Monday, October 22, 2007

Negotiation #9 The Mouse

Nicky- SAN

Trying to organize the Mayors to discuss prior to Big Meetign with all.
So far, not happening.

Did manage to get the Mayors together. The main issue that came up was sharing their part of the profit, and of course all wanted their cut. The small towns wanted their money and they didn't want the big towns to get the larger cut.

Negotiation #8 World Bank Game

This was the best negotiation so far. I enjoyed this card game of armed and unarmed. Dawn was my team mate and at first the directions were a bit unclear, but it became less confusing as we actually played the game out.

Each team, me and Dawn, opposite team- Scott, Amy and Laura Ellen , are given 20 cards, turning 10 face up(armed) and 10 down (unarmed).

Our teams are divided by folded, standed up, manila folders, so each team cannot see the other members cards, or hands. The only thing they can see is our poker faces..

Each round consists of 7 moves, I cannot remember how many rounds we had in the course of that night.

In each round, each team had the choice to turn 3 times, either armed or unarmed, with the choice to "attack" the other team. The other team has to decide to do the same.

At a break time, me and Scott, stepped outside to discuss his proposal to negotiate, a trust factor, of breaking bank, instead of each other. At first I went with this, until discussing with my team mate, Dawn. We both decided it could be a bluff for them to win, and went with attacking until we had none. Later we find out they were not bluffing, and had another tactic for a win win situation for both teams.

I learned that trust was a factor in this negotiation. I apply this to the real world negotiating. I don't want to do business and negotiate my money with people I don't trust.

The game was fun, and in addition we recieved some coins for our earned negotiations. Which was very unexpected!

All in all , this was the funnest negotiation so far.

Negotiation #7 Fishpond Lane

Laura Ellen and I are the buyers of 67 Fishpond Lane. Laura Ellen met with the Sellers, Scott and Amy, while Dawn was acted as a "fly" on wall. The buyers offered up a price of $350,000 , their first asking price. Laura Ellen asked if the house came with a warranty, which the owners were willing to buy that for us. The owners did a good job of making the house seem irrisistable!

We wrapped up this negotiation in person very quickly as opposed to the group chat.In person a deal can be so much easier, due to reading body language and more of a force to avoid procrastination.

We all met and the negotiation from there went pretty quick. The price was set and boom that was it.

I am glad it went quick, because I could see it would have taken several more calls and emails to wrap up the deal by email or group chat.

Negotiation #6- Dirty Stuff

My role as The Agency in Dirty Stuff was unclear to me. My one request is that we could go over the roles with the Dr. Strange, before we start the negotiations, as some of the roles can be a bit confusing to me, as I do not have a business background. I think having some more knowledge of my role, will help equip me better. These negotiations are great learning tools and I am learning alot from you guys!

This negotiation was interesting to watch the group dynamics in action. I was most impressed with all my classmates, as they really got into all their roles. Laura Ellen, especially, had great negotiation skills, as she interacted with Scott. She kept the level of communication open with all members, asking questions, opinions, and working to come to an agreement, especially with Scott. Laura Ellen worked hard to defend the employees rights, if their was a shutdown, the cleanup method procedures and policies. Her biggest challenge, it appears to me, was trying to get Dirty Stuff to comply with her expectations of the employees rights.

Scott felt backed in a corner, from my observation, as he defended his factory. I really kept pushing the fact, that we could or would close the plant down. This really got him upset, and that was not my goal, only to try to figure out a way of getting him to accept the reality.

Amy's role of advocate for the enviroment was well played out. She was very adamant about pushing her strong concerns that Dirty Stuff would have on the environment. I wanted her to know as The Agency, that we would fully back her up, and we would closely be involved in the evaluation and monitoring at each site.

I feel one of my biggest challenges was understanding some of the business terminology in this negotiation. Another challenge, compiled ontop of that, was not knowing really what each person's objective or motive was behind their role. Another factor, is it is hard for me to act out the role, when I don't understand it.