From single deals to negotiation campaigns2011
by David A. Lax
Negotiation scholars typically take the individual deal, or a few linked deals, as the unit of analysis. While analyzing one deal requires a familiar conceptual framework, doing the same for a broader "negotiation campaign" calls for a different focus and set of concepts: how to orchestrate a large number of subsidiary deals, often grouped into modular "fronts", in order to realize an ultimate "target agreement" with sufficient support to be sustainable. For example, generating the backing necessary from several organizational units for a proposed project to be approved may call for a small-scale "internal" negotiation campaign. A final cross-border merger agreement may represent the culmination of a massive negotiation campaign with multiple, related fronts: financial, shareholder,...