulting and what it can deliver to<br />
your business, please get in touch at<br />
contact@thegappartnership.com TNS<br />
How did <strong>The</strong> Gap Partnership help you with this project / negotiation?<br />
Increasing confidence 67%<br />
EXECUTION<br />
Making the complex simple<br />
Creative alternatives / lateral thinking<br />
28%<br />
49%<br />
Providing tools and processes<br />
72%<br />
Providing structure and methodology<br />
100%<br />
Maximizing value / return on investment<br />
41%<br />
REVIEW<br />
Stakeholder management<br />
56%<br />
0% 20% 40% 60% 80% 100%<br />
13
Negotiating in<br />
today’s world<br />
RESEARCH<br />
REPORT<br />
Kelly Harborne shares some significant findings from a major new study into the<br />
biggest commercial trends of our time, along with the implications for negotiators.<br />
<strong>The</strong> greatest skill any negotiator<br />
can nurture is curiosity. This<br />
means asking thoughtful,<br />
timely questions and doing<br />
your research to understand the<br />
drivers and interests that lie behind<br />
your counterparty’s position.<br />
With that in mind, we decided to<br />
do some of the leg work for you. In<br />
February 2023, <strong>The</strong> Gap Partnership<br />
commissioned YouGov to survey<br />
800 decision-makers operating in<br />
businesses with a turnover of at<br />
least £20 million. <strong>The</strong> objective was<br />
to understand how the deals we<br />
make today are being influenced<br />
by the macro trends of the 2020s.<br />
Professionals from a variety of roles<br />
and sectors, and based in the U.S.,<br />
Australia, Brazil, France, Germany,<br />
Mexico, Singapore, and the U.K.,<br />
shared their responses to questions<br />
covering the hottest commercial topics<br />
of our time.<br />
This article takes a look at some of<br />
the key findings and what they might<br />
mean for you. As you read the results,<br />
ask yourself, does this resonate with<br />
you? What about your counterparts?<br />
How exposed or well-placed is their<br />
operation in the context of these<br />
trends, and how will it impact their<br />
approach when negotiating with you?<br />
Renegotiating through change<br />
<strong>The</strong> Northern Ireland protocol, which refines how<br />
goods will flow in and out of the E.U. post-Brexit, was<br />
concluded in the 25th anniversary year of the Good<br />
Friday agreement, a political deal designed to bring<br />
an end to 30 years of conflict in Northern Ireland<br />
which led to the longest period of Anglo-Irish peace<br />
in living memory.<br />
<strong>The</strong> protocol is a brilliant illustration of how the<br />
past impacts our deals today. It also connects to a<br />
concern 54% of our respondents reported: the impact<br />
of supply chain issues. Effective supply chains rely on<br />
predictability, so whether it’s shifting borders, changing<br />
legislation and paperwork, a pandemic,<br />
or a world shortage of shipping containers<br />
and vessels, havoc has been wreaked<br />
throughout the world.<br />
<strong>The</strong> least satisfaction for the<br />
protection their negotiated<br />
agreements provide them against<br />
these risks was reported in Singapore,<br />
and the most in Australia. 48% of our<br />
respondents have considered alternative<br />
suppliers to try and decrease their<br />
exposure to supply chain risk. How robust<br />
would your deals appear if they considered<br />
you as a partner?<br />
Renegotiating on rising prices<br />
1998 saw the $73.7 billion buyout of Mobil by Exxon<br />
creating (at the time) the second-largest company in<br />
revenue. Now ranked 12th in the world, their revenues<br />
fall well below the likes of China Natural Petroleum<br />
Corporation who, incidentally, signed a 30-year deal<br />
with Gazprom in February 2022, just three weeks before<br />
Russia invaded Ukraine, revolutionizing the oil and gas<br />
sector and so, the cost of just about everything.<br />
Seeking supply from fewer sources, the shifting<br />
demand of the E.U., U.K. and U.S. pushed prices to<br />
$135 a barrel last year. We felt it at the pumps and<br />
in manufacturing costs, and our respondents felt it<br />
in the deals they negotiated.<br />
On average, our respondents have renegotiated<br />
existing contracts due to increased cost prices five times<br />
in the last three years, a trend obvious in our work with<br />
the CPG sector where landing price increases multiple<br />
times in one financial year has become increasingly<br />
the norm.<br />
36% of respondents renegotiated 4–6 times during<br />
that period – most frequently in the legal sector and least<br />
frequently in real estate. Opec+ announced in April 2023<br />
they are decreasing oil production again, so this volatility<br />
and the need for renegotiation isn’t going away.<br />
With inflation increasing at pace around the world,<br />
monetary bodies have sought to stem the tolerance<br />
for price hikes by making the cost of<br />
borrowing money more expensive<br />
through increased interest rates.<br />
Like many of our clients, for<br />
our respondents this made<br />
it more likely for them<br />
to renegotiate payment<br />
terms with 45% of<br />
them doing this<br />
in response.<br />
14
THE NEGOTIATION SOCIETY<br />
Sustainability<br />
1998 is also the year that climate change deniers say<br />
global warming stopped, and with natural variability and<br />
cooling events (volcano eruptions for example) there was<br />
indeed a peak that year in the annual increase of the<br />
earth’s average surface temperature that wouldn’t be<br />
matched until 2002.<br />
Sadly, those increases are positively cool compared<br />
to now. <strong>The</strong>se changes lead to more extreme weather<br />
and poorer air quality, and are already contributing to<br />
a significant loss of life. <strong>The</strong>refore, it comes as little<br />
surprise that more than 36% of respondents confirm<br />
they spent extensive time focused on sustainability in<br />
their negotiations, with 42% reporting that they view<br />
sustainability as being important in the deals they do.<br />
<strong>The</strong>re was a marked difference across markets. 26% of<br />
respondents in Germany view it an important feature of<br />
their negotiations versus 69% in Australia. This is perhaps<br />
unsurprising given Australia’s recent experience with<br />
severe drought and devastating bushfires, but it underlines<br />
the importance of understanding the global impact of<br />
these issues and how it might influence priorities when<br />
negotiating with international partners.<br />
India’s ban on wheat exports in 2022 to secure domestic<br />
supply in the face of the Ukraine war, a severe heatwave<br />
(attributed by <strong>The</strong> Royal Meteorological <strong>Society</strong> to Arctic<br />
warming) and soaring domestic prices demonstrates<br />
perfectly how each of the macro trends are intertwined<br />
and have far reaching consequences.<br />
So, what’s holding us back in negotiating more<br />
environmentally friendly deals? To unlock sustainable<br />
working practices, organizations must remove common<br />
roadblocks, and our respondents reported these to be a lack<br />
of training for teams as to how to trade and understand<br />
sustainability in tangible terms. It’s vital that organizations<br />
provide clarity on this approach.<br />
IMAGE CREDIT: SHUTTERSTOCK.COM<br />
Virtual negotiation<br />
2020 held us captive via Zoom and Microsoft Teams<br />
and you might expect we’d be clamoring to spend more<br />
time in airport lounges or in the car.<br />
Perhaps not. 56% of our respondents confirmed that<br />
at least half of their negotiations are conducted virtually,<br />
and it’s not surprising that markets like the U.S., Mexico<br />
and Australia returned the strongest results in favor of<br />
virtual given their size.<br />
But the trend was true in each market represented<br />
in the sample, including Singapore. And in fact 42%<br />
of respondents told us they found virtual negotiation<br />
not only more time and cost effective but (perhaps<br />
counterintuitively) also providing greater access to<br />
counterparties (to meet more frequently and to explore<br />
issues more thoroughly and efficiently) and to their<br />
internal team for those important sidebars.<br />
<strong>The</strong>re is of course greater opportunity to fact<br />
check your counterparty’s position by more readily<br />
accessing whatever spreadsheets or data points you<br />
might happen to have open on your desktop. Less than<br />
two decades ago in 1998, Google Inc. was founded.<br />
How would we have ever been able to do the type of<br />
desk preparation for our negotiations that we do now<br />
without it.<br />
Being on-site means you pick up all sorts of other<br />
data, not to mention the body language cues we rely<br />
on to get a better read of the room. As one respondent<br />
said, “Nothing inspires trust” like meeting face-to-face.<br />
55% of those we heard from confirmed they perceive<br />
their negotiations to have become more competitive,<br />
although the trend is arguably compounded by each of<br />
the issues we’ve explored here. If, like 66% of the people<br />
we spoke to, you think that collaborative negotiations<br />
are more effective, you will consider the careful<br />
management of each form of communication to be<br />
crucial to the planning of your discussions via either<br />
medium. Three in five of respondents thought they<br />
might benefit from some additional training in<br />
managing virtual negotiations more effectively.<br />
Each of these trends is likely to have an impact<br />
on our deals for the foreseeable future.<br />
If you’d like to ensure the deals you<br />
make today help you negotiate<br />
the challenges of the future,<br />
contact <strong>The</strong> Gap<br />
Partnership for more<br />
information on how<br />
we’re already helping<br />
our clients navigate<br />
these challenges. TNS<br />
15
Standing tall on<br />
the world stage<br />
Proud Kiwi Nick Harvey explores the intriguing phenomenon of New Zealand’s<br />
political, sporting and commercial successes that belies its size, and finds<br />
comparisons with <strong>The</strong> Gap Partnership’s own Pacific story.<br />
In a world where solving problems<br />
takes more partners than ever<br />
before, New Zealand punches<br />
way above its weight in every<br />
sector of challenge in the world today.”<br />
This is how the then U.S. Secretary of<br />
State, Hillary Clinton, described New<br />
Zealand in 2010 shortly after signing<br />
an agreement that would bring the two<br />
countries closer together.<br />
Small but mighty<br />
This quote encapsulates a truth that<br />
New Zealand, while small in size, has<br />
an influential presence on the world<br />
stage, particularly when it comes to<br />
the intersection of climate and trade.<br />
New Zealand is an unlikely global<br />
powerhouse and a symbol for how the<br />
small ‘David’ can take on the ‘Goliaths’<br />
of the world. It has, to borrow Clinton’s<br />
phrase, punched above its weight<br />
through membership of the World<br />
Trade Organization (WTO) and<br />
the brokering of numerous free<br />
trade agreements, both bilateral<br />
and multilateral.<br />
First among equals<br />
Outside of commerce, New Zealand<br />
is famous for many firsts. It was the<br />
first country to give women the vote<br />
in 1893. Nuclear physicist Ernest<br />
Rutherford first split the atom in<br />
1919 and Sir Edmund Hillary<br />
was the first to<br />
climb Mount Everest in 1953.<br />
For a country with a population of<br />
less than five million, New Zealand<br />
has demonstrated disproportionate<br />
prowess on the sporting stage. It<br />
boasts many Olympic champions and<br />
bagged 20 gold medals in Beijing in<br />
2022, placing it second on the medals<br />
per capita list. It’s also the home of<br />
the America’s Cup winning team.<br />
Born free<br />
What accounts for such impressive<br />
sporting success? One answer is, the<br />
mindset of New Zealand’s society.<br />
As Dan Carter from the 2019 World<br />
Cup winning rugby team explained,<br />
“You want to do the history proud,<br />
