MANAGEMENT
TOPIC 1
INTRODUCTION
Topic Objectives
Characteristics of Negotiation
Six characteristics of negotiation:
1. There are 2 or more parties involved
2. There is a conflict of interest
3. Expectation of a better outcome as a result of negotiation
4. The parties prefer mutual agreement above other routes
5. Implied quid pro quo
6. Involves both tangible and intangible components
Nature of Negotiation
Interdependence both parties have something to contribute and
something to attain
Issues versus Interests distinguish between the two:
Conflict
Intrapersonal conflict: a person feels within him/herself (not part of
negotiation)
Interpersonal conflict: between two people
Intragroup conflict: within a group of people
Intergroup conflict: between two groups
Conflict can be good and promote growth
Conflict can be bad if it promotes mistrust
In all cases, conflict needs careful management
Preparation: Research
Ethics in Negotiation