Kellogg School of Management

Negotiation Master Class

Kellogg School of Management

Leadership

About Programme

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.

Programme 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

Programme Audience

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

Programme 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

Other programs in this subject area you might find useful

Same topic, Similar duration - Broader exploration across all institutes

Contact us for the further details

Speak with an Advisor

  1. Pedagogy (case method, experiential learning, coaching, simulations)
  2. Programme Objective
  3. Testimonials

Prashansa Uttam

Programme Advisor

+91 9403890085[email protected]Mon – Fri, 9am – 5pm IST

Kellogg School of Management

Executive Education Office

NA
847.467.6018
mailto:execedkellogg.northwestern.edu
https://www.kellogg.northwestern.edu
Evanston, USA

Tell us about your program enquiry

Fill out the form below and our team will get back to you within 24 hours.

Negotiation Master Class | Kellogg School of Management