You're in a high-stakes negotiation that's hit a standstill. How do you manage your emotions effectively?
In high-stakes negotiations, hitting a standstill can be incredibly stressful. It's a moment where the future of a deal hangs in balance, and emotions can run high. Managing these emotions is not just about keeping your cool; it's about strategically leveraging your emotional intelligence to turn the situation in your favor. Emotional intelligence is the ability to recognize, understand, and manage not only your own emotions but also those of the people around you. This skill is especially crucial in negotiations where outcomes are significantly affected by the interpersonal dynamics between the parties involved.