SlideShare a Scribd company logo
Your Business Future
The Art of Negotiation
Negotiation at is Finest
http://youtu.be/xjQ5OomkVpg
The Basics of Negotiation
ļ‚— Both sides benefit
ļ‚— Create a new better situation
ļ‚— Avoid Unfair deals
ļ‚— Win-win best deals
ļ‚— Negotiation can be learned & practiced
Negotiation Strategies
Soft Negotiators
ļ‚— Avoid conflict at any cost
ļ‚— Usually don’t stand up for their best interests
Hard Negotiators – Win - Lose
ļ‚— Aggressive and competitive
ļ‚— May use threats of bluffs
ļ‚— Not trusting or trustworthy
Win-Win Negotiators
ļ‚— Work towards the best outcome for all
ļ‚— Flexible, but can be firm when it’s appropriate
ļ‚— Attack problems, not people
Interests vs. Position
ļ‚— Position is what you say you want: more
money, faster turnaround, larger orders
ļ‚— Interests is what you actually need in
order to be successful
Don’t get in the trap of arguing
your position and end up with
not satisfy your interests
Stages of Negotiation
ļ‚— Setting an Agenda
ļ‚— Voicing Demands and Offers
ļ‚— Working to Minimize Differences
ļ‚— Closing the Deal
Overcoming Problems
 Manipulative behavior
 Listen
 Be in other person’s shoes
 Stressful, slow down & regroup
 Don’t make decisions on the spot
 Ok to walk away
D & I
ļ‚— Dominance: Direct & Decisive. D's are
strong-willed, strong-minded people who
like accepting challenges, taking action,
and getting immediate results
ļ‚— Influence: Optimistic & Outgoing. I's are
"people people" who like participating on
teams, sharing ideas, and energizing
and entertaining others
S & C
ļ‚— Steadiness: Sympathetic & Cooperative. S's
are helpful people who like working behind
the scenes, performing in consistent and
predictable ways, and are good listeners
ļ‚— Conscientiousness: Concerned & Correct.
C's value quality and like planning ahead,
employing systematic approaches, and
checking and re-checking for accuracy
Examples
http://youtu.be/UEpfFN7JAvc
http://youtu.be/zHPlWSzHEEY
http://youtu.be/RcKfn3FJNEo
http://youtu.be/KFnoAQp6lSo
http://www.resourcesunlimited.com/shop/Di
SC_Classic_Profile_Online.asp
DISC Profiles and Resources
Some Reasons to Grow Your Business
 Increasing profits
 Gaining or maintaining market share
 Getting volume discounts
 Targeting new customer segments
 Better serve the customer (through new
location, new products, lower prices, etc.)
Uncontrolled growth is deadly to your business
Pitfalls of Unmanaged Growth
ļ‚— Short-term growth
ļ‚— Maintain quality
ļ‚— Low employee
morale
ļ‚— High turnover
ļ‚— Loss of customer
loyalty
ļ‚— Cash crunch &
bankruptcy
ļ‚— Inefficient use of
resources
ļ‚— Stress and burnout
ļ‚— Loss of profitability
Cash
