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Importance of negotiation skills
Importance of negotiation skills
Negotiation skills in daily life
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The factors considered in determining the team leadership (chief spokesperson) were that the individual had to be one that had was very good in speaking in front of a classroom. This person has to be motivated to have a strong strategy to bargain our demands for the union. The chief spokesperson must be prepared to negotiate our teams proposal to improve the union with our demands. As we start to negotiate, we would need a leader that will be able to work with the opposing team to create an agreement. As both teams start the debating process the chief spokesperson must be able to be flexible and communicate with our team on what we think about the terms at hand. The chief spokesperson that we found would be perfect for our team was Michael Mamathy. He has an outgoing personality and a strong speaker that would help our team have a successful debate. The vice chief spokesperson is Joshua Bontumasi because of the communication skills that he has when it comes to group assignments. Communication is a strong part of the role of chief spokesperson because they must be able to keep the team in the loop and make sure that we all agree to the terms of …show more content…
After we decide between the two proposals that we want to represent I will start researching different companies on the unions bargaining agreements and see how much will be a reasonable amount for our proposal. As my role of configuring cost analysis, I will work with the high to low costs that it will take to implement our demands and figure out the average amount. This average amount for our demands will be used to justify our negotiation process. The cost for the demands for the union is one of the most important parts of the agreement. The cost of the benefit for the union is what the company has to pay and you must have a reasonable cost for your demands. As a team member, I will assist my team with forming our initial bargaining demand for the
The case study of GMFC provides an example of a company attempting to avoid unionization of its workers. GMFC is expanding by building a new U.S. plant which will manufacture motorized recreational equipment. The company plans to hire about 500 production workers to assemble mechanical components, fabricate fiberglass body parts, and assemble the final products. In order to avoid the expected union campaign by the United Automobile Workers (UAW) to organize its workers, GMFC must implement specific strategies to keep the new plant union-free. GMFC’s planning committee offers suggestions with regards to the plant’s size, location, staffing, wages and benefits, and other employee relations issues in order to defend the company against the negative effects of unionization and increase...
Describe the impact of the union on wages within your organization. If your organization's employees are not represented by a union, discuss how union representation might positively or negatively impact employee standards.
Creating a budget in clinical research is very detailed, organized and specific towards each individual clinical research trial. When coming up with a budget you need to know what your limit is and stick to it. Negotiating a budget can be difficult, both sides need to collaborate and discuss the necessary and reasonable funds for the trial. There are limits to a budget which include no construction, travel is limited, and overall cost can’t exceed a set limit. (1, 3)
There are several basic approaches that can be utilized when conducting economic evaluations for any new health care intervention; which can include medications that are designed for the treatment and prevention of disease and how to relate the effectiveness with the overall monetary value of the new treatment. The economic tools that can be employed to perform such an analysis can be broken down into four basic parts that consist of cost-minimization analysis (CMA), cost-effectiveness analysis (CEA), cost-benefit analysis (CBA) and cost-utility analysis (CUA). These four categories will contain the major financial analytical techniques employed when evaluating medical treatments and interventions along with other types termed cost-consequence
The disadvantages of union membership are viewed from the employee and employer perspective. Through the employee lens, the disadvantages manifest in the form of fees, loss of autonomy, and less collaborative work environment. As part of the union, you surrender many of your individual rights in exchange for the organized results that can potentially manifest through the collective bargaining process. Therefore, there isn’t any assurance that your individual concern will even be addressed.
As a college student, you are required to make decisions all the time. These decisions differ in there level of seriousness and way it can affect you as an individual and how they may affect your academic performance. I came to college as an athlete, and my choice to be a college athlete meant my life would be different from traditional students. The rigor of my sport meant i would have weights every morning, and practice in the afternoons. It meant I would have to miss class to travel for games but that is what I signed up for.
