Coaching practices for Identifying Deal Gaps
Describe almost anything you are working through and IX Coach finds the practices whose real-world fit is closest. For Identifying Deal Gaps, these are the strongest matches in the current practice library.
Does this sound like the set of challenges you might be facing?
- The deal is closed and fine, but I keep negotiating in the dark
- We’ve been going back and forth for a while and I’m starting to suspect there was never any real overlap to begin with
- I can’t get a read on what the other side actually cares about most
- We’ve just shaken hands on something we both accepted, but I have this nagging sense the deal isn’t as good as it could be for either of us
- We finally reached a deal, but I have this nagging sense we both grabbed the first version that worked just to be done
Practices that may help
- Run a negotiation debrief to learn what value was left on the table
After closing, compare priorities with the other side to see the trades you both missed.
Expanding the Pie: Negotiation Beyond Splitting the Difference - Test whether a ZOPA exists before investing further
When you suspect there may be no overlap, surface the zone gap early rather than investing time in an impossible deal.
ZOPA: The Zone of Possible Agreement - Make multiple equivalent simultaneous offers (MESOs)
Propose several package deals of equal value to you — see which the other side prefers.
Expanding the Pie: Negotiation Beyond Splitting the Difference - Propose a post-settlement settlement to optimize an agreed deal
After reaching a deal, offer to see if you can both do better — many agreements leave joint value on the table.
ZOPA: The Zone of Possible Agreement - Use a post-settlement settlement to improve a deal after agreement
Once you have a deal, offer to keep exploring whether a better one exists for both sides.
Expanding the Pie: Negotiation Beyond Splitting the Difference - Share information to unlock value
Reveal interests (not your bottom line) so both sides can find the better deal.
Win-Win Thinking: Expanding the Pie - Probe for interests, not positions
Ask why the other side wants what they say they want before responding to what they say.
Expanding the Pie: Negotiation Beyond Splitting the Difference - Knowledge-boundary identification
Map the exact point where your understanding runs out rather than treating it as a vague area of weakness.
Illusion of Explanatory Depth: You Know Less Than You Think - Map the likely ZOPA before the first session
Estimate both your own and the counterpart’s reservation points before you open, so you know what deal space exists.
ZOPA: The Zone of Possible Agreement - Ask what happens if there is no deal
Surface the other side’s BATNA by asking what they do if this does not work out.
Calibrated Questions, Made Practical
Related concerns
- When Calibrated Questions No Deal Question
Surface the other side’s BATNA by asking what they do if this does not work out.
Ask what happens if there is no deal
- When Expanding The Pie Negotiation Debrief
After closing, compare priorities with the other side to see the trades you both missed.
Run a negotiation debrief to learn what value was left on the table
- How To Expand Deal Space
Expanding the pie means trading across issues that the two parties value differently, so both sides gain more than any fixed compromise would allow. Malhotra and Bazerman’s research shows that most negotiators leave joint gains on the table because they treat every issue as a zero-sum battle.
- How To Optimize A Deal
After reaching a deal, offer to see if you can both do better — many agreements leave joint value on the table.
Propose a post-settlement settlement to optimize an agreed deal
- Information Sharing Negotiation
Reveal interests (not your bottom line) so both sides can find the better deal.
Share information to unlock value
- Logrolling Negotiation
Give the counterpart what they care most about; get what you care most about — logrolling is only possible when interests differ.
Trade across issues where each side has different priorities
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