Negotiation Project
Throughout the course, you have debated and discussed the subject of negotiations, and you have also assisted a fellow student on a conflict resolution project. In Week 3, you were specifically asked to find something you can negotiate, and take notes on the negotiation. Hopefully, by this week you have not only identified the subject of your negotiation but have gathered pertinent information to assist you in the negotiation process. As you recall, some suggested negotiation topics were:
1. Trying to buy a car (you don’t have to do the deal). 2. Trying to get a better deal on your cell phone, internet, or cable TV package. 3. Trying to negotiate a raise from your employer, especially when the employee does not have adequate resources to provide a raise. 4. Trying to purchase a new piece of jewelry from a jewelry store, one not known to negotiate its prices.5. Any negotiation you really are experiencing during the term (i.e. promotion, new job terms, etc.).
Before doing the negotiation, you needed to do these things, and take written notes for each item.
1. Define the negotiation you planned. Who is your competitor? Who has the “upper hand” in this deal and why? 2. Describe your goal of the negotiation. 3. Define your BATNA of the negotiation. 4. Review the 10 Best Practices of Negotiations in Chapter 12. Select at least three best practices that you plan to use in this negotiation.
Do the negotiation, and describe:
Use at least three resources/references. Write your notes up into a report about the negotiation, which includes all of the information requested.
This is due on Day 7 of Week 8. It will likely be between 3-5 pages.
