Procurement Negotiation
This course will teach you the necessary negotiation skills to be successful. We will be covering the overall negotiation process, how to establish objectives (e.g.Most Desirable Option (MDO), Least Acceptable Alternative (LAA), Best Alternative To a Negotiated Agreement (BATNA)), what type and how to gather facts and collect information, the importance of developing a plan, learn your negotiation style, how to use, recognize and counter various tactics, understand the difference between positions vs. interest and need and wants, and lastly what you need to do after the negotiation is complete.
This course will be supported by video, readings, a personal style survey, a podcast, and a required “mock” negotiation with a Peer group assessment.
Learn when you should and should not negotiate
Learn the importance of planning and useful tools to improve your success: e.g. Setting Specific Objectives, MDOs, LAAs, and BANTA
Be able to recognize positions & interests, wants & needs, tactics and how to give concessions
What are the key steps to follow after the negotiation is complete
Syllabus
Syllabus - What you will learn from this course
Week 1
Welcome & Negotiation Process
Week 2
Develop a Plan
Week 3
In The Negotiation
Week 4
Post Negotiation
FAQ
When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.
Reviews
an excellent course on negotiations for procurement and sourcing professionals......
Procurement Negotiation was excellent program. Program having very good depth. I have gone through the video 3 times and read the materials due to depth knowledge. Thanks for the program.
Excellent Course, it reminds you of what important it is to develop a Negotiation Strategy plan before sitting in the negotiation table.
Very informative regarding Negotiation practice. Hope to apply what I learned in the course in the future
