Salary Negotiation – How Can You Prepare for It
February 12, 2025
Several change management experts have argued that Bottom Up Strategy for Change Management yields effective results comparatively over Top Down Strategy of Change Management. The Top Down approach necessarily involves an element of compulsion, and the decisions are forced on the employees without taking any inputs from them. Top Down approach involves forceful implementation of […]
Merely creating a model which calculates the value at risk (VaR) i.e. the greatest possible loss that a company can face in a particular time period is not enough. In order for risk management to be effective, the results provided by the model should actually correlate with reality. Otherwise, the model will make predictions that […]
“Leave your emotions at home.” Almost every working individual must have heard of this phrase. And leaders admit repeating it time and again, to eliminate the ‘so-called’ emotional drama at the workplace and foster ‘practical thinking’. This raises many questions. Is it even possible? Aren’t emotions the part of human existence? Can they be separated […]
Abraham Maslow is well renowned for proposing the Hierarchy of Needs Theory in 1943. This theory is a classical depiction of human motivation. This theory is based on the assumption that there is a hierarchy of five needs within each individual. The urgency of these needs varies. These five needs are as follows- Physiological needs- […]
Why are Tech Titans and Business Leaders Worried About the Post Pandemic Workforce? Why are so many Millennials (those aged between 25 and 40) and Gen Zers (aged below 25 years) burning out and leaving the workforce in these Pandemic times? What explains the trend of the Great Resignation wherein half of these age cohorts […]
A discussion among individuals to reach to an alternative which involves the interest of all the participants is termed as negotiation. An individual must try his level best to negotiate with each other and reach to a common conclusion to avoid conflicts and misunderstandings. In a win win negotiation both the two parties are benefited and both of them get whatever they expect.
One needs to prepare well for a win win negotiation:
If you want to purchase a laptop and you have decided to ask for a discount but you realize that the shopkeeper is a little reluctant to offer the discount, don’t start fighting with him. Don’t be adamant. You can always ask for a laptop bag or probably some accessories. Learn to be a little tactful and intelligent
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