Negotiation

Document Sample
Negotiation
Negotiation

Management 448

Module II, 2006, M/W 11:20-12:50 and 2:00-3:30, Room 218



Professor Tim Vogus

Management Hall 319

343-8094 (Fax: 343-7177)

Timothy.Vogus@Owen.Vanderbilt.Edu



OBJECTIVES



Negotiation is a skill needed in the business world, no matter what your functional

area or industry. Negotiations occur when companies are merged or separated,

sales are made, employment contracts are signed, or project-team decisions are

made. Negotiations are pervasive – they occur during formal ―negotiations‖ but

also every day when issues are resolved and relationships are formed. This course

is designed to provide all Owen students with the skills needed to approach

negotiations with confidence. This includes a framework for analysis, knowledge

about one’s own tendencies in negotiation, and a chance to experiment with

negotiating techniques in various contexts.



THE ROLE OF SIMULATIONS



This course is heavily experiential. Many times during the course you will play a

role in a simulated negotiation. Role plays allow you to experience some of the

pressures and dynamics of negotiation, they allow you to test for yourself several

bargaining styles, and they provide data for class discussions about how

differently the same negotiation can develop. Given the central role of

simulations in this course, it is critical that they be taken seriously. To encourage

this, the results from your the negotiations will contribute to your grade; the better

you do for yourself, the better your grade. At the same time, you will be

evaluated by your peers as to your reputation in negotiations.



In more operational terms, it is essential that you actually do the negotiations.

The logistics for this course are already difficult. If you fail to complete a

negotiation or are not present in class for the debrief, it complicates matters for

me and takes away from a classmate his or her chance to learn from the course.

For that reason, you can miss -- at most -- only one exercise or debrief, and

then only for a serious personal matter or an on-site visit to a company for a job.

To do so, you must notify me at least 2 days in advance. More absences than this

will result in a penalty of a half-grade for each miss. IF YOU DO NOT FEEL

YOU CAN MEET THIS REQUIREMENT, PLEASE CHOOSE ANOTHER

COURSE.









1

RULES GOVERNING SIMULATIONS



It is also important that you follow strictly the following rules:



• Prepare your role before the time when the negotiation is scheduled.



• Read only the material assigned for your role. Do not read information that

your negotiation partner has, and do not read information that may exist from

prior offerings of this course (e.g., course materials, conversations with peers who

have previously taken the course, etc.) as well as any on-line materials.



• Do not discuss results outside of class. Others in your section may still be

negotiating. If they learn about your outcome, it will bias their results. Be careful

– it is easy for people to overhear conversations in the hallways.



• Be on time for class. Since many simulations will be run and debriefed on the

same day, it is important not to waste time.



• Note when results are due! Many of the negotiations occur outside of class.

For those negotiations, I need the results BEFORE class. The exact times vary

(see below for exact times). You may either e-mail me the results or drop them in

my mailbox.



• Make sure that all questions are answered on the forms (or in e-mail) and that

the results written by both parties match.



• In order to ensure that information does not flow to students who take the course

after you: 1) take care not to lose role instructions, and 2) do not discuss the

specifics of simulations with students who are not taking the class with you.



SIMULATION PROCEDURES



You will be assigned a role and partner(s) for each negotiation simulation. These

role assignments are random. You will receive information about your

negotiating role, along with the relevant confidential and general information, in

time to prepare for your negotiation. When you get your role assignment, please

make sure you have received the correct role information. Roles will be

distributed either in class or to your mail boxes between classes.









2

COURSE GRADING AND REQUIREMENTS



Simulations and in-class activities (40%)



Negotiation Outcomes (15%)



Negotiation Results: Your results will be compared to those of other students in

the class to assess your bargaining performance. In some cases (where outcomes

are qualitative) I will have to make assessments about the relative ―utility‖

achieved by each negotiator; in other cases the simulations produce quantitative

outcomes or scores. In either case, the comparison will be made with other

students in your role, not your negotiating opponent.



Negotiation Analysis/Feedback Statements: At the end of three negotiation

simulations you will write a brief (keep it to <500 words) analysis of what took

place. These statements should include: (1) a synopsis of the key factors that you

think explain what happened in this simulation and why, and (2) an assessment of

the style, tactics, and performance of your negotiation opponent(s). You provide

a copy to your negotiation opponent(s) and a copy to me. These are turned in by

email. A handout on Blackboard explains the format in detail. Please follow

instructions!



