Preview

Negotiation Case

Good Essays
Open Document
Open Document
637 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Negotiation Case
Post-Negotiation Analysis For The Paradise Project
In this case, I was playing the role of chief project manager of the Paradise Project, and I was negotiating with my Manager of Artistic Design (Angel) and Manager of Client Contracts and Customer Relations (Elion) in order to resolve the conflict between each of them. Overall, I was satisfied with the final agreement, which paid 3,000 more pesos to Angel and ensured that he would change the color of the tiles and finish the job before the deadline. At the same time, Elion would be helping him get the work done. Because we were able to reach a mutually satisfying agreement, I would like to analyze three aspects of our negotiation process; how I implemented it as a chief manager, what I learned from it, and how I can improve my negotiating skills in the future to achieve even better results.
First of all, because I was playing the role of chief manager of the project; I assumed that I should be the one that controls the meeting. Therefore, I set up a brief outline for this negotiation before we met each other, and tried to keep our discussion organized. I think this was one of the significant factors that helped me steer the whole meeting toward my target outcome. Secondly, I didn’t spend too much time talking, instead, I spent lots of time asking them questions and listening carefully to their responses. I believe that nobody likes being asked to do something, but people usually like to provide ideas about how to do something. Third, during the meeting, I tried to encourage the other participants to provide their own solutions. Although some of their proposals weren’t feasible, I didn’t reject them outright, at least not at first. I pointed out the difficulties and allowed them to rethink. In fact, by employing these three strategies as a manager, I achieved a deal that was close to my target outcome, even better than my BATNA. After the meeting, I figured out that I made the mistake of treating both Elion and

You May Also Find These Documents Helpful

  • Satisfactory Essays

    A. Owner as the lessor and the medical doctor who is the lessee are the most interested parties to this negotiation. Collaborative bargaining is built on the premise that both sides--the lessor and the lessee want to cooperate to achieve a satisfactory contract settlement. That means participants must first collaborate to establish agreed-upon ground rules and to set time limits for negotiation. This early cooperation helps to set the tone for interaction at the bargaining table. Typically, the collaborative approach focuses on ongoing problem-solving rather than dealing with a buildup of issues presented at the bargaining table…

    • 561 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Negotiation Plan

    • 318 Words
    • 2 Pages

    Negotiating is the art of convincing the other side that you should get what you want. Knowing what you want from a negotiation is only a small part of what it takes to be prepared. The key to success is knowing how you are going to get what you want (Egan, 2008). This outline will indicate a negotion plan from the position of Washington Bullets Manager, Wes Unseld, in the negotiation battle between NBA Basketball Star, Juwan Howard, Miami Heat General Manager, Pat Riley, and Howard’s agent, David Falk.…

    • 318 Words
    • 2 Pages
    Satisfactory 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
  • Powerful Essays

    Negotiation

    • 2425 Words
    • 10 Pages

    In the realm of argumentation and debate many debaters negotiate their point of views in front of people all the time. Debates are basically distributive bargaining situations where debaters utilize selective presentation to try and win their arguments. This paper will define what a distributive bargaining situation is and secondly, this written discourse will define the technique of selective presentation. Furthermore, this paper will also discuss the definition of power, and the role power plays in negotiation. To elaborate on distributive bargaining situations and the use of selective presentation, I will use two arguments from a debate between James Carville, Jr., a liberal political commentator and professor at Tulane University, and S.E. Cupp, a republican political commentator, writer, and Ivey League socialite. The arguments originally specified by the republican commentator S.E. Cupp, stated “President Obama did not received the same microscope treatment that President Bush received from the media, congress, and the Senate;” and “raising taxes will not create more jobs, cutting taxes will create more jobs because businesses are job creators.” These two arguments will be used to show how selective presentation is applied in intellectual distributive bargaining situations.…

    • 2425 Words
    • 10 Pages
    Powerful Essays
  • Best Essays

    Negotiation

    • 2210 Words
    • 9 Pages

    Microsoft is under enormous pressure to reinvent itself for a world where mobile devices are…

    • 2210 Words
    • 9 Pages
    Best Essays
  • Satisfactory Essays

    negotiation

    • 373 Words
    • 2 Pages

    Regarding conflict resolution, refer to The Third Side: Why We Fight and How We Can Stop, how can you start?…

    • 373 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Negotiation Planning 5

    • 1651 Words
    • 7 Pages

    * Access to vision technology. We would like complete access to Alpha Inc.’s R&D advances in artificial vision and the opportunity to sell vision-equipped robots in all markets. However, we still don’t know if Alpha Inc. will agree to sell this technology to us.…

