Preview

Negotiation Case Simulation

Good Essays
Open Document
Open Document
761 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Negotiation Case Simulation
1. What was your BATNA in this negotiation? What do you think were the BATNAs of the three other parties?

• Mine: Urged all three departments to agree to utilize and give a rollout of an overall system that Jim Linehan suggested, including Executive Information System, in the eight months; the hardware and software deisn specifications and the accounting standards is uniform as an “open corporation”across Rosewell; I am in charge of the overall task force.

• Helen Freeman: Set up an overall system, including EIS, across Rosewell; willing to take the responsibilities of hardware and software designs; not willing to take the task force.

• Paul Stokes: Expand his financial package to the whole company; delay the present timeline; willing
…show more content…
How did the process and the outcomes of this negotiation compare to your first simulation?

• Differ from the first simulation, the negotiation this time had two previous meeting before it started, which informed a cleared version of each negotiator’s position and interests.

• The process this time was similar to the first simulation: the preneogotiation stage, the formal stage, and the agreement stage.

• The challenges this time was harder due to the opposition of the two other negotiators—Stokes and Morris. However, I make less concession this time, since one negotiator, Freeman, stood the same position as mine, which urged the other two negotiators to make more concession.

3. Did the negotiation reach any impasse at any point? If so, how did you overcome the impasse?

• When the point came to the capabilities, specifications, functions, and access, though the three other negotiators all agree to use the uniform hardware and software design across Rosewell, the two negotiators, Stokes and Morris, opposed to establish an “open corporation”, since they thought three negotiators stood on different positions, and they were not willing to tie their workstations with central servers—they preferred to managed their own data and recourses. I made my concession on this point. Because these two negotiators have made their concessions to agree with setting an overall system, so providing them with some benefits was good for a long-term relationship and keeping the negotiation
…show more content…
Did you reach an agreement with the others in the quartet? If so, what are the key points of your agreement? If you could not reach an agreement, what were the main stumbling blocks?

• Yes.

• Informing and emphasizing the current situation. The eight-mouth timeline imposed by the CEO, Bauers, is unchangeable, according to his words and attitude. So I could not make any concession on the timeline.

• Analyzing the possible outcomes, and potential benefits if an agreement is reached. When Stoke’s insisted that his financial packages were suitable for the whole company, I rejected him by comparing his annually sales growth with other two negotiators’, and explaining that the three departments have their own position and circumstances.

• Utilizing the useful data, like the system, including EIS, suggested by Jim Linehan leaded to the reduce Freeman’s cost by 18% in the first year, compared to the other departments.

5. What would you do differently if you had the chance to do this negotiation over

You May Also Find These Documents Helpful

  • Good Essays

    Besides the strategies chosen, there are several kinds of negotiations. Multi-attribute Negotiation presupposes the discussion of many issues included in the contract at the same time (Li, Giampapa, and Sycara, (2005). Bilateral negotiations oversee the two-sided…

    • 1163 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    PNP Bullard

    • 744 Words
    • 3 Pages

    My approach to this negotiation will involve gaining their trust, and presenting our intentions as aligning with theirs. The relational outcome is important to us since we intend to maintain use of the Bullard name. We cannot however be overly forthcoming with information, and must rely on leveraging our power of information and capital. Due to these issues we will attempt to reach an integrative solution where both parties are satisfied with the outcome.…

    • 744 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    Case Study

    • 951 Words
    • 4 Pages

    Many global companies use different negotiation techniques to maximize profit when bargaining a contract with a new prospect. In this paper, the author will discuss two specific strategies and two negotiation process used in two articles.…

    • 951 Words
    • 4 Pages
    Good Essays
  • Good Essays

    For The Bullard Houses negotiation I was assumed the role of the buyer’s representative. Upon reading the case for the first time, I knew it would be very challenging to negotiate with the seller when I was instructed not to reveal the intended use of the site I was looking to purchase. I prepared by making a list of what I had to keep in mind not to mention as well as the points I wanted to stay within. I had a resistance point of twenty four million and an alternative offer of twenty million, therefore I was going to start my offer around sixteen million if I was offering the opening bid. However, the “seller” I was partnered with had already performed this negotiation, so I took it into my best interest to observe another negotiation and write this journal entry on the actions they took.…

    • 695 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    1. Review text pages 137–139 in Chapter 4. These pages cover step 9 in the planning process, assessing the social context of negotiation.…

    • 1301 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    Contract Creation and Management SimulationThe simulation shows a confutation between two software-developing companies, Span Systems, and its customer Citizen-Schwartz AG (C-S), a largeGerman bank. The two companies are in difference of opinion over the quality and timeliness of deliverables. There have been major bugs found by C-S during testing and are worried about Span not fulfilling the one-year contract, which is worth $6 million. Span main apprehension is obtaining a larger contract with e-CRM, which is in line with result of the current contract. C-S has requested all code and asserted the rescission of the contract.…

