Author: Phil Saurman
Phil Saurman is an experienced K-12 financial advisor. He now works at Eidex as a Financial Data Analyst. You can reach Phil at email@example.com
As the old saying goes there are two things we all have to look forward to….death and taxes. As a K-12 school administrator we can add one more thing…..negotiations. As negotiations are unavoidable, it is important for a district to utilize “best practices” on a consistent basis to achieve the best and most transparent result for all parties in the process. Presented below are a series of best practices that a district may utilize to maintain efficiency and transparency throughout the negotiations process. These are not meant to be a complete list, as each district will have unique issues to deal with and include in their negotiations process.
Overall Best Practices for A Successful Negotiations
DATA COLLECTION – YOUR DISTRICT/PEER DISTRICTS, TRENDING
An important element when preparing for negotiations is to collect an ample of relevant and highly descriptive data. This data can be used in reports, presentations, and other supplementary documents to facilitate data-oriented conversations around financial decisions. Eidex Focus, our software platform, allows users to access the following financial data with ease, along with the ability to perform predictive analyses and peer group comparisons.
THE BARGAINING PROCESS
COMMUNICATIONS PLANNING; EXTERNAL AND INTERNAL
REVIEW/DOCUMENT RESULTS OF THE BARGAINING PROCESS
Negotiation is a process. The process follows a cycle to successfully complete a positive outcome. Always follow the steps to maximize the likelihood of a successful process.
Our team at Eidex would love to help provide you with the necessary information for a successful negotiation. Please don’t hesitate to reach out at firstname.lastname@example.org and let us know what you need!