Throughout American history, labor unions have served to facilitate mediation between workers and employers. Workers seek to negotiate with employers for more control over their labor and its fruits. “A labor union can best be defined as an organization that exists for the purpose of representing its members to their employers regarding wages and terms and conditions of employment” (Hunter). Labor unions’ principal objectives are to increase wages, shorten work days, achieve greater benefits, and improve working conditions. Despite these goals, the early years of union formation were characterized by difficulties (Hunter).
Budgeting Assignment A company's budget serves as a guideline in planning and committing costs in order to meet tactical and strategic goals. Tactical goals such as providing budgetary costs for daily operations, and strategic objectives that include R&D, production, marketing, and distribution are all part of the budgeting process. Serving as a guideline rather than being set in stone, the budget is a snapshot of a manager's "best thinking at the time it is prepared." (Marshall, 2003, p.496)
One approach to decision making for two groups that have competing agenda’s is to form a partnership council. For the past two years, I have been facilitating the Labor Management Partnership Council. Using techniques like brainstorming, nominal group technique, and muli-group technique, which are all facilitation tools used to help the group form a decision. The partnership council is where union representatives headed by the Union President, and management representatives headed by the Chief Negotiator have formed a council. This council has a goal of discussing and resolving issues that affect the interest of both the union and management, heading off any grievances before they are made. When organizational policies are being written,
The topic for my real world negotiation is to come to an agreement with my supervisor for a promotion as well as an increased salary. I currently work as a student assistant at the student services Planning, Enrollment Management, and Student Affairs (PEMSA) department. My goal is to increase my hourly pay from $10.15 to $12.70, a 25% increase. Having worked in this department for three years, I have taken on tasks not part of my job description such as processing return mail, data entry, and supervision.
Project managers must take cost estimates seriously if they want to complete software projects within budget constraints. After developing a good resource requirements list, project managers and their software development teams must develop several estimates of the costs for these resources. There are several different tools and techniques available for accomplishing good cost estimation.
A collective bargaining agreement collectively sets the terms on which an employer offers individual work contracts to each of its employees in the bargaining unit. A bargaining agreement, also herein referred to as a labour agreement, is a legally enforceable written commitment, which states the rights and duties of all parties involved. The labour agreement should be made in good faith and is intended to be observed and not violated. The National Labour Relations Act obligates employers and unions to bargain in good faith concerning terms and conditions of employment, including hours and wages. Like any normal contract, competent parties must enter into a labour agreement. However, a labour agreement is unique from other legal contracts in that there is no consideration involved and nothing tangible is exchanged. Many, but not all, unions require formal ratification of a new labour contract by a majority membership acceptance, which is determined through vote by the members. Until majority approval of those voting in a ratification election is received, the proposed labour contract is not final. While each labour agreement is unique to the needs of an organization and its employees, most agreements include five issues: (1) Management Rights, (2) Union Security, (3) Wages and Benefits, (4) Individual Security (Seniority) Rights, and (5) Dispute Resolution. Management Rights “Management” is the process of working with people and resources to accomplish organizational goals by making the best possible use of money, time, materials and people. The management process, when properly executed, involves a wide variety of activities including planning, organizing, directing and controlling. It is management’s role to perform all of these functions in order to maximize results.
Cost accounting system: a systm that estimates the cost of goods and services, as well as the cost of organisational units, such as departments.
Collective bargaining may happen in several kinds of fields, ranging politics to sports. It allows appropriate settlement of disputes and issues that benefit both parties involved, producing a result that is not one-sided. Collective bargaining is “the negotiation of wages and other conditions of employment by an organized body of employees” (Beal, Wickersham, & Kienast 5). Four issues that are probable components of a collective bargaining agreement are:
Labor costs enter into two categories: fixed costs and variable costs. Fixed costs refer to salaries of core staff or permanent staff and variable costs to hourly or casual staff. Labor costs are the highest costs in food and beverages operations. On the other hand food costs are said variable costs. Thus controlling labor costs is fundamental in increasing revenue. Also the reduction of food cost will add revenue and make business more sustainable.