How did your group make the decisions? What problems did you encounter in the process? Did your group make decisions in a different way than the whole class did? Why? What kind of information system do you need to design to support such a process of negotiation? Provide a simple hardware/software configuration.
1. Our group made decisions by sharing our value information through email and then analyzing the information via excel to come up with a decision that is relatively good for everybody involved.
2. I found that in the process of a negotiation, people with different objectives must compromise to reach a solution that all parties involved agrees to. Often sacrifices need to be made by the individuals, some greater than the others, in order to reach a decision. Another problem is that often when parties negotiate, they may not trust each other because they are not entirely clear of the others' objectives.
3. I believe that we our decision-making process was similar in fashion to those of the rest of the class because we do not require or have access to many resources to help us make this negotiation process easier. However, since this is a simple negotiation experiment, we do not need special software to aid us in this process.
4. For a complex negotiation involving many companies, a more organized approach should be used. An internet based application can be used to help people negotiate and reach a decision. One example of such a software is smartsettle.com. Smartsettle.com is a secure web platform that allows companies and individuals to analyze their preferences, negotiate, and reach a decision in real-time. This service makes the negotiation process quicker and easier.
Links:
http://mediationblog.blogspot.com/2006/10/high-resolution-new-negotiation.html
http://www.smartsettle.com/html/advantages.html
1. Our group made decisions by sharing our value information through email and then analyzing the information via excel to come up with a decision that is relatively good for everybody involved.
2. I found that in the process of a negotiation, people with different objectives must compromise to reach a solution that all parties involved agrees to. Often sacrifices need to be made by the individuals, some greater than the others, in order to reach a decision. Another problem is that often when parties negotiate, they may not trust each other because they are not entirely clear of the others' objectives.
3. I believe that we our decision-making process was similar in fashion to those of the rest of the class because we do not require or have access to many resources to help us make this negotiation process easier. However, since this is a simple negotiation experiment, we do not need special software to aid us in this process.
4. For a complex negotiation involving many companies, a more organized approach should be used. An internet based application can be used to help people negotiate and reach a decision. One example of such a software is smartsettle.com. Smartsettle.com is a secure web platform that allows companies and individuals to analyze their preferences, negotiate, and reach a decision in real-time. This service makes the negotiation process quicker and easier.
Links:
http://mediationblog.blogspot.com/2006/10/high-resolution-new-negotiation.html
http://www.smartsettle.com/html/advantages.html
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