...Successful negotiation requires compromise from both sides. Both parties should gain certain things, and both parties should lose something. You must be prepared to give up something in which you believe you are entitled. You cannot expect to defeat your opponent or "win" a negotiation via either the energy of your negotiating proficiencies or the forcing coerce of your logic. This is not to say that good negotiating skill is irrelevant. In majority cases, a range of possible results exists. Probably the most critical characteristic of world class negotiators is their ability to understand what it is that all parties to the negotiation want. The ability to see past the 'demands' of your counterparties and really understanding why it is that they are negotiating with you is an essential element that will help you to understand what common ground exists between parties. As we know, negotiation must not be mixed up with persuasion and identifying a winner. Negotiation is finding a solution which is acceptable to all sides involved. Therefore all these skills are essential to successfully negotiate towards a win-win situation for all parties involved. Continuously develop your skills. Not unlike world class performers in professional sport, world class negotiators spend significant time analyzing the way that they negotiate - particularly under pressure. It is only once you have built an understanding of your own weaknesses & strengths that you can implement measures to improve...
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...Case 1: Office Romance: Groping for Answers The Meeting R: Morning B: Good morning R: I don’t know if you read your email yet B: I’m just about to R: I got an email from Abby and I know that she sent one to you, and since you haven’t read your email I want to try to nip this in the bud and explain what this email is about. She’s accusing me of sexual harassment. What had happened, let me just give you some back history first. First of all, my wife and I are having marital problems and during that time we separated and Abby and I, because we have seen each other, because we have liked each other decided, let’s see what can happen. B: How long ago was this? R: This was 6 months ago. Last 2 weeks it has really become stressed and that’s why production is down. And I know that you know these numbers. But the problem being is that she is fighting everything. She doesn’t want to work with me, she doesn’t want to give me a hand with anything, and I’m managing it all on my own. And then she’s threatening me. Now this is in response to another email that I sent her, which she refers to in there. Now here is that email, and let me explain. Right now I’m just saying if you don’t want to get back together with me, and I had wrote her an email saying why don’t we get back together. Well she didn’t respond positively so I said fine, if you’re uncomfortable on our team, I’ll do everything that I can to help facilitate you moving to a different group. I wanted to help her, I wanted...
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...Prior to this class I never thought of myself as a negotiator. Thinking back, during negotiations situations I would have a tendency to use an accommodating style no matter what the circumstances. I always put emphasis and great value on preserving the relationship. When in negotiations, accommodating is a great style if the relationship is important, however it was less than ideal to use when the chances where high that I would only negotiation with a party once and likely never see them again. Though this course I learned that I had many areas that I needed to improve so I could become a more effective negotiator. To start, I believe the most important tool I learned was the ability to say “no.” All too often I would try too hard to make the other party happy, which would inhibit my ability to strike the best deal possible. The ability to say "no" is a powerful negotiations tool to have. I learnt this during our first negotiation simulations regarding the sale of the car. I was quickly pressured into selling the car for far less than asking price and substantially less than what other students had sold for. This was on account of the fact that I wanted the other party to be happy but also due to my lack of knowledge about the car. This taught me that preparation is top priority in negotiations. Though practice I believe my strength as negotiator is now determined by the quality and degree of my preparation prior to bargaining. The better you understand your own interests (why...
