Negotiation is a skill that often gets overlooked in the realm of product ownership, yet it is absolutely crucial. As I reflect on my journey, I can’t stress enough how vital it is to master this art, whether you’re negotiating with stakeholders, team members, or even your children about bedtime.
One of the best resources I’ve come across is the book Never Split the Difference by Chris Voss, the former head of FBI hostage negotiation. This book is a treasure trove of insights that can be applied to various negotiation scenarios, from high-stakes situations to everyday discussions. Here’s why I believe every product owner should dive into this book:
Key Takeaways from Never Split the Difference
Universal Techniques: Voss illustrates that the techniques used in hostage negotiations can be applied to any negotiation. The principles of empathy, active listening, and strategic questioning are just as effective when discussing project timelines or feature prioritisation.
Understanding Ramifications: As a product owner, it’s essential to grasp the implications of your decisions. Each choice can ripple through your team and the product, affecting timelines, resources, and ultimately, customer satisfaction . Voss emphasises the importance of understanding the stakes involved in any negotiation.
Effective Communication: The book teaches you how to communicate in a way that fosters collaboration rather than conflict. This is particularly important when you’re working with an apprentice product owner. They need to learn how to engage in discussions that lead to effective outcomes, rather than simply pushing for their own agenda.
Practical Applications in Product Ownership
Empathy in Negotiation: Always strive to understand the perspective of the other party. This doesn’t mean you have to agree with them, but acknowledging their concerns can lead to more productive discussions.
Active Listening: Pay attention to what is being said, and also to what isn’t being said. This can provide valuable insights into the motivations and fears of your stakeholders.
Strategic Questioning: Use open-ended questions to guide the conversation. This not only helps you gather information but also encourages the other party to share their thoughts and feelings.
Preparation is Key: Before entering any negotiation, prepare thoroughly. Know your objectives, the needs of the other party, and potential compromises. This preparation will give you the confidence to navigate the discussion effectively.
Practice Makes Perfect: Like any skill, negotiation improves with practice. Role-playing scenarios with your team can help everyone become more comfortable with these techniques.
Conclusion
In my experience, the ability to negotiate effectively can make or break a product owner’s success. By embracing the lessons from Never Split the Difference, you can enhance your negotiation skills and, in turn, improve your product outcomes. Remember, whether you’re negotiating a project scope or bedtime, the principles remain the same.
So, if you’re an apprentice product owner or someone looking to refine your negotiation skills, I highly recommend picking up this book and exploring the masterclass on masterclass.com. The tools and techniques you’ll learn will serve you well in your career and beyond.
