Saturday, January 19, 2019
Negotiating in China
What a coincidence that I was scarcely learning negotiation in mainland China, but I failed in a real negotiation just now on the point our professor asked me and my team member to work on. Its irons and The eight elements of Negotiation in China ar (personal connections), (intermediary), status), Baffin&1043(interpersonal harmony), (holistic thinking), if+(face), and relentlessness) I and another(prenominal)(prenominal) classmate were assigned with the task of making institution on handcuffs and relentlessness(chick nail).By reading the materials given, We need to understanding this element and know how it is working in Chinese negotiation, then according to this understanding, finding out the riddles in another case,which is, how that general manager(American person) accept into trouble in Negotiating with her Chinese counterpart. I Just read the materials and then my Job task distracted me from finishing my nurture assignment. There is a tender project fox+Y Million, and its split up into two parts, X + Y million separately.I was the main negotiator for the sub-project of X. We are called by the buyer to go to the negotiation Just one shadow before, in otherworld, they leave us no time to prepare thoroughly. cadence day, early in the morning, we started from the Hamilton one, after 3 hours intensive bargain on terms, they are still having big gap in their expectations, whats much, each company was still at their original position, with very shuttle move. whence we do a pause and went for lunch.After lunch, they again avian big differences in expectation. Then they made a pause again, and come to our part- the X part. Seeing that it was such(prenominal) a difficult negotiation for them, we wanted to do it faster and be more direct and efficient. Therefore, we made concessions on their demands much quicker. Then the problem came, due to this quick concession, we lost our position, and we were pushed again and again, and our price got lower and lower, until we run to a common result, a much lower selling price than we expectedThen they came back again to Y part, another snipe of slow and difficult negotiation, each party standing on their cause position. Finally both made concessions and got to a final result. Remembering how they were negotiating, doing the presentation on Chinese negotiation today, especially on the chick nail( chains and relentlessness) part. I suddenly understand what I missed. I was trying to get it more direct and efficient. Found out the result was not as expected. In many cases, people need to be prepared with more durance and
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