    • 1366 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    The simulation begins in the middle of a major dispute between a software-developing company, Span Systems, and one of its customers, Citizen-Schwartz AG (C-S), a large German bank. The two companies are in dispute over the quality and timeliness of deliverables. There have been major bugs found by C-S during testing and are worried about Span not fulfilling the one-year contract, which is worth $6 million. Span 's main concern is securing a larger contract with e-CRM, which is tangent on the outcome of the current contract. C-S has requested all code and asserted the rescission of the contract.…

    • 1260 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Red Paper Clip

    • 772 Words
    • 4 Pages

    To encourage you to think about the many everyday opportunities you have to persuade and negotiate with others, and to improve these skills, you are being asked to go out and negotiate a series of five or more trades over the course of two weeks starting with a paperclip and ending with something substantially more valuable. On November 1st you will be asked to submit an analysis of the project accompanied by this negotiation log, which is a record of your five transactions.…

    • 772 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Myti-Pet Case Report

    • 1404 Words
    • 6 Pages

    1. How did you plan for the negotiation? Explain how you decided on a strategy?…

    • 1404 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    During the negotiation, I do not think any of us really controlled the situation from the beginning. Nevertheless, not wanting the negotiation to stay focused on the price, I kept making new propositions. I believe it worked well to show my will to find a solution that would work for both of us.…

    • 700 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    In preparing for my Oceania negotiation I had to prepare myself to take on the role of the general sales manager for POP Productions. In doing so I read the role of the general sales manager and all the information that would be influencing and guiding my negotiation with the general manager of Windy City Theater about bringing in my Polynesian musical called Oceania. I read and analyzed this information multiple times until I had a complete understanding of the situation I was about to be submerged in and the responsibilities/duties I was obligated to fulfill. After completing this task and recognizing what my goals were I had to decide what strategy and type of negotiation I should use in order to plan appropriately and arrive at the goals assigned to me by POP Production. It was made clear that my goal was to structure a contract/deal with Windy City Theater that would outline an agreement concerning profit sharing of the box office tickets, salary amounts paid to my cast and crew, and who would be responsible for lodging/board costs. Having a lot of criteria and alternatives revolving around these three negotiable components, it created a wide range of bargaining mixes. With further research and exploration of information regarding WCT it was obvious that I did not have a clear understanding of their exact goals and priorities when it came to hosting a show in their theatre. Recognizing this blind spot and the importance to keep a positive and healthy relationship for the possibility of future business (Bugles); I decided to choose collaborative negotiation that would aim to create a settlement that fully satisfies all parties. After conceptualizing the information and present situation it had clearly outlined the necessary conditions that characterize collaborative negotiation and reinforced my theory that I was heading…

    • 2430 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    c) I think that in this situation, Bob White and Rod Andrew could not have taken a course of mutual gains bargaining. The most important factor to generate alternative solutions is to shift from positional bargaining to integrative negotiation, where both parties understand each other’s priorities and they agree on a common definition of the problem (Lewicki, Saunders and Barry, 2011). In this situation both parties have extremely hard positions and it looks like no one is willing to make any concessions. When Rod Andrew tried to come…

    • 1016 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Harborco Analysis

    • 1205 Words
    • 5 Pages

    As the lone representative of Harborco, I was thrust into a 15 on 1 situation in the board room. I knew that though I held much power in the case, it was imperative to make sure the groups did not side together against me. I began simply by discussing the importance of the project and how I wish to gain everyone's support. I focused on the least powerful groups at first, awarding them small victories in order to gain support. With a small group of allies in my corner, I began negotiation with Daniel Kim who represented the FED. I knew this was the most important negotiation for Harborco and tried to smoothly approach the subject. I explained first the importance of the money needed and how it will signify great returns for the area where the plant will be built. I discussed the benefits this project would have to all and at the end asked the FED for the 3 billion dollar loan. I expected a smooth yes and to quickly move on to other topics. However, I was met with a hostile rejection by Daniel Kim and even a rude comment that explained to me that I will never even get close to that amount. I was personally shocked, I did not expect this to be a problem, and asked the FED why they refused to fund such a beneficial project. Daniel Kim answered that they didn't trust my company and have other projects they would rather fund. He then said that the most the FED was willing to offer was 500 million dollars. Though still shocked at what I was hearing, I explained again how important this project is, and that the money would be put to good use. I explained that Harborco would not be able to afford such a project without the FED's help and all of our negotiation lies in this issue. Once again, Daniel Kim was not budging and kept on laughing away my request for 3 Billion dollars. With the small group of allies confronting Kim, the blockers (other ports) confronted me by saying that I was a big company and could afford this on…

    • 1205 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Negotiation - Moms.Com

    • 1055 Words
    • 5 Pages

    Then we added other items into the negotiation. The main item was licensing fee and it was tough to reach a consensus. As the maximum amount that I would pay was $60,000, I started offering well below this number and offered $25,000. Her counter offer was $70,000. Following numerous counter offers and going back and forth, we saw that it was not likely that we would have a deal.…

    • 1055 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Negotiation Analysis

    • 756 Words
    • 4 Pages

    Q.3. How can Value be created in this negotiation, and who is likely to get it? What obstacles might prevent agreement, and how can they be overcome?…

    • 756 Words
    • 4 Pages
    Good Essays