strategy

The following items are tagged strategy.

Specific versus Abstract Negotiation Skills Training

Posted by & filed under Negotiation Skills.

Researchers have argued that negotiators learn more from cases and real-world experiences when they can take away an abstract version of the lesson. Such abstractions come from analogies developed across two or more different negotiation contexts, say Leigh Thompson and Dedre Gentner of Northwestern University and Jeffrey Loewenstein of the University of Texas, who propose that such analogical reasoning be incorporated into negotiation training.

But researchers Simone Moran and Yoella Bereby-Meyer of Ben Gurion University and Max H. Bazerman of Harvard Business School argue that teaching people more general negotiation principles – such as “value can be created” – enables a more successful transfer to a broader range of new negotiation tasks than focused analogies.

Rapport Comes First

Posted by & filed under Conflict Resolution.

How is it that mediators – who themselves lack any power to impose a solution – nevertheless often lead bitter disputants to agreement? Substantive expertise helps, as does keen analytic skill.

According to a recent survey by Northwestern University law professor Stephen Goldberg, veteran mediators believe that establishing rapport is more important than employing specific techniques and tactics.

Why You Should Make More Than One Offer

Posted by & filed under Sales Negotiations.

Effective negotiators seek opportunities to create value. By making tradeoffs across issues, parties can obtain greater value on the issues that are most important to them. But how can you be sure you’re making the right offer?

Victoria Husted Medvec and Adam D. Galinsky of Northwestern University argued that, in negotiations involving many issues, you can create a great deal of value by making multiple equivalent simultaneous offers or MESOs. This strategy entails identifying several proposals that you value equally and presenting them to the other side.By making multiple offers, the theory goes, you appear more flexible, collect information about the other side’s preferences based on which offer she likes best, and increase the odds of reaching agreement.

Transnational Negotiations

Posted by & filed under DRD Tag Pages.

Transnational Negotiations
BRANDEIS UNIVERSITY INTERNATIONAL BUSINESS SCHOOL (BUS 275F 1)

FALL 2012

Instructor:
Steven Cohen

Explores the dynamics of international business negotiations in the context of evolving global industries. Students will develop an understanding of negotiation strategy, positioning, and process, as well as the skills necessary to effectively design, negotiate, and manage transnational deals. Usually offered

To Avoid Destructive Competition, Take the Pledge

Posted by & filed under Conflict Resolution.

It was shaping up to be one of the most expensive Senate races in U.S. history. By this January, Republican Scott Brown and Democrat Elizabeth Warren of Massachusetts each had raised millions in their contest for Brown’s U.S. Senate seat, and third-party groups were spending even more on negative ads.

Both candidates had publicly tried to distance themselves from the so-called super PACs and other big spenders. On January 23, Brown and Warren put their money where their mouths were: they signed a “People’s Pledge” designed to end the influence of outside spending in the campaign.

Get Time on Your Side

Posted by & filed under Negotiation Skills.

When negotiators can’t manage to resolve a final sticking point, time can be one of the best tools at your disposal. How can you use time to move forward?

First, and perhaps most obviously, take a break from talks. That might mean adjourning until the next day, next week, or even longer. In negotiation, a pause gives everyone a chance to cool off and take stock of the situation. During the break, you might plot strategy with your team or talk to a trusted adviser. You might also take the time to list the goals you’ve achieved in the negotiation thus far, suggests John H. Wade in The Negotiator’s Fieldbook (American Bar Association, 2006). If the list is impressive, your remaining goal may seem less significant – and easier to tackle. If the list is disappointing, you might consider whether this is the right deal for you after all. Maybe your last-minute difficulties indicate a larger problem.

Negotiation Workshop Students Offer U.S. Assistant Attorney General Advice on Guantanamo Bay

Posted by & filed under Negotiation Skills.

Guantanamo Bay is a location firmly fixed in the public mind as one of the many physical symbols associated with the age of terrorism. Before becoming President of the United States, Barack Obama promised the closure of this controversial site. Yet that promise was fraught with many political considerations, such as how to close a

Touchy-feely Negotiators?

Posted by & filed under Negotiation Skills.

In a series of studies, Joshua M.Ackerman of the Massachusetts Institute of Technology, Christopher C. Nocera of Harvard University, and John A. Bargh of Yale University explored how the feel of physical objects could arbitrarily be influencing our choices without our knowledge.

In one study, the researchers asked passersby to evaluate a job candidate by reviewing

Negotiating for a Higher Salary

Posted by & filed under Business Negotiations.

For a new employee, negotiating a salary offer up by $5,000 could make a huge difference over the course of a career. A 25-year-old employee who enters the job market at $55,000 will earn about $634,000 more over the course of a 40-year career (assuming annual 5% raises) than an employee who starts out at

The Benefits of Coalition Building

Posted by & filed under Negotiation Skills.

In 2006, representatives of wind-energy developers started knocking on the doors of Wyoming ranchers. They were seeking to persuade the ranchers to sell the rights to build wind turbines on their land, reporter Addie Goss recounted on National Public Radio. Typically, the developers build wind farms by leasing large blocks of land from many different landowners in western states. In Wyoming, ranchers began signing leases without knowing the true value of the wind sweeping across their land.