6 Negotiation Skills All Professionals Can Benefit From

Two business professionals shaking hands during a negotiation

As a business professional, it’s almost guaranteed that you’ll need to participate in negotiations, regardless of your job title or industry. Chances are you already participate in them more often than you realize.

Negotiating a job offer, asking for a raise, making the case for a budget increase, buying and selling property, and closing a sale are just a few examples of the deals you might be involved in.

You likely flex your negotiation skills in your personal life, too, making it crucial to become a skilled negotiator in all areas of life.

Free E-Book: How to Become a More Effective Leader

Access your free e-book today.

If you want to strike effective deals and improve the outcomes of future negotiations, you need an arsenal of skills. Investing time and energy into developing them and learning the negotiation process can prepare you to maximize value at the bargaining table.

“Enhancing your negotiation skills has an enormous payoff,” says Harvard Business School Professor Michael Wheeler in the online course Negotiation Mastery. “It allows you to reach agreements that might otherwise slip through your fingers. It allows you to expand the pie—create value—so you get more benefits from the agreements that you do reach. It also, in some cases, allows you to resolve small differences before they escalate into big conflicts.”

Here are six essential negotiation skills and ways to develop your knowledge and confidence.

Check out our video on negotiation skills below, and subscribe to our YouTube channel for more explainer content!

Negotiation Skills

1. Communication

To achieve your ideal outcome at the bargaining table, it’s essential to clearly communicate what you’re hoping to walk away with and where your boundaries lie.

Effective negotiators develop communication skills that allow them to engage in civil discussion and work toward an agreeable solution.

Deal-making requires give and take; it’s critical to articulate your thoughts and actively listen to others’ ideas and needs. Not doing so can cause you to overlook key components of negotiations and leave them dissatisfied.

2. Emotional Intelligence

For better or worse, emotions play a role in negotiation, and you can use them to your advantage.

For example, positive emotions can increase feelings of trust at the bargaining table. Similarly, you can channel anxiety or nervousness into excitement.

You need a high degree of emotional intelligence to read other parties’ emotions. This can enable you to pick up on what they’re implying rather than explicitly stating and advantageously manage and use your emotions.

3. Planning

Planning ahead with a clear idea of what you hope to achieve and where your boundaries lie is essential to any negotiation. Without adequate preparation, you can overlook important terms of your deal or alternative solutions.

First, consider the zone of possible agreement (ZOPA). Sometimes called the bargaining zone, ZOPA is the range in which you and other parties can find common ground. A positive bargaining zone exists when the terms you’re willing to agree to overlap. A negative one exists when they don’t.

Next, it’s beneficial to understand your best alternative to a negotiated agreement (BATNA). If your discussion lands in a negative bargaining zone, your BATNA is the course of action you’ll take if the negotiation is unsuccessful. Knowing your BATNA can ensure you have a backup plan if you can’t reach an agreement. It can also help you avoid leaving the table empty-handed.

Negotiation Mastery | Earn your seat at the negotiation table | Learn More

4. Value Creation

Value creation is one of the key skills you should add to your negotiation toolkit.

To illustrate its importance, consider this analogy: When participating in a negotiation, you and the other parties typically try to obtain the biggest “slice of the pie” possible. Vying to maximize your slice inherently means someone will get a smaller piece.

To avoid this, shift your goals from growing your slice to expanding the whole pie. The benefits of doing so are twofold: First, you can realize greater value; second, you can establish a sense of rapport and trust that benefits future discussions.

5. Strategy

In addition to thorough preparation and the ability to create value, you need a clear understanding of effective negotiation tactics. By knowing what works and what doesn’t, you can tailor your strategy for every negotiation.

Graphic showing the four steps to develop a negotiation strategy: <a href=define your role, understand your value, consider your counterpart" />


Following this process can enable you to formulate a clear plan for the bargaining table. By understanding the roles of those involved, the value they offer, and their advantages, you can work toward a common goal. Checking in with yourself throughout the negotiation can also ensure you stay on the path to success.

