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2015022
Are you a good negotiator? asked myself before choosing the course.
The only experience I had so far is bargaining at the market for reducing
price of my shopping, which could save some amount on my wallet. But,
the first lesson I learnt in this course, how bargaining is different from
negotiation. As it goes, bargaining is a situation where either one of the
parties lose and other wins, whereas in a Negotiation process, both the
parties gain something out of the transaction. The latter focus on What is
right whereas, bargaining focus on Who is right. And later the instructor
states during the session, This course is to produce Ace negotiators, this
was interesting and reinforced me to focus on the session keenly.
Understanding of concept
Power to approve doesnt give power to disapprove but to improve. One
doesnt gain any power to rule out any option or reject any solution, but
he or she got all rights to improve the solution to attain a mutual benefit.
Negotiation is all about a single framework. These 7 pillars are the key for
any negotiation process: Stakeholder - Positions Issues Interests Options Standards.
Stakeholders could be defined as an individual or a party who impact or
be impacted; or who influence or be influenced in the transaction.
Positions are the stance taken by the parties. At times, both the partys
positions might be different or they both could gain mutually if we could
tweak their positions. However, the parties decide their stance based on
the maximum gain they could get out of it. For example, in Mahatma
Gandhis autobiography, when he was travelling on train to Pretoria he
was thrown out of the First Class by the railway constable. In that situation
Gandhis position was to travel in 1st class as he owns a ticket for the
same. However, according to the co-passengers and the railway constable
they took a position of not allowing him to travel in the first class
considering him as coloured. Issues, what is the core problem of the
Nirmal Raj M
2015022
Nirmal Raj M
2015022