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Negotiation Master Class
Mastering the art of complex negotiations
Negotiators know the high-stakes situations that shape organizations and define careers—mergers and acquisitions, hostage situations, ransomware, internal and external crises. Yet, even the best negotiators may not have the knowledge and tools they need to successfully deal with these complex and difficult situations.
The Negotiation Master Class, a new certificate program from Kellogg Executive Education, will take your negotiation skills from pro to master.
Learn how to navigate the most challenging negotiations through a highly interactive program where you’ll learn some of the best evidence-based practices and have the chance to apply your skills through simulations and role play. You’ll have the opportunity to assess your strengths and weaknesses, sharpen your skills and receive real-time feedback to improve your ability to negotiate in any situation.
Taught by Professor Leigh Thompson, author of Negotiating the Sweet Spot, and management professors specializing in negotiation and law, plus outside experts, including a former FBI agent, our expert instructors will walk you through some of the most difficult negotiation settings, including mergers and acquisitions and crisis negotiations. You’ll leave this experiential program with a playbook and the skills necessary to deal with the most demanding negotiations. Plus, you’ll earn a certificate that boosts your professional credibility—the next best thing to having a degree in negotiations.
VIDEO: Learn more from Academic Director Leigh Thompson
Who Should Attend
Executives who negotiate as a significant part of their job in both large and small organizations:
- Leaders seeking to improve negotiation performance and outcomes
- Professionals acting in an advisory negotiation role
- Mergers and acquisitions professionals
- Entrepreneurs
- Sales and marketing managers
- Human Resource professionals and trainers
- Legal advisors
- Finance professionals
- Coaches
- Crisis negotiators
- C-Suite executives
Download Past Participant Profile
Key Benefits
- Enhance negotiation skills and build confidence
- Structure value-creating deals involving multiple, complex issues
- Build a negotiation playbook based on research-based best practices
- Realize improvement for economic outcomes
- Build trust and mutual respect with peers and outside negotiators
- Learn how to reset a negotiation that is not going well
- Increase your team’s negotiation performance
Program Content
Negotiation Mastery: Contract negotiations in long-term, financially complex business relationships
- Transactional vs. relational negotiation – what to reveal; what to conceal
- First-offer strategy – when to launch and when to present
Multi-party, high-visibility negotiations
- How to manage negotiations in the public arena
- Negotiations with groups and collectives
- Keeping people at the bargaining table when no-agreement costs are high
Lawyer up and lawyer down: working with attorneys and third parties
- How to work productively with attorneys
- The role of businesspeople when negotiations become “legal”
- When to “lawyer up” and how to “lawyer down”
Crisis negotiations
- Responding to threats, demands, time pressure, kidnapping, hostage negotiations, ransomware negotiations
- Best things to say (and not to say)
Big deals
- Mergers and acquisitions, hidden parties and the effect of public information on private negotiations
- Taking a 30,000-foot view of complex negotiations
- Identifying the key parties at the table
- How to examine parties’ interest and check for alignment
- Creating safety nets
Internal negotiations
- When the stakes are high and the relational fall-out sizeable
- Dealing with old conflicts and hitting the reset button
- Thinking through economic and relational costs
- Managing your team
Faculty
Leigh Thompson - J. Jay Gerber Professor of Dispute Resolution & Organizations; Professor of Management & Organizations
Alyson Carrel - Co-Director, Center on Negotiation, Mediation and Restorative Justice; Clinical Professor of Law
Steve Romano - Chief Negotiator, FBI
Victoria Husted Medvec - Adeline Barry Davee Professor of Management & Organizations; Executive Director of the Center for Executive Women
Personal Consultation
Please contact us to schedule an advising session
2024 Sessions
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May 6-17, 2024 Start: May 6 at 8:00 AM End: May 17 at 12:00 PM
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$6,900 |
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December 2-13, 2024 Start: December 2 at 8:00 AM End: December 13 at 12:00 PM
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$6,900 |
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