Strategic
Considerations
1. What is my power in this negotiation?
a. What sources of power (resources)
could I draw upon if necessary?
b. How dependent is the other
party upon me? How dependent am I on
the other party?
c. How committed is the other
party to outcomes I control? What is the
degree of my commitment?
2. How can I influence the other party?
What are my strongest persuasive appeals and arguments?
3. How will the other party likely to
try to influence me? What are the other party's strongest persuasive
appeals and arguments?
4. What are the weakest points in my overall
position and on specific issues?
5. What are the weakest points in the
other party's overall position and on specific issues?
6. At this point, should I modify my goals/issues
in any way?
The
Negotiation Environment
1. Where will the negotiation take place?
Which party "owns" or controls the site? Is a neutral site preferable?
2. Is the negotiation setting formal or
informal? What are the physical arrangements of the site? What
is the distance between parties? Does the physical arrangement suggest
atmosphere and status concerns?
3. How does the negotiate setting relate
to my preferred strategy?
4. Does the negotiation face time constraints?
Do deadlines exist?
The
Negotiation Process
1. Before the negotiation begins, do procedural
rules need to be discussed? Should an agenda be set? What are
my most important concerns regarding procedures, rules, and an agenda?
2. What kind of strategy to I want to
use in this negotiation (distributive-contending, integrative-collaborative,
accommodation-compromise, or a mixed strategy)? What type of tone
or climate to I want established?
3. How do I need to get the other negotiator
to do to make this strategy work? How can I influence the other party?
What tactics can I use to maintain this strategy?
4. If my strategy or plan does not work,
what is my fall-back option? What is my BATNA - Best Alternative
to a Negotiated Agreement?
From
Howard Raiffa, The Art and Science of Negotiation, Harvard University
Press, 1982.
Preparing for negotiations
1. Know yourself; think about what you
need, what you aspire to. Search for competing and alternative deals.
Analyze your other alternatives , and assign a certainty-equivalent value
to your best alternative to a negotiated agreement (BATNA). Amass
your arguments . . . facts, data, etc.
2. Know your adversaries. Consider what
will happen if no deal is reached. Investigate the opponents; past
behavior, credentials, etc.
3. Consider negotiation conventions.
How open should you be? How believable is your adversary (can you
trust)? Should you withhold information? Can negotiation be
done in stages? Should issues be divided (fractionated) or packaged?
4. Logistics: Who should negotiate?
Should roles be assigned to negotiators on your side? Do you need
representation? Where should/will the negotiation take place?
When?
5. Practice - simulate the experience;
use role playing
6. Set your aspiration levels.
7. Who should make the first offer?