Influence

The following items are tagged Influence.

A Cash-Out Transaction: Cox Communications

Posted by & filed under Business Negotiations.

On August 2, 2004, Barbara Cox Anthony and Ann Cox Chambers, two sisters who together owned 73% of Cox Communications, announced that they wanted to cash out the minority shareholders of their company. Their initial offer was $32 per share, or a 14% premium to the preannouncement trading price of approximately $28 per share.

Roger Fisher and The Advocates

Posted by & filed under PON Film Series.

The Program on Negotiation will screen an episode of The Advocates with Roger Fisher, former professor at Harvard Law School and co-founder of PON. Commentary will be provided by Lisle Baker, Professor of Law at Suffolk University Law School and Bruce Patton, Distinguished Fellow and co-founder of the Harvard Negotiation Project.

Fickle Intuition

Posted by & filed under Negotiation Skills.

Placing Trust in Others

When it comes to trusting others, negotiators often rely on their gut instincts.

Recent studies indicate, however, that extraneous factors can sway such judgments.

For example, Michael Kosfeld and other University of Zurich researchers introduced a twist in a classic trust game in which subjects must decide on how much money to invest when there’s no guarantee that the party playing the “trustee” will return the investment or share the gains.

How to Negotiate When You’re Literally Far Apart

Posted by & filed under Business Negotiations.

Imagine that you’re the CEO of a sports clothing manufacturer based in Chicago. You recently traveled to Amsterdam, the Netherlands, to meet with a distributor who has a rich and diverse network in the European sports market.

During the business trip, you both express enthusiasm about the possibility of a joint venture and agree to give the potential alliance more thought.

Back home, you learn that one of your competitors has discussed similar plans with the same distributor.

Seeing May Be Misleading

Posted by & filed under Negotiation Skills.

Consider the first-ever televised debates between the U.S. presidential candidates in 1960.

Studies of the audience after the first of four debates revealed that in the eyes of television viewers, charismatic and confident John F. Kennedy was clearly victorious over the sullen Richard Nixon, who had a five o’clock shadow and was also underweight and pallid because he had spent two weeks in the hospital because of a knee operation.

Not-So-Privileged Information

Posted by & filed under Dispute Resolution.

The law of attorney-client privilege protects certain communications on the assumption that clients will reveal critical information to their attorneys only if they know such disclosures will not harm them in court. Despite the inadmissibility of such evidence, judges can have difficulty disregarding privileged information that sheds light on a case.

In Deal Making, Broaden Your Focus

Posted by & filed under Business Negotiations.

Imagine that you are in charge of renting a new location for a branch of your company in a nearby city. After researching the reputations of a number of local real estate agents, you meet with several and choose the one who seems most knowledgable and responsive.