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About Us Who We AreSince 1987, Negotiation Resources has provided negotiation
solutions to corporations throughout the United States, Europe,
Canada, Mexico
and Asia. View a sampling of our clients, or see what
our clients say.
Bob Gibson, Founder and President of
Negotiation Resources, is recognized internationally as a negotiating
strategist.
5 Minutes
w/Bob Gibson.
What We Do
Negotiation Resources helps negotiate deals with you, OR trains
your teams to negotiate more effectively. We also offer a series
of training
tools. Get more information about our service offerings. They
fall into three categories:
Case Studies
See how Negotiation Resources helped other organizations with
their negotiation needs.
Case #1: Consulting
delivered to a large biomedical firm negotiating with a government
agency.
Case
#2: Customized negotiation training delivered to service department
personnel by Negotiation Resources trainer.
Case #3: A
highly comprehensive process, which included consulting, training,
coaching, follow-up and hands on availability via
phone & email
24/7.
Case #4: A customized “STREET-SMART Negotiation
for the Technical Professional” to fit the client’s
situation.
Case #5: Customized field sales teams training
delivered via video by company executives.
Case #1
Client: Silicon Valley, CA pharmaceutical firm.
Problem: After
several years in research and development with development costs
of $250 million, the company moved into negotiations
with the
FDA in Washington, DC.
Negotiations at this stage are critical,
because they determine not only approval but how the drug
may be marketed.
Solution: We delivered the Special
Ops Program with outstanding success. During a 2- month window,
a combination
of research,
training, coaching,
planning, rehearsal and execution resulted in drug approval,
including creation and approval of the product insert materials.
The training session, “STREET-SMART
Negotiation for the Technical Professional,” was followed by the selection
and coaching of a team through the negotiation process. This
process involved
preparation,
strategy, tactics, and role-plays with another team from
within the company representing the government agency, as well
as coaching
the
team through the negotiation itself.
The product insert accurately reflected the client’s views
and the drug was approved. The company team became educated to
sophisticated strategies, which were incorporated in all future
drug approval negotiations.
RETURN TO CASE STUDIES
Case #2
Client: West coast telecommunications company.
Problem: In an
effort to satisfy the customer, the service department used
only one solution for solving problems: inappropriate
financial
payback that cut into the bottom line (at any price)
Solution: Customized negotiation training delivered to service department
personnel by Negotiation Resources trainer.
A large telecommunications
company found that its customer service department of our client
was, in an effort to satisfy customers, "giving
away the farm" every time they received a complaint.
Although well intentioned, this practice dramatically affected
the
bottom line.
After a period of observation and interviews,
Negotiation Resources created a customized version of "Negotiating
When Relationships Matter." Designed to teach employees
how to walk the fine line between satisfying a customer without
giving up revenue
needlessly,
training classes were given over a period of three months
to every line person and manager in the customer service
division.
Company sponsors felt that the program hit the mark,
and stopped the needless outflow, which directly impacted
the
bottom line.
The program was so successful that similar trainings were
held in sister
utilities in both the Southeastern and Northeaster U.S.
RETURN TO CASE STUDIES
Case #3
Client: West Coast technology manufacturing company with
offices worldwide.
Problem: After dominating a market for
several years, our clients found themselves faced with increased
competition
and extreme
pressure to compete strictly on price. Margins were slipping,
and revenue
was stagnant.
Solution: After a thorough assessment
and interview phase, we created a highly customized process which
included consulting,
training,
coaching and 24/7 support via phone & email. The essence
of the program was to teach the sales force to professionally
and
articulately
build value, to not give in to price demands, and to become
masters at positioning themselves as the premier company
in their industry.
We launched the program at the International
Sales Meeting, starting with an overview and small workshop
and followed
by intensive
hands-on coaching sessions. The hands-on work was done on
actual customers
in real time, and included customized planners designed for
the particular situations faced by the sales force. We also
conducted
coaching for
the managers to implement the concepts and skills installed
during the sessions. The program was implemented in the US,
South America,
and Europe.
To date, every division who has completed the
process has made their numbers every quarter.
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Case #4
Client: High Tech manufacturing company
Problem: Our client distributes
their high-end technical product lines in 70 plus countries worldwide.
Many of
the countries
in which they distribute have their own departments
of technical specifications
regarding safety and acceptability. As you might expect,
cultural issues entered into the negotiations, and
to further complicate
the situation, many of those countries have their own
testing facilities
which serve as profit centers.
The thrust of the project
was to influence technical regulators in those countries to adopt
as standard
the technical specifications
of our clients existing manufacturing standards,
which were very high. This would eliminate the daunting prospect
of
manufacturing trying to satisfy different specifications
for every country.
Elements standing in the way were
the profit motive mentioned above, the issue of pride and resistance
to perceived
intrusion by Americans,
and the fact that very important, highly sensitive
negotiations were being conducted by technical professionals
who had
very little experience
or training in negotiations.
Solution: After interviews
and visits, during the research phase, we customized the “STREET-SMART
Negotiation for the Technical Professional” to fit the client’s
situation. It was delivered personally in the US, Europe, and Asia.
Follow-up sessions/review
were conducted via e-learning on the web, with great
success.
Our client reports, that the negotiation conducted
since the intervention have resulted in saving “tens of millions” of
dollars, due to not having to manufacture to different sets
of technical
specifications. As an added benefit, the participants report
that their relationships
with the foreign regulators are at a new level of respect
and communication.
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Case #5
Client: Mid-western service organization in the transportation
industry with $2.1 billion in annual revenues)
Problem: Protecting Margins in an
increasingly competitive marketplace
Solution: Customized field sales teams training delivered
via video by company executives.
A large transportation
firm located in the Midwest needed help in finding a solution
for decreasing
margins caused
by increasing competition. This
problem
was complicated by the fact that the sales force had never had
to articulate value in what was once a regulated
industry.
To secure business and increase sales volumes,
the sales force of nearly 1,000 had begun to cut prices.
These actions led to consistent
gross
revenues, but
decreased margins.
In response, Negotiation Resources created
a highly customized version of its sales program, "How
to Negotiate High-Profit Sales".
The program was produced on video, utilizing company executives
to demonstrate creative
ways
of handling the situations salespeople encountered in the field.
Using
the video as the basis for discussion, Negotiation Resources
conducted training for vice presidents who were then tasked
to deliver the program
to the sales force. To reinforce key messages and ensure consistent
techniques were
driven through the sales teams, the video was accompanied by
an Instructor's Kit, participants' kits, exercises, and visuals.
Results
in the field were immediate. Not only did the executive team
feel well prepared to deliver key messages to the organization,
but
margins increased and morale improved. Now, almost five years
later, the company
continues
to
utilize
the program, which is regarded by the executive sponsor as "the
best money ever spent on training."
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