Integrative Negotiation Flashcards

1
Q

What is an Integrative Negotiation?

A

Also known as interest-based bargaining
- mutual benefit
- value creating
- builds long-term solution

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2
Q

What is the main focus of integrative bargaining?

A
  • Highlight commonalities
  • Address needs and interests
  • commit to meeting the needs of all parties
  • exchange of information
  • invent alternatives
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3
Q

What is a Negotiator’s Dilemma?

A
  • whether to value claim or create
    Value claimers; little to no concessions, biding high, and intimidating
    Value creator: pursuing a join negotiation through collective problem solving
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4
Q

Framing and Facilitating

A
  • the wording of the issue matters!
  • use more collaborative words to describe the process
  • context + process
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5
Q

Context

A
  1. create an information flow
  2. understand the needs and objectives of the other side: kelly’s dilemma of trust and honesty
  3. emphasize commonalities: meta goals
  4. search for solutions that are beneficial to both sides
    - firm on primary and flexible on others
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6
Q

Process

A
  1. fully understand the situation
  2. generate alternatives
    3.MESO
  3. Understand the other side’s constraints
  4. Demand = Opportunity
  5. Contingency Contract
  6. Never stop Negotiating
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7
Q

Define and fully understand the situation

A

Different types of interests may be in the room
1. Substantive interests: focal issues intrinsic or instrumental
2. Process: what kind of negotiation people want
3. Relationship: Intrinsic (pleasure) vs instrumental (gain)

Ask why they want what they want

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8
Q

Generate Alternative Solutions

A
  1. Logrolling: trading issues
  2. Expanding the resources (alternatives)
  3. Bridging: Invention of new alternatives, underlying interest
  4. non-specific compensation: making both parties happy
  5. cost-cutting: reducing the cost of the opposition
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9
Q

MESO

A
  • Provide multiple simultaneous offers
  • shows that you are flexible
  • build a package
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10
Q

What are the issues with MESO?

A
  • hard to come up with real-time
  • hard to replicate in real life
    key: preparation
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11
Q

How to construct MESO?

A
  • Pick a constant variable across all your option
  • understand the values of your offer
  • create 2-3 offers
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12
Q

Define and understand the other side’s constraints

A
  • mitigate the other side’s constraints
  • use outside forces
  • our problem rather than your problem
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13
Q

define Interpret demand as an opportunity

A

Unreasonable demand? ask why

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14
Q

define Contingency contract

A
  • adjust circumstances as they unfold
  • exploit differences in risk tolerance (logrolling: package that recognizes different risks)
  • exploit differences in time preference (long-term vs short-term rewards)
  • exploit differences in expectations (future likelihood of something happening)
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15
Q

define Never quit negotiating (Postsettlements -settlements)

A
  • current agreement becomes BATNA
  • reiterate if you are not satisfied
  • dispute settlement
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16
Q

What is Return to Definitions?

A

when no option is suitable, the initial problem was defined poorly

17
Q

Return to standards

A

the standards that were developed for the solution were not right. Thus, implementation can not happen