Volume IIII Issue 2 02/05

Table of Contents

   Editor's Note
   Upcoming Events
   Quick Hits
   News and Announcements
   Guru's Corner: The Dark Side of Collaboration
   Guest Editorial: Negotiating Your Way To Collaboration

 

 

“Negotiating Your Way
To Collaboration”

by

Michelle Cubas

Michelle is an executive coach looking at collaboration through the lens of leadership. What better way to start the New Year? Michelle looks at issues of trust, fit, and implementation and how they effect a true collaboration. She suggests that leaders might approach collaboration through negotiation. An approach that comes naturally to me, but probably not to everyone … David Coleman

The art of the collaboration is simple. It emanates from a desire to achieve a common goal or result. It is a primary trait of my business hero model, the Multi-Dimensional Leader ™.

In turbulent times, leaders must advance thinking and offer tools that support a productive environment.

A multi-dimensional leader's objectives:

•  Identify how to communicate across - generations

•  How to use multi-generational awareness in your professional role

•  Apply practical tactics for integration of ideas.

In my coaching practice, I have observed that collaboration is a dying art. People are encouraged to be competitive rather than collaborative. Yes, much lip service is spoken about cooperation. However, real collaboration requires an authentic desire to accomplish the project where everyone obtains results and gains something they want.

Everything Is Negotiable

The Multi-Dimensional leader knows that negotiation skills are the key ingredients to a successful collaboration.

Here are several ideas to consider when approaching collaborations:

  1. How well do you know the interested party?
  2. What do you know of their business practices?
  3. What are the “gut feelings” you have about the people associated with the deal?
  4. What do you want to obtain from the collaboration?
  5. What benefits can the other party bring to your relationship?
  6. What fears do you have about the outcome?
  7. What is the optimistic outcome of your collaboration?
  8. What do you have to offer the relationship?
  9. What will it cost you to pursue this together?  
  10. What would it cost you to do it alone?
  11. What is the optimum outcome for you?

What Do I Need To Know For Trust ?

Once you are comfortable with the initial set-up above ways to collaborate, it is important to establish the ground rules

.

•  What does the other party need to know about you and your company in order to conduct effective business with you? (Eg. Attitudes, integrity, beyond policies and procedures.)

•  What are your codes of conduct and behavior?

•  Where are your boundaries in pursuing this common goal? (What are you willing to take off the table, what are “must-haves”, sacrifices, priorities ? . )

•  As you proceed, what safeguards do you have to dissolve the relationship with protection for both parties? (Buy-sell agreement, joint venture corporation)

Intellectual Capital Issues

  • Define what it is from the company's view.
  • Who owns what?
  • Privileges
  • Exceptions
  • Storage
  • Use
  • Licensing

Financial

  • Seed money
  • Shares
  • Bonuses
  • Profit Sharing
  • Associate rewards

 

A key concept is to understand how the following drivers are part of your business process. Collaboration can only occur when the connected parties understand the mutual impacts on their processes. The more clearly the rules apply to these circumstances, the easier the collaboration becomes.

It is imperative to take the following items into account when bidding, pricing or marketing goods and services especially within for a collaboration or partnership structure :

  • Time (turnkey, projected completions)
  • Resources (People, materials, income streams (grants) cash flow)
  • Location (proximity to target market, access, distribution)
  • Distribution
  • Purchasing power (Eg. How does a small business price against Costco?)
  • Identified, duplicable, quality process (ISO, Six Sigma, Lean)

 

One side may be more adept and qualified to deliver for the outcome of the
“greater good”.

Moving Forward From Trust

Once the ground rules are shared and agreed upon, the success or failure of the collaboration will be founded on how well the rules are applied—selectively, globally or equally. That message travels fast and sets the tone for future negotiations. The hard impact is on the leader's credibility.

A principle I use from experience is asking “What is best for the good of the house.” Individual sacrifices may be incurred, however, at the conclusion everyone will benefit more because of the applied, sound collaboration principles: distributed fairness, personal safety (emotional and physical), preserved resources and enduring satisfaction of a joint venture well done.

The Next Step

Begin your collaborations with the desired results you want to achieve. Look over the process from the other person 's perspective. Prioritize what you value most and want to achieve. Define what you can easily “leave on the table”. Strive toward common ground and shared benefits. Above all, allow people to shine by giving them the tools to excel . Remove as many barriers as possible. By your conduct, and watch them soar !

Michelle Cubas is the founder of Positive Potentials LLC, and has been involved with business literacy since 1982. She can be contacted at (480) 922-9699 or at www.positivepotentials.com

 

 
 
 
 
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