the public proud, and you make sure<br />
you do everything you possibly can for<br />
that little country down at the bottom<br />
of the world.” As New Zealand is a<br />
relatively new nation, it has never really<br />
been locked into any set ideas about its<br />
identity. That gave a kind of freedom to<br />
develop one. And, since the land mass<br />
is a long way from everywhere, access<br />
to resources is challenging. As a result,<br />
the nation has needed to be adaptable,<br />
resourceful, and egalitarian: values that<br />
have proved advantageous in sport<br />
and beyond.<br />
Start local,<br />
grow global<br />
Indeed, when I took over setting up<br />
<strong>The</strong> Gap Partnership in the Pacific ten<br />
years ago, we were essentially a local<br />
business with just a few global clients<br />
a long way from anywhere. But, we<br />
built on the same set of values and like<br />
the All Blacks, made some strategic<br />
choices about how to win – which<br />
included decisions around what we<br />
did not want to do. A decade later,<br />
we have created a very strong business<br />
and brand, thanks largely to the<br />
value and commitment we placed on<br />
nurturing our business relationships.<br />
With year-on-year double-digit<br />
growth, we are now one of the best<br />
16
THE NEGOTIATION SOCIETY<br />
IMAGE CREDIT: ROOK76/SHUTTERSTOCK.COM<br />
performing sub-regions. Our business<br />
is the trusted partner for over 150<br />
leading businesses in New Zealand<br />
and Australia, which makes me<br />
very proud.<br />
Paul Foster MD of Mauri, spoke<br />
about us to the AGFC in a short<br />
film in 2019. He described us as<br />
specialists that do the core negotiation<br />
development work with the team,<br />
advanced strategic planning and<br />
bringing an external lens into the<br />
complex or higher value deals. For me,<br />
the word ‘strategic’ is interesting when<br />
it comes to negotiation. I hear business<br />
leaders say all the time, “We need to be<br />
more strategic”, and I often ask what it<br />
actually means to them. In negotiation,<br />
being strategic is about having a<br />
winning aspiration and a defined plan,<br />
with clear choices around where to play<br />
and how to win. And the effort pays<br />
off; for every client we have helped<br />
to design a clear negotiation plan<br />
with strategic thinking and implement<br />
it in the appropriate way, we have<br />
a 98.9% success rate of achieving<br />
the objectives set out.<br />
<strong>The</strong> spice of life<br />
Back to sports again. Historically,<br />
New Zealand’s athletes and sports<br />
people, both men and women, have<br />
consistently been at the top of the<br />
world. We have really built a sense of<br />
who we are around sport. Indeed, our<br />
sporting wins have spawned a culture<br />
that encourages it to be played as far<br />
and as widely as possible. Specialization,<br />
choosing to focus on just one sport,<br />
is generally discouraged, and schools<br />
offer students a range of activities.<br />
In fact, there is substantial evidence<br />
from recent years demonstrating the<br />
importance of variety. I have found<br />
the same parallel with the consultants<br />
we bring in. Job variety enables them<br />
to quickly develop their skill sets and<br />
stimulation (workshop delivery, sales,<br />
consulting and building the business).<br />
Determination is another factor<br />
that sets New Zealanders apart, again<br />
borne from our ‘small nation’ mindset.<br />
I think it’s like being the youngest kid<br />
in the family or the smallest kid in the<br />
classroom; you will fight twice as hard<br />
to get what you want because you know<br />
that you need a sense of determination<br />
to get past that sense of being<br />
the underdog.<br />
This is one of the qualities I talk<br />
to our clients about. Sure, they may<br />
be the largest in their sectors, but acting<br />
like an underdog keeps you hungry.<br />
<strong>The</strong> Gap Partnership leads by example<br />
on this front; when the business<br />
started doing well, we got hungrier,<br />
which kept us both humble, but still<br />
high performing.<br />
Standing tall<br />
Of course, it’s important to respect<br />
who you are, who you’re playing, what<br />
business deal you are in, and where<br />
you’re going. Now that New Zealand<br />
has started to come out from under<br />
the rock, as an underdog trying to<br />
punch above our weight, there’s a shift<br />
in our psyche to say, “We can stand<br />
tall.” Again, for me, I see <strong>The</strong> Gap<br />
Partnership’s Pacific office as one of the<br />
cornerstones of the APAC region, that<br />
is a key part of the global business, able<br />
to bring many new ideas and clients to<br />
deliver our vision of leading the world<br />
in negotiation.<br />
I believe that the talent, ideas and<br />
innovation that comes out of New<br />
Zealand and Australia is world-class.<br />
As a result, both countries stand tall on<br />
the world stage, a sentiment echoed by<br />
many of our clients with their teams<br />
in the global arena. In my experience,<br />
Kiwis and Aussies always perform<br />
well and get an optimal outcome in<br />
any negotiation.<br />
This deep-rooted notion of ‘standing<br />
tall when small’ means it is possible to<br />
negotiate an optimal outcome when<br />
you are small. While many focus on the<br />
transactional and tactical elements at<br />
the negotiation table, as Sun Tzu said,<br />
“Every battle is won before it is fought.”<br />
Applied to negotiation, this<br />
is about controlling the<br />
“setup” to ensure success.<br />
This is especially critical to<br />
the small player, who needs<br />
to reshape the deal, the scope, and the<br />
sequence before the parties even get to<br />
the negotiation table, always with the<br />
right no-deal options simmering away<br />
in the back of their heads. To achieve<br />
an optimal outcome, they must ensure<br />
the conditions to negotiate are healthy.<br />
This means truly understanding the<br />
value-equation, the barriers to success,<br />
and creating a beneficial platform<br />
to negotiate.<br />
A success story<br />
I will end on a fine example of the<br />
“David vs Goliath” or standing tall<br />
mindset. I worked on a deal with a<br />
New Zealand business negotiating with<br />
a much bigger offshore partner. In our<br />
discovery and deal-scoping sessions, it<br />
was clear they would just accept what<br />
they were offered, as they wanted out<br />
and felt they lacked any power. We<br />
changed that view by getting to the<br />
central reasons for why the negotiation<br />
was taking place through the eyes of<br />
all parties. Through smart stakeholder<br />
mapping and communication planning,<br />
we sequenced the conversations before<br />
we got to the table to set the conditions<br />
to negotiate in our favor. We created,<br />
signaled and enhanced our BATNA<br />
(best alternative to the negotiating<br />
agreement) which weakened the<br />
counterparty’s position and resolve.<br />
We did this by sourcing information<br />
that meant that the platform to<br />
negotiate was designed by us. We<br />
also gained clarity on our leverage<br />
and influence. It was an approach<br />
that paid significant dividends.<br />
KIA KAHA, KIA MAIA, KIA<br />
MANAWANUI. TNS<br />
17
Freddy Burgess shares a special report that spotlights best-in-class<br />
negotiators of the future, and why they are tipped for the top.<br />
In the world of commerce,<br />
negotiation is a skill that separates<br />
the best from the rest. It requires a<br />
nuanced blend of strategic thinking,<br />
exceptional communication, and the<br />
ability to build strong relationships<br />
with stakeholders. And as the business<br />
landscape becomes increasingly<br />
complex, the importance of negotiation<br />
is only set to grow.<br />
Who will be leading these critical<br />
deals of the future? We decided to find<br />
out by asking clients and partners to<br />
nominate colleagues under the age of<br />
30 who are consistently demonstrating<br />
potential to become future stars of the<br />
commercial world. <strong>The</strong>y come from a<br />
range of regions, roles and industries,<br />
but what links them is a recognition that<br />
negotiation is a critical skill in today’s<br />
commercial landscape.<br />
Lisa Dorbandt<br />
Key Account Manager at Mondelez, Austria<br />
Age: 29<br />
Tenure: Four Years<br />
I enjoy learning and having the opportunity to grow, and I especially like working in a<br />
team creating new solutions. Working collaboratively allows me to bring my strengths to the<br />
table, learn from different perspectives, and achieve more together. One of my most significant<br />
contributions was negotiating annual trade agreements. I focused on building strong relationships<br />
with our business partner, understanding their perspectives and priorities, and identifying areas where<br />
we could find common ground. I also brought a creative approach to the negotiation, proposing innovative<br />
solutions that helped us reach an agreement that was financially beneficial and sustainable for both partners.<br />
My top negotiation tip: Understand your partner’s needs and pressures. Ask questions and listen like<br />
a detective to what’s behind the answers, then build your offers on this.<br />
Claire Dubar<br />
Buyer at Kingfisher, France<br />
Age: 28<br />
Tenure: Four Years<br />
I have a passion for the product I work with and know every intricate detail about it.<br />
Meeting my customers’ needs and getting it right every time is very important to me. Ensuring<br />
I have explored every avenue and identified every opportunity for growth is key. For instance,<br />
during a recent tender where the main aim was to identify savings, I asked questions that I didn’t<br />
believe I would get the answer to, but amazingly I did! Detail and specifics that hadn’t ever been shared<br />
before were discussed. This was a huge learning for me. You don’t know what your partners will or won’t share<br />
until you ask the right questions, so don’t be afraid to do so! I believe my age is an advantage in my role as<br />
a buyer, as I find people with more experience prepare less and perhaps try and wing it more.<br />
My top negotiation tip: Be the most prepared person in the room. Set aside time to plan, as it will be<br />
critical to you achieving the best outcome.<br />
18
THE NEGOTIATION SOCIETY<br />
Joana Nobre<br />
Senior Sales Manager at <strong>The</strong> Gap Partnership, U.K.<br />
Age: 26<br />
Tenure: Two Years<br />
My driver is to play a part in the success of the people around me, motivating my team and helping them<br />
reach their full potential. I am also passionate about building trusted partnerships with our clients, identifying<br />
their challenges and supporting them with solutions to ensure the best outcome for them.<br />
A recent career highlight for me has been the implementation of our new project management<br />
systems, which has been very rewarding. Another memorable project was helping to organize last<br />
year’s summer party for the EMEA team, which more than 150 colleagues from across Europe<br />
attended. Seeing the team come together to celebrate and have fun was an incredible moment.<br />
My top negotiation tip: Planning should be 90% of every negotiation. <strong>The</strong> better prepared<br />
you are, the more successful you will be!<br />
Barney Bowen<br />
Buying Manager at Tesco, U.K.<br />
Age: 28<br />
Tenure: Nine Years<br />
Client centricity sits at the heart of all the decisions I make and by putting the customer first, I know I am<br />
doing the right thing by them and for the business. I enjoy seeing my colleagues grow, and my own personal<br />
experience of coaching has taught me how crucial learning and development is to achieving success.<br />
A recent accomplishment has been my ongoing work to evolve supplier partnerships, ensuring our<br />
partnerships remain sustainable and consistent, as well as managing difficult conversations with<br />
key stakeholders. I am learning to be a pragmatist!<br />
My top negotiation tip: Enter all conversations with an open mind and include<br />
