Wednesday, September 2, 2009

reading 13

Cohen, S 2002, 'The seven pillars of negotiational wisdom', in Negotiating skills for managers, McGraw-Hill, New York, pp171-187.

Don't let the forest obscure the trees
Love that quote. It's just like one my husband quotes to me "if a man speaks in a forest and no woman hears him is he still wrong?"
Well duh, of course.

The 7 pillars of negotiational wisdom lists the process elements that merit consideration each time we negotiate. you need to prioritize them according to each negotiation you participate in.
The 7 pillars are:
1. relationship- treat each negotiation as an episode in an ongoing relationship. Understanding the value of the ongoing relationship can have a significant impact on how you pusue the negotiation process.
2. interests- each party undertakes negotiations in order to bring about the most favourable possible solution for their own interests.
3. BATNA- Your BATNA tells you wheter you have a better way to serve your interests.
4. creativity- think outside the box. Design your creativity to expand the possibilities available to the negotiating parties.
5. fairness- you should behave in a way you would consider fair if you were on the receiving end.
6. commitment- a negotiation can only be called successful when it yields an agreement to which the parties are committed.
7. communication- information is the fundamental asset in negotiation- and communication is how information moves from one party to others.

The 7 pillars are supported by one foundation: Preparation.

Now that I have read that reading I will spend the day preparing for our group assignment meeting tonight so that I don't appear to be the dead weight of the group.






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