Reputation Index (10%)



By the end of the course you will have encountered a number of people across the

bargaining table, and heard about many other negotiations. Based on these

experiences, you will be asked to evaluate the reputation of your classmates as

negotiators and givers of feedback. This measure is a proxy for the long-term

effects that reputation has on negotiations, and recognizes those individuals who

contribute to the value of this course through their peer feedback.



Class Participation (15%)



The purpose of this element of grading is to encourage full and thoughtful

participation in the course. I expect students to be prepared for case discussions

and contribute to negotiation debriefs with their experiences at the bargaining

table as well as any relevant experiences from your professional lives. In addition

to using my own judgment about class participation, I will ask students in the

class to evaluate each other’s class participation at the end of the course.









3

Written Deliverables (60%)



Individual Paper, Real World Negotiation (15%)



Before the fifth week of class, you are to go into the ―real world‖ and negotiate

for something. It may be instructive to negotiation for which you would not

normally negotiate. Write up your experience, focusing on how you prepared for

the negotiation (including a ―basic analysis‖), what happened, and why it turned

out that way. Critique your performance – what could you have done differently

to produce a better outcome? Page limit: 3 pages, double-spaced. See

Blackboard for details and examples. Due: Wednesday, November 15th.



Case Comparison Paper (15%)



Work in pairs (groups of two) to write a paper comparing three cases. Page limit:

4 pages, double-spaced. See Blackboard for details. Due: Wednesday,

November 29th.



Final Paper (30%)



You have two choices for your final paper

1) You can work in groups of 2-3 students (you form your own groups) to

produce a written (no more than 10 double-spaced pages) analysis of an actual

negotiation. Prior to writing a final group paper, you must submit the names

of your group members and a 1-2 page project proposal on November 8th.

2) You can write a self-assessment of yourself as a negotiator. This is an

individual paper which should be 4-5 pages doubled-spaced

See Blackboard for additional details and possible topics. Due: Monday

December 11th at 5 P.M.



CRITERIA FOR EVALUATING WRITTEN WORK



Papers due in this class should contain arguments that are precise, organized,

logical, and appropriately supported. High grades are reserved for well-written

papers that demonstrate a clear, in-depth, and sophisticated understanding of key

processes and concepts. Here is a loose guide to what grades mean (pluses and

minuses are used to shade evaluations upward or downward).

A = Superior analysis, organization, conceptual fluency, and expression

B = Good conceptual understanding and application

C = Limited fluency with concepts and/or application, or weak expression

D = Inadequate, but capable of improvement, given effort; sloppy

presentation

F = Weak, incomplete, or perfunctory









4

COURSE MATERIALS



• A ClassPak that includes readings, cases, and some simulation materials.

• Getting to Yes (2nd Edition), by Fisher, Ury and Patton

• Links to readings on Blackboard

.

“LAB FEE”



There is an additional $25.55 fee for this course to cover the cost of the ClassPak

and experiential negotiation materials purchased from the Harvard Program on

Negotiation and other sources. You must provide Janet Sisco (in 300A) with a

check for $25.55, payable to Vanderbilt University. You will receive the

ClassPak immediately. The additional materials you are paying for will be

handed out at the point in the course when they are used.



THE HONOR CODE



Students are bound by the Honor Code and following specific guidelines for all work

completed in this course. I draw your attention to some specific guidelines related to

Mgt. 448:



• Individual work is to be completed without the assistance of others. While

group interaction is encouraged when studying, any work submitted under your

name alone must be your own work.



• Assignments identified as group work are to be completed by only members of

the group. I also expect all members of the group will have meaningfully

contributed.



• Any use of analyses or any other material in any format from other sections of

this course or a similar course taught at any time in the past, at Vanderbilt, other

universities, or the Internet, is a violation of the Honor Code. Specifically, the

value of experiential activities in Mgt. 448 is diminished by prior knowledge or

divulged information. Accordingly, the following are breaches of the honor code:



- Obtaining confidential role information for a role other than that to

which you are assigned in a negotiation simulation.



- Providing confidential role information to a classmate not assigned to

that role.



