Lecture: 3 hours/week
Seminar: 1 hour/week
OR
Hybrid: 2 hours/week in class; 2 hours/week online
OR
Fully online
1. Introduction to Business Negotiations
a. Practical application of negotiation skills:
i) assessment tool for compatibility;
ii) negotiating offers and contract terms; and
iii) dispute resolution.
b. Dispute resolution alternatives to negotiations:
i) arbitration;
ii) litigation; and
iii) mediation.
2. Negotiation Essentials
a. Differentiating between procedural, substantive and emotional interests;
b. Preparation before the negotiation:
i) conflicts screening;
ii) preparation, logistics, agreement to negotiate; and
iii) BATNA and reservation point.
3. Advanced Negotiation Skills
a. Negotiation techniques, interest based:
i) micro skills;
ii) establishing common ground;
iii) communication: questioning, paraphrasing and summarizing; and
iv) how to find a win/win solution.
b. Negotiation techniques, distributive v. integrative:
i) competitive;
ii) collaborative; and
iii) adaptive.
c. Establishing trust and building a relationship;
d. Power, gender and ethics;
e. Problem solving in negotiations; and
f. Working with emotional counterparts:
i) tactical empathy;
ii) rational compassion; and
iii) verbal self-defense.
4. Applications and Specific Scenarios
a. Multi-party, coalitions and teams;
b. Cross-cultural negotiations;
c. Social dilemmas; and
d. Negotiating via information technology.
5. Post Negotiation Skills
a. Evaluating a negotiation:
i) reality check the outcome;
ii) resolution of the identified issues; and
iii) getting agreement in writing.
1. Demonstrate primary negotiation skills.
2. Distinguish among ADR (Alternative Dispute Resolution) options and explain the appropriate use of each method.
3. Develop a BATNA (Best Alternative to Negotiated Agreement) and estimate your reservation point in preparation for negotiation.
4. Apply tools for negotiation preparation- including self-assessment and assessment of the other party.
5. Identify obstacles and remedies to integrative negotiations.
6. Demonstrate how to deal with distributive bargaining in negotiations.
7. Demonstrate an understanding of the importance of trust and relationships in negotiations.
8. Recognize and apply sources of power in negotiations.
9. Practice ethical negotiations and recognize unethical practices.
10. Explain the complexity of multi-party negotiations, and apply strategies for effective negotiations in the multi-party context.
Assessment will be in accordance with the ÁñÁ«ÊÓƵ Evaluation Policy.
Participation |
0-10% |
Case(s), project(s) and/or assignment(s) |
30-50% |
Oral presentation(s) |
15-20% |
Test(s) and/or quizzes |
20% |
Final exam or capstone project |
20-30% |
Total |
100% |
*no single assessment worth more than 40%
The Mind and Heart of the Negotiator, Latest Edition by Leigh Thompson (Pearson) or
Essentials of Negotiation, Latest Edition, by Roy Lewicki, Kevin Tasa, Bruce Barry and David Saunders (McGraw-Hill)
Optional Supplemental Texts:
Never Split the Difference by Chris Voss (HarperCollins)
Against Empathy: The Case for Rational Compassion by Paul Bloom (HarperCollins)
The Gentle Art of Verbal Self-Defense by Suzette Haden Elgin (Dorset Press)
Getting to Yes: Negotiating Agreement without Giving In by Roger Fisher and William Ury (Penguin Books)
Or any other textbook and/or materials approved by the department.