Noah Goldstein on November 30, 2008
Sometimes the first few minutes at the negotiating table are like the first few minutes in the boxing ring: Both opponents often dance around, reluctant to put themselves out there first. Just as some boxers are reluctant to throw the first punch, negotiators are often reluctant to put the first offer on the table. They may be worried that they will telegraph their strategy, or perhaps that they will reveal some sort of vulnerability. Are they right? Is it better to make the first persuasive move or let your opponent do so?
Sometimes the first few minutes at the negotiating table are like the first few minutes in the boxing ring: Both opponents often dance around, reluctant to put themselves out there first. Just as some boxers are reluctant to throw the first punch, negotiators are often reluctant to put the first offer on the table. They may be worried that they will telegraph their strategy, or perhaps that they will reveal some sort of vulnerability. Are they right? Is it better to make the first persuasive move or let your opponent do so?