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Win lose negotiation strategy
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Win - Lose Outcome in Negotiations
From my readings on negotiations, I’ve realized that, one way or another, we are always negotiating, because everything we need and want in life belongs to someone else. Therefore in order to get what we want, we have to negotiate to get it. After our negotiations, we may have a win – win outcome, where everyone is happy, or we may end up in a win - lose outcome, where one side is perceived as having done significantly better at the expense of the other side.
For this assignment I am writing my personal experience which end up with a win – lose outcome (on this case, the other guy was the winner, and I was the loser). This happened to me about one month ago, when I decided to sell one of my two cars. I took the decision to sell my car for two reasons: first, owning a second car was just increasing my expenses, and second, I needed money to go on vacation to Peru. By this time, I had already bought my plane tickets, but I needed some extra money to spend in Peru.
Anyway, so I decided to post a “for sale” sign on my windshield, like many people do when they want to sell their car. One week had passed and I had no luck selling my car. I have to admit that I was getting a little concerned because I was really looking forward to sell this car and get some money for it. But two or three days before my trip, to my surprise, someone had left a message on my cell phone. It was a gentleman saying that he was very interested in buying my car if the price was reasonable. I contacted this guy as soon as possible and I informed him the amount of money I was asking for the car. He replied that it was probably more than he was willing to pay. Since I did not want to lose a potential buyer, I said that I was willing to negotiate.
The book is telling us that a win - lose outcome often occur “when future relationships are not important” (R. Lewicki, Negotiation, page 19). On this case, I did not anticipate additional business with this gentleman beyond this sale transaction. I wasn’t expecting any kind of friendship/relationship with the guy either.
(pg. 38) Personal gain is not your goal. Pursuing sales for the sake of self-interest and gain is not your goal. Helping others is. You are never concerned about sales goals, only customers. Take care of customers, and customers will take care of
Lewicki, J. R., Barry, B., & Saunders, M. D. (2010). Negotiation: Readings, exercises and cases
There are many tactics that both sides can and do use to try and get the other side to yield first, when negotiations are under way. Uni...
Many situations present the important synchronization of internal versus external negotiations. Many individuals have studied how each side in the negotiation is able to manage the internal opposition to agreements being negotiated. This can also be known as “on the table”, or what exactly is on the line in a heated argument. Each individual involve in an argument has a particular position to be managed, and often times own personal interests are widely expressed. This paper will expand upon the case of Fischer collecting needed funds from Smith with proposals and ideas for a manageable negotiation.
Fisher, Roger, William Ury, and Bruce Patton. Getting to yes: negotiating agreement without giving in. 2nd ed. New York, N.Y.: Penguin Books, 1991. Print.
Lewicki, R., Saunders, D.M., Barry B., (2010) Negotiation: Readings, Exercises, and Cases. 6th Ed. McGraw-Hill Irwin. New York, NY
The dynamic of a win-lose bargaining situation can cause negotiations to be exceedingly tense and volatile because only one side will gain at the end of these type of negotiations. This makes the concept of distributive bargaining controversial. Michael Wheeler, the author of the article, Three cheers for teaching distributive bargaining, discusses how many professors at an academy of management conference disapproved of distributive bargaining negotiation tactics. Wheeler explains, a huge majority of the attendees disapproved of exposing their impressionable pupils to the reality that in some negotiations, more for one party means less for the other” (Wheeler, 2012).
Negotiation is a fundamental process used in resolving conflicts, making business deals, and in managing working relationships with others. Negotiations occur for two reasons: (1) to resolve a problem or dispute between parties, or (2) to create something new that neither party could do on its own.
Negotiations styles are scholastically recognized as being broken down into two general categories and those are distributive bargaining styles and integrative negotiation styles. Distributive bargaining styles of negotiation are understood to be a competitive type of negotiation. “Distributive bargaining, also known as positional bargaining, negotiating zero-sum, competitive negotiation, or win-lose negotiation, is a type or style of negotiation in which the parties compete for the distribution of a fixed amount of value” (Business Blog Reviews, 2011). This type of negotiation skill or style approach might be best represented in professional areas such as the stock market where there is a fixed goal in mind or even in a garage sale negotiation where the owner would have a specific value of which he/she would not go below. In contrast, an integrative negotiation approach/style is that of cooperative bargaining, or win-win types ...
Therefore, making one decision can have a huge impact on others. This is why it is important to think of the consequences that could occur before you make any decision. Both the soldier and Ronnie face challenges to make the decision whether they should be loyal to their leader or friend, or whether they should do the opposite. They later regret the decision they make and face the consequences that come along with it. Ronnie goes through an emotional state from lying to the sergeant, and the soldier feels guilty for killing Gregory. This is why you should think of others before you make any decision, and be loyal to those who you trust and think are right.
Lewicki, R. J., Barry, B., & Saunders, D. M. (2007). Essentials of Negotiation. New York: McGraw-Hill/ Irwin.
The topic for my real world negotiation is to come to an agreement with my supervisor for a promotion as well as an increased salary. I currently work as a student assistant at the student services Planning, Enrollment Management, and Student Affairs (PEMSA) department. My goal is to increase my hourly pay from $10.15 to $12.70, a 25% increase. Having worked in this department for three years, I have taken on tasks not part of my job description such as processing return mail, data entry, and supervision.
Lewicki, R. J., Saunders, D. M., & Barry, B. (2010). Negotiation: Readings, exercises, and cases. New York: McGraw-Hill Irwin
Negotiation approaches are generally described as either distributive or integrative. At the heart of each strategy is a measurement of conflict between each party’s desired outcomes. Consider the following situation. Chris, an entrepreneur, is starting a new business that will occupy most of his free time for the near future. Living in a fancy new development, Chris is concerned that his new business will prevent him from taking care of his lawn, which has strict requirements under neighborhood rules. Not wanted to upset his neighbors, Chris decides to hire Matt to cut his grass.
Negotiation has been used as a vital communication tool not only in business but also in social intercourse. It helps people make common agreement and avoid conflict. So we need to use the tactics which we learned from this course and books to do more practice, only in this way we can gain advantages in negotiation.