as many variables as you can to help you find the most creative and value-generative<br />
solution for the situation.<br />
Andri Neocleous<br />
Junior New Product Development Manager at Huel, U.K.<br />
Age: 26<br />
Tenure: Three Years<br />
Every day I strive to be a better version of me, showing up to work as my most authentic self. I thrive on<br />
problem solving, driving change, and bringing to life our vision to remain the world’s number one nutritionally<br />
complete food brand. Client centricity is an integral part of my role, making sure our customers are satisfied and<br />
raising awareness of the plethora of exciting launches.<br />
Leading the development of four new flavors for the Ready-to-Drink category was especially<br />
exciting for me because the “Iced Coffee Caramel” range won a gold award at the 2022 “lunch!<br />
Inspiring Innovation Challenge” show. Seeing a product I developed gaining such incredible<br />
recognition and all the teams’ hard work come to fruition was a very proud moment.<br />
My top negotiation tip: Never underestimate the power of being a good listener,<br />
as empathy is key to building relationships and a great tool for enhancing connections.<br />
<strong>The</strong>se rising stars have already made a significant<br />
impact in the commercial world, and although their<br />
backgrounds and experiences vary, they all share a<br />
common set of attributes that have helped them<br />
achieve success in their negotiations: a strategic<br />
mindset, excellent communication skills, the ability<br />
to build relationships with stakeholders, and a<br />
dedication to continuous learning and improvement.<br />
<strong>The</strong>ir achievements demonstrate that negotiation<br />
is a skill that can be honed and developed with<br />
practice and dedication. Whether you’re just starting<br />
your career or are a seasoned professional looking<br />
to improve your negotiation skills, these emerging<br />
leaders offer valuable insights into the mindset<br />
and tactics needed to succeed in today’s<br />
competitive marketplace.<br />
As the business world continues to evolve,<br />
negotiation will remain the critical skill for anyone<br />
looking to drive results and achieve their goals.<br />
Here’s to the future! TNS<br />
19
THE<br />
BLOSSOMING<br />
OF<br />
ANU<br />
20
THE NEGOTIATION SOCIETY<br />
Alistair White meets Anu Mishra Kawdiya, Regional Head of Sales<br />
for APAC at <strong>The</strong> Gap Partnership, and finds that growth is a rich<br />
theme that permeates her life both personally and professionally.<br />
Have you read the classic children’s<br />
book, (or seen either of the two film<br />
adaptations), “<strong>The</strong> Secret Garden” by<br />
Frances Hodgson Burnett? If not, I<br />
can recommend you do. It’s a beautiful tale full<br />
of wise life lessons. <strong>The</strong> plot concerns a girl who<br />
discovers a magical garden at her uncle’s house.<br />
As she becomes more and more entranced with<br />
her new find, tending to the garden and helping it<br />
bloom and flourish, she finds herself on her own<br />
journey of self-development and personal growth.<br />
I was reminded of this story during my<br />
interview with Anu Mishra Kawdiya. Early in our<br />
chat she recounted that in 2020 she was recently<br />
married, had relocated from her home in Hong<br />
Kong to Singapore, and along with the rest of the<br />
world was locked down at home due to Covid.<br />
Looking for distraction and a pastime that could<br />
be enjoyed at home, Anu decided to learn about<br />
the cultivation of plants. What started as a passing<br />
interest developed<br />
into a consuming<br />
passion, and<br />
Anu now has<br />
a substantial<br />
collection of<br />
plants in her<br />
home which<br />
she tends and<br />
nurtures. And so<br />
an analogy about<br />
Anu began to take<br />
root in my mind.<br />
But this tale of Anu is also concerned with<br />
her professional achievements, so let’s start at the<br />
beginning of her career. After graduating with<br />
a degree in Economics and Finance, Anu was<br />
convinced she wanted to pursue a career in the<br />
financial services sector, but a year with a financial<br />
services company soon persuaded her otherwise.<br />
In March 2014 she joined the Hong Kong office<br />
of <strong>The</strong> Gap Partnership as a business development<br />
executive and has now risen to the position of<br />
regional head of sales for the APAC region,<br />
leading a team of three.<br />
She reflects on her journey. “In the early days,<br />
I did everything: new business acquisition, client<br />
management, booking workshops, organizing<br />
logistics, and scheduling meetings for consultants.<br />
It gave me not just a real understanding of<br />
how the business works, but it also provided a<br />
foundation from which to, eventually, move into<br />
full-time sales leadership.”<br />
Anu’s business development skills were further<br />
tested and honed during the pandemic. “When<br />
Covid hit, it was one workshop cancellation after<br />
another. I was literally watching our business, my<br />
business, crumble away before my eyes. That was<br />
a tough time, but in retrospect also a good time,<br />
because we had to fight for our survival. I had<br />
colleagues who immediately pivoted to working<br />
on creating digital and virtual versions of our<br />
proposition, and they were relying on people like<br />
me to sell these to our clients. That is when I truly<br />
discovered the joy of sales and I realized that this<br />
is where I want to be, and it’s where I belong.”<br />
What makes her a good salesperson? “I like<br />
making connections with people and growing<br />
those connections into something profitable for<br />
both. I also think I’m a good listener, which is<br />
important; I like<br />
hearing people<br />
tell their stories,<br />
I am curious<br />
about them. It<br />
“ Business relationships need to<br />
be nurtured, just like plants.<br />
can take a while<br />
and sometimes<br />
I need to be<br />
patient, which<br />
incidentally is<br />
not something<br />
that comes<br />
naturally to me.<br />
But business relationships need to be nurtured,<br />
just like plants.<br />
“<strong>The</strong>re is one client I talk to regularly. I know<br />
there’s no immediate need for our services but<br />
it is important to stay in touch. We talk about<br />
motherhood and how it has impacted our lives,<br />
and I know those conversations will bear fruit<br />
some day.”<br />
Anu has a 14 month-old daughter and I ask<br />
how that has impacted her. “It had a big effect,”<br />
she tells me. “When I discovered I was pregnant,<br />
I knew I would be taking maternity leave and that<br />
was scary for many on my team. Given that I’ve<br />
been in the business for nine years, there was a<br />
lot of knowledge and quick fixes that only existed<br />
in my head, as well as client relationships that sat<br />
solely with me. I realized I not only<br />
21
had to recruit and upskill my team at top speed,<br />
but I also needed to put in place a handover<br />
and written processes so my team, and the<br />
wider business where necessary, could step<br />
into my shoes.”<br />
So, is Anu very process-driven? “I am very<br />
organized, yes, that comes naturally to me. But<br />
while I think process is important, it isn’t allimportant.<br />
People<br />
“ I see my job as enabling<br />
others to perform well,<br />
to catalyze those around<br />
me to perform to<br />
their maximum.<br />
need to<br />
have a<br />
point of<br />
reference,<br />
but I<br />
wouldn’t<br />
want a<br />
slavish<br />
adherence<br />
to process<br />
to stifle my team’s initiative or their ability to<br />
think for themselves.”<br />
Anu successfully recruited and trained a team<br />
to run the operations and client management side<br />
of the business before she left for four months of<br />
maternity leave. “I thought it would be difficult,<br />
letting go of things I used to do. But it wasn’t.<br />
<strong>The</strong> fact I was leaving meant there was no<br />
alternative, it just had to happen that way.”<br />
What were the other big impacts of<br />
motherhood? Anu smiles, a little sheepishly.<br />
“Before our daughter was born, everything was<br />
work, work, work. Now I have a much greater<br />
sense of perspective. I have something else to<br />
grow and nurture other than just my plants and<br />
my clients, someone much more important.”<br />
“Since I came back to work, everyone has<br />
commented on how much more easygoing I am.<br />
Before, when little things went wrong, I would be<br />
up on my feet to resolve them as a priority. Now<br />
I’m more relaxed and will assess the urgency. I<br />
may then delegate and provide the opportunity<br />
for my team to manage, because I don’t need<br />
to solve everything. Generally I have more<br />
perspective on work-related issues and have come<br />
to realize they’re not the end of the world.”<br />
“And since I’ve come back, I work differently.<br />
Before, it was all about completing tasks and<br />
ticking off to-do lists while knowing everything<br />
that is going on, which led me to micromanage<br />
the people on my team a bit. But I think I’m<br />
beginning to discover the difference between<br />
doing and leading. I see my job as enabling others<br />
to perform well, to catalyze those around me to<br />
perform to their maximum. Someone said to me<br />
recently that I am a source of energy for them,<br />
and while that surprised me a bit, it pleased me<br />
even more.”<br />
Does she now see herself as a role model for<br />
others? “I had a number of role models when I<br />
22
THE NEGOTIATION SOCIETY<br />
started at <strong>The</strong> Gap Partnership and I<br />
suppose that is what I am becoming. I’m<br />
conscious of being watched by those in<br />
my team and also by those more senior<br />
to me. I like the pressure that brings, and<br />
I want to become someone that others<br />
learn from.”<br />
“I also listen to my colleagues more,<br />
trying to understand their situation,<br />
their ambitions, their skill set, rather than<br />
just jumping straight into advice mode,<br />
telling them what I would do in their<br />
position. I concentrate more on creating<br />
the opportunity for my colleagues to<br />
blossom, just like others did for me when<br />
I started. I see myself more as a coach.”<br />
Not that Anu has lost any of her<br />
ambition. “<strong>The</strong> Indian middle-class is<br />
very achievement oriented. My parents<br />
have always been very supportive of me<br />
in whatever I have chosen to do, even<br />
when I briefly contemplated a career<br />
as an actress.” Really? “Yes, but then<br />
reality kicked in.”<br />
“And I’m also very ambitious. We have<br />
just opened a small office in Japan and<br />
we have enormous expansion potential<br />
in China. I also really want to establish a<br />
<strong>The</strong> Gap Partnership presence in India<br />
and Korea. <strong>The</strong>re is so much more we<br />
can achieve.”<br />
So, I ask – a little mischievously<br />
because I think I know the answer –<br />
do you see yourself more as a leader of<br />
others, or more as a salesperson? “I think<br />
I would have to say a leader, even though<br />
there is still a big thrill in securing new<br />
business. Closing new opportunities,<br />
whether by myself or, as is more often<br />
these days, in collaboration with others,<br />
is a hard feeling to beat.”<br />
I remind Anu of what she told me<br />
about her collection of plants at home,<br />
the different perspective she has on life<br />
as a mother, the new ways of working she<br />
has discovered, and the leadership role<br />
she has now assumed. Would it be fitting<br />
for me to describe her as a cultivator?<br />
Anu looks skywards for a few seconds<br />
before she lowers her eyes back to her<br />
video camera and looks me in the eye,<br />
“Yes, I like that.” Which brought to my<br />
mind one of the most famous quotes<br />
from “<strong>The</strong> Secret Garden”: “She should<br />
never forget that first morning when her<br />
garden began to grow.” TNS<br />
