My First Negotiation : The Cornerstone Of Successful Negotiation

and dearly loved in the art for of negotiations. In watching any of her works she

This paper presents my reflections on the Negotiations: Strategy and practice coursework in the MBA program at Said Business School, University of Oxford. My paper will present various reflections on different themes of negotiation simulation undertaken by me during the course. This course has allowed investigating and reflecting on key drivers of negotiation techniques for me. I have learned that transparency and coalition are the core tenet of negotiation for me. For the purpose of this reflective exercise, I will conduct a comparative analysis of the process, dynamics and outcomes based on the themes such as negotiation styles, bargaining zones, power, emotion, coalitions, value claiming vs value creation etc. for the below-mentioned simulations:

Negotiation occurs on a regular basis in a daily life and individuals negotiate in business occasions or outside of the workplace. Having superior negotiation skills is conductive to the success in personal life and career development. This essay will indicate that my natural preferences for different influencing tactics, comparisons between theory and practice, and a personal action plan to improve negotiation skills based on the role-play activity in my class.

Our book defines negotiation as an interpersonal decision-making process that is necessary whenever we cannot achieve our objectives single-handedly. Even though everyday involves negotiations, I still don’t know proper techniques on effectively negotiating. Personally, I give in when negotiating with people. Usually this is with my friends, family, or my boyfriend when we are deciding what to do or where to go. When it comes to something more important than what restaurant to eat at, I try harder to “win” the negotiation.

Ladies and gentlemen of this meeting I am honored and appreciative to have this chance to address you today. Niceville is my home and I want nothing more to than to see this great city shine and grow to its fullest potential.

The purpose of this paper is to demonstrate the need for an effective negotiator to plan, organize, direct, and control a negotiation. This paper will describe the skills and behavior needed for effective negotiations. An understanding of various negotiating strategies or tactics and how they can be applied in varying types of negotiations will be demonstrated. Technology and information resources will be used to research issues in business

Cahn and Abigail (2014) define negotiation as “a particular type of conflict management—one characterized by an exchange of proposals and counter proposals as a means of reaching a satisfactory settlement” (p. 229). Negotiation is a fact of life. Subsequently, we spend a substantial amount of time negotiating for something every day. The fact of the matter is that life is full of conflict situations. Whether in our personal or professional lives and whether or not we are aware of it, we are often engaged in conflict situations that require tapping into our conflict negotiation skills. From deciding what movie to see, where to eat, to asking one’s boss for a raise, we are all engaged in some type of negotiation. These real-life

Prepare responses to the questions below after viewing the Negotiation Strategy and Tactics Tutorial in this week's lecture. In drafting your answers to the questions, make sure that you apply course concepts in your answers.

Negotiation is one of the most common approaches used to make decisions and manage disputes. It is also the major building block for many other alternative dispute resolution procedures. According to Christopher W (2012), negotiation is the principal way that people redefine an old relationship that is not working to their satisfaction or establish a new relationship where none existed before. Because negotiation is such a common problem-solving process, it is in everyone 's interest to become familiar with negotiating dynamics and skills. This section is designed to identify what worked well and not well in the negotiation. In addition, to present strategies that generally makes the negotiation more efficient and improvement in the next

Negotiation is a formal communication focused to remove any incompatibilities and on reaching mutually acceptable agreements. The purpose of negotiations is to obtain a mutually beneficial solution – a dovetailing of interests that gives both sides a degree of satisfaction with what has been agreed. Therefore, negotiation has to be conducted in a fair manner and a consensus (agreement) has to be reached.

In the current world, everybody is a negotiator. A person does not necessarily have to be purchased for them to negotiate. Even small children are negotiators when they are exchanging toys and cards, and the art has been extended in the current economic world where employees are allowed to negotiate for better wages with their employers. Negotiation does not stop there as people settle even in their private and personal lives of families, friends, siblings and other significant people. However, it has been observed that most people do not like the act of negotiating because they consider the process to be a hassle. Whichever way, even when people consciously think that they are avoiding the bargaining process, they are unconsciously engaging in the process without realizing that they are doing it (AMA, 2013).

Negotiation has about six stages: preparation, discussion, clarification of goals, negotiate towards a win-win outcome, agreement, and implementation. When you prepare, you need to have all your facts strait in order to make a compelling argument. In discussion, each side clarifies their point of view. During clarification it is helpful to list each sides factors based on priority. The focus in negotiation is to find an alternative that is favorable to both sides. In order to reach an agreement, both sides viewpoints and interests need to be understood, then a course of action can be implemented. It is important to not become defensive when negotiating and to remember that you are not the only one with needs to be met. Found at:

Although, I am not that strong in leading a negotiation towards it’s ultimate goal. In order to increase the probability of a successful negotiation, for me as an individual, first I should identify the required steps and the order they should be taken in the course of a negotiation and try not to skip any step. The second item in my action plan is to improve my ability to construct trust-based negotiation. If trust is the basis of a negotiation, then both involved parties can think of a long relationship rather than one time transaction and it is what matters.

An effective negotiator is a strategic negotiator, who is able to switch back and forth between different phases of a negotiation without losing the goal in mind. An effective negotiator takes time to process what is happening during the negotiation and ensures that the right problem is being resolved while taking into consideration other party’s intrests to finding a common ground. Concequently those type of actions facilitate in the process of a negotiation by creating a cooperative environment and enhance the furture relationship between the parties (Fells 2012; Sebenius 2001). An effective negotiator aknowledges that no party is the same and as every negotiation, every negotiator is different from one another. These variations explain the DNA of negotiation that requires an effective negotiator to take into considerations the strands of the DNA, such as “reciprocity, trust, power, information exchange, ethics, and outcome” that vary from person to person (Fells 2012, pg 8).

Negotiation is all about a strategy. The end result is usually to end a problem that someone is having, whether it is personally or