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How Management Is A Type Of Process

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Management is a type of process that businesses or companies utilize in order to reach organizational goals by working with resources and individuals to reach those goals. From a management standpoint, many individuals use negotiations to reach these organizational goals by assembling and overseeing everyone to work together for the overall purpose. Lewicki, Barry, and Saunders (2015) explain negotiations rather well in our text, Essentials of NEGOTIATION, by defining it as a “form of decision-making in which two or more parties talk with one another in an effort to resolve their opposing interests.” Negotiations can be thought of as a combination of argument and bargaining between two or more opposing sides, but typically either side try to find a mutual agreement, or solution, to satisfy a win-win situation. Negotiations can further be broken down into key elements that compose its process as well as ten (10) best practices for negotiators to hone their skills, specifically identify and work the best alternative to a negotiated agreement, or BATNA. Several characteristics, or key elements, compose the process of negotiations. Initially, negotiations begin when there are two or more individuals, groups, or organizations. Secondly, there must be a conflict in which these parties must find a way to resolve. Thirdly, “the parties negotiate by choice!” (Lewicki et al., 2015). We simply negotiate due to the fact we believe we can better, or sweeten, the outcome

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