Preview

Harborco Analysis

Better Essays
Open Document
Open Document
1205 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Harborco Analysis
Paper #1: Harborco Analysis

The Situation

As the lone representative of Harborco, I was thrust into a 15 on 1 situation in the board room. I knew that though I held much power in the case, it was imperative to make sure the groups did not side together against me. I began simply by discussing the importance of the project and how I wish to gain everyone's support. I focused on the least powerful groups at first, awarding them small victories in order to gain support. With a small group of allies in my corner, I began negotiation with Daniel Kim who represented the FED. I knew this was the most important negotiation for Harborco and tried to smoothly approach the subject. I explained first the importance of the money needed and how it will signify great returns for the area where the plant will be built. I discussed the benefits this project would have to all and at the end asked the FED for the 3 billion dollar loan. I expected a smooth yes and to quickly move on to other topics. However, I was met with a hostile rejection by Daniel Kim and even a rude comment that explained to me that I will never even get close to that amount. I was personally shocked, I did not expect this to be a problem, and asked the FED why they refused to fund such a beneficial project. Daniel Kim answered that they didn't trust my company and have other projects they would rather fund. He then said that the most the FED was willing to offer was 500 million dollars. Though still shocked at what I was hearing, I explained again how important this project is, and that the money would be put to good use. I explained that Harborco would not be able to afford such a project without the FED's help and all of our negotiation lies in this issue. Once again, Daniel Kim was not budging and kept on laughing away my request for 3 Billion dollars. With the small group of allies confronting Kim, the blockers (other ports) confronted me by saying that I was a big company and could afford this on

You May Also Find These Documents Helpful

  • Good Essays

    Swan Davis Inc

    • 3288 Words
    • 9 Pages

    Your consulting firm was just hired to explain to SDI’s managers how the market establishes the values of its securities—management wants this information in order to make accurate estimates of capital costs for use in capital budgeting. Your boss, Maria Gonzales, asked you to head up the project, and she set up a meeting for you with Bob Wilkes, SDI’s chief financial officer (CFO), and Tony Biddle, a security analyst who follows SDI. Tony Biddle agreed to help with the project, but due to other commitments, his help will be limited to providing data. To avoid any poten-…

    • 3288 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    After seeing lawyer's invoice, as I recall our first run was to get everyone's comments collectively agree and then get professional help. After reading Don reaction to invoice even board members are not on same page.…

    • 118 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Executive officers, Bill Hayes, president of the company and Hal Atkins, the Chief Financial Officer are concerned about the cost of the system in relation to the immediate tangible results, or lack there of, given in the proposal. They are basing their decision on their position to approve projects that are not able to…

    • 442 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Stock and High Country

    • 301 Words
    • 2 Pages

    What is your final recommended course of action for Pacific regarding the television program project, the equity issue of 400,000 shares of stock, and the potential acquisition of High Country? Provide…

    • 301 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    We write to you regarding what we have concluded to be some issues with current Investor-State Dispute Settlements (ISDS). Based on our research, we find that these clauses, disregarded by the previous government, perhaps have too great of a deleterious effect on Australian trade agreements.…

    • 2005 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Mickey Brawl

    • 405 Words
    • 2 Pages

    possible solutions to this dispute do you think might emerge from dialogue between SunCal and its stakeholders?…

    • 405 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    References: Grant, Bilateral, and Multilateral Negotiations. (1994). Negotiations in Debt and Financial Management. United Nations Institute for Training and Research (UNITAR). Retrieved July 22, 2000, from the web site: http://65.235.159.154/search?q=cache:Esr5UlF5IvIJ:www.org/dfm/Resource_Center/Document_Series/Document4/DocSeries4.pdf+%22Interest+Based+Strategy%22+results&hl=en…

    • 1260 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    The Player

    • 2366 Words
    • 10 Pages

    My next planning step was to gather the facts. I created an excel file (see below) to help me have a quick point of reference during the negotiation process. I color coded my target choices with yellow and my resistance point with red. The spreadsheet helped me analyze where I stood on my overall negotiation outcome in real time. My resistance point (total points) was 4,000. Creating the excel file helped me with the negotiation, by assisting with the changing values when multiple issues were being…

    • 2366 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    During the negotiation, I do not think any of us really controlled the situation from the beginning. Nevertheless, not wanting the negotiation to stay focused on the price, I kept making new propositions. I believe it worked well to show my will to find a solution that would work for both of us.…

    • 700 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Myti-Pet Case Report

    • 1404 Words
    • 6 Pages

    1. How did you plan for the negotiation? Explain how you decided on a strategy?…

    • 1404 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    c) I think that in this situation, Bob White and Rod Andrew could not have taken a course of mutual gains bargaining. The most important factor to generate alternative solutions is to shift from positional bargaining to integrative negotiation, where both parties understand each other’s priorities and they agree on a common definition of the problem (Lewicki, Saunders and Barry, 2011). In this situation both parties have extremely hard positions and it looks like no one is willing to make any concessions. When Rod Andrew tried to come…

    • 1016 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    “(Sittin’ On) The Dock of the Bay” was first performed by Otis Redding in 1967. The album “On The Dock of the Bay” was released on January 8, 1968 on a vinyl record. Otis Redding sang between 1960 and 1967. Some of his other famous songs include “These Arms of Mine” and “I’ve Been Loving You”. His career suddenly ended at age 26 in a tragic plane crash while traveling to Madison, Wisconsin for a show.…

    • 250 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    First, P-9 wasn’t fully prepared before the negotiation. Ray, the consultant of P-9, was just a consultant and not a professional negotiator. The fact was that he was an over aspiring negotiator because he set the target point too high and didn’t give the chance for counterparty to make any concessions. Furthermore, his BATNAS was improper. BATNAS is not what the negotiator hopes for, but what he really needs depends on the reality. Therefore, BATNAS can constantly change to adapt to changeable situation. However, the P-9 always insisted that the $10.69 per hour is the final offer and refused any other offers. Even though they were at a disadvantage and Hormel offer $10 per hour for 3 years, P-9 rejected without concessions. Moreover, Ray didn’t fully consider the reservation point which was the most important factor in the negotiation. He just considered the reservation point as the target point. Therefore, the agreement was difficult to be made between two parts. Furthermore, he ignored the sunk costs and risks in the negotiation. He just focus on what he wanted and didn’t figure out how much cost he would pay on the strike. As a result, he couldn’t do anything to change the consequence and failed the negotiation.…

    • 587 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Short Case: Management

    • 261 Words
    • 2 Pages

    Since the Secure Bank and Big Oil has been working together for two years through phone calls and e-mails. Secure Bank decided their senior executive would carry out the deal to closure. Julie is a female; and highly recommended with her knowledge and involvement with the oil field and oil product department with several companies. Saudi Arabia being behind where diversity is concerned and caught by surprise that they would be answering to a female executive; Julie should have been involved with the calls concerning sales involving Big Oil discussions that would create an agreement. This would have proven creditability; however, Julie was just given basic information with the papers to be signed in Chicago. Sales had assumed that Big Oil executives understood Julie would work with them.…

    • 261 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Ta Energy Case Study

    • 1790 Words
    • 8 Pages

    He should not accept Okan’s proposal to sell his stake of TA energy to RG Holding. However, he should share his stake with RG Holding by selling half of his stake to them. He should consider to return to RG Holding and develop his future strategies with them by exploiting his network and RG Holding’s resources and capabilities.…

    • 1790 Words
    • 8 Pages
    Good Essays