How Important is ʻTrustʼ in Negotiation

 

Clearly many international and domestic negotiations have to be undertaken in what amounts to major degrees of mistrust.

Trust or Lack of it Impacts Heavily on the Negotiation Mood

Stop reading for a moment and ask yourself: what is ‘trust’, and how do you know when you have it?

Probably you will answer that it’s something to do with being able to rely on others acting as they say they will. It is also having them accept that you will act as you say you will. Trust is missing when we cannot be sure of this.

More than anything, trust is based on feelings. It’s an emotional response, and how to manage this mood is a very important negotiation skill.

Many negotiators consider trust or lack of it as being a single continuum running from high trust to high mistrust, yet more recent research suggests that ‘trust’ and ‘mistrust’ are in fact separate constructs.

Interestingly, you can have both at the same time. However, with the negative being stronger, there is more to be gained by focusing on how to reduce mistrust (rather than building trust). Note this is somewhat counter-intuitive and not what many negotiation texts recommend!

As Trust Decreases, Compliance Measures Must Increase

So how do we do this? In the ENS view, the key is to focus on building predictability. Avoid having discussions with the other party about their lack of trustworthiness as this is unlikely to help achieve your objectives. Rather focus on developing compliance mechanisms that will lock-in the other party’s commitment.

Tips on Managing Mistrust

In our ENS negotiation consulting and training assignments we highly recommend:

  • Don’t even mention the ‘T’ (trust) word. To do so engages thoughts about mistrust and tends to create negativity
  • Rather discuss with the other party how you can enhance certainty
  • Particularly focus on the post-negotiation time when neither of you will be present
  • Agree guarantees of compliance and monitoring measures that will lock-in certainty between your organizations
  • Then carefully confirm commitment to these at the personal level.

To discuss this article in more depth and explore developing your negotiation capabilities, please contact us via email or call +612 9299 9688.

ENS Team
ENS Team

Part of the EdventureCo Group, a Certified B Corporate

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