Question: This assignment is designed to assess your ability to prepare for a negotiation comprehensively, incorporating the principles and techniques discussed in the lecture on Break
This assignment is designed to assess your ability to prepare for a negotiation comprehensively,
incorporating the principles and techniques discussed in the lecture on "Breakthrough
Negotiation" and "Getting Past No You will be given a sample negotiation scenario and must
prepare a detailed negotiation plan. This plan should cover all necessary preparation steps,
skills, and creative techniques to achieve a successful outcome.
Assignment Weight: of the course grade
Objectives:
Demonstrate understanding of negotiation principles and techniques.
Apply creative problemsolving skills to prepare for a negotiation.
Show the ability to identify interests behind positions and develop a strategy to address
them.
Exhibit proficiency in planning for BATNA and developing options for mutual gain.
Scenario: The Tech Startup:
You are the founder of an emerging tech startup focused on developing innovative health and
fitness apps. Your startup is gaining traction due to a unique app that uses AI algorithms to
personalize workout and nutrition plans. You are looking to hire a toptier software developer
specializing in AI and machine learning to enhance your app's capabilities further and introduce
new features.
Background Information:
Location: Your startup is based in a vibrant tech hub city known for its innovative
community and access to tech talent.
Growth Stage: The startup has secured initial funding from angel investors and has a
growing user base. The next round of funding is contingent upon significant app
enhancements and user growth.
Company Culture: The startup prides itself on a collaborative, flexible, and dynamic
work environment, offering team members opportunities for growth and creative
freedom.
The Software Developer:
The software developer you are targeting is highly sought after due to their expertise in AI and
machine learning and strong track record in developing successful health and fitness
applications. They are currently freelancing and have multiple offers from other tech companies.
Background Information:
Expertise: Specializes in AI machine learning, and mobile app development with a
portfolio of successful projects in the health and fitness domain.
Motivations: Look for innovative projects that have the potential for significant impact
and offer opportunities for personal and professional growth.
Preferences: Values flexibility, a collaborative work environment, and the opportunity to
work on projects that align with their interests in health and fitness.
Assignment Tasks:
Background Research:
Conduct background research on the software development market, specifically
in the area of educational and gamified learning software. Understand the
standard contracting terms, rates, and expectations.
Interest Identification:
Identify your startup's underlying interests in hiring Alex and what you believe
Alex's interests might be in choosing a project or company to work with.
BATNA Development:
Clearly articulate your Best Alternative to a Negotiated Agreement BATNA
Also, make an educated guess about Alex's BATNA.
Creative Solutions:
Develop a list of creative solutions or perks that could make your offer more
attractive to Alex without significantly increasing costs. Consider nonmonetary
benefits that align with the interests identified.
Negotiation Strategy:
Outline a negotiation strategy, including how you will open the negotiation,
present your offer, respond to possible objections from Alex, and steer the
negotiation towards a mutually beneficial agreement.
Potential Obstacles:
Anticipate potential obstacles in the negotiation and how you plan to address or
overcome them using the principles from the lecture.
Communication Plan:
Draft a communication plan for the negotiation, emphasizing how you will build
rapport, listen actively, and ensure clear and constructive dialogue.
Submission Guidelines:
Your assignment should be between to words.
Include a title page with your name, student ID course name, and assignment title.
Use headings and subheadings to organize your document.
Cite any external sources used in your preparation, including textbooks, articles, and
online resources.
Evaluation Criteria:
Depth of background research and understanding of the market.
Clarity and realism in identifying interests and developing BATNA.
Creativity in proposing solutions and perks.
Coherence and persuasiveness of the negotiation strategy.
Anticipation and planning for potential obstacles.
Quality of writing, organization, and adherence to submission guidelines.
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