Summary
This chapter attempting that Strategy and Planning how is a critically important activity in Negotiation. Effective planning allows negotiators to design a road map that will guide them to agreement. While this map may frequently need to be modified and updated as discussions with the other side proceed, and as the world around the negotiation changes, working from the map is far more effective than attempting to work without it. A negotiator who carefully plans will make an effort to do the following:
1. Understand the key issues that must be resolved in the upcoming negotiation.
2. Assemble all the issues together and understand the complexity of bargaining mix.
3. Understand and define the key interests at stake that underlie the issues.
4. Define and limits-points where we will walk away-and alternatives-other deals we could do if this deal does not work out.
5. Clarify the targets to be achieved and the opening points-where well begin the discussion.
6. Understand my constituents and what they expect of me.
7. Understand the other party in the negotiation-the goals, issues, strategies, interests, limits, alternatives, targets, openings, and authority.
8. Plan the process by which I will present and “sell” my ideas to other party (and perhaps to my own constituency).
9. Define the important points of protocol in the process-the agenda, who will be at the table or observing the negotiation, where and when we will negotiate, and so on.
When negotiators are able to consider and evaluate each of these factors, they will know what and will have a clear sense of direction on how to proceed. This sense of direction, and the confidence derived from it, is a very important factor in affecting negotiating outcomes.