is
Review the biggest drains on
cash flow
Why Lean Office?
Why a Lean Office?
ļ‚— 60%-80% of costs are administrative costs
ļ‚— Allows work to be released accurately
ļ‚— Payment received faster
ļ‚— Improves morale
ļ‚— Improves productivity
ļ‚— Improves bottom line
Understanding Waste
Waste: anything that adds cost or time
without adding value
Croll Productive Synergy Organizational Chart
CEO
Cynthia Marsh-
Croll
Marketing
Marketing Plan
Development
Advertising
New Product
Development
Sales
Networking &
Prospecting
Data collection
& Pitching
clients
Accounting &
Finance
Financial
Forecasting &
Tax Planning
AP & AR
Operations &
Development
Customer
Fullfillment
Customer
Problems
IT
Tecnical Suppot
& Cloud
Support
Cloud & Server
maintenance &
Support
Legal
Contract
Development
New Product
protection
Administration
Database
Management
Document
Management
Scheduling
Blue – Outsourced to outside service
Pink – Certain tasks or processes outsourced and some functions in
house
Clear – all functions in house
Croll Productive Synergy Organizational Chart
Value Stream Map
The visual representation of the
processes (work units and
information) required to meet
customer demand
Takt Time
Takt Time - the time which synchronizes work or
service required to customer demand
Takt time =
Total Daily Available Time
Total Daily Work or Service Requirement
Automation Through
Technology
Scanners
Sales & Contact Management
ļ‚— Tracking
ļ‚— Scheduling
ļ‚— Converting to
Customer
ļ‚— Follow up
ļ‚— Quality Control
ļ‚— Marketing
ļ‚— Auto
Responders
ļ‚— Sales training
ļ‚— Reports
Contact Management Selection
ļ‚— Have a list of requirements & criteria
ļ‚— Priority order
ļ‚— Must Have and Like to Have
ļ‚— Do the online demo for each
ļ‚— Take a test drive
ESP Session 11-2014
ESP Session 11-2014
Contact Management Software
KLPZ – Prospecting Tool
www.contactscience.co
m/
Oprius – Free Contact
Manager
http://www.oprius.com/
Goldmine - CRM
http://goldmine.com/
eSalesTrack - CRM
http://www.esalestrack.co
m/
ACT! – CRM
http://www.act.com/
ZOHO – Free CRM
http://www.zoho.com
Sugar – Free CRM
http://www.sugarcrm.com/cr
m/
vTiger – Free CRM
http://www.vtiger.com/
FreeCRM
http://www.freecrm.com/
SalesJunction – CRM
http://www.salesjunction.co
m/
Bookkeeping
ļ‚— Financial Health
ļ‚— Cash Flow Analysis
ļ‚— Budget
ļ‚— Analysis
ļ‚— Monthly, Quarterly,
Yearly
ļ‚— Reduced Accountant
Fees
ļ‚— Delegate
ļ‚— QuickBooks
ļ‚— Peachtree
ļ‚— FreshBooks
Which One Will be You?
QUESTIONS
Cynthia Marsh-Croll
cmc@CrollPS.com
ProductiveSynergy.biz
845-649-2778
Case Study on Growth
• Break into groups of 4
• Read the Herbal Essence Case
Study
• What do you do in the next 30
days?

