Preview

Essentials of Negotiation - Chapter 1: The Nature of Negotiation

Satisfactory Essays
Open Document
Open Document
1311 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Essentials of Negotiation - Chapter 1: The Nature of Negotiation
Essentials of Negotiation - Chapter 1: The Nature of Negotiation

Key Words Models
Bargaining Dual Concerns Model
Bargaining Range
BATNA
Claim value
Concession Making
Conflict
Dependent
Dilemma of Honesty
Dilemma of Trust
Distributive Bargaining
Independent
Interdependent
Intergroup Conflict
Integrative negotiation
Intragroup Conflict
Intrapersonal or Intrapsychic Conflict
Interpersonal Conflict
Mutual-Gains / Non Zero-Sum / Integrative Interdependence Affect Outcome (IAO)
Negotiation
Perceptions of Outcome
Perceptions of Process
Zero-Sum / Distributive IAO

Objectives:
1a. Negotiation (def.): a form of decision making in which two or more parties talk with on another in an effort to resolve their opposing interests (p. 3).
Bargaining: describes competitive, win-lose situations
Negotiation: refers to win-win situations
A process that transforms over time due to mutual adjustment
1b. Key elements of a negotiation process: Interdependence, mutual adjustment,
1c. Types of Negotiation:

2. How people use negotiation to manage situations of interdependence.

3. Negotiation within the broader perspective of processes for conflict management.

Occurrence:
1. to agree on how to share or divide a limited resource
2. to create something new that neither party could do on his or her own
3. to resolve a problem or dispute between parties

When to avoid negotiating:
1. risk of losing everything
2. running at capacity (raise prices)
3. don’t care (everything to lose and nothing to gain)
4. no time (risk of settling for less)
5. no trust in counterparts (negotiation is of little or no value)
6. waiting will improve position
7. not prepared

Characteristics of a Negotiation Situation:
1. Two or more parties ( a process between individuals).
2. Conflict of needs and desires
3. Voluntary process
4. Expect

You May Also Find These Documents Helpful

  • Good Essays

    A negotiation is a civil process that takes place to resolve and develop a solution between all parties involved. Negotiations take place between all types of parties; organizational and global. They are structured to resolve the situation in an orderly manner with steps and strategies.…

    • 662 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    BUAD 304 final study guide

    • 2175 Words
    • 9 Pages

    8. Negotiation – A process in which two or more parties exchange goods or services and attempt to agree…

    • 2175 Words
    • 9 Pages
    Satisfactory Essays
  • Powerful Essays

    Hardball Research Paper

    • 1944 Words
    • 8 Pages

    Negotiation is a dialogue between two or more people or parties, intended to reach an understanding, resolve point of difference, or gain advantage in outcome of dialogue, to produce an agreement upon courses of action, to bargain for individual or collective advantage, to craft outcomes to satisfy various interests of two person/ parties involved in negotiation process. Negotiation is a process where each party involved in negotiating tries to gain an advantage for themselves by the end of the process. Negotiation is intended to aim at compromise.…

    • 1944 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Negotiation this is a need and willingness to discuss issues, consult our clients, colleagues and management in reaching optimum solutions to problems and issues. Sometimes it involves compromise or confrontation, as well as…

    • 1401 Words
    • 6 Pages
    Better Essays
  • Good Essays

    * negotiation is a process involving dealings between people that is intended to result in an agreement and a commitment to a course of action…

    • 2285 Words
    • 10 Pages
    Good Essays
  • Good Essays

    There are many factors that help to create a great and effective negotiator. A negotiator's relative strength is determined by the quality and extent of his/her preparation. The better you understand your interests (why you want what you want); and the better you understand the interests of other parties (why they want what they want), the greater the chance you will be able to reach an desirable solution which leaves the parties feeling as if each has achieved the major portion of their goals. A negotiator's relative strength can be measured by whether people walk away thinking they would be pleased to negotiate again with him/her. If people leave a negotiation with you thinking they never want to see you again, then you are a poor negotiator. A negotiator needs to understand that different issues should be treated as having different priorities in different negotiations. Sometimes the relationship is most important; other times creativity is the measure of how well one negotiates; and it is always true that good communication is a fundamental measure of a negotiator's strength. A good negotiator makes her/his points clearly understood by other parties. A better negotiator makes understanding other parties her/his top priority.…