23
how to make<br />
brands and<br />
influence<br />
people<br />
Emily Chee reports on the creator revolution that<br />
has transformed the way brands and businesses<br />
take their products to market, and considers the<br />
role of negotiation in the new media landscape.<br />
Creators, previously known<br />
as influencers, use digital<br />
platforms such as Facebook,<br />
YouTube, Instagram, TikTok,<br />
Twitter, and Twitch, to create<br />
and publish creative content and<br />
to interact with their audiences.<br />
Creators monetize their work<br />
through multiple methods, including<br />
memberships, subscriptions,<br />
advertising, brand partnerships,<br />
endorsements, and other forms<br />
of digital payment.<br />
<strong>The</strong> creator economy is thriving<br />
exponentially; a 2022 study from<br />
Adobe estimated an increase in<br />
the number of creators from 165 to<br />
303 million over the last two years,<br />
almost 4% of the global population!<br />
<strong>The</strong> market itself was estimated at<br />
$16.4 billion in 2022, a growth of<br />
more than 860% since 2016. And it’s<br />
only getting bigger: <strong>The</strong> Influencer<br />
Marketing Benchmark Report 2023<br />
predicted it would grow by another<br />
29% to $21.1 billion in 2023.<br />
Why such a boom?<br />
Internet growth and its<br />
accessibility, as well as innovation<br />
expansion, have made it more<br />
convenient for people to create,<br />
distribute, and sell content digitally.<br />
At the same time, progressive<br />
improvement in user-friendly<br />
digital platforms has shifted<br />
media consumption habits; people<br />
simultaneously create and receive<br />
real time news, diverse personalized<br />
entertainment, and interactive<br />
content on a cheaper and bigger<br />
scale digitally, which traditional<br />
media could not offer. In addition,<br />
24
THE NEGOTIATION SOCIETY<br />
the paradigm shift in generations<br />
has reevaluated our relationships<br />
with technology. While baby<br />
boomers and Gen X value simplicity<br />
and comfort in life with practical<br />
technology use, millennials and<br />
Gen Z, who it’s projected will make<br />
up over 75% of the workforce by<br />
2025, have grown up fully immersed<br />
in technology and the internet<br />
in a highly interconnected and<br />
globalized world, with a stronger<br />
desire for purposeful living.<br />
This younger generation is more<br />
inclined to express their opinions,<br />
passions, skills, and talents digitally,<br />
as well as seeking inspiration and<br />
motivation from other creators in<br />
finding their purpose. As a result<br />
of global social sharing, the rise<br />
of creator culture was born. One<br />
way of looking at it is as part of<br />
a broader shift from creativity as<br />
a by-product of economic growth<br />
to creativity as a driving force<br />
of the economy.<br />
“Using content creators for brand promotion<br />
provides an unlimited number of perspectives and<br />
audiences. This provides an opportunity for an authentic,<br />
community-based connection with audiences. Because<br />
younger audiences expect and accept brand promotion as part<br />
of their entertainment, brands can more easily customize and connect<br />
with them. This strategy also comes with comparatively low risk and<br />
cost to switch up if needed. Through content creators, brands can engage<br />
consumers in a more intimate and personalized dialogue, like a cool<br />
kid who has a group of peers who follow their lead. Content creators<br />
have an emulative relationship with their followers, which feels more<br />
truthful than just being an advert on TV. While traditional media can<br />
reach older audiences and provide wider fame, a well designed campaign<br />
doesn’t have to be either/or. By reinforcing premium messaging and<br />
reaching younger audiences, content-based strategies can complement<br />
traditional media. As a result, brands can reach a broader audience with<br />
a more relevant message.”<br />
How are creators shaking<br />
things up and giving brands<br />
a whole new game plan?<br />
Advertisements are often linked<br />
to consumers’ desired lifestyles, and<br />
in recent years to a purpose or social<br />
cause. This creates an emotional<br />
connection with consumers and<br />
brings their hearts and minds<br />
together. <strong>The</strong> creator economy<br />
has opened a new advertising<br />
channel for brands and changed<br />
the marketing landscape as brand<br />
partnerships fit perfectly into the<br />
creator economy ecosystem that<br />
revolves around creators, audiences,<br />
and digital platforms.<br />
Brands with strong positioning<br />
and consumer personas offer<br />
partnership opportunities to<br />
creators, who in return offer a<br />
strong commitment to a cause,<br />
an aspirational lifestyle, interactive<br />
and authentic communication, and<br />
ownership of a niche community.<br />
This partnership can include<br />
product mentions and placement,<br />
sponsored content, and more. As<br />
creators exert a strong influence<br />
on their communities, brands<br />
leverage them to communicate<br />
their positioning to their targeted<br />
audience. Ultimately, brands convert<br />
the audience for advocacy and<br />
repeat purchases.<br />
What does success look like?<br />
In comparison to traditional<br />
media such as television, newspaper,<br />
and magazines, the metrics of<br />
success on the digital platform<br />
have evolved over the past years<br />
to accurately determine the return<br />
on investment<br />
for brand<br />
partnerships<br />
with creators.<br />
This involves calculating how<br />
many targeted consumers have been<br />
reached and converted for every<br />
dollar spent on these partnerships.<br />
Some common key performance<br />
indicators are cost per impression,<br />
cost per engagement, cost per<br />
click, cost per lead, and return on<br />
ad spends. <strong>The</strong> creator economy<br />
has modernized the marketing<br />
industry with cost-effective and<br />
scalable accuracy.<br />
What about<br />
traditional media?<br />
Digital media has grown<br />
in popularity, but despite this<br />
traditional media including<br />
television, radio, and print, still<br />
play a significant role in engaging<br />
with a broader audience with a<br />
strong presence in gaining public<br />
awareness. Brands with a distinctive<br />
brand image that appeals to the<br />
younger audience are leveraging<br />
marketing spend more significantly<br />
on digital media to specifically<br />
target millennials and Gen Z.<br />
But for reaching a larger audience,<br />
which brands categorize as the<br />
consumption pool, traditional<br />
media remains a valuable tool to<br />
keep the brand on top of mind.<br />
So, as much as the internet has<br />
disrupted traditional advertising,<br />
both traditional and new media<br />
play an essential role in the<br />
marketing landscape.<br />
- Talula White, founder and CEO at Sekforde Drinks Ltd.<br />
25
From rags to riches:<br />
creator success stories<br />
Felix Arvid Ulf Kjellberg,<br />
better known as<br />
PewDiePie, was a<br />
Swedish number<br />
one YouTube<br />
creator and Video<br />
Games Creator<br />
from 2013 until 2022<br />
before announcing his<br />
retirement at the age of 33.<br />
His net worth has been estimated<br />
at $40 million.<br />
Lilly Singh, also known as<br />
superwoman, has created satirical<br />
vlogs on female empowerment<br />
and stereotype since 2010. In<br />
2016, Forbes ranked<br />
her third as the<br />
world’s highestpaid<br />
YouTuber,<br />
earning a<br />
reported $10.5<br />
million. Today,<br />
on top of being<br />
FELIX ARVID ULF KJELLBERG<br />
LILLY SINGH<br />
a YouTuber, she is also a television<br />
host, comedian, author, and actress<br />
with a net worth estimated at over<br />
$20 million.<br />
Ryan Kaji, the youngest<br />
person ever to make<br />
Forbes’ top earners<br />
list at the age of<br />
six in 2017, was<br />
raking in $<strong>11</strong><br />
million for giving<br />
reviews and<br />
critiques on toys.<br />
Khabane “Khaby”<br />
Lame, the number one<br />
TikToker, rose to fame by creating<br />
content of funny life hacks after<br />
losing his job in March 2020<br />
due to the pandemic. Lame<br />
made $10 million in 2021,<br />
and in January 2022<br />
he signed a multiyear<br />
partnership<br />
with Hugo Boss<br />
and earned<br />
$450,000.<br />
RYAN KAJI<br />
KHABANE “KHABY” LAME<br />
A-listers want a piece of it too.<br />
Aviation American Gin was<br />
first launched in 2006, gaining<br />
popularity in 2008 when Ryan<br />
Reynolds became a co-owner of<br />
the brand. Ryan expanded the<br />
brand globally using<br />
digital endorsement,<br />
using his selfdeprecating<br />
humor and<br />
entrepreneurial<br />
spirit to take the<br />
brand to the next<br />
level. He also partnered<br />
with Hugh Jackman<br />
to further increase its visibility<br />
through social media. As a result<br />
of its tremendous success,<br />
Diageo, the number one<br />
multinational alcoholic<br />
beverages company,<br />
RYAN REYNOLDS<br />
acquired Aviation<br />
American Gin for<br />
$610 million in 2021.<br />
What is the role of negotiation<br />
in the digital landscape?<br />
A strong partnership is essential<br />
between brands and creators to<br />
ensure sustainability in the creator<br />
economy. <strong>The</strong> five Ps in negotiation<br />
planning are the key elements for<br />
a win-win situation.<br />
Prospect<br />
Brands need to understand<br />
the creators. Are they a good<br />
match when it comes to identity,<br />
reputation, and authenticity? This<br />
information is obtained through<br />
social media analytic tools, market<br />
research, and influencer marketing<br />
agencies. Creators need to evaluate<br />
what a brand stands for and what<br />
its values are, and what type of<br />
image it wants to project digitally.<br />
Predict<br />
Brands and creators<br />
prepare strategies for a<br />
favorable outcome by<br />
assessing the values each brings<br />
to the table. Both start to predict<br />
the initial partnership offers by<br />
investigating the brand’s business<br />
scale and the creators’ audience<br />
reach, with larger scales leading<br />
to higher offers.<br />
Power<br />
Brands and creators review their<br />
power dynamics and determine how<br />
much one requires from the other.<br />
Well-established brands own more<br />
bargaining power and financial<br />
resources to dictate the partnership<br />
terms, whereas highly popular<br />
and influential creators possess<br />
the upper hand in negotiating<br />
better compensation. Both parties<br />
evaluate their relative strengths and<br />
weaknesses in ensuring a mutually<br />
beneficial corporation.<br />
Plot<br />
After the power dynamics<br />
evaluation, brands and creators<br />
outline the trading variables and<br />
define which of these are valuable<br />
or costly to one another respectively<br />
in building a rapport.<br />
Position<br />
Having identified the variables,<br />
brands and creators position<br />
themselves firmly and plan their<br />
assertive moves of, “If you…,<br />
then we…” to shift the power<br />
dynamics between them. Both<br />
parties need to know each others<br />
breakpoint and be ready to make<br />
trading concessions, as well<br />
as readjust their positions for<br />
a long-term corporation. TNS<br />
“Like most brands, we’ve dipped our toes in the creator economy a few times<br />
and learned some valuable lessons in the process. One of the most important is<br />
that if you’re measuring ROI in sales and direct interactions with your brand, it’s<br />
essential to focus on creators who have an audience that aligns with the people<br />
who already engage with your product, not just the people who you’d like to engage<br />
with it. Our first creator campaign was targeted at young millennials and older Gen Z, and we<br />
got very little back. However, when we partnered with an older influencer, whose followers were<br />
predominantly female boomers, we saw the biggest single uptake in sales we’d experienced as a<br />
