The Power of Successful Negotiation
Principle & Standard
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This session aims at developing analytical and communication skills that are necessary for successful business negotiations. Negotiation is described as a complex three-stage process that consists of preparation, negotiating, and post-negotiation implementation and evaluation. The session combines both theoretical knowledge and practical experience through learning by doing.
Participants will be able to...
- define negotiation and describe the various components involved
- list the roles and functions in negotiation teams; demonstrate the skills of organizing and managing negotiation teams
- explain the functions of the best alternative to a negotiated agreement (BATNA); recognize and use BATNA in negotiations.
- describe negotiation styles in different cultures; adjust negotiation tactics to cultural differences.