Module BUSI48K15: NEGOTIATION MANAGEMENT (FT)

Department: Management and Marketing

BUSI48K15: NEGOTIATION MANAGEMENT (FT)

Prerequisites

• None.

Corequisites

• None.

Excluded Combination of Modules

• None.

Aims

• To provide students with an iterative methodology and process for effective negotiation, conflict reduction, compromise development and co-operation strategies.

Content

• Assessment strategies for own negotiation situation
• Strategies for learning about the negotiating partner
• The role of context and power
• Selecting a negotiation strategy
• Realizing the negotiation strategy
• Reacting in the negation process: alternative strategies
• Tools and methodologies for conflict reduction
• Escalation mechanisms and the involvement of third parties
• Opportunities and threats in the negotiation process

Learning Outcomes

• Upon successful completion of the module, the students will:
• have an advanced knowledge and critical awareness of different negotiation strategies and their potential impact in the negotiation process.
• have a critical awareness of strategic leadership skills for negotiation management.

• Upon successful completion of the module, the students will:
• be able to understand and critically assess different parties' roles in a specific negotiation situation including soft and hard factors.
• be able to flexibly create innovative alternatives in problematic situations.
• be able to critically appreciate and evaluate the role of third parties in the negotiation process.

• Written communication; planning, organising and time management; problem solving and analysis; using initiative; computer literacy.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

• Learning outcomes will be met through a combination of lectures, group work, case studies and discussions including role play, supported by guided reading.
• The assessment of the module by written assignment is designed to:
• test the acquisition and articulation of knowledge and critical understanding;
• test skills of application and interpretation.

Teaching Methods and Learning Hours

Summative Assessment

Formative Assessment:

Students will receive feedback on their contributions to class and group discussions.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University