brand. It wasn’t the achingly cool brand partnership we’d dreamed about, but we were able to<br />
segment that audience, re-target them, and build significant revenue as a result.’’<br />
- Will Best, TV presenter and co-founder of Bloody Drinks.<br />
IMAGE CREDIT: SHUTTERSTOCK.COM<br />
26
THE NEGOTIATION SOCIETY<br />
A profile in<br />
Leadership<br />
What can business leaders learn about great leadership from one of<br />
the most high-profile politicians of our time? Michael Perlish explains.<br />
IMAGE CREDIT: DMYTRO LARIN/SHUTTERSTOCK.COM<br />
Most observers of Russia’s<br />
invasion of Ukraine in<br />
February 2022 anticipated<br />
a straightforward victory<br />
for Vladimir Putin’s forces. Russia was<br />
28 times larger in land and 3.5 times<br />
the population of Ukraine, and its<br />
900,000 active-duty troops dwarfed<br />
Ukraine’s 240,000.<br />
Instead, the Ukrainian effort<br />
highlights what world-class<br />
leadership can accomplish. Volodymyr<br />
Zelenskyy is neither a seasoned<br />
politician nor military general, but a<br />
former comedian and actor. Despite<br />
his background, Zelenskyy may<br />
come to be regarded as the most<br />
consequential leader of our time. Let’s<br />
examine why and consider application<br />
to the commercial world.<br />
Servant leadership<br />
Selflessness is a leadership quality<br />
Zelenskyy projects in spades. He<br />
appears to regularly put himself at<br />
risk – reputational, financial, and<br />
political – in service of his people and<br />
their cause.<br />
Zelenskyy led from the front since<br />
the war’s inception. When the U.S.<br />
government offered to evacuate him<br />
from Kyiv, he famously responded,<br />
“<strong>The</strong> fight is here. I need ammo, not<br />
a ride.” He held live press conferences,<br />
posted videos from the streets, implored<br />
world leaders for help, and survived<br />
multiple assassination attempts.<br />
“We’re drawn to leaders who<br />
represent our group,” writes <strong>The</strong><br />
Wharton School’s Professor of<br />
Management and Psychology, Adam<br />
Grant. “We follow those who fight<br />
for us, and we make sacrifices for the<br />
leaders who serve us.”<br />
Exceptional leaders demonstrate<br />
actions in service of their people; they<br />
are perceived to be fighting for them,<br />
not just directing operations from their<br />
ivory tower. <strong>The</strong> courage to eschew<br />
the corporate status quo is requisite<br />
in affecting meaningful change and<br />
building great companies.<br />
Empathy and humility<br />
Zelenskyy has demonstrated<br />
empathy for his people, putting his<br />
own life on the line alongside them.<br />
Understanding he was with them in<br />
not only word but deed has earned<br />
“ I do not want my picture<br />
in your offices; the<br />
President is not an icon,<br />
an idol, or a portrait. Hang<br />
your kids’ photos instead<br />
and look at them each time<br />
you are making a decision.<br />
him fierce loyalty in return.<br />
Humility and empathy make<br />
Zelenskyy a beloved leader. Commercial<br />
leaders with these characteristics are<br />
also more likely to get the most from<br />
their team.<br />
Authenticity<br />
and relatability<br />
Zelenskyy is a people’s leader: from<br />
the people, of the people, by the people<br />
and for the people. Often clad in a<br />
military t-shirt, he speaks in a relatable<br />
manner with passion and purpose,<br />
relaying horrors his people have<br />
endured, often with his voice cracking.<br />
Exceptional leaders are unafraid to<br />
show emotion or share their failures<br />
with an audience. <strong>The</strong>y are relatable<br />
because they come across as an<br />
imperfect human, not an infallible<br />
authority figure. <strong>The</strong>y are trusted<br />
because there is little distinction<br />
between their public persona and<br />
who they truly are; they are authentic.<br />
Charisma<br />
and presence<br />
Michael Useem, Director for<br />
<strong>The</strong> Wharton School’s Center for<br />
Leadership and Change Management,<br />
calls Zelenskyy, “A master of<br />
communication, one of<br />
the best ever.” Rather than<br />
posing behind a lectern<br />
for the press, he prefers<br />
to sit in a chair or stand<br />
in the street to show the<br />
war-torn landscape. “He’s<br />
as artful as they come in<br />
helping people focus not<br />
on him but on Ukraine,<br />
the disaster it’s going<br />
through, and the solutions<br />
that many countries<br />
ought to be following in<br />
coming to Ukraine’s aid,”<br />
Useem stated.<br />
Zelenskyy never seemed to subscribe<br />
to the objective assessment that he and<br />
Ukraine were outmatched and doomed<br />
to fail. He projected strength, showing<br />
the world we had underestimated him<br />
and Ukraine.<br />
He understood how to inspire his<br />
citizenry and get the attention of<br />
world leaders. “We are fighting for<br />
our freedom and for our lands,” he<br />
stated, aligning the goal of their efforts<br />
with a common purpose of defending<br />
democratic values, rallying the world<br />
to Ukraine’s cause.<br />
<strong>The</strong> most successful leaders excel<br />
at communication. <strong>The</strong>y inspire with<br />
words and galvanize with actions.<br />
<strong>The</strong>y do not make it about themselves,<br />
opting instead to direct attention to<br />
the initiative at hand and the greater<br />
good it will serve once achieved. TNS<br />
27
THE FUTURE OF GLOBAL PROCUREMENT<br />
Sometimes, something comes along that makes you wonder how you ever<br />
managed without it. So it is with Enhance, a new enterprise-level SaaS solution<br />
that <strong>The</strong> Gap Partnership have developed for the global procurement market,<br />
set to launch in mid-2023. Kevin Lecompte tells the story.<br />
Enhance is a system that will<br />
enable senior procurement<br />
executives to maximize<br />
the impact on total spend<br />
managed – not just the bigticket<br />
deals, but all contracts and<br />
negotiations – to ensure they all<br />
deliver value to the company and<br />
its suppliers. Before I go into more<br />
detail about Enhance, its functions,<br />
and capabilities, allow me to explain<br />
how it came to be.<br />
IDENTIFYING A GLOBAL<br />
PROCUREMENT NEED<br />
In 2019, our long-standing client,<br />
Unilever came to us with a challenge.<br />
How could they better support their<br />
procurement organization to create<br />
and deliver significantly more value<br />
from their supplier relationships?<br />
<strong>The</strong>y believed the answer lay in<br />
developing and adopting a new<br />
negotiation culture, one which could<br />
impact and inform everything from<br />
process, mindset, and approach, to<br />
skill set and infrastructure.<br />
In 2020, Covid naturally diverted<br />
attention away from this goal. In<br />
2021, efforts were renewed and<br />
conversations refocused on supplier<br />
relationships, as the drive to deliver<br />
more value and supply chain<br />
resilience became evermore critical.<br />
Unilever’s procurement leadership<br />
team had a laser-like focus on<br />
how all negotiations could impact<br />
total spend managed.<br />
And so, the concept<br />
of creating a system to<br />
support<br />
the implementation of global best<br />
practice started to come to fruition.<br />
<strong>The</strong> idea was, on paper,<br />
straightforward. Generate this best<br />
practice system to accommodate<br />
every type of negotiation across the<br />
global procurement organization.<br />
Unilever knew that negotiation<br />
outcomes and value do not just come<br />
from good negotiation execution;<br />
they depend on negotiation<br />
preparation. Which is why this<br />
framework would integrate Unilever’s<br />
procurement process with <strong>The</strong> Gap<br />
Partnership’s negotiation planning<br />
methodology. By creating a robust<br />
and repeatable<br />
process for<br />
negotiation<br />
strategy and<br />
tactical plan<br />
development –<br />
and enabling it<br />
to be accessible<br />
globally –<br />
this system<br />
would drive<br />
consistency,<br />
build a common understanding<br />
and approach and, ultimately,<br />
deliver more value from the total<br />
spend managed.<br />
It was clear from the start that<br />
<strong>The</strong> Gap Partnership’s strategic and<br />
tactical tools, while competent, were<br />
too universal to support Unilever’s<br />
requirements. We knew that they<br />
needed a framework that was more<br />
comprehensive in scope and more<br />
specific in design. What’s more,<br />
this new system needed to be able<br />
to integrate with Unilever tools<br />
and internal processes.<br />
Working with Unilever’s<br />
direct and indirect teams,<br />
we started to develop the<br />
system’s requirements.<br />
We mapped all their processes and<br />
approaches across all their categories<br />
and regions. We then developed best<br />
practices, including the business<br />
rules and approach to governance.<br />
With this in place, we then codeveloped<br />
the <strong>Negotiation</strong> Toolkit,<br />
with the intention to integrate it into<br />
Unilever’s existing platform where<br />
it could access supplier, contact,<br />
contract, and commercial data<br />
and information.<br />
Developing an end-to-end<br />
solution that ensures data and<br />
information flows both upstream<br />
and downstream, underpinned by<br />
“ We would generate this<br />
best practice system to<br />
accommodate every type of<br />
negotiation across the global<br />
procurement organization.<br />
a governance process that allows for<br />
changes to details that impact later in<br />
the flow, is no easy task. Fortunately,<br />
the software development was left<br />
to the experts. Meanwhile, we<br />
worked with Unilever on the<br />
architecture, approach, process,<br />
and a fit-for-purpose solution for<br />
all the procurement team members<br />
involved in transactional as well<br />
as big-ticket deals.<br />
Beyond being a workable tool, the<br />
system needed to deliver additional<br />
benefits. One was to nurture<br />
corporate memory, through data<br />
capture and insight analysis from past<br />
experiences, which the teams could<br />
learn from and use to inform future<br />
negotiation planning. <strong>The</strong> tool also<br />
needed to incorporate a reporting<br />
28
THE NEGOTIATION SOCIETY<br />
Pilot clients are<br />
benchmarking 1.5-2%<br />
improvement: equivalent to<br />
$75–100 million saving<br />
on a $5 billion spend.<br />
dashboard, to give managers and<br />
users visibility over negotiation<br />
calendars, resourcing, tasks,<br />
deliverables, and financial targets.<br />
Just over a year later, Unilever was<br />
ready to integrate the <strong>Negotiation</strong><br />
Toolkit across its direct and indirect<br />
procurement teams globally. <strong>The</strong>y<br />
also put the system forward for the<br />
Procurement Leaders Asia Congress<br />
Digital Solution award 2022 – which,<br />
gratifyingly, it won.<br />
SCALING A SYSTEM FOR<br />
THE GLOBAL MARKET<br />
So, this wrapped up what was<br />
essentially phase one of Enhance’s<br />
development journey – a negotiation<br />
toolkit specifically for the global<br />
procurement market that could<br />
integrate into any business<br />
operating on Unilever’s system<br />
of choice: PEGA.<br />
However, for this toolkit to scale<br />
and be truly global, we needed to<br />
move to phase two: create a SaaS<br />
based version that was platform<br />
agnostic. In other words, it could<br />
operate on any platform without<br />
restrictions. So, in 2022, we set<br />
to work developing a modular,<br />
enterprise-level, license-based<br />
SaaS solution that we have<br />
named: Enhance.<br />
Building on the blueprint of<br />
Unilever’s award-winning global<br />
procurement tool, Enhance benefits<br />
from additional functionality. This<br />
includes should-cost modeling<br />
and a vendor rating solution<br />
integrated within the flow. Client<br />
Engagement Services have been<br />
developed to support the Enhance<br />
