Negotiations, complex negotiation, stakeholders, business, BtoB Business-to-Business, salary negotiation, communication, stakeholder management
Complex negotiation is a dynamic and delicate process of communication and interaction between two or more parties, aimed at reaching a mutually satisfactory agreement, while managing situations characterized by divergent interests, strong emotions, high stakes, and interpersonal relationships at stake. It is frequently found in the world of business, diplomacy, law, international relations, and in many other spheres of professional and personal life.
[...] Axis Delivery times What are the ideal delivery times for you when it comes to medical supplies? How does our current delivery performance compare to your expectations? Do you have specific delivery requirements in case of emergency situations? How could we improve our delivery service to meet your needs? Axis Duration of the contract What is your preference for the duration of the contract? How do you assess the benefits of a long-term contract compared to a shorter contract? What are your concerns regarding long-term loyalty to a supplier? [...]
[...] What could your reserve price (or limit) be (explain) on the main subjects you are to negotiate? What would your main attitude be in this negotiation and why? Proposed correction There can be no real correction in terms of strategy. The coherence of the strategy in relation to the analysis of the situation is in fact the only truly evaluable criterion. No one can say whether a strategy is the right or best possible one since it is not possible to test all potential strategies. [...]
[...] Transparency, collaboration and flexibility are essential to successfully managing a complex negotiation with diverse stakeholders. Case study: Negotiation of a contract for the supply of medical equipment Negotiation framework: Context: Your company, "MediSanté," specializing in the distribution of medical equipment, is negotiating a new equipment supply contract with a major hospital, "Horizon Hospital." The current contract is expiring, and both parties are seeking to renew the agreement for the next five years. Your function: You are the sales director of the MediSanté company, responsible for negotiating the terms of the contract. [...]
[...] How do you assess the current costs of medical supplies and their impact on the hospital budget? What savings opportunities are you looking for in this contract? Can you tell us about the budgetary constraints you face? Axis Quality and reliability What are your concerns about the quality of medical supplies? How do you rate the reliability of our products compared to other suppliers? What are the non-negotiable quality criteria you look for in medical supplies? Do you have any examples of situations where quality has been an issue in the past? [...]
[...] Feature: Commitment to on-time delivery Benefit: Reduced operational interruptions Proof: Our on-time delivery rate is minimizing disruption for our customers. Feature: Advanced reporting for proactive inventory management Advantage: Better visibility on stock levels Proof: We provide advanced reporting software that has helped other customers reduce excess inventory by 15%. Responsible for quality: Feature: Quality control at every stage of production Advantage: High quality and compliant products Proof: Our quality control processes reduce defect rates by 90%. Feature: ISO certification and compliance with standards Advantage: Compliance with quality standards Proof: We are ISO 9001 certified and meet the strictest medical standards. [...]
APA Style reference
For your bibliographyOnline reading
with our online readerContent validated
by our reading committee