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...| | Type | Public (SEHK: 1169 SSE: 600690) OTC Pink: HRELF | Industry | Home appliances Consumer electronics | Founded | 1984 (Qingdao, People's Republic of China) Adopted current name in 1992 | Headquarters | Qingdao, People's Republic of China | Key people | Zhang Ruimin: Chairman and CEO Yang Mianmian: President Wu Kesong: Vice-Chairman | Products | Major appliances Small appliances Commercial heating and cooling systems Consumer electronics | Revenue | CNY 150.9 billion (2012) | Employees | 80,000 | Subsidiaries | Haier Electronics Group Co. (SEHK: 1169) Qingdao Haier Co. | Website | www.haier.com | About Haier History of the haier The origins of Haier date back long before the actual founding of the company. In the 1920s, a refrigerator factory was built in Qingdao to supply the Chinese market. After the 1949 establishment of the People's Republic of China, this factory was then taken over and turned into a state owned enterprise. Zhang Ruimin and the corporate revival By the 1980s, the factory had debt of over CNY¥1.4 million and suffered from dilapidated infrastructure, poor management, and lack of quality controls, resulting from the planned economic system and relevant policies. Production had slowed, rarely surpassing 80 refrigerators a month, and the factory was close to bankruptcy. The Qingdao government hired a young assistant city-manager, Zhang Ruimin, responsible for a number of city owned appliance companies. Zhang was appointed the managing director...
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...The Principles of Negotiation Abstract It is said that negotiation is an art that requires a good amount of study and a lot of practice to be able to do it successfully. This paper will show the basic guidelines that can help a person responsible for negotiating. It is said that whenever two or more people exchange ideas in order to reach an agreement or understanding, they are negotiating. It does not matter if this discussion is in the living room of your home to decide what program you will watch or between two companies over what will be the breakdown of funds in a joint business venture. As we have learned during this class whether the Program Manager is asking for resources, negotiating with a vendor, or dealing with conflicts on the team, he will need to be a skilled negotiator. In 1968 Mr. Gerard Nierenberg wrote a book titled “The Art of Negotiating: Psychological Strategies for Gaining Advantageous Bargains” (1968), in it he states, “Any successful negotiator must be familiar with human behavior and able to correctly anticipate their opponent's beliefs. They must then be able to use the right techniques and tactics to satisfy both their and their opponent's needs.” Nierenberg calls this the "Need Theory of Negotiation." This paper will show that negotiation is not a game but a way of life for successful program management. When you are tasked with managing a diverse team made of people from all over the company that do not really belong to you, negotiation...
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...Ken Griffey Jr. Negotiations Case There were many mistakes made during the Ken Griffey Jr. negotiation. The key people involved were Ken Griffey, Jr., Pat Gillick (the Mariners’ general manager), Jim Bowden (the Reds’ general manager), and Brian Goldberg (Griffey’s agent). First, there were many secrets kept during the entire process. Griffey, for example, never told Seattle upfront what his issues were. Seattle assumed it was money, but, in reality, Griffey wanted to be closer to his home and family. He refused to comment on the luxurious Safeco Field built in Seattle in order to avoid misleading people about his future. However, this secrecy backfired as his indifference caused major unrest in Seattle. Also, Griffey’s silence made it harder for the general managers to develop a solid strategy for the trading negotiations. Griffey’s deliberate censorship may have had an impact on his performance, which made him less desirable. Had Griffey been honest about why he wanted to leave Seattle, it may have made him look more appealing. Another mistake was when Seattle announced Griffey would be “going home” before any deal was made. This exacerbated the unrest felt by the fans. The struggle with the negotiations left many Mariners fans feeling frustrated – some had even posted hate messages on his website. When the time for trade negotiations began, there was a sever lack of communication and coordination between Griffey and Gillick that hampered the entire process. Griffey...
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...confirmation process on nominations. Instead of trying to complete overhaul the filibuster process, the Senate has agree to relatively minor issues before moving on to tacking other more complex issues with filibuster process CONCLUSION Reid and McConnell's agreement keeps the basics of the filibuster in place but limits any one senator's ability to stall a bill's initial movement to be considered on the floor. The agreement will allow uncontroversial federal nominations to happen more quickly, except for Cabinet and Supreme Court candidates. It also can speed up the pace of the Senate, putting more pressure on that body to translate debate into action. Bibliography LEWICKI, S. B. (2007). Trying Bride-Issue Agreements. In S. B. LEWICKI, Negotation (p. 57). New York, NY: McGraw-Hill Companies. Paul Kane. (2013). Senate Leader reach deal modifying filibuster rules, keep 60 vote hurdle. The Washington Post,...