- Discussing the content of in-class discussions or sharing information

about experiential exercises in Mgt. 448 with students in other course

sections before the material has been covered in all sections or with other









5

OGSM students who may take the course in the future is a violation of the

Honor Code.



- Obtaining information about exercises used in Mgt. 448 from OGSM

students, former students, or others who have taken part in these exercises

in the past.



• Plagiarism, which includes the unauthorized use of previous years’ materials

(e.g., examinations, case analyses, homework assignments, etc.), is a violation of

the Honor Code.



• Written deliverables must use appropriate citations to signify when arguments

or analyses rely on the ideas or insights of others, including any of the readings in

the class pack.



Please ask me (and not other students) if you have any questions regarding

how the Honor Code applies to this course.



CLASS SCHEDULE AND ASSIGNMENTS



Almost every day there is a negotiation simulation or case to ―prepare.‖ This item will

be the focus of class time. It is important that you read this material carefully. For

most negotiation simulations, it will not take much time to read background information

and role instructions. Do not forget, however, to spend some additional time planning

your approach to the negotiation. Cases will typically require more time to prepare.

Readings available on Blackboard are marked with a (B). On Blackboard, look under

―Course Documents.‖ Readings for each day are in a folder for that day.



Week 1

Oct. 16 Competition and Cooperation (class 1)



In class: Conduct exercise

Read: ―A Hagler’s Christmas‖ (B)

―The Price Is Right‖ (B)

Receive: Roles Instructions for Mapletech/Yazawa

Individual Surveys



Oct. 18 Distributive Bargaining I (class 2)



Prepare: Your strategy for Mapletech/Yazawa negotiation

In class: Negotiate and debrief Mapletech/Yazawa

Read: ―Negotiation Techniques‖ (Craver)(B)

―Secrets of Power Negotiation‖ (Dawson)(B)

―Ten Guides for Effective Negotiating‖ (Byrnes)(B)

These short articles are included to give you a sense of the

range of tactics people may use.







6

Due: Individual Surveys (to be debriefed in a later class)

After class: Send feedback memo #1 by Thursday night at 10pm. See

instructions posted on Blackboard.

Week 2

Oct. 23 Distributive Bargaining II (class 3)



Prepare: ―Up for Auction: Malta Bargains with Great Britain‖ (long case)

In Class: Discuss Mapletech/Yazawa and Malta

Read: ―Bargaining Power‖ and ―The Threat‖ (Schelling)(B)

―3-D Negotiation: Playing the Whole Game‖ (Lax and

Sebenius) (B)

Getting to Yes, chapter 6.

Receive: Role Instructions for Sally Soprano



Case Questions for Malta

1) How would you characterize the main elements of Mintoff’s style?

2) How would Schelling evaluate Mintoff’s approach? How would

Sebenius evaluate Mintoff? Fisher, Ury, and Patton?

3) How did Mintoff’s actions affect the no-agreement alternatives for

Malta and the UK?

4) Are you comfortable with the tactics used by Mintoff? Why? Why not?



Oct. 25 Integrative Bargaining I (class 4)



Negotiate: Sally Soprano (BEFORE CLASS), results due by

Tuesday night at 10 P.M. Send me an e-mail providing

me the details of the final deal (whatever you want to

include in that deal) and include each party’s name and

role.

In Class: Debrief Sally Soprano.

Read: Getting to Yes chapters 1-5

―Executive Pay Takes the Stage‖ (B)

After Class: Send feedback memo #2 by Thursday night at 10pm. See

instructions posted on Blackboard.

Week 3



Oct. 30 Bargainer Psychology (class 5)



Negotiate: Leckenby (BEFORE CLASS). There is no private role

information for this negotiation — you simply take the role

of one side or the other based on your role assignment. The

case is in the ClassPak. Results are due by 8 P.M. on

Sunday. Make sure to send me all the information from

your results sheet by e-mail including all moves you and

your partner made.

Read: ―Negotiating with Problem People‖ (Leretz)(B)







7

―Negotiating without a Net‖ (Misino) (B)

―Hidden Traps in Decision Making‖ (Hammond et al) (B)

Receive: Roles instructions for Mexico Venture



Nov. 1 Negotiating Across Cultures (class 6)



Negotiate: Mexico Venture (BEFORE CLASS). Results are due at

10 P.M. on Tuesday. Make sure to send me all the

information from your results sheet by e-mail.

