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Introduction to Negotiation Strategy
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At Oak Spring University, we provide corporate level professional Negotiation Strategy and other business case study solution.
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What’s my BATNA (Best Alternative To a Negotiated Agreement) – my walkaway option if the deal fails?
What are my most important interests, in ranked order?
What is the other side’s BATNA, and what are his interests?
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By interests, we do not mean the preconceived demands or positions that you or the other party may have, but rather the underlying needs, aims, fears, and concerns that shape what you want. Negotiation is more than getting what you want. It is not winning at all cost. Number of times Win-Win is better option that outright winning or getting what you want.
Options are the solutions you generate that could meet your and your counterpart’s
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When soft bargainers meet hard bargainers there is always the danger of soft bargainers ceding more than what is necessary. To avoid this scenario you should always focus on legitimate standards or expectations, clearly understanding the arbitrage . Standards are often external and objective measures to assess the fairness such as rules and regulations,
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Every negotiators going into the negotiations should always work out the “what if” scenario. The negotiating parties in the “
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One of the biggest problems in implementing the negotiated agreements in corporate world is – the ambiguity in the negotiated agreement. Sometimes the negotiated agreements are not realistic or various parties interpret the outcomes based on their understanding of the situation. It is critical to do negotiations as water tight as possible so that there is less scope for ambiguity.
Many negotiators make the mistake of focusing only on the substance of the negotiation (interests, options, standards, and so on). How you communicate about that substance, however, can make all the difference. The language you use and the way that you build understanding, jointly solve problems, and together determine the process of the negotiation with your counterpart make your negotiation more efficient, yield clear agreements that each party understands, and help you build better relationships.
Another critical factor in the success of your negotiation is how you manage your relationship with your counterpart and other people doing the mediation. According to “
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According to
Harvard Business Review
, there are three types of negotiators – Hard Bargainers, Soft Bargainers, and Principled Bargainers.
Hard Bargainers – These people see negotiations as an activity that they need to win. They are less focused less on the real objectives of the negotiations but more on winning. In the “
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File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "nexttext4" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 417
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 417
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "nextlink5" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 418
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 418
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "nexttext5" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 418
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 418
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevlink1" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 426
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 426
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevtext1" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 426
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 426
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevlink2" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 427
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 427
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevtext2" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 427
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 427
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevlink3" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 428
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 428
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevtext3" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 428
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 428
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevlink4" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 429
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 429
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevtext4" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 429
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 429
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevlink5" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 430
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 430
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Severity: Warning
Message: Attempt to read property "prevtext5" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 430
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 430
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
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Severity: Warning
Message: Attempt to read property "casename" on null
Filename: frontend/negotiationcase-analysis.php
Line Number: 455
Backtrace:
File: /var/www/oakspringuniversity.com/public_html/application/views/frontend/negotiationcase-analysis.php
Line: 455
Function: _error_handler
File: /var/www/oakspringuniversity.com/public_html/application/controllers/Frontpage.php
Line: 163
Function: view
File: /var/www/oakspringuniversity.com/public_html/index.php
Line: 315
Function: require_once
Consumer Cyclical , Recreational Products
Financial , Misc. Financial Services
Financial , Investment Services
Energy , Coal
Services , Printing & Publishing
Basic Materials , Metal Mining
Basic Materials , Chemical Manufacturing
Healthcare , Medical Equipment & Supplies
Technology , Software & Programming
Financial , Regional Banks