ANCHOR Flashcards

(8 cards)

1
Q

What is the ANCHOR model?

A

Improving negotiation outcomes without damaging the relationship or improvising from fear. Its core process is: A = Aim and alternatives; N = Notice interests and zone; C = Choose the first anchor; H = Highlight trades and conditional concessions; O = Observe signals and adjust; R = Reserve your walk-away line.

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2
Q

What problem is the ANCHOR model designed to solve?

A

Improving negotiation outcomes without damaging the relationship or improvising from fear.

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3
Q

What are the steps of the ANCHOR model?

A

A = Aim and alternatives; N = Notice interests and zone; C = Choose the first anchor; H = Highlight trades and conditional concessions; O = Observe signals and adjust; R = Reserve your walk-away line.

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4
Q

What is the master question for the ANCHOR model?

A

Given my real objective, BATNA, and the other side’s interests, what offer and trade structure creates the best deal without crossing my no-deal line?

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5
Q

When should I use the ANCHOR model?

A

Use it for salary, partnerships, pricing, vendor terms, internal resource battles, conflict resolution, and deal-making.

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6
Q

What mistake does the ANCHOR model try to prevent?

A

It prevents negotiating from insecurity, making concessions too early, and entering without a walk-away line.

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7
Q

What is the one-line rule of the ANCHOR model?

A

Know your alternatives, set the frame early, trade instead of giving, and keep a real no-deal line.

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8
Q

How do I know I am using the ANCHOR model correctly?

A

You are using it correctly if you prepare before the conversation, trade conditionally, and leave with either a better deal or a clean no.

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