Preview

Negotiations Planning Worksheet

Good Essays
Open Document
Open Document
1312 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Negotiations Planning Worksheet
------------------------------------------------- Negotiation Planning Worksheet

What type of agreement do you hope to accomplish through the negotiation?
A win-win solution would be best for both parties!

What would you consider to be the best result?
As Senior Sales Person for Jones Stamping, it would be great to come to an agreement of at least $30.25 per piece, with altered packing specifications to satisfy our operations manager.

What must you have?
a) A clear definition of the issue, with a good knowledge of where I want to be at the end of the negotiation, along with my limits and alternatives is mandatory.
b) A combined list of issues assembled, otherwise known as the bargaining mix and is done by determining which issues are more important than others, and which are linked or separate from each other.
c) Definition of key interests from both sides is also important because it will show critical values, needs and principles that we may not have seen without this step.

What would you like to have?
a) Expected outcomes
b) Past relationship history or knowledge about the other side
c) Specific tradeoffs or concessions

What alternatives do you have if you cannot come to an agreement with your negotiation? a) Choose to go for the other companies’ offer and not work with Harris Production at all; therefore losing the opportunity for a long-term relationship. b) Use concessions or trade-offs such as offering Jones Stamping knowledge of the robotic packing strategies and offer a well-drawn out plan for Harris Production to persuade them. c) We can walk away from the negotiation.

Which of the above alternatives would be your BATNA?
I think my best alternative would be the other company by far, but only if Harris Production is not willing to lower their offer.

Identify any ways that you might be able to improve your BATNA?
Bring in third-party partners, be creative with your planning or use experts.

What is

You May Also Find These Documents Helpful

  • Better Essays

    City of Middlevale

    • 1798 Words
    • 8 Pages

    In negotiations there are key stakeholders. These are usually the parties that have the most to gain or lose in the…

    • 1798 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Notes

    • 5858 Words
    • 24 Pages

    2) If you were the responsible manager at the ASIC Division, would you accept Western's offer?…

    • 5858 Words
    • 24 Pages
    Good Essays
  • Powerful Essays

    company, as it allows for the most financial flexibility and still carries the potential to satisfy…

    • 2272 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    I would suggest the best negotiating style to apply to this will be collaborative style. Participation in joint problem solving is key for me. Secondly discovering and solving the real interest of both parties is another advantage of this style when applied to the case in question. Collaborative bargaining is a generic term that describes a variety of bargaining methods: win-win bargaining, collegial bargaining, consensus bargaining, cooperative bargaining, integrative bargaining, collective gaining and interest-based negotiations.They all involve a two-way discussion with the goal of mutual gains between the parties…

    • 561 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Fineprint Case Study

    • 1021 Words
    • 5 Pages

    Later on, we will look at and calculate the operating costs as well as operating income for each alternative to decide which is going to be best for FinePrint Company. By doing so, it will help to decide which option (alternative) would maximize profitability. Alternative Evaluation With all of the information given, the following are all of John Johnson and FinePrint Company’s options. The calculations can be found in Appendix 1. Option 1- Decline both offers. John Johnson would decline Abbie’s print job and choose not to outsource it to SmallPrint Shop. At FinePrint Company’s current capacity of…

    • 1021 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    B. when trying to gain commitment through consensus building, both sides gets what they want and negative feelings eliminated.…

    • 638 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    Negotiation this is a need and willingness to discuss issues, consult our clients, colleagues and management in reaching optimum solutions to problems and issues. Sometimes it involves compromise or confrontation, as well as…

    • 1401 Words
    • 6 Pages
    Better 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
  • Good Essays

    International Guidance

    • 894 Words
    • 4 Pages

    I have used a descriptive decision tree to analyze your situation. Using a decision tree to evaluate and depict your issue allowed me to weigh the different possible outcomes with their associated consequences and probabilities. There are three separate attachments I will be referring to throughout the discussion of my results. I used the probabilities given in your memorandum with the various costs associated with each option and calculated the expected monetary value (EMV) for each alternative. The expected monetary value is the estimated probabilistic value for each option. An EMV allows you to gage the expected costs and/or profits you will be facing regarding each option. Given that we are trying to reduce your costs as much as possible, the lowest EMV is the most desirable option.…

    • 894 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Your client requests your company to present a bond, or banker’s guarantee, for 20% of…

    • 509 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Beta’s , Inc., a robotic manufacturing company had a preliminary discussion with Alpha Inc. about a possible licensing arrangement. In this discussion, the companies agreed to be in a relationship for 5 years, Alpha, Inc. will receive fully assembled Robots from Beta’s In. and will sell under Alpha, Inc.’s name, companies will have a technology exchange, and the agreement will be nonexclusive. In this negotiation the four issues that need to be decided are 1)the number of different models to provide to Alpha, Inc., 2) the number of Beta, Inc. units to be imported by Alpha each year,3) the matter of technology sharing, and 4) the royalty rate.…

    • 725 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    There have been various negotiations throughout my life. Some have been from the stroke of luck; others were assisted by me being very persistent. That leads me to believe that a process, rather a structure, can be had when it comes to negotiating.…

    • 530 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Negotiation Plan

    • 318 Words
    • 2 Pages

    Negotiating is the art of convincing the other side that you should get what you want. Knowing what you want from a negotiation is only a small part of what it takes to be prepared. The key to success is knowing how you are going to get what you want (Egan, 2008). This outline will indicate a negotion plan from the position of Washington Bullets Manager, Wes Unseld, in the negotiation battle between NBA Basketball Star, Juwan Howard, Miami Heat General Manager, Pat Riley, and Howard’s agent, David Falk.…

    • 318 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Salary Negotiation

    • 644 Words
    • 3 Pages

    Choose negotiation you are likely to participate in, the near future & answer the following questions…

    • 644 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Contingency Contracts = agreements that leave certain elements of the deal unresolved until uncertainty is resolved in the future.…

    • 1158 Words
    • 5 Pages
    Good Essays