Past approach to negotiating Most people find confrontation uncomfortable and I’m no exception. Therefore, I tend to avoid situations that require me to negotiate for I see negotiation as a negative experience. If I have no choice but to engage in a negotiation, I often try to go along with whatever the other party is saying to avoid unnecessary confrontations or conflicts. Working in a retail bank forced me to engage in negotiations on a daily basis since every encounter with a client is essentially a negotiation. As a financial advisor, it is very common for me to have to negotiate a rate with the client for either a mortgage or a loan. I was trained to offer the client the target rate first and then adjust accordingly if the client asks …show more content…
Outside of work, when I have to negotiate with friends or family, I am usually very stubborn and can be easily aggravated if things don’t go according to my plans. I usually just keep reiterating my point of view until the other party agree with me. It is extremely hard for me to take no for an answer and I won’t stop persuading the other party until they finally give in and agree with me. To become better at negotiation… After reflecting on the various negotiations I was engaged in prior to the course, I find it interesting that my approach to strangers and close friends or family is completely opposite and neither is perfect. It would help if I balance it out a little by being nicer to family and friends and be more assertive with strangers. I think it is important for me to start looking at negotiations as a positive experience instead of associating it with negative confrontations or conflict. Negotiations are simply an exchange of information that can help me and the other party achieve an amicable solution or outcome. What went wrong with my approach was that I often settle for too little and end up with terms that are worse than my current situation. By constantly avoiding negotiations, I am actually missing out many potential opportunities to achieve my personal goals. This is probably why I always regret after I make a decision to agree without even trying to negotiate with the other party. When negotiating rates
Negotiation and Conflict Application Paper I immigrated to the United States 15 years ago in pursuit of higher education and a successful career. I discovered that I had to significantly readjust the habits engrained in me from childhood through interacting with new people and dealing with conflicts. My traditional and conservative upbringing in India provided a sheltered environment and programmed me into listening and obeying elders and avoiding conflict at all costs. It was my belief that any conflict big or small with the close ones would cause a strain in the relationships. Thus, I often avoided conflicts and accommodated the wishes of others at the cost of my own. I considered this
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.
In this course, I have learned that it is possible to dramatically improve my ability to negotiate. I can improve my monetary returns and feel better about myself and the people with whom I deal. I also learned that there are several ways to test my intuition and approach. The course provided me with an opportunity to assess my “instinctive” bargaining style and provides suggestions for how to further develop my bargaining abilities. The negotiation exercises were a good way to cement several of the concepts from the book and lecture and gave me several opportunities to get to know my classmate more and test some new insights with them.
For my live negotiation paper I choose to negotiate a topic with my boyfriend that is very true and dear to my heart. He is a lawyer and it is really hard to negotiate with him. We have had various conversations about having a baby. However, we continue to argue about whether I should lose twenty pounds or not. I have tried to express different reasons as to why I shouldn’t have to lose the weight, but my ideas and concerns got pushed aside all the time. I would eventually go into my avoiding style and just stop talking or give up on the topic. I’d get angry because I felt like I wasn’t being heard. I had even tried some tactics in the competing style, although I had not known what that was until I took this course, but in the end I think that I was using them wrong.
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.
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
I also learned one thing that I would like to stop doing during the negotiation is letting the other party offer first. I was able to adequately prepare for the negotiation, find the prices I wanted and was willing to accept, and identify different issues besides price to use as bargaining chips since the Statler Hotel had less to offer than the seller. Although I knew that I had taken enough time to prepare for the negotiation, I let fear of inducing a chilling effect keep me from being aggressive with my first offer. I now know I have no need to be self-conscious if I have prepared – although I read this in the book it is different to experience it in practice. I also know, that if I do miss the chance to offer first because the other party happens to be more aggressive than myself it is important to re-anchor the conversation to keep the negotiation on the track I want it to be.
Negotiation is one important part of both the professional and personal life in our everyday situations. It is critical for people to resolve disputes, distribute limited resources, and/or create something new that neither party could achieve on his or her own. Negotiations can range from coordinating project timelines with clients to asking for a raise to discussing holiday plans with family members.
Negotiation is the process of making amicable decisions between individuals or groups. In this assignment, I will discuss a negotiation that did not result in the best possible solution for all parties. This negotiation was related to my work experience where I was a realtor who was representing a buyer in negotiation of the property’s price, mortgage loan rate and terms. I am a real estate licensee and also a member of National Association of Realtors. I have been practicing my license for seven years now. Seven years of experiences in real estate industry
I feel that the most important part of negotiation is relationship building. When you build a solid relationship on trust, you are more likely to come to agreements even if you have to come up with different alternatives. I know that when I buy or negotiate things, I like to go to people I have a solid foundation with. If I don’t know someone then I ask
As I stated previously, my own conflict style tends to be accommodating. In a disagreement, I give my opinion and I listen to the other party’s and I usually end up giving in to what the other party wants. For the most part, I give in because I don’t like to argue and it just seems easier to keep the peace and give the other person what they want. When I look closer at this pattern I can see that I am accommodating out of fear that the situation
Whether it is at work, church or in our private relationships, negotiations are a necessary tool for reaching an agreement. They are made by discussing each parties point of view with the aim being to reach an agreement that is mutually beneficial. For the most part, negotiation is the process by which those people involved successfully adopt or abandon their respective position through the use of positional bargaining. There are different types of approaches for the negotiation process - some hard and others soft in their manner of approach. The desired outcome of
• Meaningful negotiation involves conflicts. The person who has a strong need to be liked, or who tends to avoid conflict, is likely to be at a disadvantage.
I found many similarities between my personal reactions and the feedback I got from my peers. In particular, I noticed that a couple people noted my lack of confidence, and one noted my lack of knowledge. As mentioned previously, I feel as though those go hand in hand for me. I have trouble sticking to my instincts when I do not have enough information to support my opinion. It is very difficult for me to let go of this, and I tend to trust others who appear more knowledgeable. I need to be aware that others often react the same way. We assume that because someone is confident, they know what they are doing. When, as I found out in the Bullard Houses negotiation, it can also often mean that they simply are better at hiding the truth. My friend also agreed that one of my biggest challenges when I am negotiating is that my face is often more expressive than I necessarily want it to be. While it can be a strength, because I come across as genuine, he also cited that it can work against me. He said that he can very clearly tell when I am unsure of myself, and can easily call my bluff. While he is a close personal friend, and knows my mannerisms better than a stranger, I still need to be aware of what I am showing people.
Negotiating is something that has been around since the beginning of mankind. We all start off negotiating as little kids, even for little things such as candy and toys. When we grow up, negotiating becomes sort of the norm. We negotiate consciously and subconsciously every single day. When you think about it, negotiation takes up most of our lives. We are always trying to see what we can get as a benefit without giving up much. It always comes down to the pie, how big is the pie and who can get the biggest slice. As we become adults with careers, there are ever some that become flat our ‘Negotiators’. This means that all they do for a living is negotiate. They are master negotiators and are praised for being so. When it comes to negotiation, persuasion is also within that talent. You have to be able to get what you want from people without them feeling like they are being taken advantage of and that they are also getting just as big a piece of the pie as you are getting, although in reality they are not.