Advanced Negotiation Skills - Course Outline
Advanced Negotiation Skills - Course Outline
Course
Code
Course Advanced Negotiation Skills
Title
Course Dr Madhavi Gokhale
Instruc
tor/s
Credit Full credit course (2.7 credits)
Value
Progra FTMBA Trimester IV
mme
&
Trimes
ter
Should have successfully completed the course titled “Negotiations: Skills and Processes in
Trimester III
(CLOs of the course:
Pre- CLO 1) To introduce students to the basic concepts of Negotiations (PLO 4C)
requisi CLO 2) To familiarize students with processes and skills needed for different types of negotiations
te (PLO 4A)
CLO 3) To help students to appreciate the nuances of the negotiation process when dealing with
different stakeholders (PLO 4C)
CLO 1) To familiarize students further with the importance of context and styles of negotiations
based on basic theoretical frameworks and concepts introduced in the course “Negotiations: Skills
Learni and Processes” taught in Trimester III (PLO 4a)
ng
Object CLO 2) To help students acquire verbal and non-verbal skills necessary to negotiate with different
ives personalities and cultures (PLO 4c)
CLO 3) To enable students to understand the relevance and impact of pre-negotiation processes
and sub-processes on the outcome of negotiations (PLO 4a)
Learni 1) Students will be able to identify and use appropriate conflict-management and negotiation
ng strategies in a variety of situations
Outco
mes 2) Students will learn to utilize communication and interpersonal skills when confronted with
(Must various personalities and scenarios
be
connec 3) Students will arrive at a better understanding of the cognitive and perceptual skills required to
ted to cope with complex negotiations
Learni
ng
Objecti
ves)
Course People negotiate all the time. Negotiation is not a process reserved for corporate czars or
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Descri international diplomats. Nor does it always degenerate into a haggling process where buyers and
ption sellers play out a game of power dynamics to see who tires first. However, the structure and
processes of negotiation are fundamentally the same at the personal level as they are at the
diplomatic and corporate levels.
In trimester III students were exposed to two basic types of negotiations: Distributive Bargaining
and Integrative Negotiations in the course “Negotiations: Skills and Processes”. The course gave
inputs on basic terms such as “Best Alternative to a Negotiated Agreement” (BATNA) and “Zone
of Potential Agreement (ZOPA) and also highlighted the importance of negotiations strategies
before the final event through role-play and group activities.
This course will further expose students to a variety of situations, contexts and scenarios that
require simple conflict-management strategies on the one hand and more complex negotiation
skills in deals and disputes on the other. It will also offer guidance on how to use communication
and interpersonal skills to their advantage in difficult negotiations and use collaborative strategies
instead of adversarial tactics to build relationships. Lastly it will also encourage them to use
different styles of negotiations depending on the outcomes to be achieved while adhering to
ethical means and standards of behavior.
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Dilemma of trust None as it is an introductory lecture Activities:
and honesty
• The red-blue game
The students will • Refresher quiz based on
understand the role the module on
played by Negotiations conducted
in Trimester I
perception and the
asymmetry of
1 information that
leads to the
questions: “Can I
trust the other
party? Will the
other party
reciprocate with
honesty?”
