Ethics and Trust in Negotiation

A discussion on the role of ethics and trust in business negotiations.

Ryan Scott
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Surname1Ethics and Trust in NegotiationImagine you are in a negotiation process with a coworker. The issue under discussion is how best toallocate resources over the next quarter. Your counterpart is aggressively pressing to assign a particularemployee to animportant project in his development group during the second half of the year. However,you know this employee is going to be out on medical leave for four months in the second half. You hadbeen wondering how to deal with the lost man hours (this employee is very experienced and not easilyreplaced). This presents an opportunity to push the problem off to another group and bargain for otherresources to man your projects.1. What ethical values should you use in this negotiation? How did you decide?2. How would you determine whether the negotiation is conducted with substantive fairness?3. What concealment behaviors would be ethical and unethical in this negotiation?4. Are you employing fair procedures in this case?Ethics and Trust in NegotiationNegotiation is a system by which individuals settle contrasts. It is a procedure by whichbargain or understanding is come to while dodging contention and question(Burr55). In anycontradiction, people justifiably intend to accomplish the best conceivable result for theirposition (or maybe an association they speak to). In any case, the standards of reasonableness,looking for common advantage and keeping up a relationship are the keys to a fruitful result.Question 1: Ethical Values to use in NegotiationEthics isan arrangement of good standards or qualities; the tenets or principlesrepresenting the behavior of the individuals from a calling; acknowledged standards of right oroff-base." Ethics set up the method for doing what needs to be done, reasonable and legit

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Surname2Ethics, moral conduct, and assuming individual liability for decisions conveyconsiderably more significance in today's business world(Burr56).In caseI might want toimpart to you a couple of reflections on morals to help us keep up that exclusive requirement ofthought, conduct and arrangement styles.The following ethics are important in any negotiation,Be fair. In an arrangement, at whatever point you are moral and genuine despitethe fact that it costs you something, you pick up focuses. In the event that apartner makes a receipt mistake that is further bolstering your good fortune andyou illuminate him of it, that expenses you something--however it likewiseprocures you regard. A customer as of late called to advise us that we had not senta receipt for administrations we had performed for her. That one phone call let usrealize that this customer is fair. That actuality will without a doubt influence allour future arrangements with her.Comprehend what is not debatable. At whatever point we work with bankworkers, we want to ask the accompanying inquiry: "The amount of would you beable to take from this bank before you get terminated?" The inquiry dependablydraws a snicker in light of the fact that, obviously, everybody realizes that anyindividual who takes from a bank would be terminated quickly. This is just not aregion that is debatable. Realizing what is debatable and what is not will makeyou a significantly more compelling arbitrator.Stay faithful to your commitments. In your enthusiasm to assemble anarrangement, you might once in a while make guarantees and concessions youhadn't wanted to make. You exhibit your morals when you satisfy thoseguarantees long after the craving to do as suchhaveabandoned you.

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Surname3Have various choices. Going into an arrangement with different choices will helpboth you and your partner accomplish your objectives. In the event that somebodyproposes a choice you feel is dishonest, you will be prepared with another, moralalternative for fulfilling the same objective. Now and then you may experiencemoderators who are one-sided scholars who have one and only alternative. Withthem,it’stheir way or the roadway. On the off chance that their way isuntrustworthy as you would see it, you have one and only choice-to leave thearrangement.Be willing to say "no." Some arbitrators are very open to looking at a partnerwithout flinching and saying "no" when they feel something is not right. Othersstress that platitude "no" appears to be reckless, notwithstanding when aproposition does not appear to be moral-then later they lament consenting to theproposition. Being willing to say "no" to something that is not right is anincredible quality.Be acquainted with the law. Obliviousness of the law is not a decent reason fordishonest conduct. If all else fails about the law administering some part of yourarrangement, look at it.Run with your gut. As of late we were in a transaction with an organization and aman in one division of the organization recommended that we not advise anotherdivision of an activity wewantedto take. One partner said, "These equitablenoticeswhathe was stating was that this arrangement point basically did not feelright. Telling the individuals from the other division what we were doing, despite
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