If you get terrified every time you are called in for a performance review, focus on your strengths, write down your best job skills or at least think about them in order to negotiate better with your boss, says a new study.
When the stakes are high, people in positions of low power may perform better by using self-affirmations to boost their confidence, the findings showed.
"You should reflect on things that you know are good about yourself," said lead researcher Sonia Kang, assistant professor of organisational behaviour and human resource management at University of Toronto.
The findings suggest that writing or thinking about one's family or other positive traits that are not associated with the high-stakes situation also may boost confidence and performance.
The researchers conducted three experiments to measure performance in pressure-filled situations. When participants were in a position of high power, they tended to perform better under pressure, while those with less power performed worse.
Self-affirmations, however, helped to level the playing field and effectively reduced the power differences.
In one of the experiments, 88 MBA students were paired together as the buyer or seller of a biotechnology plant. All participants were told the exercise would gauge their negotiating skills to raise the stakes.
Before the negotiation, half of the participants wrote for five minutes about their most important negotiating skill, while the remaining half wrote about their least important negotiating skill.
Buyers who completed the positive self-affirmation performed significantly better in negotiating a lower sale price for the biotechnology plant, effectively reducing the power differences between the buyer and seller.
The study was published online in the journal Personality and Social Psychology Bulletin.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
