Maintaining long term professional relationships

Assignment Help Business Management

Reference no: EM131346693 , Length: 2

Assignment : Maintaining Long-Term Professional Relationships

One of the most important aspects of negotiating with someone or a business that you have a long-term and on-going relationship with is maintaining that relationship post-negotiation. Consider the following negotiation:

You are the project manager for a manufacturing company. You have a long-term relationship with a supplier that provides your company with computer chips for your product. There have never been any previous issues, and you and the supplier have had a great relationship.

However, with the last shipment, there were defects in 25% of the chips. You need to discuss this issue with the supplier and determine the best solution. Your main concern is not ruining the relationship, but the defects are costly for your organization.

Based on this scenario, brainstorm your answers for the following areas:

Goals
Trades
Alternatives
Relationship
Expected outcome
Consequences of winning or losing
Power
Possible solutions

After completing the eight areas, prepare a letter to the supplier's president. Consider the elements above in the letter. Your letter should contain the following:

Current issue
Your suggestion for solving this issue
The outcome you would like to see
Time frame
Suggest your alternatives and solutions

Answers to the eight elements can be written in a numbered list; however, your letter should be written in complete sentences and appropriate business letter format.

The letter should be 1-2 pages in length and should be structured formally following the CSU-Global Guide to Writing and APA Requirements.

Reference no: EM131346693

Questions Cloud

Describe the purpose for setting actionable goals : Describe the purpose for setting actionable goals.How will you help the leader create a development plan with actionable goals? How will you help the leader to strive toward a mastery level of development? Which follow-up strategies will be integrate..

Explain one domestic policy that your party would believe in : Identify and describe one domestic policy that your party would believe in. Give a paragraph description of that domestic policy. Be very detailed and specific in your description.

Create a developing hypothetical leadership coaching plan : You are to submit the Course Project you created developing a hypothetical Leadership Coaching Plan. This plan should detail your approach for coaching a leader in a specific organization that is related to your chosen career field.Before you sub..

Simplify the following boolean functions : Describe why regulatory authorities inspect a pharmaceutical manufacturer against pertinent GMPs. Compare and contrast specific GMPs for the manufacture of for example drug substance versus finished product (e.g. ICH Q7 versus 21 CFR Part 211). Su..

Maintaining long term professional relationships : Prepare a letter to the supplier's president. Consider the elements above in the letter. Your letter should contain the Current issue and Your suggestion for solving this issue.

How do you measure what is or is not fair : In your argument, do not use words like "fair" or "good" or "better" or "equal" - how do you measure what is or is not "fair"? What if you and I have different definitions of what is or is not fair (these are not universal terms)?

What is goal for collaborating with the leader to interpret : What is the goal for collaborating with the leader to interpret his or her learning needs? How will you help the leader evaluate his or her learning needs (or performance gaps) by applying the "use of self" framework?

What are the tangible and intangible factors in situation : What are the tangible and intangible factors in this situation? What are the intangible factors in the negotiation? Which are more important, the tangible or intangible factors?

How much money does your interest group have : How much money does your interest group have? What is that money being spent on? In your opinion, are they using their money effectively? How could they spend their money to better accomplish their goals?

User Account

All Pages