Entrepreneurship·Running the enterprise · NSSCO 2.5

Negotiation & effective meetings

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Every entrepreneur bargains and meets people almost every single day. When you agree a price with a supplier, a wage with a worker, or a loan with the bank, you are negotiating; and when your team sits down to decide something, you are holding a meeting. In this lesson we learn the six steps of a good negotiation and the skills that make it work, then turn to meetings — how to plan them with a notice, an agenda and minutes, and what makes a meeting truly effective. Plain, practical, and full of Namibian examples.

What you'll learn in this lesson

By the end you should be able to (NSSCO Entrepreneurship 2.5):

  • Define negotiation
  • Explain the essential elements of a negotiation process (preparation, establishing the negotiating environment, exploring needs, testing understanding and summarising, negotiating your position, reaching agreement)
  • List and apply negotiation skills in an enterprise, both with internal and external parties
  • Analyse and evaluate the effectiveness of negotiations in enterprise
  • Explain the importance of planning for meetings including notice of meeting, agenda and minutes
  • Analyse and evaluate the effectiveness of meetings in enterprise
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Miss Maria and Mike talk through the whole topic — with the figure and working drawn live.

Negotiation & effective meetings · NSSCO Entrepreneurship · namstudy