system, providing business process<br />
mapping, implementation, and<br />
change management services,<br />
and support understanding, uptake,<br />
and engagement.<br />
Enhance is more than just a<br />
platform and a set of best practice<br />
processes. It incorporates <strong>The</strong> Gap<br />
Partnership’s methodology and<br />
approach to negotiation, featuring<br />
consulting advice and challenge<br />
through written and video guidance,<br />
and insights that support decisionmaking<br />
and planning development<br />
– all as if our consultants were in the<br />
room with you. Future developments<br />
involving AI and live chat options,<br />
analytics, and MIR are being<br />
discussed, but more on that later.<br />
For now, Enhance is proving to<br />
be an exciting addition to our digital<br />
portfolio. Not only will it support our<br />
consulting activities, providing the<br />
most up-to-date and comprehensive<br />
tool that we can use globally on all<br />
our consulting engagements, it will<br />
support our clients to prepare, plan,<br />
and execute all their negotiations<br />
to optimize value. Clients currently<br />
piloting the tool are benchmarking<br />
1.5-2% value improvement in<br />
negotiations managed through<br />
Enhance. Doing the math on that<br />
produces impressive stats: if the<br />
spend going through the tool is $10<br />
billion, then the value improvement<br />
is circa $150–$200 million!<br />
READY TO ENHANCE<br />
YOUR PROCUREMENT<br />
NEGOTIATIONS?<br />
Enhance will make its market<br />
debut at the Procurement Leaders<br />
World Procurement Congress in<br />
London on May 23–25, 2023.<br />
If you are going to be there, please<br />
come and see us. We would be<br />
delighted to talk to you and<br />
introduce you to a tool we believe<br />
will mark a step change in global<br />
procurement practices. TNS<br />
29
THE<br />
GENERATION<br />
GAP<br />
As Generation X prepare to take the leadership baton<br />
from soon-to-retire boomers, what are the implications<br />
for the future world of work? Jordan Steinohrt reports.<br />
30
THE NEGOTIATION SOCIETY<br />
Quietly, in 2022, we<br />
passed a milestone.<br />
With the average<br />
age of baby boomers<br />
– born 1946 to 1964 – now 67,<br />
more than half of that population<br />
are past the retirement age in the<br />
developed world. <strong>The</strong> next decade<br />
marks the end of the boomer era.<br />
Gen X – born 1965 to 1980 –<br />
will emerge as the leaders of the<br />
2030s, as Gen Z – born 1997<br />
to 2012 – establishes itself in the<br />
workforce. This generation shift<br />
is unlike any we have seen before.<br />
In the developed world, the<br />
boomer generation dwarfs that<br />
of Gen X. With their exit, the<br />
vacuum that is created will bring<br />
with it unseen economic challenges<br />
and exacerbate cross-generational<br />
communication problems.<br />
“What would you do if you were me?” she said.<br />
“If I were you-you, or if I were you-me?<br />
If you were me-me. If I were you-you” he said<br />
“I’d do exactly what you’re doing.”<br />
Robert Hass’ book "Time and Materials"<br />
ILLUSTRATION: GEORGIE SULLIVAN<br />
Despite this added pressure,<br />
the cross-generational narrative<br />
hasn’t changed much since the<br />
silent generation condemned<br />
the hyper-materialistic, postwar<br />
boomer children. Recently,<br />
clickbait phrases like ‘quiet<br />
quitting’, ‘quiet firing’, and ‘quiet<br />
hiring’ have given a new life to<br />
this narrative in the workplace.<br />
I had a conversation with a<br />
Gen X executive recently about<br />
how to motivate their younger<br />
staff. <strong>The</strong> conversation went as you<br />
would expect: “<strong>The</strong>se young people<br />
don’t want to work anymore…we<br />
give them opportunities to develop<br />
and expand their career and they<br />
just say no…how do they expect<br />
to get ahead in their career if they<br />
aren’t willing to work for it…the<br />
coming recession will sort them<br />
out and show them they can’t act<br />
this way and get away with it.”<br />
Why don’t we recognize this<br />
pattern? Every generation looks<br />
at the next with confusion and<br />
condescension; a version of<br />
“Back in my day…” or “When<br />
I was young…” is spouted as<br />
an undisputable fact without<br />
hearing the echo of our parents’<br />
voice ringing through our ears or<br />
recognizing that our generation<br />
is the one that raises the next.<br />
Communication<br />
and leadership<br />
across generations<br />
has always been<br />
a challenge, but<br />
with the added<br />
weight of the<br />
monumental<br />
demographic<br />
change promised<br />
by the next<br />
decade, it has<br />
never been more<br />
important that we do it effectively.<br />
In order to close this crossgenerational<br />
communication<br />
gap, leaders of tomorrow have to<br />
embrace, what I believe, is the most<br />
undervalued and undertrained<br />
skill in communication: listening.<br />
Boring, right? Well, yes! But<br />
also no. Really listening can be<br />
one of the most interesting and<br />
challenging things a leader can<br />
do because it requires them to<br />
let their guard down and<br />
reconsider their assumptions. But,<br />
it can also be incredibly boring if<br />
the task is not properly understood.<br />
Let’s start with the basics. In<br />
Michael P. Nichols, Ph. D., book<br />
“<strong>The</strong> Lost Art of Listening,” he<br />
proposes the seemingly radical idea<br />
that most people are rational, at<br />
least from their own perspective,<br />
and that most miscommunications<br />
come from ineffective empathetic<br />
listening between people.<br />
How does this relate to leading<br />
across the generational gap? Well,<br />
how often have you heard from<br />
Gen X that millennials are entitled<br />
and don’t want to work hard? How<br />
often have you heard from Gen Z<br />
that boomers are bigoted? <strong>The</strong><br />
uncomfortable reality is that we are<br />
all products of our environment to<br />
a larger extent than we would like<br />
to admit. Each generation is right<br />
about themselves and everyone<br />
else…from their own perspective.<br />
But empathetic listening relies on<br />
the simple premise that…“if you<br />
were them, you would behave<br />
exactly the same.”<br />
For leaders to become effective<br />
listeners the question becomes,<br />
“What would have to be true for<br />
their behavior to be rational?”. At<br />
no point do you have to agree with<br />
their perspective to be an effective<br />
listener, but understanding and<br />
empathizing can help you make<br />
better decisions and communicate<br />
more effectively.<br />
Let’s consider the conversation<br />
I had with a Gen X executive<br />
at the beginning of this article.<br />
What would have to be true to<br />
make the Gen Z approach they<br />
outlined rational?<br />
“<strong>The</strong>se young people don’t<br />
want to work anymore.”<br />
Maybe Gen Z grew up in a<br />
world where their adult future is<br />
overshadowed by the narrative of<br />
climate change? Why would they<br />
sacrifice the now when the future<br />
looks so bleak?<br />
31
Maybe they look at the property<br />
market, their huge university debt,<br />
and the slow growth of real wages<br />
and see all the things, like owning<br />
a house or having a family, that<br />
you were willing to sacrifice for<br />
as unobtainable? So why would<br />
they work hard for something<br />
that seems so unachievable?<br />
"We give them opportunities to<br />
develop and expand their career<br />
and they just say no."<br />
Maybe Gen Z grew up in a<br />
world of visible inequality in the<br />
west? “Occupy Wall Street”, “<strong>The</strong><br />
1%” and “Eat the Rich” are part<br />
of the cultural zeitgeist on social<br />
media. Maybe as a result they<br />
don’t trust the system of which<br />
you appear to be a voice? So, when<br />
you say, “I have an opportunity”,<br />
they hear, “I want you to work<br />
harder for free.”<br />
“How do they expect to get ahead<br />
in their career if they aren’t willing<br />
to work for it?”<br />
Maybe they saw their parents,<br />
who were loyal employees, get<br />
made redundant in the Global<br />
Financial Crisis? Consequently,<br />
their attitude towards the businessemployee<br />
relationship might be<br />
more transactional. Why would<br />
they work hard now on a promise<br />
of advancement they don’t believe<br />
they can trust?<br />
around and say “I told you so,<br />
this was always a transactional<br />
relationship. You proved it<br />
when it got tough and you<br />
made me leave.”<br />
<strong>The</strong>se explanations might<br />
not be the reason why these<br />
trends are appearing in the<br />
workplace, but that isn’t the<br />
point. If these were the<br />
reasons, then suddenly Gen Z<br />
attitudes are entirely rational…to<br />
them. Ask questions and try to<br />
understand what is driving your<br />
teams’ behavior, then empathetically<br />
listen to their answers. What they<br />
say is not a challenge to you, or the<br />
way you did things. It is their<br />
perspective, and nothing you believe<br />
changes their experience. Avoid<br />
making assumptions about their<br />
character. After all, “If you were<br />
them, you would behave exactly<br />
the same.”<br />
How then could you adjust<br />
your behavior to influence for<br />
the outcome you want?<br />
In the example that we have<br />
been discussing, by listening to<br />
your team, you might recognize<br />
that Gen Z are more likely to<br />
have a transactional relationship<br />
to work. You may need to invest<br />
more time into building trust<br />
outside of professional boundaries<br />
if you want change. To get more<br />
from Gen Z, you will need to<br />
give more to them and plan<br />
your business so that it<br />
operates in a way that<br />
provides a structural<br />
competitive advantage to<br />
your organization.<br />
Now this is obviously a twoway<br />
street and younger generations<br />
need to take the same approach<br />
with their leaders, but as leaders,<br />
why would you expect new team<br />
members to do that for you<br />
if you aren’t willing to do the same<br />
for them?<br />
<strong>The</strong> fact of the matter is, with<br />
the vacuum created by boomers<br />
exiting the labor market in the<br />
next decade, it is poised to force<br />
cross-generational communication<br />
and dependence like never before.<br />
This added pressure could result<br />
in an explosion of generational<br />
mudslinging, but the businesses<br />
who manage it best and thrive in<br />
this fast-changing interdependent<br />
world will be the ones who have<br />
leaders who know how to listen<br />
and cut through multi-faceted<br />
lived experience, to communicate<br />
clearly to build the trust needed<br />
to collaborate. TNS<br />
“<strong>The</strong> coming recession will sort them<br />
out and show them that they can’t<br />
act this way and get away with it.”<br />
Maybe they will see being<br />
made redundant during the<br />
recession as validation of their<br />
previous beliefs? Maybe it will<br />
have the opposite effect to what<br />
you think because they will turn<br />
32
THE NEGOTIATION SOCIETY<br />
Culture in negotiation:<br />
Different and<br />
the same<br />
Eelco Modderman is our managing partner of APAC.<br />
Taking on the mantle of <strong>The</strong> Traveling Negotiator,<br />
he continues to grapple with the role culture plays<br />
(or not) in negotiation.<br />
Welcome back to our<br />
Culture series. In this<br />
episode, I explore<br />
how culture can shape<br />
behavior, which in turn shapes the<br />
process of our negotiations.<br />
Working with clients and<br />
colleagues across Asia-Pacific, I am<br />
forever inspired by the diversity<br />
of people’s behavior and the<br />
environments in which business is<br />
conducted. Arriving at the same<br />
outcome requires very different<br />
approaches, depending on what<br />
country you are in. Even more so<br />
when under pressure, and the future<br />
of a business and its people are<br />