Prepare: Look through the following website and take one or more of

the implicit attitude demos (ten minutes). Results remain

confidential. https://implicit.harvard.edu/implicit/demo.

This link is also on Blackboard.

Read: ―The Chinese Negotiation‖ (Graham and Lam) (B)

―Racism Studies Find Rational Part of Brain Can Override

Prejudice‖ (B)

Receive: Roles instructions for WineMaster.com



Week 4

Nov. 6 Integrative Bargaining II (class 7)



Negotiate: WineMaster.com (BEFORE CLASS). Results due by 8:00

P.M. Sunday night, by e-mail.

In Class: Debrief WineMaster.com.

Read: ―The Negotiation Checklist‖ (Simons and Tripp) (B)

―Will Buying Wine Get Easier?‖ (B)

Receive: Role Instruction for Discount

After class: Send feedback memo #3 by Tuesday night at 10pm. See

instructions on Blackboard for details.



Nov. 8 Representatives (class 8)



Prepare: See segment of the film Final Offer (50 minutes). To

understand the context, read the background note posted on

Blackboard. Warning: there is some foul language in this

film! Showings on Monday in Room 222, Tuesday in

Room 218:

- Monday Nov. 6: 7:30 & 8:30 P.M.

- Tuesday Nov. 7: 1:00 P.M.

Read: ―When Should We Use Agents?‖ (B)

Several updates on GM and the UAW (B)

―Playing as Rough as Linebackers‖ (B)

Due: Group project proposals.









8

Week 5

Nov. 13 Group Negotiations (class 9)



Prepare Negotiate Discount Marketplace (BEFORE CLASS).

Results due by 8:00 P.M. Sunday night, by e-mail.

In class we will discuss the case and video clips.

Read: ―Betting on the Future: The Virtues of Contingent

Contracts‖(Bazerman)(B)



Nov. 15 Negotiating Across Cultures II (class 10)



Prepare: Negotiate Cobalt Systems (BEFORE CLASS). Results

due by 10:00 P.M. Tuesday night, by e-mail.

Read: ―The Hidden Challenges of Cross-Border

Negotiations‖(Sebenius)(B)

Receive: Harborco role information

Due: “Real World Negotiation” paper



Week 6

Nov. 27 Multi-Party Negotiation I (class 11)



Prepare: Your strategy for the Harborco negotiation

Read: ―Getting Things Done through Coalitions‖ (B)

In Class: Negotiate Harborco

Receive: Role instructions for Exit Interview



Nov. 29 Multi-Party Negotiation II (class 12)



In Class: Debrief Harborco

Prepare: Exit Interview. I will select two people to conduct this

negotiation in front of the class.

―When is it Legal to Lie in Negotiations?‖ (Shell)(B)

Receive: Job Offer role information

Due: Case comparison paper (see instructions on Blackboard)

Week 7

Dec. 4 Salary Negotiations (class 13)



Prepare: Roles for Job Offer

In Class: Negotiate and Debrief Job Offer

Read: ―They Want to Hire You. Now, the Bargaining Starts‖ (B)

"$$Get Paid More!" (B)

"Counteroffer or Counterproductive?" (B)

―Five Questions‖(B)

Several other articles on job negotiations (B)









9

Dec. 6 Negotiating in Organizations (class 14)



Read: Getting to Yes, chapters 7 and 8

―Turning Neg. into a Corporate Capability‖ (Ertel)(B)

―Six Habits of Merely Effective Negotiators‖(Sebenius)(B)

In Class: Watch/debrief Negotiating Corporate Change video



Week 8

Final Papers due by e-mail at 5 P.M. on Monday December 11th









10


Share This Document


Related docs
Other docs by yungtyriq
FOOD GROUPS
Views: 22  |  Downloads: 0
China -
Views: 50  |  Downloads: 1
Discussion of When the US Sneezes, Do We Need
Views: 12  |  Downloads: 0
Austalia neighborhood presentation july.ppt
Views: 25  |  Downloads: 0
Gi˘ tr— vø S c kh·e T r— em
Views: 5  |  Downloads: 0
by registering with docstoc.com you agree to our
privacy policy

You are almost ready to download!

You are almost ready to download!