    • 1651 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Negotiation Analysis

    • 756 Words
    • 4 Pages

    Q.1. Who are the parties in the Frasier negotiation, what are their interests? How can the various parties influence the negotiation process and its outcome?…

    • 756 Words
    • 4 Pages
    Good Essays
  • Good Essays

    negotiation

    • 1990 Words
    • 8 Pages

    Nations have faced enormous increase in international negotiations from 20 years ago. In an increasingly globalized world, more businesses are trying to go beyond the borders. It is obvious that negotiations preceded all cosmopolitan commercial transactions such as a product sale, formation of a joint venture, merger or acquisitions of companies, or the licensing of the business to or from a foreign firm. Negotiations are unavoidable when an essential outcome is impossible to achieve unilaterally without incurring undesirable political, authorized, or cost-effective consequences. Hence, global negotiations play a crucial role to get a satisfactory multinational business agreement.…

    • 1990 Words
    • 8 Pages
    Good Essays
  • Good Essays

    CHAPTER ONE The Nature of Negotiation 4-2 Introduction Negotiation is something that everyone does, almost daily 4-3 Negotiations Negotiations occur for several reasons: • To agree on how to share or divide a limited resource • To create something new that neither party could attain on his or her own • To resolve a problem or dispute between the parties 4-4 Approach to the Subject Most people think…

    • 8606 Words
    • 35 Pages
    Good 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
  • Satisfactory Essays

    Negotiation Myths Myth

    • 642 Words
    • 3 Pages

    Chapter 1: Essentials of Negotiations 1. Creating Value - Win-Win Negotiation 2. Claiming Value - Staying in Business! 3. Building Trust - Long-term sustainability Negotiations Sandtraps 1. Leaving Money on the table (Lose-Lose Negotiation) 2. Settling for too little (Winnerʼs Curse) 3. Walking away form the table 4. Settling for terms that are worse than the alternative (Agreement Bias) Why People are Ineffective Negotiators - Faulty Feedback - Satisficing - Self-reinforcing incompetence Negotiation Myths Myth 1: Negotiations are Fixed Sum Myth 2: You Need to be either Tough or Soft (Principled negotiator follow an ʻenlightenedʼ view of negotiation) Myth 3: Good Negotiators are Born Myth 4: Experience is a Great Teacher Myth 5: Good Negotiators Take Risks Myth 6: Good Negotiators Rely on Intution Chapter 2: Preparation - What t do before Negotiation 80% - Preparation + 20% Negotiation process Excellent Preparation encompasses 1. Self Assessment a. What Do I Want ? b. What is my Alternative to reaching agreement in this Situation ? c. Determine Your Reserve Point d. Be Aware of Focal Points e. Beware of Sunk Costs f. Do not confuse Target Point with your Reserve Point g. Identify the Issues in the Negotiations h. Identify the Alternatives to each issue i. Identify Equivalent Packages of Offers j. Assess You Risk Propensity k. Endowment Effects l. Am I Going to Regret This ? m.Violations of the Sure thing Principle n. Do I have an appropriate Level of Confidence…

    • 642 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Negotiation Quiz

    • 3192 Words
    • 13 Pages

    66. (p. 10) Describe a "mutual gains" situation. When parties' goals are linked so that one person's goal achievement helps others to achieve their goals, it is a mutual-gains situation, also known as a non-zero-sum or integrative situation, where there is a positive correlation between the goal attainments of both parties.…

    • 3192 Words
    • 13 Pages
    Good Essays
  • Good Essays

    negotiation

    • 1078 Words
    • 4 Pages

    To accomplish this out-of-class task, I first figured out what to buy and where to buy it. I looked up the Google maps and tried to find a right store to do the negotiation. I ruled out restaurants, supermarkets and some chain stores like Starbucks, because they offer a fixed price and they have policies on the prices. Finally I found a flower store near my house called Alice Flowers. After visiting their websites (Surprisingly, they have their own website), I decided to buy a table plant. I searched the Internet to try to find an approximate average price for table plants. I found that Amazon offers the cheapest price – around 30 dollar. The price from other online flower shop are much higher than 30, some are more than 70. Before leaving for my destination, I put 40 dollars cash in my pocket.…

    • 1078 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Negotiation Analysis

    • 3528 Words
    • 15 Pages

    5. Michael Bradford. (1997, August). UPS, “Teamsters boxing on benefits”. Business Insurance, 31(32), 1,25. Retrieved April 29, 2010, Business Insurance v31 p1, august 11, 1997. (Neutral)…

    • 3528 Words
    • 15 Pages
    Powerful Essays

Related Topics