Thursday, April 28, 2011

Knowing When to Pause


Your first practical opportunity to use the pause button arrives before you participate in the first session of a negotiation. Ask yourself whether you are as prepared as you need to be. Then, when the first sentence is uttered, you’re ready to listen because you have pushed that pause button. When you speak your first words, you are clearer for having taken that break. Use the pause button at each critical moment to review the negotiation or to decide when to close a deal. Definitely use the pause button whenever you are feeling pressured or under stress.
Of course, the pause you take is only as valuable as what you do during it. Ask yourself specific questions during these brief respites. Circumstances differ for every negotiation. Usually, you need to ponder a specific point. You may want to use the time to check over the other five essential skills in a negotiation:
  • Prepare: Do you need any additional pieces of information?
  • Set goals or limits: How close are you to your original goals? Is the shortfall acceptable? Are the limits you previously set still viable considering the additional information you have gained during the negotiation?
  • Listen: Did you hear everything the other person said? Did it match up with the body language? Do you need to go back and ask any questions?
  • Be clear: Do you wish you had expressed a point or an idea more clearly or directly? Try to answer this question from your counterpart’s point of view, not yours.
  • Know when to close: Can any part of the negotiation be closed now? If it seems like everyone is in agreement, have you had plenty of time to live with the final proposal before accepting it?

When you become conscious of pushing the pause button and what to do during the pause, such a quick review as the preceding one is almost automatic. Sometimes you are just giving your mind a break. Sometimes you are pushing the pause button for everybody involved in the negotiation, especially if things have gotten a little heated.
Parties can get caught up in the emotions of a negotiation. They’re afraid to lose face. They become angry or distrustful of the other party. They fall in love with the deal and ignore facts that are important to decision making —especially if the decision ought to be to walk away. They let their own moods, or the moods of the other party, rule the negotiating sessions, causing the negotiations to wander off course. These problems disappear when you use a pause button.
If you want to watch a negotiator with his hand firmly on the pause button, see the HBO movie Barbarians at the Gate. This film, based on a true story, stars James Garner as the president of Nabisco and depicts his efforts to buy the company. Unfortunately for him, another buyer — played by Jonathan Pryce — is better prepared and carries a pause button with him everywhere. Watch him make millions of dollars by delaying a deal one hour. This movie is a fast-paced, exciting lesson in high-stakes negotiating. What separates the winner and the loser are preparation and the effective use of the pause button.

Telling the Other Person That You Need a Pause


Everyone has a different way of pushing the pause button. Sometimes, how you push pause depends on the situation. Here are some of the more common pause buttons you can use:
  • Ask for a night to think the negotiation over. Most people will respect your request to “sleep on it.”
  • Excuse yourself to the restroom. Who’s going to refuse that request?
  • For a short break, just lean back in your chair and say, “Wait a minute, I have to take that in.” For a dramatic touch, try closing your eyes or rubbing your chin.
  • In a business situation, having someone with whom you have to consult before giving a final answer is a convenient excuse for pressing pause.
Simply say, “I’ll have to run this by my partner (or family or consultants or whomever) and get back to you at 9 tomorrow morning.” So that’s the idea: Your pause button is anything you do to create a space so you can think over your next move. In chess, those breaks can take so long that competitive chess has rules about how long the thinking time can be. At the end of the time, a buzzer goes off. In a negotiation, nothing dictates the length of breaks. You have to fight to create the time instead of being forced out of time by an artificial time limit.

Checking with the boss: A classic that needs a little prep
If you plan to consult with your boss as a means of pushing pause in a negotiation, you should let the other party know that you don’t have final say. However, like everything else in a negotiation, don’t try to use this reason unless you have a boss whom you have to check with from time to time. Admitting early in the negotiation that you don’t have final authority is often beneficial. Make it clear that someone above you must approve the decision. That way, the other party won’t get angry with you. Working this information into the beginning of your negotiating formalizes the pause button and sets the tone for a thoughtful, considered negotiation.

Taking notes now for pauses later

Taking notes is helpful at many points in a negotiation, but note taking can also be a pause button. In fact, one of the best times to pull out your pen is when you need to pause. Writing down statements that confuse or upset you is an excellent way to push pause. Rather than blurting out an inappropriate or angry response, tell the speaker to hold on while you write down the statement. Asking the other party to check what you’ve written to be sure that you got it right can be enormously effective if the words upset you. The process of putting those words to paper almost always causes the other party to backtrack, amend, or better yet, erase the words altogether. You’ll find that most people don’t want their unreasonable statements on paper for all the world to see.

Defining the Pause Button


Pushing your pause button is the best way to keep some emotional distance during high-stress situations — at home, at work, anywhere you need a little space. I teach this method in my negotiation courses to explain the concept that waiting is good — that doing nothing is sometimes the right action. I tell students, “If you’re getting stressed out, don’t just do something . . . sit there.”
Pushing the pause button just means putting the negotiations on hold for a moment or an hour or an evening while you sort things out. Everyone owns a pause button, so to speak, and everyone pushes it in a different way. When you push the pause button, you freeze-frame the negotiation — much as you freeze-frame a movie on the television screen with your remote control or on your computer. You step away, physically or psychologically, to review the work you have done up to that point and check over your plan for the rest of the negotiation. You take a break. It may be purely mental; it may be imperceptible to the other side; but you give yourself whatever time it takes to review matters before you continue. This focused review is a separate activity from the other basic elements of negotiation. It gives you an opportunity to regroup, catch your breath, and be sure that you aren’t missing anything. The pause button gives you that little bit of emotional distance that allows you to make the decisions you want to make in your business and your life.
Pushing the pause button gives you the opportunity to review the entire process of negotiating and to make sure that you aren’t overlooking anything. It allows you to avoid getting boxed into a corner. By pushing the pause button, you keep your emotions from ruling (and ruining) the negotiation.