Ch. 1 – powerpoint • Why do negotiations take place? o Divide resources o Create pieces of the pie o Resolve a problem or dispute • Negotiation Defined o A form of decision making process in which 2 or more parties talk with one another in an effort to resolve their opposing interest • Bargaining o Competitive, win-lose situation • Negotiation o Win-win situations o Mutually acceptable (beneficial) solution • Alternatives Shape Relationship o Evaluating interdependence depends heavily on the alternatives to working together o The desirability to work together is better for outcomes o Best available alternative: BATNA Best alt to a negotiated agreement • Mutual Adjustment o Continues throughout the negotiation as both …show more content…
hball Start with ridiculously high or low unachievable opening offer Should cause other party to re-evaluate their opening offer and move closer to or beyond their resistance point • Best way to handle o Don’t make counter-offer o Bogey Negotiator pretends an issues has little or no importance to them • Most effective when negotiator find an issue that important to other party, but little value to themselves o The nibble Negotiator asks for proportionally small concessions (1% or 2% of total profit of deal) or an item that hasn’t been previously discussed o Chicken Negotiators combine a large bluff w/ a threatened action to force the other party to “chicken out” and give them what they want o Intimidation Attempt to force other party to agree by means of an emotional play (usually anger or fear • Another form of intimidation: increasing the appearance of legitimacy o Aggressive behavior Being aggressive to push your position or attack other parties position • Include: relentless push for further concessions, ask for best offer early in negotiation, and asking other party to explain his/her proposals item by item, line by line o Snow job When negotiators overwhelm the other party w/ so much information that he/she has trouble determining which facts are real or important and which are included as merely distractions • Government uses tactic frequently when releasing information publicly, another ex: technician language • How to respond to
Negotiations are something that everyone experiences and does at some level. Even if informal, people negotiate and barter using what they have to offer to get what they want all of the time. However, there are times in life where the negotiations are much more serious and the stakes a lot higher. Whether official or unofficial, there are negotiation tactics and conditions that should be watched out for because they are a sign of potential problems.
At some point in each of our lives we all have to hit the negotiation path and run. It is to our benefit to stay levelheaded and not think or act too hastily. It is not uncommon for emotions to run high when we are discussing something that is important to us, therefore, it is important to tame ones feelings when
issue, or a politician dictates a settlement. Countries negotiate to a stalemate, or they go to war.
It occurs in profit or non profit organizations, government sectors, dealing among nations and also in our personal situations such as salary package, house purchase, marriage, divorce and etc. The strategy to use can either be distributive or integrative depending on the situations and the outcomes that the party want out from the negotiation.
The technique used in the attempt to resolve the conflict was negotiation by third parties
There are many individuals who believe that he or she must do what it ever it takes to win, this is also true for negotiations. But as honest adults, with personal standards, one must focus on ethically correct actions that lead one to win. These activities involve planning and preparation. These are great tactics that can lead a professional to success while dealing with negotiations or management. There are many other ethically correct tactics that can lead a professional to reach their goals or objectives. Many times when negotiations become stressful or tough, one can easily choose the actions that will questions ones moral principles. Also, such circumstances can easily lead an individual to lye or practice deceptive tactics. Such practices can seem normal if one fails to recognize the difference between right or wrong. One must always remain ready to analyze the situation and tell the difference between right or wrong. By doing so one will apply the correct bargaining mix and succeed at doing what is right and at negotiating. When dealing with negotiations, many believe that it is fair to say that certain modifications to ones practices must take part to win a negotiation. These actions or moves must not involve questioning ones ethics. One must remain honest with the other party, this will help negotiations to remain honest during the process. Honesty will send out the right message. This message must show the other party that one is willing
Sometimes the other side refuses to play the negotiation game. They refuse to budge from their demands, attack the other party's proposals, and only seek agreements for their own self-interest. There are three approaches for dealing with negotiators that refuse to negotiate. First, concentrate on the merits. Second, utilize "negotiation jujitsu" to bring the other party in line.
Successful influencers/negotiators focus on the objectives of the other parties to the negotiation, not just their own.
Negotiation is a skill that comes very naturally to many people. Others require careful research and studying in order to learn just the basic strategies of negotiation. We must be careful that we do not end up with the short end of the stick with negotiating deals. No one ever gets exactly what they request, but you can negotiate most times.
Alternatively, the high power party may simply refuse to enter into a negotiation, because they have no need to. They can get what they want without compromising, or in any way giving in to the other side. So they pursue their alternative(s) to negotiation, which usually involve persuasion and/or force. However, advocates of the low-power side might refer to any effort at persuasion as co-optation or propaganda.
Most parties negotiate to win but usually end up either with the minimum acceptable result or with the other party feeling abused and longing for revenge. Even with cooperative negotiators there is a natural reluctance to put everything ‘on the table’. Whether cards are played close to the chest, giving little and slowly or more openly, most deals leave crumbs or chunks on the table that could have been used up in making a richer deal. The annoying thing is that nobody knew that a richer deal was within reach and possible.
For example, the parties are interested in exchanging views and points of view, but are not ready for whatever the reasons for joint actions or decisions, regarding them as, say, unprofitable or premature. If so, the talks will be informational. In general, this is not negotiation, but rather predperegovory.
Opposing interests, exchange of goods or service, and terms of agreements, are but a few reasons conflict can arise between parties. These controversies can stem from business or personal relationships, and be held in formal or informal settings, but all require some form of resolution in order to satisfy or assuage the parties involved. Negotiation, or bargaining, is a common method used to obtain resolution. A variety of strategies can be employed in this process, some with more favorable outcomes for both parties than others. A negotiation, often referred to as an art, involves both skill and science, and the use of both determines the process taken for the bargaining, as well as the outcome (Stoshikj, 2014). "Good use of reference, supports the discussion
Negotiation is the process of two individuals or groups reaching joint agreement about differing needs or ideas. Oliver (1996) described negotiation as "negotiators jointly searching a multidimensional space and then agreeing to a single point in the space." Negotiation is a form of conflict resolution. When we negotiate, the first thing that needs to be established is whether we have two or more parties that have a common objective, but also differ in ideas when it comes to how they achieve the objective. The principle behind negotiating is to finding the middle ground that is suitable for both parties involved. Not all negotiation ends in satisfactory compromise, sometimes negotiations can take a long time to conclude
Effective communication strategies and a well thought out plan of attack are essential elements to any negotiation. Incorporating these two elements will significantly improve the chances of the negotiation ending in favor of the terms sought. Alas, in this day in age negotiators are finding themselves too busy to devote the necessary time to