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Negotiation Training based on the SMARTnership™ concept

SMARTnership™ – Up to 42% More Value in Negotiations

SMARTnership™ is a unique and innovative Negotiation Strategy Concept developed by Keld Jensen, an expert in negotiation and Behavioral Economics, author of 26 books, with more than 30 years of experience in international management, negotiation and communication. Keld Jensen has been awarded for creating the best Negotiation Strategy that transforms the corporate agreement culture. SMARTnership™ is a unique blend of real-world experience and strategic problem solving, optimizing business transactions.

What makes the SMARTnership™ Negotiation Concept unique? 

Choosing a Negotiation Strategy

This is the preparation stage of negotiations, where the situation is assessed, and using the SAM (Strategy Assessment Matrix) model, a decision is made on which strategy to apply in the negotiations: Power, Partnership, or SMARTnership.

TrustCurrency

Negotiations involve people, and trust between both sides is a soft skill. However, trust in negotiations can be measured and evaluated. When there is a high level of trust between negotiation partners, it reduces costs and increases profits for both sides—and vice versa. In each specific case, the negotiator's task is to assess the current situation and choose communication and action methods that achieve the desired level of trust between the negotiation partners and optimize the economic value of the agreements.

Negotiation Game Rules

Do you understand the rules of the specific negotiation game? Before starting negotiations, it is recommended to agree with the opponents on negotiation principles, strategy, decision-making processes, authorizations, and the COC (Code of Conduct). For example, according to SMARTnership™ principles, information must be shared, and discussions must be open and direct, but lying and bluffing are prohibited.

NegoEconomics 

In business, there will always be costs and profits. Typically, in negotiations, each side aims to minimize costs to achieve optimal profit. However, every aspect of negotiation has value expressed in monetary terms, and this value is not the same for both sides. It is essential to know and share information with the opponent. Without these conditions, SMARTnership™ negotiations will not work, and the process will revert to the familiar starting point—Power negotiations focused solely on price. 

Intended for: SMARTnership™ is a 2-3 day strategic negotiation training program designed for senior-level executives and top company negotiators.

Training Includes: 

Methodical material, which you can later use independently

3 Negotiation Strategies, 5 Types of Negotiators, 10 Preparation and Negotiation Stages,

NegoEconomics ™ and Tru$tcurrency ™ structured theoretical material

2 practical Negotiation tasks in groups

Filming and discussion of the negotiation/agreement process

The training can be conducted in either Lithuanian or English.

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