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The Cadence Distinguished Speaker Series Presents Thank you for joining us.  The session will begin momentarily. Negotiating For Project Success with Randy Englund
Introduction with John Patton CEO, Cadence Management Corporation The Cadence Distinguished Speaker Series Presents Negotiating For Project Success with Randy Englund
Are You Prepared? Randall L. Englund ,  MBA, BSEE, NPDP, CBM Englund Project Management Consultancy www.englundpmc.com “ Choose always the way that seems the best, however rough it may be.  Custom will soon render it easy and agreeable.”  -  Pythagoreas
Who’s Who
Premises (1) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],"If you want to build a ship, do not start by looking for lumber, cutting boards or sorting out the work.  First evoke in men the longing for the wide open sea."   - Antoine de Saint Exupery
Premises (2) ,[object Object],[object Object],[object Object],[object Object]
Why Negotiate? ,[object Object],then negotiate!
Why Negotiation Skills Are Important to Project Managers Today ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Benefits of Negotiation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ I f you are planning on doing business with someone again, don't be too tough in the negotiations.  If you're going to skin a cat, don't keep it as a house cat.” - Marvin S. Levin
Typical Issues to be Negotiated During the Course of a Project ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Substantive Issues that Need to be Negotiated ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],What about…the definition of project success?
What is Negotiation? ,[object Object],[object Object],[object Object],[object Object],[object Object],“ A s long as you keep a person down, some part of you has to be down there to hold him down, so it means you cannot soar as you otherwise might.”  - Marian Anderson
Negotiation Styles ,[object Object],[object Object],[object Object],[object Object],[object Object],Ref: Roger Fisher, William Ury, and Bruce Patton's best-selling book,  Getting to Yes  (1991)
Effective Negotiations P 2 O 2 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The essence of Principled Negotiations:
Objective Criteria ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Negotiation Lifecycle ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Preparation Phase ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ Where facts are few, experts are many.”  -  Donald R. Gannon
Four Basic Forces in Negotiations ,[object Object],[object Object],[object Object],[object Object],The cheapest concession you’ll ever make is to let the other side know that they have been heard.  - Roger Fisher and William Ury ,  Getting To Yes: How to Negotiate Without Giving In .
Power Within the Organization ,[object Object],[object Object],[object Object],[object Object],Ref: PMBOK, 2000 “ No man ever listened himself out of a job.”  - Calvin Coolidge
Sources of Power in Negotiations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Ref: Fisher & Ury,  Getting to Yes .
The Third Alternative ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Ref: Future Positive, Synearth. http://futurepositive.synearth.net/2003/07/24
Rules of Negotiating Adapted from Leo Reilly © 1990
Be patient ,[object Object],[object Object]
Be positive ,[object Object],[object Object]
Gather information ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Float trial balloons ,[object Object],[object Object],[object Object],[object Object]
Know your status ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Know your opening offer (1) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Know your opening offer (2) ,[object Object],[object Object],[object Object]
Limit your authority (1) ,[object Object],[object Object]
Limit your authority (2) ,[object Object],[object Object],[object Object],[object Object]
Know your bottom line ,[object Object],[object Object],[object Object]
Be prepared ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Never reward intimidation tactics ,[object Object],[object Object],[object Object]
Another Rule: for every concession you make,  get something in return!
Closing a Negotiation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ In the business world, the rearview mirror is always clearer than the windshield.”   - Warren Buffett
Ten Negotiation Techniques ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ Tis better to be silent and be thought a fool, than to speak and remove all doubt.”   -   Abraham Lincoln
Summary
References Englund Project Management Consultancy www.englundpmc.com [email_address]
The Cadence Distinguished Speaker Series Presents Thank you for joining us! Negotiating For Project Success with Randy Englund
Beyond the Webinar Professional Development Units (PDUs)  Our courses qualify for PDU credit or Education Contact hours from the Project Management Institute. Contact PMI at  www.pmi.org  for processing details. cadencemc.com/training The award-winning Cadence project management methodology is the foundation of all our project management training, consulting, tools, and software. Learn more about how world-class companies are delivering business results with Cadence. Award-winning Project Management Training from Cadence Cadence Graduates on LinkedIn cadencemc.com/linkedin Follow @AskCadence on Twitter twitter.com/askcadence Join the Cadence Fan Page on Facebook cadencemc.com/facebook Subscribe to the Cadence Mailing List cadencemc.com/enews

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Negotiating for project success

