Which preparation strategy is recommended for effective negotiation?

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The recommended preparation strategy for effective negotiation is to prepare well and get agreements in writing. This approach is essential because thorough preparation allows negotiators to clearly understand their objectives, the needs and wants of the other party, and potential areas for compromise. When you gather detailed information about the context and the specifics of the negotiation, you position yourself to advocate effectively for your interests.

Additionally, obtaining agreements in writing is crucial as it provides a clear and enforceable record of what was agreed upon. It minimizes misunderstandings and disputes that might arise later. A written agreement serves as a reference point for both parties, helping to ensure compliance and accountability.

Other strategies, such as relying solely on intuition or attending without a plan, can lead to disorganized negotiations and unfavorable outcomes. While listening is important for understanding the other party's perspective, without adequate preparation and written agreements, the chances of a successful negotiation outcome are significantly reduced.

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