This is an archived course. A more recent version may be available at ocw.mit.edu.
Lectures: 1 session / week, 2 hours / session
The objective of this course includes improving your ability to:
The purpose of this course is to understand the theory and processes of negotiation and power of social capital so that you can negotiate successfully in a variety of settings. This course will provide you with the opportunity to develop skills experientially, understand useful analytical frameworks, grasp how social capital is created and destroyed, and appreciate the role of emotion in many negotiation situations.
Each week, we will cover an aspect of negotiation in depth, explicate some key issues, discuss the reading, and examine critical issues that have been raised with regard to your experience. The course is designed to be relevant for a broad spectrum of negotiation problems faced by managers, consultants, etc.
There are 3 distinct components to grading that add up to 100% as indicated below.
1. Class participation (15%)
Class attendance and on-time arrival are prerequisites for class participation credit.
2. Pre-Exercise Diagnoses and Journals (60%) (focus on your understanding of core concepts and your development as a negotiator)
3. Short Paper, 4-6 pages, 1650 word max. (25%)
4. Scoring of assignments will be evaluated according to the following criteria
This class is designed to be experiential. The core of the course is a series of negotiation exercises. These exercises are framed and analyzed in terms of readings, lecture, and in-depth class discussions. The course will also include one or two optional workshops lead by executive coaches. In addition, a panel discussion with professional service experts is being arranged.
The major reading for this course will be found in three books and a course packet, which contains chapters from key books on negotiation as well as relevant Harvard Business Review articles. The three required books are as follows: Essentials of Negotiation, Getting to Yes, and Getting Past No. You will also find a list of recommended books at the end of the syllabus.
Lewicki, R. J., D. M. Saunders, and J.W. Minton. Essentials of Negotiation. 2nd ed. Boston, MA: McGraw-Hill, 2001.
Fisher, R., W. Ury, and B. Patton. Getting to Yes. 2nd ed. New York: Penguin Books, 1991.
W. Ury. Getting Past No. New York: Bantam Books, 1991.
I have selected some readings relevant to each week's discussion. Lectures and discussion will assume familiarity with the assigned readings. You should be aware, however, that I may add or subtract reading assignments as we go along in response to the dynamics of the course.