PPP 471 | How to Handle Everyday Negotiations Like a Pro, with Dr. Mike Clayton

Summary When you hear the word negotiation, what comes to mind? A boardroom showdown? A salary discussion? In this episode, Andy welcomes back Dr. Mike Clayton, author of How to Negotiate: Practical and Proven Skills to Help You Strike Better Deals to unpack the truth about negotiating. Mike brings clarity, wisdom, and practicality to a skill that project managers and frontline leaders use more often than they might realize. In this conversation, you'll learn why negotiation is not a talent you're born with. Rather, it's a skill you can build. Mike explains how to prepare effectively, how to open conversations the right way, and how to bargain in ways that foster agreement, not conflict. You'll discover surprising examples of everyday negotiations, phrases that help (and hurt) rapport, and even ideas to help your kids become more confident negotiators. If you're looking for insights on how to lead through conversations that matter, this episode is for you! Sound Bites “Negotiation is a process of searching for an agreement that satisfies both parties.” “You can become a good negotiator the same way you become a good leader: by learning and practicing.” “Building agreement on agreement is easier than building agreement on disagreement.” "What will you get when you’ve got it? Because that’s the motivator." “If we respect each other and follow a process, we can negotiate even in tough situations.” “The phrases that are best for building rapport are questions.” “Signposting the junction means alerting our counterparty that we think we’re coming to the point where we need to stop.” “Your credibility is currency. Character and trust are foundational in negotiation.” “Almost every conversation where two people want different things is a negotiation.” “It's okay to negotiate. It's okay to walk away. And it's okay to not always win.” Chapters 00:00 Introduction 01:50 Start of Interview 01:04 Understanding Negotiation as a Skill 02:01 Common Myths About Negotiation 05:39 The Process of Negotiation 12:31 Preparing for a Negotiation 16:12 Opening a Negotiation 23:05 Introduction to Feedback and Negotiation 23:43 Breaking Down Feedback 24:42 The Yes Mindset in Negotiation 25:56 Building Rapport in Negotiation 27:40 The Light and Dark Sides of Language 29:08 Signposting the Junction in Negotiation 31:47 Establishing Character in Negotiation 34:21 Teaching Kids to Negotiate 38:34 End of Interview 39:01 Andy Comments After the Interview 42:09 Outtakes Learn More You can find Mike’s content and negotiation advice at his YouTube channel: OnlinePMCourses. For more learning on negotiation, check out these episodes: Episode 444 with Rick Czaplewski, who provides negotiating secrets for project managers Episode 412 with Scott Walker, who provides insights from a former hostage negotiator Episode 148 with Dan Shapiro: High-stakes negotiation from a Harvard expert Thank you for joining me for this episode of The People and Projects Podcast! Talent Triangle: Power Skills Topics: Leadership, Negotiation, Communication, Emotional Intelligence, Project Management, Influence, Rapport Building, Conflict Resolution, Trust, Team Collaboration, Process Thinking, Parenting The following music was used for this episode: Music: Summer Awakening by Frank Schroeter License (CC BY 4.0): https://filmmusic.io/standard-license Music: Chillhouse by Frank Schroeter License (CC BY 4.0): https://filmmusic.io/standard-license