Successfully Negotiating When You Have No Alternatives with Prof. Giuseppe Conti

2 Feb 2023 · 41 min
Episode

2 Feb 2023 · 41 min

0:00

A recorded interview (Feb 2023) on negotiating when you appear to have no alternatives. Host Kwame Christian interviews Prof. Giuseppe Conti, a procurement and negotiation specialist who draws on 25+ years in procurement and extensive teaching experience. The episode is structured around three themes: (1) anticipating the challenge (proactively identifying single-source risks, building internal stakeholder trust, and creating alternatives over time), (2) shaping the deal (creative deal structures, value-add tradeoffs, partnering, bundling/unbundling and manufacturing alternatives), and (3) negotiation techniques at the table (linking pay to KPIs, applying loss aversion, applying pressure ethically, and leveraging empathy to view the counterpart’s BATNA). Practical examples include vertical integration and manufacturing bottles/pumps, creating competitive signals to an incumbent supplier, the trust equation (credibility + reliability + intimacy / self-orientation), and a failed IT outsourcing negotiation used as a learning case. The guest offers a downloadable negotiation pack (prep template, slides, Financial Times article) and LinkedIn as contact points.

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