International negotiationUnit 4
ObjetivesUnderstand the concept of negotiation and its key elements.Examine how to use negotiation to manage situations of interdependence.Consider how negotiations may be practical in management conflict.Understand the importance of goal setting in negotiations.Analyze the major elements of negotiation strategy and the process of selecting a strategy.Understand how most negotiations evolve through stages and phases.
NegotiationsNegotiations 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 partiesApproach to the SubjectBargaining.
Negotiation.Three Important Themes Negotiation.Interdependence.Understanding.
Characteristics of a Negotiation SituationThere are two or more parties
There is a conflict of needs and desires between two or more parties
Parties negotiate because they think they can get a better deal than by simply accepting what the other side offers them
Parties expect a “give-and-take” processInterdependenceThis mutual dependency is called interdependence
Interdependent goals are an important aspect of negotiation
Interdependent parties are characterized by interlocking goals
Having interdependent goals does not mean that everyone wants or needs exactly the same thing
A mix of convergent and conflicting goals characterizes many interdependent relationshipsTypes of InterdependenceAffect OutcomesInterdependence and the structure of the situation shape processes and outcomes.Alternatives Shape InterdependenceEvaluating interdependence depends heavily on the alternatives to working together
The desirability to work together is better for outcomes
Best available alternative:  BATNA (acronym for Best Alternative to a Negotiated Agreement)Mutual AdjustmentContinues throughout the negotiation as both parties act to influence the other

Unit4 International Negotiation

  • 1.
  • 2.
    ObjetivesUnderstand the conceptof negotiation and its key elements.Examine how to use negotiation to manage situations of interdependence.Consider how negotiations may be practical in management conflict.Understand the importance of goal setting in negotiations.Analyze the major elements of negotiation strategy and the process of selecting a strategy.Understand how most negotiations evolve through stages and phases.
  • 3.
    NegotiationsNegotiations occur forseveral reasons: To agree on how to share or divide a limited resource
  • 4.
    To create somethingnew that neither party could attain on his or her own
  • 5.
    To resolve aproblem or dispute between the partiesApproach to the SubjectBargaining.
  • 6.
    Negotiation.Three Important ThemesNegotiation.Interdependence.Understanding.
  • 7.
    Characteristics of aNegotiation SituationThere are two or more parties
  • 8.
    There is aconflict of needs and desires between two or more parties
  • 9.
    Parties negotiate becausethey think they can get a better deal than by simply accepting what the other side offers them
  • 10.
    Parties expect a“give-and-take” processInterdependenceThis mutual dependency is called interdependence
  • 11.
    Interdependent goals arean important aspect of negotiation
  • 12.
    Interdependent parties arecharacterized by interlocking goals
  • 13.
    Having interdependent goalsdoes not mean that everyone wants or needs exactly the same thing
  • 14.
    A mix ofconvergent and conflicting goals characterizes many interdependent relationshipsTypes of InterdependenceAffect OutcomesInterdependence and the structure of the situation shape processes and outcomes.Alternatives Shape InterdependenceEvaluating interdependence depends heavily on the alternatives to working together
  • 15.
    The desirability towork together is better for outcomes
  • 16.
    Best available alternative: BATNA (acronym for Best Alternative to a Negotiated Agreement)Mutual AdjustmentContinues throughout the negotiation as both parties act to influence the other