Top 5 Tips for great business negotiation

Microsoft and Samsung finally settle their royalties’ dispute over Android

If you follow technology or corporate news, you would have seen that the technology oligarchs Microsoft and Samsung have ended their royalties’ dispute over Android. We will never know much Samsung will continue to pay Microsoft for Android royalties, but Microsoft has earned around $1 billion from Samsung in the form of patent-licensing royalties during 2013! Needless to say this was one case which would require the art of a great arbitrators – the super negotiators.

Whether it’s arbitration in massive corporate cases like this, negotiation is a way in which people resolve their differences, where compromise or agreement is reached (hopefully) avoiding argument.