Essentials of Negotiations 1. Creating Value - Win-Win Negotiation 2. Claiming Value - Staying in Business! 3. Building Trust - Long-term sustainability Negotiations Sandtraps 1. Leaving Money on the table (Lose-Lose Negotiation) 2. Settling for too little (Winnerʼs Curse) 3. Walking away form the table 4. Settling for terms that are worse than the alternative (Agreement Bias) Why People are Ineffective Negotiators - Faulty Feedback - Satisficing - Self-reinforcing incompetence Negotiation Myths Myth
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Google Stock. The deal closed in November 2006. I take up the negotiations from Friday October 9th 2006‚ with Google in talks to acquire YouTube after bidding 1.65Bn for it. Google will pay YouTube in Google stock which means that the owners could have a lot more than the $1.65bn in a few years time if Google continues to grow. YouTube investors Sequoia are rumoured to take $480M of this stock portfolio. Google claim that if negotiations are successful and the acquisition goes through‚ "YouTube will
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buck never takes your as far as you want to go. Journal Entry 6-4-12 The G Tech taught me that you must do research in order to know your counter parts BATNA so that you and obtain some form of leverage. This gives you an advantage in the negotiation process. For example I did not know that the SELLER I was buying from deal had fallen threw. If I would of known all the information I would have been able to get a better deal. In the real world scenario like our class activity I would have done
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Essentials of Negotiation - Chapter 1: The Nature of Negotiation Key Words Models Bargaining Dual Concerns Model Bargaining Range BATNA Claim value Concession Making Conflict Dependent Dilemma of Honesty Dilemma of Trust Distributive Bargaining Independent Interdependent Intergroup Conflict Integrative negotiation Intragroup Conflict Intrapersonal or Intrapsychic Conflict Interpersonal
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Negotiation Assignment This is the second meeting between me (Sales and Marketing Director for the Khao-Lak Resort and Spa) and Miss Natalie‚ A leading European Tour Operator from Italy (acted by Khun Suparadee) In the meeting‚ we still focusing on win-win situation or compromising because we would like to keep relationship between the resort and her company and we would like to keep the future sales opportunities. From the last meeting‚ I was presented her about my resort background and also
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Hours of Work | Work Operation/Shift Schedule | Shift Premium | Overtime | Rest/Meal Period | Opening Position | 2 Operating Shifts being run by 2 shift groups. (40 hour work week) Morning Shift (60% Workforce) Evening Shift (40% Workforce)Each employee will be working on 8-hour shift. Schedule of Shifts will run on a 5 day a week. Morning Shift -5 days (Monday to Friday) 8 hours fixed‚ with 2 consecutive days off (Saturday & Sunday off)Evening Shift – 5 days (Monday to Friday) 8 hours
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Reflecting on my Negotiation Skills Abstract Negotiation is an everyday fact of life and it is bound to occur whenever two parties have differing opinions and they need to seek a middle ground. Devoid of communication lines‚ there can be no negotiation. Communication competence can be gauged using five cognitions. These‚ in their order of strength‚ are: planning cognitions‚ consequence cognitions‚ reflection cognitions‚ and presence cognitions. Areas for improvement include not letting my sincerity
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Positive Approach to Negotiation Chapter 1 – Introduction Negotiation in its narrower sense is an exercise of reasons and benefits between two or more people in disagreements who are trying to reach out for a solution to their on-going conflict1. This process of inter-acting and interpersonal can be on the personal level or at a corporate status as well as at the diplomatic relations between two countries2. There is negotiation simply because the disputing parties wish to create a new working
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Lenovo Capital Structure Change Terms of acquisition: IBM’s x86 server business acquisition The purchase price is approximately US$2.3 billion; Including US$2‚07billion paid in cash and the balance of US$182million in Lenovo ordinary shares. Motorola Mobility Acquisition The purchase price is approximately US$2.91 billion; Including US$1.41 billion paid at close‚ comprised of US$660 million in cash and US$750 million in Lenovo ordinary shares and the remaining US$1.5 billon paid in the form
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GSM 470 Negotiation and Conflict Management Workshop Section A Instructor: Office: Deborah M. Kolb‚ Ph.D. 3rd Floor‚ 411 Commonwealth Avenue Contact Information: 521-3871 (telephone) kolb@simmons.edu Office Hours: Thursday: 3:00-5:00 and by appointment Negotiation and conflict resolution are becoming more important in organizations today. In the past‚ you probably would use negotiation and conflict resolution skills only if your job entailed formal dealings with unions‚ suppliers‚ and customers
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