Britton-International Negotiation Flashcards
What are the 12 principles
Location x3
Don’t whine
show interest in History/ culture
study x3
relationships are critical
be patient
high context v Low context
language
individual v. collective decisions
currency
avoiding disputes
dispute resolution
location x3
at home is better than away
face to face negotiations are better
Don’t Whine
Worst thing to do is show up to a negotiation and whine about travel etc
educate yourself and get an interpreter
show interest in history and culture
take time to learn before you go
don’t assume a common culture
establish rapport
Study x3
use the internet
do this prior
no substitute for preparation
relationships are critical
cultural differences matter
don’t assume a common culture
Be patient
don’t expect quick results
don’t be in a rush
always have extra time available after
High Text v Low Text
High- group decision is norm, respect demanded, won’t straight up say no
Low-parties openly say what is on mind, easy to comprehend what they mean; focus is on content of deal
Language
translators help, always write out offers; don’t leave to trust; specify what you want
Individual v. collective
Individual- for themselves; one person speaks
Collective- group decides; time for group to discuss
Currency
Money fluctuates, use the market approach
Avoiding disputes
Include important matters in the contract, use unbiased third party, have clear intentions in contract