Whether you are pitching a market expansion, proposing a strategic acquisition, or advocating for a major technology investment, you often face objections. The stakeholders might say the timing is wrong, the risk is too high, or the resources should be allocated elsewhere. Whenever you must bring someone over to your point of view, you are likely to get pushback and objections. Learning to deal with objections is a key negotiation skill and one that every business owner or executive must master.
While objections might raise different concerns, they generally take one of three forms:
“Yes, but…,” such as “Yes, but we already have a strategy that works fine.”
“What if… ?” as in “What if we adopt this strategy and it doesn’t work?”
“Why should we… ?” For example, “Why should we make this change now, just as people are recovering from recent layoffs?” “Why should we restructure our leadership reporting now, just as we’re stabilizing after the recent acquisition?”
To bring your reader or listener over to your side, you must be prepared to deal with these objections—and any others that come your way.
Put yourself in the other person’s position
Imagine you were opposing your own proposal. What objections would you have? Consider what you know about your audience: What are their likely concerns? What are their questions? What form are their objections likely to take? The following responses that can help.
- Acknowledge the person’s objection
You might say, “I hear that you’re concerned about the regulatory requirements of this proposal and how this might affect our relationship with investors.” Then, restate the objection to be sure you truly grasp their meaning.
You could say, “Let me be sure I understand. You’re saying that moving forward with this proposal could trigger regulatory scrutiny that might complicate our other priorities and potentially concern our key investors. Is that correct?” or “If I understand you, you’re worried this could create compliance risks that outweigh the strategic benefits. Did I get that right?”
If the prospect says no, ask for clarification before moving on. This step reassures the other person that you are genuinely listening and that you respect their perspective.
- Respond to the objections thoughtfully
Respond effectively by demonstrating the benefits of your proposal and describing the costs of not acting. For example, in the board of directors’ case, you could point out that your current strategy does not consider the impact of artificial intelligence on your operations, while the proposed strategy seamlessly integrates AI into the organization. You might also point out that other organizations have successfully implemented similar strategies.
Your description of costs and benefits should focus more on the value of your proposal than the cost. When you clearly convey value, cost becomes less significant.
- Collaborate to find a solution that feels manageable and worthwhile for everyone
Rather than pushing your position, invite others to share their ideas for addressing the issue. Work together toward an approach that satisfies both sides.
For example, you might establish a phased implementation with designated oversight checkpoints or form a steering committee to oversee the rollout. You could provide data-backed risk assessments, detail contingency plans, and show how the proposal aligns with long-term vision and goals.
For organizational changes, you can offer to hold company-wide meetings where you explain how the prospective change aligns with the company vision, enabling everyone to voice their concerns. Whatever solution you arrive at should feel like a win-win. You should feel heard, and the other party should become an active collaborator in solving the problem.
When you follow these three steps—acknowledge, respond, and collaborate—you will find it easier to respond empathetically and confidently to even the thorniest objections, especially in times when resources are tight, and decisions carry more weight. Please try this method and let me know how it works for you. You can reach me at [email protected] if you’d like to share any examples or have questions.