Unit 4: Stages of Negotiation Process Flashcards
What are the 7 steps of any negotiation process
- Preparation
- Relationship development
- Information gathering
- Use of information
- Offer
- Close the deal
- Implement the agreement
What do you do in the preparation phase
Decide what is important and define the goals in order to anticipate how to collaborate or compete with the other party
What do you do in the relationship development phase
Knowing the other party, understanding his/her similarities and differences, and establishing a commitment in order to achieve a set of mutually beneficial results. This stage tends to be extremely important to be successful during the next stages.
What do you do in the information-gathering phase?
to know what is required about the needs and problems of the other party. The feasibility of the potential agreements and what may happen if parties do not agree.
What do you do in the use of information phase
The negotiator visualizes his/her preferred scenario of results and agreements with the owns wants being priority here. At this moment, the negotiator “sells” to the other party his/her desired outcome.
What do you do in the offer phase
Moving from an ideal starting position to the actual result. Each party raises its “initial offer” and then moves to a middle ground
What do you do in the close-the-deal phase
Establish a commitment toward the agreement obtained in the previous stage. Both negotiators must be satisfied
What do you do in the ‘implement the agreement’ phase?
Determine who needs to do what, once the agreement is reached.
What often happens in the implement the agreement phase?
The parties discover that the agreement is flawed, or missing important points, or the situation changes and new questions arise. Here are the flaws of the previous phases, and perhaps the negotiators, the arbitrators, or a judge will have to reopen the agreement or resolve the problems.
What are the stages of distributive negotiation? (4)
- Parties set their initial offer, resistance and target points
- Target points may be identified with the information exchanges
- Trade-offs bring near both parties’ positions
- Parties ignore the other parties’ resistance point, this results a good outcome might not be good/
What are the stages of an integrative negotiation process?
- Problem definition and identification
- Problem understanding: uncover interests and needs
- Proposal of alternative solutions
- Solutions evaluation and selection
What do you do in the problem definition and identification stage (integrative process) (5)
- Enter negotiation with an open mind
- State problem practical and detailed
- Identify all obstacles
- Depersonalize the problem
- Separate the edition of the problem
What do you do in the problem-understanding stage (integrative process)
Ask why and what for questions
What do interests stem from?
Deep human needs or values
What do you do in the proposal of alternative solutions stage (integrative process)
Generate options