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...The first president I selected as one of the worst in history is Franklin Pierce. Franklin Pierce was the 14th president of the United States and served from 1853-1857. Pierce was a democrat from New Hampshire and was given the nickname “Doughface” which means he was a northerner with southern ideology. Franklin Pierce had harldy any “accomplishments” during his term, but his greatest achievement was a negotation and land purchase from Mexico, which gave the U.S. what is now Arizona and New Mexico. Breifly reading this you would think this was a great accomplishment, but I will later explain why it was not. A small accomplishment (more like a random fact about Franklin Pierce) is that he was the first president to have a Christams Tree in...
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...appointing and/ or promoting an employee. This document will clearly articulate segregation of duties for the proposed employee, the Company and Human Resources. Stakeholders The Agreement reresents the Primary stakeholders associated with this SLA: Manager: this individual is the Manager/ People Leader Human Resourcces Proposed Employee Parties in the Agreement Proposed agreement is letter of offer that stipulates position,working hours,pay structure,leave entitlements and probationary period. -Manager: contacts Human Resources for hiring the employess with specific requirements. -Human Resources will agree and start seeking for recuirtment. -Employee will accept the terms and conditions and allowance for negotation. Description of Service Specifications -Letter of offer should indicate hours of work.. -Types of leaves (e.g sick leaves,maternity leaves,religious leaves and annual leaves) must be decided in contract. -Salary must be decided at the time of...
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...When preppers and survivalists talk about skills needed after SHTF, they'll discuss the essential skills needed like the ability to shoot, how to start a fire, and how to properly prepare food. There's often talk about hard skills as well as supplies, but rarely does anyone discuss soft skills. Knowledge and soft skills often outweigh the value of supplies on hand because those supplies will only last a limited amount of time. Soft skills provide you with the ability to survive longer than your food supply will last. These are the soft skills needed after a disaster. Negotation Skills There will come a time when you're going to need to trade some of your current supplies for ones you're missing. Trading will always involve negotiation, and...
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...expensive audits and independent monitoring and inviting more investigations over time. The invitation to Andrew Young appears patronizing and seems like yet another stop-gap measure. In the end the Corporate Responsibility team fails to get on top of this crisis through actions that support their contention they are justified by taking an arms-length approach to solving it. Wall Street Journal News Why have Nike's attempts to date to address its critics been unsuccessful? Economics - International Trade Term Nike creates a governance framework and adequately defines it yet does not bring it to fruition through to Nike itself, as it continues to push the responsibility of compliance down on suppliers. The company Negotations still has not shown that they are capable of taking ownership of the program at the senior management Business - Case Studies Term Paper / 6 level. Third, the company's initial reaction was one of saying their suppliers, not themselves, needed to pages continued execution (Nadvi, 324, 325). This governance framework is also devoid of any accountability be reprimanded. It is important to keep in mind that during this same time period Hewlett-Packard had defined a Code of Conduct and...
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...“The Philippines a Century Hence” is an essay written by Philippine national hero Jose Rizal to forecast the future of the country within a hundred years. Rizal felt that it was time to remind Spain that the circumstances that ushered in the French Revolution could have a telling effect for her in the Philippines. This essay, published in La Solidaridad starts by analyzing the various causes of the miseries suffered by the Filipino people: 1. Spain’s implementation of her military policies – because of such laws, the Philippine population decreased dramatically. Poverty became more rampant than ever, and farmlands were left to wither. The family as a unit of society was neglected, and overall, every aspect of the life of the Filipino was retarded. 2. Deterioration and disappearance of Filipino indigenous culture – when Spain came with the sword and the cross, it began the gradual destruction of the native Philippine culture. Because of this, the Filipinos started losing confidence in their past and their heritage, became doubtful of their present lifestyle, and eventually lost hope in the future and the preservation of their race. 3. Passivity and submissiveness to the Spanish colonizers – one of the most powerful forces that influenced a culture of silence among the natives were the Spanish friars. Because of the use of force, the Filipinos learned to submit themselves to the will of the foreigners. 1. THE PHILIPPINES A CENTURY HENCE 2. This article he wrote...