More Related Content

PPTX
Bogdan Onyshchenko: ŠÆŠŗ стати кращим ŠŸŃ€Š¾Š“акт ŠœŠµŠ½ŠµŠ“Š¶ŠµŃ€Š¾Š¼? 11 пораГ Š· особистого...
PDF
Product Management 101
PPT
Enstrata Business Model
PPT
Transitioning from Tech to Product Management
PPTX
Six Sigma Quality Waiting
PPTX
Curing Shiny object syndrome
PDF
Roadmapping workshop - Bruce McCarthy
PPTX
2018EFI01 The Ultimate Pitch
Bogdan Onyshchenko: ŠÆŠŗ стати кращим ŠŸŃ€Š¾Š“акт ŠœŠµŠ½ŠµŠ“Š¶ŠµŃ€Š¾Š¼? 11 пораГ Š· особистого...
Product Management 101
Enstrata Business Model
Transitioning from Tech to Product Management
Six Sigma Quality Waiting
Curing Shiny object syndrome
Roadmapping workshop - Bruce McCarthy
2018EFI01 The Ultimate Pitch

What's hot (20)

PPTX
xbig6 services and solutions
PDF
7 common mistakes to avoid when outsourcing
PPTX
Project management lite ver 0 0-0-1
PDF
Bosses Deals and Code
PDF
Technical advocate best_practices_kruemcke
PDF
Product Thinking in Technology
PPTX
Five ways Agile makes your business smarter, faster and better prepared for t...
PPT
Sales Challenges Holding You Back?
PDF
Project Profitability
PDF
How To Build A Business Case For A Learning Platform
PDF
Buy-in: Getting to the yes - Deepak Thakral
PPT
Who Is Sm&A
PPTX
What is the Break-Even for your business?
PPTX
Fast Track Your Business with Outsourcing
PPTX
Free mind swot analysis
PPT
Building lean products with distributed agile teams
PDF
Management consulting case interview workshop
PPT
Customer Service
PPT
Now You Have Funding
PDF
Lean Startup- Key concept in 45 mins
xbig6 services and solutions
7 common mistakes to avoid when outsourcing
Project management lite ver 0 0-0-1
Bosses Deals and Code
Technical advocate best_practices_kruemcke
Product Thinking in Technology
Five ways Agile makes your business smarter, faster and better prepared for t...
Sales Challenges Holding You Back?
Project Profitability
How To Build A Business Case For A Learning Platform
Buy-in: Getting to the yes - Deepak Thakral
Who Is Sm&A
What is the Break-Even for your business?
Fast Track Your Business with Outsourcing
Free mind swot analysis
Building lean products with distributed agile teams
Management consulting case interview workshop
Customer Service
Now You Have Funding
Lean Startup- Key concept in 45 mins
Ad

Similar to ESP Session 11-2014 (20)

PPT
Are You Cut Out For Consulting
PPT
Are you cut out for consulting
PPT
SanfordFox Vdsp
PPTX
You_Exec_-_Sales_Strategies_Toolkit_Free.pptx
PPT
Communication presentation 2010
PPTX
CCNS Webinar
PPT
Cn 5 Day Presentation
PPTX
Eos ala vendor choice
PPT
E C L004 Dokich 091807
PPTX
Requirements
PDF
Getting buy in on your optimization program
Ā 
PPTX
Marketing Automation 101
PPTX
Multi-Touchpoint Messaging
PPT
Dps Worldwide Major Account Sales Training Seminar
PPT
Software & Services Sales HPL
Ā 
PDF
CommissionCrowd Press/Media Kit
PPTX
Eos sla vendor choice
PDF
Demand Metric - Buying Process Marketing Overview
PPT
Intro & Due Diligence Change Out Consulting 2
PPT
Customer Retention
Are You Cut Out For Consulting
Are you cut out for consulting
SanfordFox Vdsp
You_Exec_-_Sales_Strategies_Toolkit_Free.pptx
Communication presentation 2010
CCNS Webinar
Cn 5 Day Presentation
Eos ala vendor choice
E C L004 Dokich 091807
Requirements
Getting buy in on your optimization program
Ā 
Marketing Automation 101
Multi-Touchpoint Messaging
Dps Worldwide Major Account Sales Training Seminar
Software & Services Sales HPL
Ā 
CommissionCrowd Press/Media Kit
Eos sla vendor choice
Demand Metric - Buying Process Marketing Overview
Intro & Due Diligence Change Out Consulting 2
Customer Retention
Ad

