The Impact of Opening Offers on a Negotiation
5600 Blue
APRIL 20, 2018
My friend and former colleague, Max Bazerman, negotiation professor at the Harvard Business School, once reported to me that: “Opening offers have more impact on outcomes of a negotiation than all counter-offers combined!” In negotiation literature, this is called anchoring. Opening offers tend to “anchor” the negotiation.
Let's personalize your content