preview

Negotiation Reflection

Good Essays

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 …show more content…

We should be prepared. Also, we need to hold firm to our principles. Do not forget we have something the supplier wants; they need us as much as we need them. When something is important to us, stick to our guns. Suppliers will respect us for it. Moreover, we do not be intimidated. We do not automatically accept the contract terms a supplier suggests/offers us. Remember that it is their job to get the best possible outcome for their company. However, that is our job too. Furthermore, acknowledging the strengths in the supplier’s proposal or positive past performances before identifying weaknesses can make them more receptive to considering our point of view. Additionally, we have to Control the Negotiations. We have to leading the agenda, tabling the objectives, and control the pace of the meeting all help to assert our position in the negotiation process. Consequently, negotiation is a process that can be approached in many ways. No matter what strategy we choose, success lies in how well we prepared. The key to negotiating a beneficial outcome is the negotiators’ ability to consider all the elements of the situation carefully and to identify and think through the options. At the same time, negotiators must be able to keep events in perspective and be as fair and honest as circumstance allows. Because a common ground or interest has brought the parties to the negotiating table, a negotiator can benefit by trying to capitalize on this common

Get Access