Hotel groups are increasingly embracing franchising as they pursue lighter, more scalable business models. But the shift from management agreement to franchise agreement is creating new tensions around control, independence, risk and responsibility.

When we think of Christian Dior, we envision graceful silhouettes, the iconic New Look, and the pinnacle of Parisian elegance. But few know that he was also a devoted gourmet and a true connoisseur of the art of entertaining.

The Truth About Wine: Time to Set the Record Straight in an Era of Health and Longevity Trends

Did you know that the environment accounts for up to 20% of how much you enjoy a drink? It’s a fascinating insight into the multisensory nature of eating and drinking, particularly within the context of luxury dining and fine gastronomy. While taste and smell play major roles, the dining environment is equally important, especially in high-end hospitality where creating a memorable experience is key.

Given the importance of negotiation in our lives and especially when doing business, the question we must ask is: What are the qualities that make some negotiators more effective than others beyond age, sex, status, education, motivations, and even intelligence?

Are there any other basic character attributes negotiators should develop or that should be highlighted? The answer is yes, and these are some of the most important

Regardless of how easy it is to send an instant message or how tight the agenda or the budget may be, a well-aware negotiator should continue giving importance to face-to-face meetings for better negotiation outcomes. Otherwise, one would be underestimating human nature.

Here are five good reasons a negotiator should give importance to face-to-face negotiations and incorporate it in their negotiation strategy.

To transcend initial rejection and overcome obstacles, a skilled negotiator must engage their creativity and generate ideas. Negotiation is a conflict of interests where gaps must be bridged, discrepancies ironed out, and accord reached. Creative negotiators can best generate solutions. Here is why and how.

Stress is on the rise in the modern World.

Everywhere negotiators are facing increasing stress levels at work (20% increase in the last 3 decades according to research). The recent pandemic has unfortunately not improved the situation.

A bit of stress is not entirely bad. It helps us go through adversity, face challenges, regain focus, etc. Astronauts and elite athletes train under stress to perform and respond better. However, too much of it will impair one’s performance as a negotiator.

Developing strategic brand partnerships is key to growing a business. There is a limit to what corporations can do or achieve by themselves. Getting a strategic partner on board can help them to go further or faster.

Brand partnerships have to create extra value. 1+1 should equal 3 and not 2. This is a basic principle.

Here are 5 steps on how to establish successful brand partnerships based on experience…

Evolving in The Modern World offers many great opportunities with great advancements, but also presents many challenges for negotiators. One of them is the fact that technologies context, rules, goals are changing all the time, which requires a high level of adaptability.

Disruption is not new, but the speed, complexity and global nature of disruption is at a scale we’ve never seen before.

The problem is that we are not necessarily wired to change (and even less to change quickly).

Few people spend enough time preparing for negotiations. Most just fit this into their commute to the meeting point and rely on their expertise to compensate.

Humans over-estimate their capabilities (including performing at negotiation) and focus on short-term problems but not distant ones. Contrary to what we think, planning ahead is not necessarily encoded in our genes.

The consequence is that we end up reacting to events with insufficient information rather than anticipating them

As an advocate for gastrodiplomacy and an organiser of exclusive dinner events, I love to see France’s culinary traditions promoted.

French President Emmanuel Macron announced yesterday the creation of center of excellence for gastronomy to promote French cuisine in international competitions.

How many hearts have we won serving the most exquisite dishes? France has been using its gastronomy as a tool in international relations for centuries. The art of serving delicate and appetizing food has long been a way for the French to showcase their know-how and excellence.

A bad reputation will always precede you. If you come to the negotiation table with a bad reputation, your counterpart will rightly be on the defensive despite considering a deal with you. Counterparts will be cautious and less inclined to make concessions. A good reputation brings more business and better business referrals. I personally prefer doing business and negotiating with people who have a positive record for generating money not only for themselves, but also for their partners. These are win-win partners.

Like athletes, CEOs can reach a steady continuous stream of performance through flow. Like navigator, they are intuitive and adaptive and can react with equal skill to good fortune and adversity. We have a lot to learn from.

Along with meditation, visualization techniques can be useful to negotiators. They improve creativity, confidence, and focus. Visualization basically consists in mapping your mind through a repeated projection of images and positive energy. These are things you want to happen and you believe in. It’s like working on a puzzle with the advantage of already knowing how the puzzle will look like when completed.

Most people are risk sensitive, especially when they are pushed to make a choice and money is involved. This sensitivity is fuelled by the attention we develop for negative aspects of things and bad news. The feeling of pain is also greater than the pleasure of gain.

If given a chance at an opportunity with a high potential payoff but an uncertain outcome, most will choose to stay home.

This is perfect example of failure in negotiation and influence and a great negotiation tip for readers. Gerard Ratner, CEO of Ratner Group lost his business, reputation and fortune almost overnight for forgetting some basic principles of negotiation and influence.