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Negotiation Deciding what resources two (o more) parties each will give an in an exchange Interdependence Conflict about interdependence Goal: Satisfy your own preferences Your task Familiarize yourself with: the situation your role Decide what you want to achieve Discuss strategy/tactics The skill... From: To: The ABCs of Negotiation Acquire information interests vs. positions (the key that unlocks many doors!) Find the Biggest pool of resources to share “creating” value Claim your share of that pool of resources for yourself the goal of negotiation is to satisfy your interests! (“claiming” value) Find the biggest pool of resources to share “Expand the pie” (create value) by: making trades that help both sides Avoid one-issue bargaining one issue = can’t both win add issues fraction issues Creating Value (Collaboration) Level of dialogue not what people want but why they want it Creating value means addressing the other’s underlying interests by identifying positions that do more to satisfy both sides Collaboration position space (what) Person A Interests (why) Person B Interests (why) Words to negotiate by... There’s more than one way to skin a cat. You have to spend a buck to make a buck. Acquire information Ask questions of them (educate them about interests?) of yourself! do your homework Give some information invoke reciprocity Establish a basis for information sharing superordinate goal, shared identity Claim your share of the resources for yourself Compromising is NOT good negotiating! First advocacy play the game in your neighborhood! Make offers That satisfy you and may(?) satisfy them Use Accounts “objective criteria” that justify your position Negotiation: Conclusions Is about managing conflict to satisfy your underlying interests You don’t get anything until the other side says, “Yes!” Two ways for them to say “Yes!” Give them what they want Help them want what you give them Information is key to doing both 3 Foundation exercises Tanagram: Creating communication channels to tap the experience/expertise/perspectives of the workforce Murder Mystery: Managing those communication channels to get the best information El-Tek: Using that information to create solutions that satisfy more of everyone’s underlying interests A “People-Smart” Manager Creates and effectively uses communication channels to draw out information that makes decision that satisfy more of everyone’s – the company’s and its employees’ – underlying interests.