Chapter 2.4 Flashcards

Identify the resources required for a negotiation

1
Q

Where are key international negotiations in the political areas often held?

A

On ‘neutral ground’ for fairness and to suggest that no one party is exercising more power over the other

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2
Q

Name 9 qualities that represent the ideal negotiation environment

A
  1. Both parties feel comfortable physically
  2. Travel to the location and check-in is easy
  3. Both parties have no concerns regarding secuirty and confidentiality, including breaches
  4. The facility is quiet, secure and in addition to the main negotiation room/area, there is access to separate recess rooms for breakouts
  5. Negotiation teams do not meet inadvertently in reception area before or after meetings
  6. Agenda and timings are agreed in advance, so participants can plan meals, breaks etc
  7. Refreshments are available to purchase with some choice
  8. There is access to tele/video conferencing facilities if required
  9. There are no surprises for the visiting party designed to distract or unsettle them
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3
Q

Through principled negotiation what is the focus of negotiation?

A

On resolving issues and not on winning temporary advantage over the other party through exploiting home advantage

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4
Q

Factors to consider if you have a choice

A
  1. Home
  2. Away
  3. neutral ground
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5
Q

Name 3 benefits to negotiating on home ground

A
  1. Cheaper
  2. Easier to schedule
  3. More predictable in terms of surroundings
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6
Q

Name 3 reasons you may elect to negotiate off-site or at a neutral venue instead of at home ground

A
  1. Unsuitable facilities
  2. On-site security
  3. Confidentiality restrictions
  4. Embarrasingly luxurious offices
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7
Q

Is negotiating at home usually more advantageous?

A

Yes

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8
Q

Name an advantage to negotiating away?

A

You may be able to assess the culture of the organisation

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9
Q

Name 3 advantages of negotiating on neutral ground

A
  1. Wide choice of catering
  2. Easy access to transport
  3. Capability to book hotel rooms for breakouts or overnight stays
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10
Q

What is a disadvantage of negotiating on neutral ground

A

Confidentiality risks of negotiating in public spaces

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11
Q

Name 6 benefits of adopting a team approach when negotiating

A
  1. You are less likely to be intimidated
  2. You are less likely to make unplanned concessions as your team mates will seek to stop you
  3. Individual team members can focus on specific areas
  4. You can stage-manage your team and use certain tactical ploys
  5. Risk of procurement fraud and sharp practise is reduced and ethical behaviour increased as there are more witnesses
  6. Junior or new staff can learn a lot from observing/acting in a note-taking position
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12
Q

Name 5 roles you may have in a team negotiation

A
  1. The chair
  2. The leading speaker
  3. Experts
  4. Analyst or observer
  5. Scribe/note taker
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13
Q

What is the chair in the team negotiation?

A

The person who controls the negotiation and ensures that everyone has their say on your side

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14
Q

What is the leading speaker in the team negotiation

A

Typically a procurement team member who is articulate and in control of the agenda and objectives

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15
Q

Name the 4 dimensions personality preferences are indicated in the Myers-Briggs type indicator

A
  1. Where you focus your attention - extraversion or introversion
  2. The way you take in information - sensing or intuition
  3. How you make decisions - thinking or feeling
  4. How you deal with the world - judging or perceiving
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16
Q

Name the 2 learning styles as per Kolb

A

Perception and processing

17
Q

Name the 4 preferred negotiation styles and explain them briefly

A
  1. Warm - a people person
  2. Tough - a hard-nosed negotiator
  3. Logic - a numbers person
  4. Dealer - a trader who love bargaining
18
Q

Name 6 strengths to the warm negotiation style

A
  1. Friendly and accesisble
  2. Good listener
  3. Shows concern and empathy
  4. Looks for mutual gain
  5. Patient/trusting
  6. Relates well to people
19
Q