on the line.<br />
In China, for instance, the<br />
concept of ‘guanxi’ underpins<br />
many negotiations. ‘Guanxi’ is the<br />
importance of building a trustbased<br />
relationship. Trust as a true<br />
friend. This takes time, effort, and<br />
energy to achieve. So how do you<br />
build that into your negotiation?<br />
How do you create that<br />
appropriate relationship for the<br />
deal you need to make, even before<br />
you ever talk about any deal?<br />
Next, let’s head to Japan. Although<br />
strongly hierarchical, Japan is also one<br />
of the most consensual societies in the<br />
world. <strong>The</strong> ‘ringi’ system of decision<br />
making is essentially a management<br />
technique in which lower-level<br />
managers discuss an idea among<br />
themselves, come to a consensus,<br />
and then present it to managers<br />
one level higher. It is hierarchical<br />
and consensual, all at the same<br />
time. Generally, authority remains<br />
within rather than on top of the<br />
organization. In traditional Japanese<br />
companies, the corporate office, not<br />
the president, holds the power. In<br />
contrast, Western companies hold a<br />
president, leadership team, or board<br />
of directors as the power structure.<br />
So yes, these global differences<br />
mean negotiations flow differently.<br />
But…does it mean that the<br />
psychology of negotiation is different?<br />
Or that the philosophy and concepts<br />
need to be adjusted from one country<br />
to another? On the surface, that<br />
sounds logical, but I don’t think<br />
it’s true. We are all just people<br />
negotiating with people, and are often<br />
more than the product of the culture<br />
we grow up in (remember my kids<br />
from last time?) and work in. One<br />
“ When we negotiate<br />
across multiple cultures,<br />
misunderstandings can<br />
lie around every corner.<br />
Dutch person can be stereotypically<br />
blunt, while another may be much<br />
less so.<br />
In my travels, I’ve found the same<br />
concepts of negotiation hold true<br />
anywhere in the world. For example,<br />
there are different types<br />
of situations; you need to<br />
consider the other person’s<br />
needs (not just your own),<br />
and you need to take charge of<br />
your behavior. What is different<br />
is how you adapt and adjust.<br />
Sure, how you plan and what<br />
you plan for will be different, and<br />
that is true everywhere! In China,<br />
strong negotiators will build in the<br />
right time and approach to building<br />
‘guanxi’. In Japan, it is crucial to<br />
ensure planning allows for consensus<br />
building so that your counterparty is<br />
enabled to accept your offer.<br />
Despite how global the world is<br />
these days, many of us will operate<br />
mostly within our own culture<br />
set, in our native language, where<br />
unwritten rules are much easier to<br />
interpret and build in. It only tends<br />
to become tricky where the full<br />
global diversity is involved. Indeed,<br />
when we negotiate across multiple<br />
cultures, misunderstandings can lie<br />
around every corner. How do you deal<br />
with that? I would love to hear your<br />
thoughts and experience so<br />
that, perhaps next time, we<br />
can dig deeper into that.<br />
For now, my tips are to be<br />
true to your own culture, be<br />
conscious of the other party,<br />
and be in charge of your<br />
behavior. Most importantly,<br />
whatever you do, please<br />
(please!) make and take<br />
enough time to plan. TNS<br />
33
Tricks of my Trade<br />
Managing Partner EMEA, Marc Wehrum shares insights on leadership,<br />
how mentorship shaped his career, and what it takes to be a role model<br />
for future generations of leaders.<br />
<strong>The</strong> <strong>Negotiation</strong> <strong>Society</strong>: Tell us about life before<br />
<strong>The</strong> Gap Partnership.<br />
Marc: I spent 15 years with Mars where I had seven different<br />
roles in four different countries, starting as a sales systems<br />
manager and ending up as general manager (GM) based<br />
in Paris.<br />
TNS: Is there a defining moment that shaped the path you<br />
have taken?<br />
Marc: For me it was more of a defining person. When I<br />
worked at Mars Drinks, a vacancy in the GM role came up<br />
and there was one person who I greatly admired and wanted<br />
to have in that position. We went for a walk one afternoon<br />
and I expressed my desire to work for him. What ensued<br />
was five years working for this brilliant leader, learning all<br />
the skills I possess today. Together we achieved an immense<br />
amount, and I owe my professional career to this person.<br />
Sometimes, all it takes is finding that special mentor.<br />
TNS: How have your negotiation skills evolved?<br />
Marc: <strong>Negotiation</strong> has always been part of my job. I went on<br />
<strong>The</strong> Complete Skilled Negotiator training ten years ago and<br />
this truly changed my life and professional journey. <strong>The</strong> part<br />
that I integrated into my daily work the<br />
most was the creativity I learned.<br />
To illustrate, the IT department<br />
at Mars Drinks had to modify<br />
its SAP system for one of the<br />
biggest deals at Mars Drinks.<br />
Thanks to the out-of-the-box<br />
thinking I learned from the<br />
training, a deal we wouldn’t<br />
have won otherwise. Time<br />
did not change the way<br />
I negotiated, but the training<br />
I received changed my<br />
life forever.<br />
TNS: What is most important in leadership?<br />
Marc: True leaders’ primary focus should be how they<br />
can help those around them reach their full potential and<br />
become the best versions of themselves. <strong>The</strong> legacy a leader<br />
leaves behind is not the impact they make on the business,<br />
but rather the mark they leave on the people they helped<br />
to grow.<br />
TNS: What is the connection between negotiation<br />
and leadership?<br />
Marc: <strong>The</strong> most significant challenge is having the right<br />
people in the right place at the right time. This requires<br />
constant negotiation between what is possible now versus<br />
what is desired in an ideal world.<br />
TNS: What’s the best thing about your role?<br />
Marc: <strong>The</strong> opportunity to serve as a role model for future<br />
generations of leaders. It’s incredibly rewarding to imagine<br />
that, in the future, I may have helped others achieve<br />
fulfilling and successful careers through the leadership<br />
I provide.<br />
TNS: What is the most challenging part of your role?<br />
Marc: Undoubtedly when individuals whom I believed<br />
would grow and develop do not progress as envisioned.<br />
In these situations, separation becomes the only<br />
viable option.<br />
TNS: What advice helped you develop as a leader?<br />
Marc: People value a leader who provides open and<br />
candid feedback, even if it may be difficult to receive.<br />
Feedback is critical for personal growth and development,<br />
and leaders who avoid tough conversations to maintain<br />
a sense of ease will ultimately fail to make their team<br />
grow and learn. <strong>The</strong>refore, creating a feedback culture<br />
is the most important aspect of my current role.<br />
Investing the effort in establishing such<br />
a culture within an organization,<br />
while at times challenging and<br />
time consuming, will be<br />
handsomely rewarded. TNS<br />
Listen now on our podcast<br />
Don’t miss out on the full interview –<br />
tune in to <strong>The</strong> <strong>Negotiation</strong> <strong>Society</strong><br />
podcast on your favorite platform.<br />
34
THE NEGOTIATION SOCIETY<br />
Lance Ward<br />
Lead, negotiate,<br />
succeed.<br />
As leadership and negotiation are two of my<br />
passions, people often ask me which leadership<br />
skills enable me to be an effective negotiator.<br />
In truth there are many intersecting skills, but<br />
I believe two sit at the top of the list: communicating for<br />
effect, and exploring options while maintaining control.<br />
Everyone knows you must tailor your message to your<br />
audience. I take that a step further: you must tailor the<br />
entire communication to your audience. This includes<br />
not only your words, but also the tone, demeanor, and<br />
energy with which they’re delivered. For example, when<br />
communicating a message about poor performance to<br />
my leadership team, I may choose a direct, serious and<br />
fiery tone. But if conveying a similar message to a team<br />
of junior sales managers, I choose different words and<br />
dial down the directness, seriousness, and energy with<br />
which the message is communicated. That’s because the<br />
entire communication must be packaged in a way that<br />
best enables the audience to hear, process, and act upon<br />
the information. If it’s inappropriately packaged, the<br />
receiving party could feel overwhelmed and shut down,<br />
or if the message is watered down, importance isn’t felt<br />
and related actions don’t get the appropriate urgency.<br />
Communicating for effect is just as important<br />
in negotiation. Whenever you interact with your<br />
counterparty, you should have a clear objective.<br />
People often craft a communication plan in advance<br />
of key meetings, but rarely take that beyond just the<br />
words. But the directness, demeanor, and energy with<br />
which the plan is communicated is often even more<br />
“ Whenever you interact with<br />
your counterparty, you should<br />
have a clear objective.<br />
important to get right. If we don’t appropriately tailor<br />
the entire communication we won’t efficiently move our<br />
organizations in the right direction when we lead, and<br />
we won’t move our counterparties at the right pace when<br />
we negotiate.<br />
It’s common knowledge you need to be in control if<br />
you’re going to be effective at leadership or negotiating.<br />
What I think is commonly<br />
misunderstood is the concept of<br />
control. My understanding of effective<br />
control has evolved through years<br />
of experience and self-reflection.<br />
I originally thought that<br />
control meant<br />
orchestrating<br />
an initiative<br />
so the<br />
objective was<br />
achieved by<br />
diligently<br />
following<br />
the predetermined path on an unwavering timeline.<br />
But upon reflection, my actions were often driven by<br />
an inappropriate level of confidence. Too little confidence<br />
and I tended to shut down alternate views because I had<br />
neither the knowledge to quickly assess the information,<br />
nor the experience to understand if or how to incorporate<br />
it into the plan.<br />
Conversely, too much confidence could lead to an<br />
impatient mindset that didn’t effectively engage those<br />
around me. Without the appropriate level of confidence<br />
people tend to exert too much control for fear of getting<br />
off ‘their’ track. This may provide short term results, but<br />
ultimately you’ll hit a ceiling for the impact you have<br />
on and for your organization.<br />
True confidence is key to effectively maintaining<br />
control while driving the best outcome. It allows you<br />
to efficiently and effectively explore options from those<br />
around you. <strong>The</strong> best outcome is always a result of a<br />
team effort. When leading it means engaging the team<br />
earlier to explore options you wouldn’t normally consider.<br />
When negotiating collaboratively it means engaging<br />
your counterparty earlier to explore options that would<br />
improve the outcome for both parties. Without true<br />
confidence all options are viewed as distractions. Instead<br />
we need to listen, process, and evaluate alternatives to<br />
determine whether they can be potentially powerful<br />
plan improvements.<br />
Only through confidence in ourselves, but humility<br />
to learn from others, can we be the most effective<br />
leaders and negotiators.” TNS<br />
Lance Ward is Managing Partner Americas<br />
at <strong>The</strong> Gap Partnership.<br />
35
QUESTION<br />
TIME<br />
We asked our expert panel to give us their<br />
considered yet concise response to this<br />