6. Reflection

Finally, to round out your negotiation skills and develop your proficiency, reflect on past negotiations and identify areas for improvement.

After each negotiation—successful or not—think about what went well and what could have gone better. Doing so can allow you to evaluate the tactics that worked in your favor and those that fell short.

Next, identify areas you want to work on and create a plan of action. For example, if you had trouble aligning your goals with your counterpart’s, review concepts like ZOPA and BATNA. If your negotiations often leave you dissatisfied, learn new ways to create value.

How to Become a More Effective Leader | Access Your Free E-Book | Download Now

How to Negotiate Professionally

No matter your strengths and weaknesses, practice is a surefire way to develop your skills. The more you negotiate, the more prepared you’ll be in the future.

Structured learning opportunities can be highly beneficial. Negotiation books and articles are effective starting points for learning deal-making basics. Those that explore real-life examples of successful negotiations can provide perspective on how others navigated difficult discussions and approached conflict resolution.

Another option is to take an online course, such as Negotiation Mastery. In addition to learning from real experts—including public officials, executives, and military officers—you can participate in interactive negotiation simulations that allow you to apply your knowledge and develop your skills. You can also gain insight into negotiation’s emotional aspects and learn how to conduct an after-action review to inform future dealings.

Do you want to hone your bargaining skills? Explore our online course Negotiation Mastery and download our free leadership e-book to discover how you can become a more effective deal-maker.

This post was updated and republished on May 11, 2023. It was originally published on Sept. 2, 2021.

About the Author

Kelsey Miller is a marketing specialist and contributing writer for Harvard Business School Online.

Top FAQs

How are HBS Online courses delivered?

We offer self-paced programs (with weekly deadlines) on the HBS Online course platform.

Our platform features short, highly produced videos of HBS faculty and guest business experts, interactive graphs and exercises, cold calls to keep you engaged, and opportunities to contribute to a vibrant online community.

Are HBS Online programs available in languages other than English?

We expect to offer our courses in additional languages in the future but, at this time, HBS Online can only be provided in English.

All course content is delivered in written English. Closed captioning in English is available for all videos. There are no live interactions during the course that requires the learner to speak English. Coursework must be completed in English.

Do I need to come to campus to participate in HBS Online programs?

No, all of our programs are 100 percent online, and available to participants regardless of their location.

How do I enroll in a course?

Certificate Programs

HBS Online welcomes committed learners wherever they are—in the world and their careers—irrespective of their professional experience or academic background. To extend the reach of HBS Online, we no longer require an application for our certificate programs. (Applications are still required for our credential programs: CORe and CLIMB.) You can now immediately enroll and start taking the next step in your career.

All programs require the completion of a brief online enrollment form before payment. If you are new to HBS Online, you will be required to set up an account before enrolling in the program of your choice.

Our easy online enrollment form is free, and no special documentation is required. All participants must be at least 18 years of age, proficient in English, and committed to learning and engaging with fellow participants throughout the program.

Updates to your enrollment status will be shown on your account page. HBS Online does not use race, gender, ethnicity, or any protected class as criteria for enrollment for any HBS Online program.

Credential Programs

HBS Online's CORe and CLIMB programs require the completion of a brief application. The applications vary slightly, but all ask for some personal background information. You can apply for and enroll in programs here. If you are new to HBS Online, you will be required to set up an account before starting an application for the program of your choice.

Our easy online application is free, and no special documentation is required. All participants must be at least 18 years of age, proficient in English, and committed to learning and engaging with fellow participants throughout the program.

Updates to your application and enrollment status will be shown on your account page. We confirm enrollment eligibility within one week of your application for CORe and three weeks for CLIMB. HBS Online does not use race, gender, ethnicity, or any protected class as criteria for admissions for any HBS Online program.