Name 6 weaknesses to the warm negotiation style

A
  1. Too accommodating
  2. Loses sight of essentials
  3. Finds it difficult to deal with conflict
  4. Discloses information too readily
  5. May focus too much on personal issues
  6. Finds difficulty in dealing with people who do not value personal relationships
20
Q

Name 5 strengths of a tough negotiating style

A
  1. Natural leader/assertive
  2. Desire to achieve
  3. Persistent
  4. Assumes leading role in meetings
  5. Decisive and keeps things moving
21
Q

Name 5 weaknesses of a tough negotiating style

A
  1. Adopts rigid positions
  2. Can be inflexible
  3. Does not build on ideas of others
  4. A selective listener
  5. Impulsive and can be impatient
22
Q

Name 5 advantages of a logical negotiating style

A
  1. Grasps details
  2. Precise
  3. Methodical
  4. Plans well
  5. Always well prepared
23
Q

Name 5 weaknesses of a logical negotiating style

A
  1. Tends to focus on issues and not the people involved
  2. Gets too absorbed in the details
  3. Cannot readily change styles of persuasion
  4. May not see the bigger picture
  5. Reaches deadlock more easily
24
Q

Name 5 strengths of the dealer negotiating style

A
  1. Builds relationships
  2. Effective communicator
  3. Listens to the other party
  4. Interrelates issues easily and makes quick decisions
  5. Creative/sees opportunities
25
Q

Name 5 weaknesses of the dealer negotiating style

A
  1. Tends to neglect detail
  2. May shift position quickly
  3. May be superficial in personal relationships
  4. Agreements made can be difficult to implement
  5. Tends to neglect long-term goals
26
Q

Why may a business seek to conduct a negotiation virtually?

A

Increased awareness of environmental issues such as unnecessary travel (ESG goals)

27
Q

Name 6 disadvantages of face to face in person meetings

A
  1. In person meetings require your team and the other party to be in the same place at the same time. This is difficult to achieve in todays busy world
  2. Someone has to take the time to plan the logistics
  3. Travel and accommodation costs to consider
  4. Travel or location challenges could lead to delays
  5. The importance of physical meetings is overstated in todays digital world
    6, ESG and sustainability considerations
28
Q

What should you do prior to a phone negotiation

A

Have an agreed and timed agenda with the other party and prepare scripts

29
Q

Name 3 advantages of negotiating over the phone

A
  1. Can meet immediately, facilitating productivity
  2. Access to the other party may be easier
  3. Location is irrelevant on either side assuming you have an adequate connection
30
Q

Name 4 disadvantages of negotiating over the phone

A
  1. Both sides are more subject to distraction/interruption
  2. More prone to errors, omissions or misunderstandings
  3. You do not know how confidential the other party’s environment is
  4. Mutually agreed record of meeting is more difficult to verify
31
Q

Name 4 advantages of webinars and teleconferencing (audio conferencing)

A
  1. Most organisations can access this service and if you just need to speak with the other party without any visiual link an audio conference is an easy way of doing this imply and efficiently
  2. Teleconferencing can provide participants with increased objectivity because they are not distracted by the visual feed provided by webcams or by the meeting participants
  3. The use of the mute button can facilitate each side conferring in private with colleagues if required during the meeting
  4. If agreed in advance by all parties, the meeting or summing-up stage can be recorded as a true record of what was agreed thereby reducing the risk of mistaken notes or denial by the other party at a later date
32
Q

Name the 4 advantages of webinars, video and web-conferencing

A
  1. Using web cams mean you are able to communicate both verbally and non-verbally
  2. It increases engagement
  3. It increases productivity
    4.If agreed in advance by all parties, the meeting or summing-up stage can be recorded as a true record of what was agreed thereby reducing the risk of mistaken notes or denial by the other party at a later date
33
Q

Name 2 disadvantages of webinars, video and web-conferencing

A
  1. You and the other party will need access to the communications infrastructure: a dedicated web conference room with the required technology
  2. The communications link can break down during the negotiation, and it potentially is more susceptible to hacking if security protocols are not robust