What is negotiation ?
Negotiation is the process between two or more parties that aims to balance different interests, needs and expectations in order to reach a common agreement and commitment while maintaining a positive working relationship.
What are negotiation Key aspect ? (6 points)
It is a process • It involves two or more people • Has negotiators with conflicting positions • The negotiators attempt to reach agreement • The negotiators modify their original positions
What is the process for Negotiation process ?
Understanding need for negotiation, planing, discussion, proposal & agreement,review.
What is the process for Negotiation process ?
Understanding need for negotiation, planing, discussion, proposal & agreement,review.
What are the measures to analyse the interest of all parties involved?
• Know and reflect own interests, needs and constraints • Gather and document relevant hard and soft information about interests, needs and expectations of all parties involved • Analyse and document available information to identify own priorities and likely priorities for other parties
Develop strategy and trade offs?
• Set out your trade-offs, options and alternative negotiation solutions. • Prepare for the negotiation • Know what you will trade and what you will not • Align these with the other parties • A best alternative to a negotiated agreement (BATNA) should also be identified
Four type of negotiations?
Formal, informal, competitive, collaborative