Day 1 – 25 May 2009
  • Explanatory framework for negotiation. Including a mini introductory case discussion.
  • Introduction to decision-making and how to counter one's natural biases to avoid traps. An interactive teaching session.
  • Decision-making exercise: The Gas Station Game. A prisoners' dilemma game
  • Simulation/role play: Carter Racing. Team decisionmaking
  • Persuasion and Influence: An interactive teaching session on research-based principles of persuasion and influence.
  • Summit Oil: Participants will form into groups and prepare and present a persuasive case to a corporate committee, drawing on lessons learned during the afternoon
 
 

Day 2 - 26 May 2009

  • Key principles of negotiation – an interactive teaching session, dealing with principles-based negotiation, integrative and distributive agreements, no-deal options, sequencing etc.
  • Simulation role-play: Ningia's Budget. Two-person multi-issue negotiation, exploring the interests of both sides.
  • Selling the Gables: Case discussion of a real estate sale, exploring issues of uncertainty and mistrust in negotiations.
  • Simulation role-play The Multibrands - Canmart Negotiation: Two person intercultural negotiation, introducing some unexpected dilemmas.
  • Interactive teaching session on the high cost of low trust, and introducing ethics in negotiation.
  • Setting-up and commencing a negotiation -- avoiding costly information gaps.
  • Seeking to create value, effective execution of negotiating strategies, and closing on a deal that will work.
  • Simulation multi-party negotiation role-play: The Commodity Purchase. Illustrates many of the concepts taught in the programme.
  • Concluding recap of lessons learned.
 
LexisNexis is entitled to change the agenda without prior notice

 

For full information on the event program, please click here

 
 
 
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neha.narang@LexisNexis.com