  • 1. The Cadence Distinguished Speaker Series Presents Thank you for joining us. The session will begin momentarily. Negotiating For Project Success with Randy Englund
  • 2. Introduction with John Patton CEO, Cadence Management Corporation The Cadence Distinguished Speaker Series Presents Negotiating For Project Success with Randy Englund
  • 3. Are You Prepared? Randall L. Englund , MBA, BSEE, NPDP, CBM Englund Project Management Consultancy www.englundpmc.com “ Choose always the way that seems the best, however rough it may be. Custom will soon render it easy and agreeable.” - Pythagoreas
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  • 21.
  • 22. Rules of Negotiating Adapted from Leo Reilly © 1990
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  • 35. Another Rule: for every concession you make, get something in return!
  • 36.
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  • 39. References Englund Project Management Consultancy www.englundpmc.com [email_address]
  • 40. The Cadence Distinguished Speaker Series Presents Thank you for joining us! Negotiating For Project Success with Randy Englund
  • 41. Beyond the Webinar Professional Development Units (PDUs) Our courses qualify for PDU credit or Education Contact hours from the Project Management Institute. Contact PMI at www.pmi.org for processing details. cadencemc.com/training The award-winning Cadence project management methodology is the foundation of all our project management training, consulting, tools, and software. Learn more about how world-class companies are delivering business results with Cadence. Award-winning Project Management Training from Cadence Cadence Graduates on LinkedIn cadencemc.com/linkedin Follow @AskCadence on Twitter twitter.com/askcadence Join the Cadence Fan Page on Facebook cadencemc.com/facebook Subscribe to the Cadence Mailing List cadencemc.com/enews

Editor's Notes

  1. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  2. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  3. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com Randall L. Englund , is an independent management executive consultant, author, trainer, speaker, and professional facilitator. He founded his own consulting business, Englund Project Management Consultancy (www.englundpmc.com) . He speaks and consults world-wide to client management teams and coaches executives about their role in creating an environment that optimizes results from project-based work. In addition to numerous papers and articles, Randy co-authored three best selling business management books: Creating an Environment for Successful Projects, Creating the Project Office, and Project Sponsorship . His previous experience was as a senior project manager at Hewlett-Packard Company in the Project Management Initiative, whose purpose as a project office was to lead the continuous improvement of project management across the company.  At HP, Randy led workshops and consulted with product developers on cross-organizational projects. During his 22 years at HP, Randy was a program manager in computer system product development and participated in new product development teams, bringing personal computer systems to market and resolving difficult cross-organizational issues. He was a major account marketing engineer and a manufacturing engineer for real time computer systems. Randy also worked for General Electric Medical Systems as a field service installation supervisor. Randy holds a B.S.E.E. from the University of California, Santa Barbara, an M.B.A. in Management from San Francisco State University, an honorary Engineering and Management degree from Cal Poly State University, San Luis Obispo, and attended Stanford University's “Converting Strategy into Action” and “Mastering the Project Portfolio” programs. He is a certified by PDMA as a New Product Development Professional (NPDP) and as a Certified Business Manager (CBM) by the Association of Professionals in Business Management. He was awarded as a Beta Gamma Sigma member, earning lifetime recognition for exemplary achievements in business academics. Contact Randy at englundr@pacbell.net.
  4. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com Randy Englund is an independent project management consultant, author, and speaker. He’s a former senior project manager at HP’s Project Management Initiative and new product development. View his web page at www.englundpmc.com and email at [email_address] Randy offers consulting and training services to people in management, managing projects, and working on project teams.  His approach includes the behavioral, technical, business, and change management aspects that create an environment for project success.  Randy uniquely blends metaphors, multimedia, examples, and insights to motivate others and attain desired results. An organic approach adapts effective concepts from nature to make organizations more project-friendly. Alfonso Bucero, PMP is an independent consultant, founder, partner and director of BUCERO PM Consulting in Spain. Alfonso contributed to the book Creating the Project Office , and co-authored the book Project Sponsorship with Randall L. Englund. Drawing from many years as an HP project manager, he has presented and written numerous papers in the project management field. He is a Contributing Editor of PM Network (Project Management Institute). View his web page at www.abucero.com and email at alfonso.bucero@abucero.com. Cadence Management Corporation is a full-service project management training and consulting firm. John Patton is President, and Connie Plowman is Chief Operating Officer. View Cadence on the web at www.cadencemc.com.
  5. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  6. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  7. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  8. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  9. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  10. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  11. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  12. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com (Ask them what THEY think and capture.) Negotiation is communicating back and forth about something in order to arrive at a mutually acceptable solution.
  13. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  14. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  15. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  16. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  17. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  18. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  19. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  20. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  21. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com Frisbee game story - - - “Who’s winning?”
  22. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  23. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  24. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  25. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  26. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  27. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  28. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  29. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  30. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  31. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  32. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  33. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  34. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  35. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  36. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  37. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  38. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com
  39. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com In their latest book on Project Sponsorship , Randall Englund and Alfonso Bucero’s objective is to unlock and open the door to excellence in project sponsorship. Executives need training, experience, and practice to be effective sponsors. Sponsorship is a required and critical success factor for all projects, in all industries and disciplines. Move forward, because every day is a good day for change.
  40. © 2010 Randall L. Englund Negotiating for Project Success www.englundpmc.com