    • 2461 Words
    • 10 Pages
    Good Essays
  • Good Essays

    Litigation vs. Mediation

    • 655 Words
    • 3 Pages

    Negotiation – a process of compromise by both parties by creating a contract or ending a dispute which involves only these parties in the case (This being the most common of the choices).…

    • 655 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Principle of Negotiations

    • 2654 Words
    • 11 Pages

    A lot of walking, standing for periods of time, and although not required all the time, running.…

    • 2654 Words
    • 11 Pages
    Better Essays
  • Powerful Essays

    Negotiation is a process by which two or more parties, each with its own goals and perspective, coordinate areas of interest through concession and comprise to reach an agreement and take joint decisions about areas of common concern in a situation in which neither side has nor wants to use complete power. “we know that lawyers and car salespeople spend lots of time negotiating, but so do managers. Managers have to negotiate salaries for incoming employees, cut deals with superiors, bargain over budget, work out differences with associates, and resolve conflicts with subordinates. Negotiating is something that every one engages in almost every day and most of the time without even realizing it. . Negotiation occurs when two or more conflicting parties attempt to resolve their divergent goals by redefining the terms of their interdependence (Pruit and Carnevale 1993)…

    • 1252 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Every negotiation starts with a process followed by a strategy because without either, then it would be just a disagreement with any kind of resolution to the issue. Making sure that you get what you set out for is important but does not necessarily mean that the other person has to lose in the negotiation so making sure to go through the process and then coming up with a strategy ensures that all parties come out with a win-win rather than a win-lose negotiation.…

    • 1046 Words
    • 5 Pages
    Good Essays
  • Good Essays

    negotiation assigment

    • 1247 Words
    • 5 Pages

    STATES OF CONSCIOUSNESS Professor. Nelly E. Conde, MA Sleep and Dreams What are the different states of consciousness? What happens when we sleep, and what are the meaning and function of dreams? Sleep and Dreams What are the major sleep disorders, and how can they be treated?…

    • 1247 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Negotiations are handled differently by everyone. Some Negotiators are more passive and others extremely direct. Some love the bargaining process and begin the offer extremely low or high for the purpose of playing the negotiating game with their opponent. Others just prefer to have their best cards on the table with a take it or leave it attitude. Negotiators should learn when and how to use different negotiating styles. After all, negotiations play a huge role in business today. Two main negotiating strategies exist; non engagement and Active engagement. Both strategies will be discussed thoroughly to assist in identifying how different strategies may be used in business.…

    • 938 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Negotiation and Leadership

    • 1967 Words
    • 8 Pages

    The negotiation is a process where two parts make a deal to satisfy the interests or needs of each other.…

    • 1967 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Though the negotiations discussed were for different issues they were similar in being integrated. In both negotiations all sides were trying to come to a mutually satisfactory end. In the first negotiation Time Warner Cable and CBS were working together to make sure an agreement could be reached in order to maintain a level of service their customers had come to…

    • 520 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Contract Negotiation

    • 1052 Words
    • 5 Pages

    Negotiation is a process in which individuals with differing viewpoints work together to come up with a solution that can work for both parties. Negotiation is a huge part of our everyday live. It is also one of the most effective means of decision making. Conflicts arise constantly and people deal with them in all sorts of ways from legal actions to going to war. These conflicts can be anything from what’s for breakfast to a custody battle. There are no limits in life to where a negotiation can come in to place. I myself have had to of the biggest negotiations in my life in the past year. They were getting divorced and purchasing my first car on my own. While the divorce may be a little personal it is a prime example of a negotiation. Through respective legal parties we had to wager out to whom our items we had accumulated would go. We used every step of the typical negotiation process. Together we had a house, three vehicles, a checking account, and savings account to split up. First, the initial stage, we met with our own individual lawyers and gathered information on the other party. Next, the middle stage, we came up with our offer, negotiated, and finally agreed upon a deal. Lastly, the final stage, we made everything legal. Luckily my situation was simple where in the end we came to an agreement where we both got everything we wanted and parted ways happily. Most negotiations aren’t this simple or easily played. Both parties like to play subtle games with each other called shadow negotiation to sort of physic each other out. Some of these games are strategic moves, strategic turns, and appreciative moves.…

    • 1052 Words
    • 5 Pages
    Better Essays