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Mind map

Chapter 4: Strategy & Planning

Zureen Aliyah Azmel Effendy Business/Economics English

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Chapter 4: Strategy & Planning

  1. Ways goals affect the negotiation

    • Set goal based on interest and need
    • Link to the other party's goal but it is not necessary
    • Set limit for the negotiator
    • It must be specific, clear and realistic
  2. Key steps in planning

    • 1. Setting Goals
    • 2. Develop strategy
      • 3. Implement planning process
  3. Strategy- Overall plan

    • Unilateral approaches
      • Decision made on their own
    • Bilateral approaches
      • Decision made with the active involvement of the other party
  4. Planning process

    • 1. Define goal
      • 2. Define the bargaining mix that relate to goal
        • 3. List the bragining mix
          • 4. Define interest
            • 5. Determine BATNA
              • 6. Setting limit for the goal (resistant point)
                • 7. Understand the other party's goal, issues and limits.
                  • 8. Set the target and initial offer.
                    • 9. Assess the social context of negotiation.
                      • 10. Present the issue to the other party.

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Business/Economics Mind Map on Chapter 4: Strategy & Planning, created by Zureen Aliyah Azmel Effendy on 07/10/2021.
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