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...For Office Use: Grade | | Written Analysis and Communication Individual Assignment No. 2 Case Analysis Report on “Pramanik Containers And The Bottleneck Challenge(A)” Submitted by: EXECUTIVE SUMMARY Piyush Mehta who has completed his MBA degree in family business joined his father business,his father is running pramanik Ltd. since 1977 and his major vendor since than is ABC Pharma,a leading MNC. Piyush on reviewing came to know that there is a problem in printing department. when he investigated further he came to know that there is no proper system of keeping plates used for manufacturing which resulting in delay of manufacturing process.Workers are also careless in doing their jobs.This events made piyush ask his father to tackle the situation in his own way and he agreed so. Word count :105 words SITUATIONAL ANALYSIS Pramanik Containers PVT Ltd. was a family business set up by Bansilal Mehta in 1977 to provide aerosols to ABC Pharma, a large multinational company. This deal started off as a joke turned into suppilier. As capabilities of Pramanik expanded more customers signed up to do business but ABC remained its key customer.(Exhibit 1). Piyush Mehta,the only son of Bansilal and also an MBA graduate in family business joined his father’s business in May 2010.Piyush started his work by reviewing order flows in the company and was particularly intrigued by printing department which showed signs of bottleneck. Pramanik...
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...Piecing Together a Clean Energy Solution Scientists almost unanimously agree on the facts behind climate change. Global warming and increasing levels of atmospheric carbon dioxide are presently occurring phenomena, with the largest culprit being modern society’s burning of fossil fuels. The opinions and claims emerging from Congress and the White House are much less straight forward. Alongside vocal pushes to replace traditional energy sources with non-carbon sources, opponents to climate change policy have voiced concerns about efficacy and economic costs of proposed legislation. These climate policy opponents form a large enough coalition in Congress to block legislation, shifting the responsibility to handle climate change to the states. State level policies like renewable portfolio standards and financial incentives to invest in clean energy do more to combat climate change than if advocates had continued to pursue federal level legislation. However, the patchwork implementation of climate policies at the state level causes varying levels of action among states, making it difficult to ensure continued emissions reductions for the future. A majority of scientists also predict catastrophic future effects if the world maintains its current trajectory of fossil fuel usage. The resultant “dangerous anthropogenic interference” from carbon emissions could cause a variety of phenomena like rising sea levels and frequent natural disasters which would have massive social and economic...
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...Contents 1 Introduction 3 1.1 Scope 3 1.2 Process and context 3 2 Questions 4 2.1 Capability 4 2.2 Experience and track record 4 2.3 Capacity 4 2.4 Shared strategic aims 5 2.5 Culture 6 2.6 Organisation and management 6 2.6.1 Quality management 7 2.6.2 Project and programme management 7 2.7 Multi-supplier proposals 7 2.8 Proposed supplier organisation and project staffing 8 2.9 Technical understanding 8 2.10 Proposed management processes 8 2.10.1 Quality management 9 2.10.2 Change management 9 2.10.3 Service provision and management 10 2.10.4 Resource management 12 2.10.5 Capacity planning and management 12 2.10.6 Business continuity and contingency plans 12 2.10.7 Project management 13 2.10.8 Programme management 13 2.10.9 Strategic management 14 2.10.10 Knowledge management and organisational learning 14 2.10.11 Training 15 2.11 Risk management and risk transfer 15 2.12 Supply chain management 16 2.13 Benefits management and delivery 16 2.14 Relationship management 17 2.15 IT-specific questions 17 2.15.1 Business process changes 18 2.15.2 Application development 18 2.15.3 Software and systems engineering 18 2.15.4 Development and maintenance 20 2.15.5 IT service management 21 2.15.6 Infrastructure design and planning 21 2.15.7 Infrastructure and technology...
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