both Management and Union. 2) with differences: → How well did we get to understand the extent of the critical differences that needed to be addressed? * Both parties were strongly persistent on their own stand and subconsciously block out BATNA. * As time went by and questions were asked, we understood the extent of the critical differences quite well. * However working together to sort out the differences was quite difficult. The reason was because the Union tried to follow their
Words: 3037 - Pages: 13
Seminario de Mercadotecnia Internacional NEGOCIAR CON CLIENTES INTERNACIONALES, SOCIOS Y REGULADORES. 1. BATNA: Best Alternative to Negotiated Agreement. La mejor alternativa a un acuerdo negociado. Se establece una posición alternativa en el caso de que los términos ideales del acuerdo no se alcancen. Además permite comparar las contraofertas de la otra parte con una posición propia ya evaluada. Sondeo Informal: Se refiere al sondeo externo al negocio, que quiere decir que los negociadores
Words: 2014 - Pages: 9
Executive summary After this course we study a lot of about the skills of negotiation, in order to solve the problem or the conflict around us, especially in business context. In this report we will define more clearly about this problem (Resistant point, initial offer, target point) by the knowledge we learned in negotiation skills. We will analyze the strategies and tactics, which are used in the negotiations of 3 companies: A, B and C. The relationship of 3 companies is extremely complicated
Words: 3051 - Pages: 13
Lesson:-34 The Struggle for Power at Ramsey Electronics A vice president’s position is about to open up at Ramsey Electronics, maker of components for audio and visual equipment and computers. Whoever fills the position will be one of the four most powerful people in the company and may one day become its CEO. So the whole company has been watching the political skirmishes among the three leading candidates: Arnie Sander, Laura Prove, and Billy Evans. Arnie Sander, currently head of the research
Words: 4859 - Pages: 20
The Negotiators The Negotiators are a very popular and successful rock band. Their music is recognized by millions of fans around the world and their popularity has recently exploded because of their recent Grammy-award winning CD release, “Crazy Minds Think Alike”. The band is made up of three individuals who would like to negotiate an increase in salary due to the recent success of the band. Lacking the business skills to negotiate a new contract with their record label, R-n-R Records, the
Words: 1464 - Pages: 6
promoting news about Seven-Hill Restaurant in social media Analysis: When we went to the first restaurant for that deal and reject it, there the situation was distributive or Zero Sum situation. They only think from their perspective. But we had BATNA (), that’s why we can do the deal with the Seven-Hill Restaurant. In the Seven-Hill Restaurant, the situation is integrative or Non-Zero Sum situation. There we were creating the value. We demanded 35 boxes of iftar packets then asked us for 5 boxes
Words: 1231 - Pages: 5
a positive, challenging manner (ref). I find myself in agreement with this mindset but negotiation can assist us when discussing viewpoints that are in disagreement. There are two theories that are critical in the negotiation process. They are the BATNA in a negotiation, that is the best alternative to a negotiated agreement which refers to the bottom line. If a negotiated agreement isn't better than the BANTA there is absolutely no reason for us to accept it. The other serious consideration is the
Words: 1356 - Pages: 6
The Airman missed the deadline because they did not receive the information they needed from the other Airman. However, a suspense was not given to the second Airman and he was not aware the task was time sensitive. Negotiation often relies on BATNA, nest alternate to a negotiated agreement. This method of negotiation is tough in military leadership courses. I have used it often especially when members want to take leave during “blackout dates” (major upgrades, exercises, inspections) when we
Words: 1250 - Pages: 5
come with well prepared bargaining mix consisting of ranges of items to be discussed allowing for trade-offs. These bargaining deals are expected to discuss about the calculated concession to reach the target point. Thus making Indians to know their BATNA (Best Alternative to Negotiated Agreement) and secondary
Words: 1223 - Pages: 5
CAVE HILL SCHOOL OF BUSINESS UNIVERSITY OF THE WEST INDIES EMBA PSM BELIZE 01 COHORT INBA6110 – NEGOTIATING SKILLS The seat belts in school buses controversy Table of Contents Executive Summary 3 Introduction 4 Problem Statement 4 Analysis of the Negotiation 5 Recommendations and conclusion 5 Bibliography 7 Appendices 8 Simulation Case i Organizational Chart
Words: 1440 - Pages: 6