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2 strategies and tactics for Contract Negotiation

What is Contract Negotiation strategy?

Every great achievement starts with a well-thought-out plan. It can be the launch of a new product, expanding into new markets, or just trying to increase efficiency. You'll need a delicate combination of strategies and tactics to ensure that the journey is smooth and effective.

Finding the right Contract Negotiation strategy can be daunting, especially when you're busy working on your day-to-day tasks. This is why we've curated a list of examples for your inspiration.

Copy these examples into your preferred tool, or utilize Tability to ensure you remain accountable.

How to write your own Contract Negotiation strategy with AI

While we have some examples available, it's likely that you'll have specific scenarios that aren't covered here. You can use our free AI generator below or our more complete goal-setting system to generate your own strategies.

Contract Negotiation strategy examples

You will find in the next section many different Contract Negotiation tactics. We've included action items in our templates to make it as actionable as possible.

Strategies and tactics for optimising internal processes

  • ⛳️ Strategy 1: Conduct comprehensive process audits

    • Identify and document all current internal processes
    • Schedule process mapping workshops with relevant teams
    • Evaluate existing workflows for inefficiencies and bottlenecks
    • Benchmark processes against industry best practices
    • Collect data on time, cost, and quality metrics for each process
    • Develop key performance indicators (KPIs) for each area
    • Gather feedback from stakeholders and employees
    • Analyse collected data to identify improvement opportunities
    • Prepare an audit report with recommendations for optimisation
    • Distribute audit findings and recommendations to all relevant parties

  • ⛳️ Strategy 2: Implement continuous improvement frameworks

    • Introduce Lean or Six Sigma methodologies for process improvement
    • Train employees on continuous improvement frameworks
    • Form continuous improvement teams for each department
    • Set specific, measurable goals for process improvements
    • Monitor and record progress regularly
    • Facilitate regular process review meetings
    • Incorporate employee feedback into the improvement process
    • Utilise software tools for tracking and reporting improvements
    • Celebrate and reward teams for successful improvements
    • Prepare regular reports to share progress and insights

  • ⛳️ Strategy 3: Foster a culture of learning and knowledge sharing

    • Create a centralised repository for sharing learning and best practices
    • Encourage employees to document and share their insights
    • Organise regular internal knowledge-sharing sessions
    • Develop a mentorship programme for skill transfer
    • Encourage collaboration across different teams
    • Recognise and reward employees who contribute valuable insights
    • Leverage social media and internal communication platforms
    • Promote a culture of open communication and continuous learning
    • Develop case studies based on successful optimisations
    • Incorporate learning and development activities into regular training programmes
process-optimizationcontinuous-improvementprocess-auditorimprovement-specialistengineeringcontract-negotiation
Implement these strategies

Strategies and tactics for preparing a comprehensive mall review strategy

  • ⛳️ Strategy 1: Establish a robust mall management structure

    • Appoint a mall general manager to oversee overall operations
    • Set up specialized departments for operations, leasing, marketing, and finance
    • Designate managers for each department to ensure focused leadership
    • Implement weekly cross-departmental meetings for alignment on objectives
    • Create clear reporting structures with department heads reporting to the general manager
    • Conduct quarterly reviews of the management structure to identify areas for improvement
    • Develop a succession plan to maintain leadership continuity
    • Integrate communication and project management tools for improved collaboration
    • Organize bi-annual team-building activities to strengthen team dynamics
    • Set up performance evaluation criteria for department heads

  • ⛳️ Strategy 2: Maximize tenant occupancy through strategic lease management

    • Establish a dedicated leasing department for managing tenant relations
    • Develop a tenant mix strategy to balance retail, F&B, and service stores
    • Introduce a lease expiry management system for timely renewals and negotiations
    • Set up KPIs for monitoring occupancy rate, lease terms, and tenant satisfaction
    • Conduct market research to identify potential new tenants and sectors to enhance the mall's offering
    • Review and adjust lease terms to reflect current market conditions
    • Implement a feedback system for tenants to express needs and concerns
    • Organize regular tenant meetings to discuss and negotiate leasing issues
    • Provide incentives for anchor tenants to ensure long-term occupancy
    • Develop a contingency plan for managing high vacancy rates

  • ⛳️ Strategy 3: Enhance financial transparency and operational efficiency

    • Set up a finance and accounting department for revenue and cost management
    • Implement monthly financial reporting to track profitability and operational costs
    • Introduce a centralized billing system for tenant payments
    • Automate vendor and supplier payments to optimize cash flow
    • Conduct regular financial audits to ensure accuracy and compliance
    • Establish an expense management policy for cost control
    • Analyze financial data to identify trends and areas for cost reduction
    • Train staff in financial literacy to enhance fiscal responsibility
    • Create an annual budget plan aligning with mall objectives
    • Integrate accounting software for streamlined financial operations
mall-managementtenant-occupancygeneral-managerleasing-managerfinance-departmentleasing-department
Implement these strategies

How to track your Contract Negotiation strategies and tactics

Having a plan is one thing, sticking to it is another.

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to keep your strategy agile – otherwise this is nothing more than a reporting exercise.

A tool like Tability can also help you by combining AI and goal-setting to keep you on track.

More strategies recently published

We have more templates to help you draft your team goals and OKRs.

Planning resources

OKRs are a great way to translate strategies into measurable goals. Here are a list of resources to help you adopt the OKR framework:

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