negotiate

(verb)

To arrange or settle something by mutual agreement.

Examples of negotiate in the following topics:

  • Overview of Negotiating Strategies

    • There are multiple negotiation styles and negotiation strategies which can be combined to yield different strategies.
    • Negotiation strategies and tactics, as discussed in prior atoms, tend to revolve around distributive negotiation (hard-bargaining and haggling) and integrative negotiation (value-added negotiation).
    • It is useful to understand the basic components of negotiation, the five negotiating styles, the three types of negotiation, and the way in which emotion affect the negotiation process.
    • The behavior of the negotiators is guided by the relationships and communication styles, and substance of the negotiations is guided by the actual commodity, service, or agenda in question.
    • 'My final offer' is an example of this type of negotiation.
  • Collective Bargaining

    • Collective bargaining is negotiation between unions and employers to come to an agreement on the conditions of employment.
    • The collective agreements reached by these negotiations attempt to establish:
    • Individual negotiation is prohibited.
    • The union may negotiate a specific agreement with a single employer, or it may negotiate with a group of businesses to reach an industry-wide agreement.
    • Outline the conditions and negotiation process between groups of employees (unions) and employers in the human resource frame
  • Introduction to Influence and Negotiation

    • Influence and negotiation are a central communicative component of management, potentially creating value or sales for the company.
    • However, negotiation usually falls under one of two loose strategies: distributive negotiation and integrative negotiation.
    • Integrative negotiation is more principle and based on the mutual recognition of the objectives for each party.
    • The negotiation is a shared concern as opposed to two separate concerns combating one another.
    • Recognize the inputs in negotiating and influence in the business world and extend these concepts into the global framework.
  • The Role of the Manager in an Evolving Organization

    • Managers play a number of roles in evolving organizations, including leader, negotiator, figurehead, liaison, and communicator.
    • In these situations, organizations need a manager who can fulfill several roles, including leader, negotiator, figurehead, and communicator.
    • A negotiator is similar to a leader.
    • When organizations are developing or undergoing change, the manager is often required to negotiate clearly and steadfastly with competitors, contractors, suppliers, and employees.
    • A manager needs to be able to negotiate with all of these parties in a way that effectively serves the best interests of the organization.
  • Unions

    • Just as individual employees negotiate with human resources, so too do groups of employees.
    • The labor union, through its leadership, bargains with the employer on behalf of union members and negotiates labor contracts (collective bargaining) with employers.
    • The most common purpose of unions is to defend conditions of employment that benefit their members or negotiate for better conditions.
    • This may include negotiating the terms of the following:
    • The agreements negotiated by the union leaders are binding on the union members and the employer, as well as, in some cases, non-member workers.
  • Cooperative Strategy

    • Cooperative sourcing is a collaboration or negotiation between different companies with similar business processes.
    • Since all of the negotiating parties can be outsourcers or insourcers, the main challenge in this collaboration is to find a stable coalition and the company with the best production function.
    • High switching costs, costs for searching potential cooperative sourcers, and negotiating may result in inefficient solutions.
    • Contract negotiation involves determining whether all parties have realistic objectives; forming high-caliber negotiating teams; defining each partner's contributions and rewards as well as protecting any proprietary information; addressing termination clauses and penalties for poor performance; and highlighting the degree to which arbitration procedures are clearly stated and understood.
  • Mintzberg's Management Roles

  • Decision-Making Styles

    • Negotiation: The leader explains the situation to the group or individual and provides the relevant information.
    • Together they attempt to reconcile differences and negotiate a solution that is acceptable to all parties.
  • Team Roles

    • These roles can require negotiation skills, keen perception about human behavior, and good listening abilities.
  • Virtual Teams

    • When virtual teams cross national boundaries, differences in language and culture require the ability to negotiate barriers to communication and collaboration.
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