Pitching and Negotiation Skills

Pitching and Negotiation
Skills
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Table of Contents
Pitching and Negotiation Skills.......................................................................................................1
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................3
P1 What is negotiation and stakeholders in this process.............................................................3
P2 In formations and steps required in negotiation process........................................................4
P3 RFP process and required documentations.............................................................................5
P4 Ways of managing documentation.........................................................................................6
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................8
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INTRODUCTION
Negotiation and pitching sills plays an important role as it allows parties to eliminate
conflict of interest or winning new business contract (Krukowski, 2019). These skills plays
important role in running new and small business as well as managing functions of business.
This present study is going to show importance and roles which stakeholder representative play
in the process of negotiation. For launching a new product pitching skills play an important role
and for solving problems negotiation plays an important role. Further, it will also show steps
included in RFP procedure or document.
P1 What is negotiation and stakeholders in this process
Negotiation refers a process or a method by which people settle differences and come on one
decisions. Negotiation eliminates problems and condition of conflicts. Negotiation skills plays an
important role in any field and at all levels as it allows people to compromise and solve problems
or conflicts of interest. But negotiation process is not an easy process as it takes too much time
and requires skills for coming on a final decision (Brett and Thompson, 2016).
Stakeholders representative in the process of negotiation plays an important role as they
are being selected on the behalf of a large group in this process. Coming on a final decision can
take too much time and people as listening perceptions of all people can take time and it is a long
process so selecting stakeholder representative for negotiating is a vital for making this
successful. There are requirements of having some negotiation skills as it allows both parties to
reach a compromise or settle differences. Some skills which stakeholder representative who talks
on behalf of parties of negotiation requires having communication, cooperation, active listening
and strategizing skills.
Understanding all these skills is one of the main steps of becoming negotiator. Stakeholders
plays an important role in the whole process as they limit numbers of people in this process
which get involved in working out details of an agreement is more efficient. Other main
important task is to select stakeholder representative who can handle negotiation process.
Selection of stakeholder representative is mainly depending upon the type of conflict which
needs to be solved and negotiated (Young and Ampntel Chafiz, 2019). Often selection of
stakeholder representative is depend and being selected on the basis of majority of votes given
by all people and on the basis of votes by considering all factors like their experience, skills,
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