Deal or No-Deal

A well-dressed group of 4 discuss a deal around a meeting table - deal or no-deal article

Deal or no-deal… Whether you like or loathe the man, and there seems to be little middle ground Boris has always had a very focussed approach to Brexit.  He has a plan and a strategy, rightly or wrongly.

Comparing this with the Sales Process, and there are many parallels, he is attempting to obtain the best deal for the UK from the EU.

In every sale, the backstop; the very last option must be a no-deal.  In other words, ‘I am prepared to walk away and neither of us benefits from this relationship’.  But to make that a useful negotiating tool, it must be an option available to you.  If you are not prepared to walk away, no matter how much you want the deal, then the opposition will use this to their great advantage and to your disadvantage.

If they know that you are not allowed the option to walk away, the ‘no-deal’, then they will find it much easier to impose their needs and wishes over yours.  It gives you a weak position from which to negotiate because they know that in the end, you will have to accept a deal that favours their needs.

men in suits shake hands - deal or no-deal article

Unfortunately, parliament do not understand this, or they feel that the risk of ending up with no deal is too great.  So, Boris’s hands were tied.

This point is similar to that discussed in my blog of March 2019 where the delegate was not allowed to walk away without the order.  Here as well, his negotiating power was weakened and the customer had, and played the advantage.

This is not an easy line to follow.  It may result in bluff and counterbluff and a cool head is needed.  However, if you simply believe that you have the power to walk away from the deal, this may be enough to help strengthen your position. Even if you have no real intention to do so.

Make sure they believe you have the choice, and then secure a better deal.

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