ESP Session 11-2014

  • 2. The Art of Negotiation Negotiation at is Finest http://youtu.be/xjQ5OomkVpg
  • 3. The Basics of Negotiation ļ‚— Both sides benefit ļ‚— Create a new better situation ļ‚— Avoid Unfair deals ļ‚— Win-win best deals ļ‚— Negotiation can be learned & practiced
  • 4. Negotiation Strategies Soft Negotiators ļ‚— Avoid conflict at any cost ļ‚— Usually don’t stand up for their best interests Hard Negotiators – Win - Lose ļ‚— Aggressive and competitive ļ‚— May use threats of bluffs ļ‚— Not trusting or trustworthy Win-Win Negotiators ļ‚— Work towards the best outcome for all ļ‚— Flexible, but can be firm when it’s appropriate ļ‚— Attack problems, not people
  • 5. Interests vs. Position ļ‚— Position is what you say you want: more money, faster turnaround, larger orders ļ‚— Interests is what you actually need in order to be successful Don’t get in the trap of arguing your position and end up with not satisfy your interests
  • 6. Stages of Negotiation ļ‚— Setting an Agenda ļ‚— Voicing Demands and Offers ļ‚— Working to Minimize Differences ļ‚— Closing the Deal
  • 7. Overcoming Problems  Manipulative behavior  Listen  Be in other person’s shoes  Stressful, slow down & regroup  Don’t make decisions on the spot  Ok to walk away
  • 8. D & I ļ‚— Dominance: Direct & Decisive. D's are strong-willed, strong-minded people who like accepting challenges, taking action, and getting immediate results ļ‚— Influence: Optimistic & Outgoing. I's are "people people" who like participating on teams, sharing ideas, and energizing and entertaining others
  • 9. S & C ļ‚— Steadiness: Sympathetic & Cooperative. S's are helpful people who like working behind the scenes, performing in consistent and predictable ways, and are good listeners ļ‚— Conscientiousness: Concerned & Correct. C's value quality and like planning ahead, employing systematic approaches, and checking and re-checking for accuracy
  • 12. Some Reasons to Grow Your Business  Increasing profits  Gaining or maintaining market share  Getting volume discounts  Targeting new customer segments  Better serve the customer (through new location, new products, lower prices, etc.)
  • 13. Uncontrolled growth is deadly to your business
  • 14. Pitfalls of Unmanaged Growth ļ‚— Short-term growth ļ‚— Maintain quality ļ‚— Low employee morale ļ‚— High turnover ļ‚— Loss of customer loyalty ļ‚— Cash crunch & bankruptcy ļ‚— Inefficient use of resources ļ‚— Stress and burnout ļ‚— Loss of profitability
  • 15. Cash is Review the biggest drains on cash flow
  • 16. Why Lean Office? Why a Lean Office? ļ‚— 60%-80% of costs are administrative costs ļ‚— Allows work to be released accurately ļ‚— Payment received faster ļ‚— Improves morale ļ‚— Improves productivity ļ‚— Improves bottom line
  • 17. Understanding Waste Waste: anything that adds cost or time without adding value
  • 18. Croll Productive Synergy Organizational Chart CEO Cynthia Marsh- Croll Marketing Marketing Plan Development Advertising New Product Development Sales Networking & Prospecting Data collection & Pitching clients Accounting & Finance Financial Forecasting & Tax Planning AP & AR Operations & Development Customer Fullfillment Customer Problems IT Tecnical Suppot & Cloud Support Cloud & Server maintenance & Support Legal Contract Development New Product protection Administration Database Management Document Management Scheduling Blue – Outsourced to outside service Pink – Certain tasks or processes outsourced and some functions in house Clear – all functions in house Croll Productive Synergy Organizational Chart
  • 19. Value Stream Map The visual representation of the processes (work units and information) required to meet customer demand
  • 20. Takt Time Takt Time - the time which synchronizes work or service required to customer demand Takt time = Total Daily Available Time Total Daily Work or Service Requirement
  • 23. Sales & Contact Management ļ‚— Tracking ļ‚— Scheduling ļ‚— Converting to Customer ļ‚— Follow up ļ‚— Quality Control ļ‚— Marketing ļ‚— Auto Responders ļ‚— Sales training ļ‚— Reports
  • 24. Contact Management Selection ļ‚— Have a list of requirements & criteria ļ‚— Priority order ļ‚— Must Have and Like to Have ļ‚— Do the online demo for each ļ‚— Take a test drive
  • 27. Contact Management Software KLPZ – Prospecting Tool www.contactscience.co m/ Oprius – Free Contact Manager http://www.oprius.com/ Goldmine - CRM http://goldmine.com/ eSalesTrack - CRM http://www.esalestrack.co m/ ACT! – CRM http://www.act.com/ ZOHO – Free CRM http://www.zoho.com Sugar – Free CRM http://www.sugarcrm.com/cr m/ vTiger – Free CRM http://www.vtiger.com/ FreeCRM http://www.freecrm.com/ SalesJunction – CRM http://www.salesjunction.co m/
  • 28. Bookkeeping ļ‚— Financial Health ļ‚— Cash Flow Analysis ļ‚— Budget ļ‚— Analysis ļ‚— Monthly, Quarterly, Yearly ļ‚— Reduced Accountant Fees ļ‚— Delegate ļ‚— QuickBooks ļ‚— Peachtree ļ‚— FreshBooks
  • 29. Which One Will be You?
  • 31. Case Study on Growth • Break into groups of 4 • Read the Herbal Essence Case Study • What do you do in the next 30 days?