Personality and Knowing personality types aids Class discussion based on the
abilities in negotiations by Alan Buhler, Austin reading
3
Negotiations Business Journal, available at
http://www.bizjournals.com Group activity based on the
Students will transcripts (evaluative
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distinguish Transcripts: Ted and Sandy component for class
between different participation)
personality types
and understand
how to negotiate
with each
Communication, Negotiating Rationally: The Power and Class discussion based on the
Persuasion and Impact of the Negotiator’s Frame by pre-read and videos sent
framing in Margaret Neale and Max H. Bazerman asynchronously
Roy J. Lewicki, R. J. Saunders D.,
Negotiations I
Minton, J. (2000) Negotiation: Readings,
Students will Exercises and Cases, 3rd edition, New
understand the York, McGraw-Hill International
importance of Editions, pp.115-124
effective strategies
used to create Scene from Pirates of the Caribbean
convincing https://www.youtube.com/watch?v=xjQ5
narratives while OomkVpg
4
negotiating
Scene from Jerry Maguire
https://www.youtube.com/watch?v=ECX
hNbK4rJ4
Power and Power in Negotiations sourced from You Class discussion based on pre-
Influence in Can Negotiate Anything by Herb Cohen read and videos
Negotiations
Video on Power in Negotiations
6 Students will learn
to appreciate the https://www.youtube.com/watch?v=I078
importance of P-
power, 5e11g&list=PL0tX_faQRF2vPTaqRjDxQ
information and
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time as well as mwIvZ18pqCV1&index=2
factors related to
influence in
negotiations
Emotions in Untapped Power: Emotions in Class discussion based on pre-
Negotiations Negotiation by Daniel L. Shapiro sourced read and video
from Roy J. Lewicki, R. J. Saunders D., Quiz on Sessions 1 to 6
(Evaluative component for class
Minton, J. (2000) Negotiation: Readings,
participation)
Exercises and Cases, 3rd edition, New
7 York, McGraw-Hill International
Editions, pp.139-144
Cognitive Biases Deals without Delusions by Lovallo, Class Discussion based on the
and Negotiations: Dan; Viguerie, Patrick; Uhlaner, Robert; pre-reads and video
II Horn, John. Harvard Business
Review. Dec2007, Vol. 85 Issue 12, p92-
Anchoring 99. 8p. 2 Color Photographs, 2
Illustrations, 1 Chart. , Database: Short scenario based quiz to test
Fixed-Pie Myth
Business Source Premier understanding of cognitive
Overconfidence biases
Video: Tom
9 Escalation of Sawyerhttps://www.youtube.com/watch? Assigning of topics for end-term
Commitment v=pAHXwLRI88Q&t=87s reports + presentations and
In both the 8th and declaring of submission date for
the 9th session, reports
students will
discuss the effect
of cognitive
biases and
solutions to
overcome these.
Context and Bargaining in the Shadow of the Tribe by Class presentations based on
10 Environment in John H. Wade sourced from Roy J. the pre-read and the case
Negotiations Lewicki, R. J. Saunders D., Minton, J.
(2000) Negotiation: Readings, Exercises
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Students will seek and Cases, 3rd edition, New York,
to identify the McGraw-Hill International Editions,
various pp.228-238.
constituencies and
stakeholders who Case: The Humane Society and Seaworld:
would influence Orca Obstacle
and be in turn
influenced by
negotiations
between two
parties
https://www.youtube.com/watch?v=
GOfql6Uj7C8
Case: Multi-mode
Simulations with pairs
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Negotiation be divulged in class)
Process
• Thompson’s
Pyramid
Model
• The
Categorization
Method
Students will be
encouraged to
understand the
tension between
claiming value and
creating value.
Ethics in Sharks, Saints and Samurai: Power of Class discussion with the guest
Negotiations Ethics in Negotiations by Mark Young lecturer
16 Young, Mark. Negotiation
Guest lecture (to Journal. Apr2008, Vol. 24 Issue 2, p145-
be decided) 155. 11p. DOI: 10.1111/j.1571-
9979.2008.00174.x. , Database: Business
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Source Premier
Marks: 30
17
Feedback will be sent
asynchronously or in an online
discussion session
18 Group None Group presentations based on
Presentations reports submitted earlier on
assigned topics
Presentation: 10 marks
Reading
List and Text book : None as soft copies/scanned copies of readings will be sent to students
References
Instruction for Use of Intellectual Property of NMIMS SBM (By Order, NMIMS SBM)
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Disclaimer
While care has been taken in compiling this Course outline, The School of Business Management
of SVKM’s NMIMS University shall not be held liable in any manner to any person for any mistake
and / or omission in the contents of the Course outline.
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