bargaining

Negotiate, agree on specificities and then contract

  In order to reverse the current bargaining trends in Africa, it is important that supply chain organisations, professionals, executives and directors move away from price-chiselling practices towards long-term negotiation, said Professor Douglas Boateng, the founder and CEO of PanAvest International and Partners. Speaking at the Institute of Directors Zimbabwe’s ‘Director of the Year Awards’, …

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Long-term value suffers when bargaining is confused with negotiating

  A relative lack of negotiation on the African continent is hampering region-wide service delivery, organisational value chain performance and competitiveness and broader socio-economic development, among other things. In the increasingly competitive supply chain environment organisations, businesses and individuals are continually seeking ways to ensure sustainability, competitiveness and growth. While numerous strategies and tactics are …

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