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MIMT 5210: Managing Global Complexity Session 1: Negotiation Fundamental
MIMT 5210: Managing Global Complexity Session 1: Negotiation Fundamental
Session 1:
Negotiation Fundamental
Melody M. Chao
Spring 2023
Session 1’s focus
Course information
Introduction
Negotiation basics
Simulation exercise
Yerba Mate
Concluding thoughts
Course Information
Course meetings
Schedule (Tuesdays: 0930-1250HKT)
February 7, 14, 21, 28
March 7, 14, 21, 28
IMPORTANT:
To help with course planning, inform us ahead of
time if you were unable to attend a given session
Course Information
Components
Class Exercises (e.g., simulation & case planning) 30%
Class Discussion/Participation 15%
Final Exam 30%
Learning Reflection 25%
Total 100%
Session 1’s focus
Course information
Introduction
Negotiation basics
Simulation exercise
Yerba Mate
Concluding thoughts
The most important person to know…?
Becky Tsui
Instructional Assistant
LSK Room 5018
3469 2239
mnbecky@ust.hk
The Roadmap
Negotiation Culture & Dispute
basics negotiation resolution
Government
at the table
About the course…
What is it not about?
Compare and contrast different cultural
groups (the traditional approach)
Present a “best practice” for each culture
Adopted from
Ury, W. (1991). Getting pass no: Negotiating in difficult situations.
Brienza, Kung, & Chao (2021). Wise reasoning, intergroup positivity, and
attitude polarization across contexts.
Mindset…
3) Think about “thinking”…
Uncertainty
Intellectual and Change
Humility Incomplete
Your knowledge is information
limited! about situations
Realize what you Situations and
don’t know perspectives
can change
What is
involved?
Multiple Integrating
Perspectives Perspectives
Other person or Synthesize &
groups information; be
Bigger picture, aware of their
bird view contradiction
Adopted from
Brienza, Kung, & Chao (2021). Wise reasoning, intergroup positivity, and attitude polarization across contexts.
Mindset…
“Save my brain
power. I don’t want
to think if I don’t
have to.”
What are involved in this class?
Class discussion/participation
Raise hand / just speak up
Note down ideas / thoughts
Learn through reflection & discussion
Negotiation simulation
Breakout sessions (one-on-one; or team
negotiation)
Planning document (submit after completing
each simulation, before class ends)
Contract (submit after completing each
simulation; before class ends)
Note: Completion time varies
What are involved in this class?
Outside of class time
Readings / notes
Simulation planning & preparation
During class
Discussion participation
Simulation / class exercises
End of semester
Reflection paper
Examination
Textbook
(available online; refer to Canvas announcement)
Primary:
Brett, J. M. (2014). Negotiating Globally: How to
Negotiate Deals, Resolve Disputes, and Make
Decisions. San Francisco, CA: Jossey-Bass, John Wiley
& Sons, Inc.
Additional reference:
Gehrke, B., & Claes, M. (2014). Global Leadership
Practices. A cross cultural management perspective.
New York: Palgrave MacMillan.
What is this course about?
Focus
Resolving disputes & social dilemmas; touches briefly on
deal making.
Why? Any personal experiences (as leader, as
peer, as subordinates, etc.)?
How do you resolve conflicts / disputes?
Practice & train our negotiation skills in a safe setting…
get us prepared…
Learn to negotiation & also learn to walk out
How do you feel about negotiation?
Negotiated out of a job?…
19 What would you do?
What are the ‘ways / processes’ we can use
to resolve dispute?