Negotiation Excellence Successful Deal Making

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Mind Map on Negotiation Excellence Successful Deal Making, created by HILDA NEIRA on 08/09/2018.
HILDA NEIRA
Mind Map by HILDA NEIRA, updated more than 1 year ago
HILDA NEIRA
Created by HILDA NEIRA over 6 years ago
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Negotiation Excellence Successful Deal Making
  1. it is a point of acceptance between two or more parties and that is larger with the need for a separate cad.
    1. Assess the historical, political, legal, and cultural context in which negotiations take place.
      1. political, legal and cultural issues can have a significant impact on course of the negotiation, so that this is profitable or not.
      2. rules of the game
        1. Assess the purpose of the negotiation: Deal-making or dispute resolution?
          1. there is distributive and integrative negotiation
          2. Assess the nature of the conflict: Are ideologies involved?
            1. it is important to perform a relationship analysis between commercial interests and ideologies for an adequate relationship of negotiations
            2. assess the temporality of the negotiation: One-shot or longterm?
              1. When we talk about long-term relationships aspects to highlight this reputation and trust
              2. Assess external constraints: Is time an issue?
                1. An evaluation of the costs related to the time for both parties can help the negotiators to turn limitations into opportunities
                2. Assess external constraints: Place.
                  1. the place plays an important role because it can bring advantages and safety
                  2. Assess external constraints: Communication channels
                    1. know the properties of the channels for greater effectiveness
                  3. Analyze the negotiation structure and components
                    1. interests can not only concern the outcome of a negotiation but also the process.
                      1. Identify the negotiation parties. A party to a negotiation is any person or group pursuing distinct goals in the context of a specific negotiation.
                        1. Careful negotiation of the problems that can bring to the negotiating table open doors for more profitable settlements
                          1. In order to judge realistically the alternatives themselves, negotiators need Carefully investigate your options, as well as assess the likelihood of those available options
                            1. Determine the target/aspiration and reservation/resistance points. Knowing BATNAs and creating a scoring system allow negotiators to determine their reservation/resistance points, the points at which negotiators can walk away from the negotiation.
                              1. negotiators should conduct a self-assessment in terms of their attitude toward risks, preferred approach to conflict, and personal negotiation history. this will protect them from possible negative tendencies
                                1. Ideally, negotiators would like to have all the information they need about the other party’s positions, interests, preferences, and alternatives, in order to achieve the best outcome possible.
                                  1. Assess the relationship with the other party. The importance of the relationship between the two parties is rarely discussed in detail but can have significant influence on what gets accomplished in a negotiation.
                                    1. Negotiation scholars have proposed a viable approach to streamlining the process, that is, to generate scoring systems that assign points to various options of each issue and quantify the offer proposals involving multiple issues
                                    2. Conclusion: Planning and Preparation as an Ongoing Process
                                      1. Aunque la mayoría de la planificación y preparación se lleva a cabo antes de la negociación, deben considerarse como un proceso continuo eso continúa durante toda la negociación.
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