Each participant in a negotiation is pre-conditioned by their respective culture. Willingness to take risk varies widely by culture. Where one culture may find it perfectly acceptable to ask for much more than they need (i.e. leave a lot of room to negotiate) another culture reacts to this approach negatively (i.e. they are lying to us, we do not trust them). Some cultures are very individualistic while other cultures are collective or group-oriented. Some cultures prefer a direct negotiating style while others prefer an indirect approach. In some cultures decisions are made by consensus so no single person takes responsibility. A wise negotiator will assemble knowledge and understanding of all the various cultural biases that may be present in a negotiation and prepare accordingly.
By Bryce Smith|2022-12-09T16:20:12-05:00December 30, 2020|