Tuesday, May 12, 2020

Negotiation-Real World Reflection - 1257 Words

â€Å"Real world† negotiation reflection Introduction As the senior manager, I finish the annual performance evaluation of my team members in January. After finishing evaluation I will hold interviews with them, talk about their efforts and the plans for this year. Lilly is one of my team members with a better knowledge of the logistics industry. Based on her performance in 2012, her annual performance is rated B+ and she can get 8% increase in year-end bonuses. In addition, I plan to promote her as a team leader responsible for the logistics software products promotion in the northern market. Since our company’s business development in 2013 will increase the input in the northern market, I expect the annual sales income in 2013 will†¦show more content†¦Talked about the things the company measures for her position; her contribution to revenue or costs. Based on her performance in 2012, her annual performance is rated B+ and she can get 8% increase in her year-end bonuses. Then, I went to the promotion issue. I analyzed the marketing strategy of our company; the northern market should be one of the most important markets in 2013. Therefore, I need to promote a team leader who can manage the consultant team for northern market. Based on her excellent consultant skill and knowledge of the logistics industry, she is the best man for this position. Lilly showed her satisfaction with the result of annual performance evaluation and was pleased with the chance to be a team leader. But she said she wanted to change to sales department in order to have more time to take care of her family. Since I know that it could not easy to get more time if being a sales manager, I didn’t consider it as the real reason for her shift. Through conversation, I learned that the real reason was her personal annual income was less than Han, which made her feel uncomfortable. I thought I should focus on the income first. Firstly, shifting to sales department was not a good choice since the income will decrease. Continue working as the consultant with expected 5-8% annual income increase. Secondly, I explained that she and Han held different position, their income can’t be compared. Although I cannot tell the specificShow MoreRelatedEssay about Virtual Situated Learning Environment (VSLE)1217 Words   |  5 Pagesthat virtual situated learning environments (VSLE), designed as authentic learning experiences, can provide managers with broader learning In keeping with the need to develop greater reflective practice in managers, the of practice, of their own reflections as designers of the VSLE as well as of managers Management educational has been traditionally structured around a 3-4 hourly weekly managers who often arrive for a weekly 3-hour class after a hectic stressful day or week, or requires them to loseRead MoreBecoming a Better Negotiator Essay1654 Words   |  7 PagesNegotiator Eric Mayka (MGT-470)- Conflict Management and Negotiation Colorado State University – Global Campus Shelly Baker January 5, 2013 â€Æ' Becoming a Better Negotiator Over the past 8 weeks there has been a lot that I have learned about myself as a person with inner reflection in my negotiation style. Negotiation is a skill that I thought people have to be born with. Although people can be born better suited with negotiation skills; the skill is also a craft that can be taught and learnedRead MoreThe Parking Space At Magnolia Medical Center903 Words   |  4 Pagespractice the material of the course in the class. I think the groups started to feel in a strong and competitive way as the negation became complex between groups and may be there had solution that was chosen by them to be the best reprehensive of negotiation. 3. Empathy : Somehow, what made me very easy to the person that tried to change my mind to pay $30 even I had change was that he told me an story that happened with him for the same satiation as me in his college parking that he and I should registerRead MoreThe Success Of Nike And Adidas1216 Words   |  5 Pagesrelease, I was able to actually put my negotiating skills to the test (in hopes of receiving the best possible selling price). The quest for a negotiation began with the acquisition of the Adidas NMD_R1. This particular pair of shoes (with a retail price of $170), like many others, were extremely limited and sold out almost instantly. Preparation for this negotiation required a good amount of research, in hopes of establishing a strong BATNA and reservation price. My original BATNA was keeping the shoesRead MoreEssay on Harborco Analysis1181 Words   |  5 Pagesand how I wish to gain everyones support. I focused on the least powerful groups at first, awarding them small victories in order to gain support. With a small group of allies in my corner, I began negotiation with Daniel Kim who represented the FED. I knew this was the most important negotiation for Harborco and tried to smoothly approach the subject. I explained first the importance of the money needed and how it will signify great returns for the area where the plant will be built. I discussedRead MoreHarborco Analysis1205 Words   |  5 Pagesproject and how I wish to gain everyones support. I focused on the least powerful groups at first, awarding them small victories in order to gain support. With a small group of allies in my corner, I began negotiation with Daniel Kim who represented the FED. I knew this was the most important negotiation for Harborco and tried to smoothly approach the subject. I explained first the importance of the money needed and how it will signify great returns for the area where the plant will be built. I discussedRead MoreCritical Thinking Is An Important Asset Of Individuals1384 Words   |  6 Pagesscenarios with four artifacts. The first artifact is a paper completed for the BSAD 415 Negotiation and Conflict Resolution course. For this assignment, the class was divided into three teams, the Concerned Community Coalition, Hospital Board Administrator and the Mediators. After reading about a very complex negotiation that took place in a town called Elmwood, we were instructed to simulate the negotiation and write a paper to analysis the simulation outcomes, explain the different aspects andRead MoreGroup Dynamics And Work Teams1394 Words   |  6 Pagesissues. Norming fosters collaboration and commitment from members’ shared expectations about group norms. Performing focuses on achieving team goals and being productive while increasing cohesion and mutual support. Adjourning is the stage of reflection and celebration of achievements. There is never a group that possess the same qualities due to diversity, however, even when the team members are the same, the project is not the same. In return t he members will behave differently. Stages areRead MoreTexoil Negotiation Exercise Essay1681 Words   |  7 PagesReflection Paper - Texoil For the Texoil negotiation, I was in the role of the Service Station Owner. As such, my main objective was to sell the station and get the best possible agreement. My BATNA was $400,000, which represented an offer from British Petroleum and my resistance point was $413,000 after tax, which represented the cost of my trip. My target was $488,000, which included an additional $75,000 to help tie me over until I found a job upon my return. This resistance point representsRead MoreManagment 5301062 Words   |  5 Pages |Weekly Journal Reflection |* (70 points total for the term) | |2 |Workplace emotions, attitudes stress; Employee |Forums Interaction |50 | | |motivation; Applied performance practices |Part 1 of Project |50 | | |Ch.4, 5, 6 |Weekly Journal Reflection |*

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.