question: “Can you negotiate your way<br />
to the top?”<br />
Kate Webber<br />
Head of Product Strategy, Northern Trust<br />
Founder of Women in Asset Servicing<br />
Negotiating well starts with<br />
understanding your own value. Many<br />
of us will have heard that women tend<br />
to wait until they are certain they can<br />
do 90% of a job before applying for it<br />
(as opposed to more like 50% for men).<br />
It’s a general statement but nonetheless<br />
still resonates. But it’s an approach<br />
that limits us because our value for<br />
an organization isn’t confined to the<br />
skills we can demonstrate immediately.<br />
Equally important is the value brought<br />
by learning and growing with an<br />
employer over time.<br />
Value is more than pay and benefits<br />
– it’s about how an organization treats<br />
its people and sponsors its talent.<br />
When you value yourself and refuse<br />
to be deflected from that, yes you can<br />
negotiate to the top. Being part of a<br />
positive culture is an enabler for great<br />
negotiation, personal ambition, and<br />
long-term success – and shows that<br />
your employer values you in return.<br />
36
THE NEGOTIATION SOCIETY<br />
Carl Marr III Nancy Kilany Richard Woodward<br />
Senior Consultant,<br />
<strong>The</strong> Gap Partnership<br />
COO,<br />
Prime Financial Solutions<br />
Partner,<br />
<strong>The</strong> Gap Partnership<br />
Early in my career I was told,<br />
“It’s not what you know, but who<br />
you know.” That was many years ago,<br />
and the economic environment has<br />
since become increasingly competitive.<br />
It’s no longer about who you know,<br />
but rather, what value you bring to<br />
the table.<br />
I don’t believe you can negotiate<br />
your way to the top, but negotiation<br />
can accelerate your ascension. A<br />
key component of negotiation is<br />
understanding what variables are<br />
important to the counterparty. In<br />
my experience there are four: exceed<br />
revenue goals, increase effectiveness<br />
and efficiency of resources, cut cost,<br />
and stay compliant.<br />
Once you understand these and<br />
how they’re prioritized, you can craft<br />
your proposal for the role. “If you hire<br />
me, I can exceed the revenue plan by….”<br />
Or, “If you hire me, I can improve the<br />
effectiveness and efficiency of…”<br />
This framework for trading value<br />
can be effective during internal<br />
negotiations and when used effectively<br />
can accelerate your trajectory to<br />
the top!<br />
As a woman in the corporate<br />
world, negotiating your way to the<br />
top is challenging but not impossible.<br />
<strong>The</strong> use of smart tactics will help you<br />
achieve success.<br />
Build networks by cultivating<br />
relationships with senior executives,<br />
mentors, and peers who provide you<br />
with guidance and opportunities.<br />
Develop skills, take on challenging<br />
projects and seek feedback,<br />
demonstrating your value to<br />
the organization.<br />
Be assertive: ask for what you want,<br />
negotiate for better pay, and advocate<br />
for yourself. And, be strategic: identify<br />
decision-makers and influencers in<br />
the organization and align your goals<br />
with their’s to gain support. Embrace<br />
diversity to enhance your perspective<br />
and generate innovative ideas. Believe<br />
in yourself, take risks and persevere<br />
through setbacks.<br />
Finally, balance work and life<br />
by prioritizing your personal and<br />
professional goals to avoid burnout<br />
and maintain focus. It is possible:<br />
you can negotiate your way to the<br />
top as a woman, and as a professional,<br />
within a corporate environment.<br />
Negotiating your way to the top<br />
is not for the fainthearted, but if<br />
you’re cunning and you’ve got some<br />
serious negotiation skills, you can<br />
absolutely pull it off.<br />
Know your worth, be confident<br />
in your abilities, and don’t settle<br />
for less than you deserve. To give<br />
yourself the edge, pay attention to<br />
what others say and understand<br />
their motivations. Don’t be afraid to<br />
think outside the box, as the more<br />
innovative you are in your approach,<br />
the more likely you are to succeed.<br />
Stay flexible and be prepared<br />
to make compromises, adjusting<br />
your strategy to adapt to changing<br />
circumstances. Remain in control,<br />
one step ahead of the conversation,<br />
and keep people guessing, as they’ll<br />
value things more the harder they<br />
are to obtain!<br />
So, can you negotiate your way to<br />
the top? Yes! But be prepared as you<br />
may need to continue negotiating to<br />
stay there. TNS<br />
37
DEAR GRAHAM<br />
<strong>The</strong> Gap Partnership’s CEO, Graham Botwright, tackles questions on<br />
high-performance procurement, negotiating with leadership teams,<br />
and how to take a negotiation temperature check of your business.<br />
Q: I work in procurement<br />
and spend a lot of time focused<br />
on saving money in bigger<br />
negotiations, often ignoring the<br />
smaller ones because it’s simply<br />
too time consuming. How could<br />
we adopt a better approach?<br />
G: It makes sense to<br />
concentrate your efforts on the<br />
highest value deals as you’ll achieve<br />
your biggest returns there. However,<br />
there can be significant value held in<br />
a large number of smaller vendors.<br />
Segmenting vendors allows you to<br />
build a common approach for multiple<br />
negotiations. Don’t segment just on<br />
size. Consider your dependence<br />
and alternatives.<br />
Build a strategy and plan for<br />
each segment, taking into account<br />
your orientation: competitive versus<br />
co-operative; your approach<br />
to value based on the<br />
dependence, i.e. take, share<br />
or give; your objectives from<br />
vendors in this segment;<br />
and finally, key negotiation<br />
milestones, accountabilities,<br />
triggers, actions and<br />
reporting mechanism.<br />
<strong>The</strong>n communicate<br />
this plan to internal<br />
stakeholders who manage<br />
the relationships with each<br />
vendor day-to-day.<br />
If you want to invest in support,<br />
Enhance is a powerful SAAS platform<br />
that facilitates the whole process so you<br />
can seamlessly manage negotiations<br />
with large numbers of smaller suppliers<br />
and maximize the value of every deal.<br />
Q: I don’t feel empowered to<br />
negotiate with the leadership team<br />
at my company because they hold<br />
all the cards. What can I do to<br />
strengthen my position?<br />
G: I wonder what your leadership<br />
team think? Often we credit the other<br />
party with more cards than they really<br />
have. I wonder if they feel you hold<br />
more bargaining strength than you do?<br />
Be clear about what you’re trying to<br />
achieve: a richer budget, salary increase,<br />
more resources, more time, etc. <strong>The</strong>n be<br />
clear about what you’ll deliver in return.<br />
“Don’t become entrenched<br />
by ‘principle’, keep looking<br />
at alternative approaches.<br />
<strong>The</strong>n assess how sensitive to trust<br />
your relationship negotiating skills<br />
will be. If low sensitivity, you can be<br />
more demanding in the short-term.<br />
If more sensitive, consider a longerterm<br />
strategy and build value through<br />
tangible results. Either way you<br />
can’t walk away quickly, so there is<br />
dependency both ways.<br />
Build a plan that considers how<br />
you’ll seed the benefits from an early<br />
stage. Create advocacy in others so<br />
they preach your message. Think about<br />
whether asking for significantly more<br />
than you expect to get will help your<br />
cause or damage trust.<br />
Take the initiative and make the<br />
first proposal, assertively. Listen<br />
to the response but don’t react<br />
emotionally. Be firm but flexible,<br />
creating increasing value for<br />
your leadership team (as well<br />
as yourself ) as you explore a<br />
solution. Don’t become entrenched<br />
by ‘principle’, keep looking at<br />
alternative approaches. Conclude<br />
the negotiation by giving your<br />
leadership team satisfaction, so they<br />
feel they’ve achieved what they need<br />
to and have done a great job.<br />
And make sure you over-deliver<br />
on your commitments so that next<br />
time you have even more power!<br />
Q: As a commercial leader, how<br />
can I better understand where our<br />
negotiation strengths and weaknesses<br />
as an organization lie?<br />
G: I would advise you<br />
to conduct a negotiation<br />
culture index (NCI) analysis.<br />
This assesses your company’s<br />
commercial maturity in<br />
three areas: people, process,<br />
and organization. <strong>The</strong>se<br />
are then broken down<br />
further into nine different<br />
competencies, which are<br />
benchmarked alongside<br />
other organizations against<br />
these competencies.<br />
An NCI clarifies your market<br />
performance, identifying where you<br />
can capitalize on strengths and where<br />
your flaws expose you to unnecessary<br />
risk. It examines functional,<br />
departmental and geographic detail.<br />
Some organizations dive deeper into<br />
individual capability, considering<br />
development planning and<br />
capability building.<br />
Following the survey, you will<br />
receive a detailed report and a strategic<br />
development plan, prioritizing<br />
actions to address the findings. TNS<br />
38
THE NEGOTIATION SOCIETY<br />
CROSSWORD<br />
Our fiendishly challenging British-style crossword returns.<br />
1 2 3 4 5 6 7 8<br />
9<br />
10 <strong>11</strong><br />
12 13<br />
14<br />
15 16 17 18<br />
19 20 21<br />
21 Keep horse, for example,<br />
around and working (7)<br />
22 Suspect sailor’s about to dance (5)<br />
24 Appeal to Barnaby’s mind (8)<br />
27 Man will broadcast statistic<br />
about moon shown by<br />
astronomical instrument (9)<br />
28 Opening apparent in<br />
moleskin trousers (5)<br />
29 Starter of negroni’s boring,<br />
mine is a beer! (4)<br />
30 Infer uncle is wasted as guide (10)<br />
ILLUSTRATION: WWW.CARTOONSTOCK.COM<br />
22 23 24 25<br />
27 28<br />
29 30<br />
ACROSS<br />
1 Broker got irate with no<br />
representation (10)<br />
6 Huge virtual photo (4)<br />
10 See 21 down<br />
<strong>11</strong> Learning no one’s returned<br />
English gold coin found at<br />
the front (9)<br />
12 Pass on right − cutting in<br />
produces slide (8)<br />
13 Thanks you once Henry left<br />
to find American mammal (5)<br />
15 Record one’s poem section (7)<br />
17 Notification by letter: ‘Rector’s<br />
accommodation’s in flood’ (7)<br />
19 Discontinued but<br />
dispatched object (7)<br />
" I think you’ll find my leadership style pretty direct."<br />
26<br />
DOWN<br />
1 Steal chip (4)<br />
2 Supplies hairy Roger with ices (9)<br />
3 Consumer coming from<br />
nameless ship (5)<br />
4 It’s normal to state how<br />
old you are (7)<br />
5 Abundant work, you say,<br />
taken on fast (7)<br />
7 Foundation of Antwerp −<br />
old, international place (5)<br />
8 Advice from firm libelous<br />
when not independent (10)<br />
9 Take account of plant,<br />
briefly popular (6,2)<br />
14 Traveling dealer’s<br />
trendy direction (10)<br />
16 Crook is one who<br />
makes connections (8)<br />
18 Space unit with alien<br />
I see is potent (9)<br />
20 People without recognition<br />
primarily function as Chinese (7)<br />
21/10 Like Italian watch,<br />
a modern timepiece (7,5)<br />
23 Fruit machine’s heading for Musk (5)<br />
25 Idiot in U.A.E. heartless<br />
to make consolidation (5)<br />
26 Time to give my royal speech (4)<br />
For solutions email<br />
hello@thenegotiationsociety.com<br />
39
Interviews. Insights. Inspiration.<br />
Now on our podcast.<br />
<strong>The</strong> <strong>Negotiation</strong> <strong>Society</strong> podcast serves up interviews with diverse<br />
and inspirational leaders from around the world, finding out along<br />
the way what makes them tick, how they got to where they are<br />
today, and the role that negotiation has played. Expect candor,<br />
insight, and (naturally), plenty of negotiation learning.<br />
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