Page 105 - DMGT519_Conflict Management and Negotiation Skills
P. 105

Unit 4: Negotiation


               deadlocked.
                                                                                                Notes
                                        Figure  4.2:  Deadlock
                       Ideal (A)          Limit





                                                  Limit
                                                                     Ideal (B)


          In this case since both the lines are at a gap, suggesting no possibility of a settlement. As a result
          they may end up in a deadlock or one (or both) will have to revise their limits. In this situation
                                      Figure 2: Deadlock
          either of the parties may use sanction against the other to persuade adjustment of one’s limit and
          try to achieve a meeting of the lines. This is most commonly seen in the form of a strike or a
          cutting off of suppliers in credit.

          It  is  also  possible  that  new information  emerges  or  new circumstances  occur during  the
          negotiation, necessitating alteration in the pre-negotiation ideal and limit continuum.
          Figure depicts another possibility where A’s range overlaps B’s ideal. If B discovers this during
          negotiations, he will have a choice of settling at his ideal or revising it (revised ideal), as shown
          by the dotted line-if he does not discover this, he may settle for less than he needed to.
               dotted line-if he does not discover this, he may settle for less than he needed to.
                                            Figure  4.3

                       Ideal (a)
                                      Limit






                                                                Revised Ideal (b)
                           Limit                 Ideal


          Firstly negotiation process aims at getting into bargaining arena. Once the negotiators are in the
          bargaining arena, settlement, depends on their relative bargaining skill, leading to how much
                                    Figure 3

          are travels to reach the settlement point. Ensuring implementation of the agreement is also a
               Firstly negotiation process aims at getting
          very crucial aspect  besides securing it at the least cost. One of the  most difficult test of the
          negotiation training may be-Does it work in practice?
          There are various ways and approaches of improving negotiating performance. As said earlier
          the  real test is if it works in practice. One of  the processes based on  practical experience of
          participation  an detailed study of the negotiations,  focusing on  the skills  of negotiating  is
          known as Eight Step Approach. This  approach has been quite popular and  have also been
          validated, by the experienced of negotiating in industrial relations and commercial dealings.
          These skills are set in real-world environments and successful training requires that the credibility
          of the approach remains high with the practicing managers.
          Attempts to train management negotiators through abstract theories of negotiating and the use
          of extremely artificial issues is likely to be much less effective.




                                           LOVELY PROFESSIONAL UNIVERSITY                                   99
   100   101   102   103   104   105   106   107   108   109   110