Management question.
Purpose
The purpose of this Assignments is to allow you to investigate an issue recently negotiated in the real-world and explain the elements of the negotiations process.
Directions
Select an issue that has recently been negotiated in an area of interest to you. There are a number of potential options for your assignment; you can choose something within your area of study in sports, entertainment, event management, hospitality, travel or any negotiation case that is of interest to you. I suggest you look for something that has two clearly defined sides.
Topic I choose is Sea World vs. OSHA
Part 1: Introduction
-
Summarize your negotiation topic and the reasons as to why you chose this negotiation.
-
Explain the history between the sides in the negotiation you selected.
-
Identify when and where the negotiations began.
-
Identify the chief negotiators (by name) on each side and state their positions.
-
Explain why they need to negotiate and describe what is at stake as an outcome.
Part 2: Issues/Power
-
Describe the main issues/barriers that separate each side.
-
Explain what is at stake in this negotiation and how it affects the balance of power.
-
Identify and describe which side has the most relative bargaining power and why.
-
Explain what the other side can do to increase its power.
-
Assess the outside influences prevalent in the negotiation (such as time, media coverage, financial implications, clients, employees, etc.) and describe the impact each has on the negotiation process.
Part 3: Strategy and Tactics
-
Strategy: Describe in detail the strategy each side is using to achieve their desired outcome.
-
Tactics: Describe and evaluate three specific tactics each side is using to advance their strategy.
-
Critique how the strategy and tactics each side is using is affecting their position.
-
Describe the strategy and tactics you would use to achieve your desired outcome in the same negotiation.
-
Explain how the negotiation contains elements of both cooperation and competition. Provide insight and examples from your research.
-
Hint: Be specific and detailed. Use strategies and tactics studied in earlier weeks.
-
Part 4: Reflection
-
Analyze the negotiation process and explain the final outcome and the impact and/or effect it will have.
-
Discuss your opinion of the negotiation supporting your opinion with detailed examples.
-
Explain in detail what you learned from your research of this case and how it will benefit you in the future.
SAMPLE ASSIGNMENT