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Value Negotiation: How to Finally Get the Win-win Right

  • By Horacio Falcao
  • Published Dec 11, 2012 by FT Press.
    • Copyright 2010
    • Dimensions: 259X203
    • Pages: 408
    • Edition: 1st
    • Book
    • ISBN-10: 981-06-8143-7
    • ISBN-13: 978-981-06-8143-2

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Product Author Bios

Horacio Falcão is an Affiliate Professor of Decision Sciences at INSEAD, where he teaches mainly on the topic of Negotiation. He is also a founding partner at Pluris, where he conducts negotiation and mediation training, coaching, facilitation and consulting to the private and public sectors. Previously, Horacio worked at Cambridge Negotiation Strategies and CMI International Group (a spin-off from the Harvard Negotiation Project) and at two prestigious law firms in Brazil. He founded and was the first Vice President of the Harvard Latin America Law Society. He has worked for the International Court of Arbitration in Paris and as a Harvard-trained mediator he has mediated cases at the courts of Massachusetts. A lawyer trained in both civil and common law systems, Horacio graduated as an LL.M. from Harvard Law School with a concentration on alternative dispute resolution in 1997.

Since then, Horacio has been traveling all over the world mediating complex disputes, facilitating dialog, developing negotiation and consensus building strategies. He has lived in Brazil, US, France and Singapore.

Before INSEAD, Horacio taught negotiation at the Program of Instruction for Lawyers (PIL) at Harvard Law School and mediation at the Fletcher School of Law and Diplomacy, Tufts University and at the Harvard Mediation Program.
Besides, Horacio has founded three companies and negotiated extensively on their behalf. He is also an active angel investor in a variety of start-ups around the world.
He received his MBA in 2002 from INSEAD. Since then, he received the following awards:
• Best MBA Elective Professor in 2004, ’05, ’06, 08 & ’09 (INSEAD)
• Best EMBA Elective Professor in 2005 (INSEAD)
• Best TIEMBA Elective Professor in 2008 (Tsinghua University, Beijing, China).

Value Negotiation: How to Finally Get the Win-Win Right examines the complicated world of negotiation and provides a simple and practical approach in helping negotiators learn how to consistently deliver the highest possible value at the lowest possible risk in the widest range of situations.
The textbook consists of three parts: in Become a Negotiator, challenge yourself to rethink your foundations and assumptions about negotiation, in Prepare for Negotiation, find out how to choose a negotiation goal and strategy, and anticipate critical moments during negotiation and in Negotiate!, uncover how you can connect with negotiating parties, work towards gaining mutual value, and finally, make the best possible decision.
In each part, a wide variety of dialogues, scenarios, discussion questions and exercises have been specially designed to prepare you for commonly experienced situations and settings in negotiation.
For university professors, adopting the Value Negotiation book entitles you to request a comprehensive Instructor’s Package that includes an Instructor’s Manual and a set of teaching slides.

Customer Reviews

7 of 7 people found the following review helpful
5.0 out of 5 stars A Practical Guide to an Intellectual Challenge, May 5, 2010
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This review is from: Value Negotiation: How to Finally Get the Win-Win Right (Paperback)
This book achieves what it says in the title - it shows how get win-win right.

Getting to Yes (GTY) was a seminal work on changing negotiation from the more familiar, confrontational 'positional bargaining.'Getting to Yes: Negotiating Agreement Without Giving In The trouble was, it was too theoretical for most practitioners. Many people who tried to follow Fisher and Ury's methods found themselves drawn back into the old ways. Roughly 25 years later, Horacio Falcao has finally produced a practical guide that builds on the ideas in GTY.

In the author's own words, "you might think of [Value Negotiation] as Principled Negotiation 2.0......It is a new branch of win-win, which is hopefully the best current response to negotiation challenges." As an experienced negotiator, mediator and trainer of other negotiators, I can... Read more
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1 of 1 people found the following review helpful
5.0 out of 5 stars Two heads above anything else on the subject of negotiations and decision-making, July 24, 2011
This review is from: Value Negotiation: How to Finally Get the Win-Win Right (Paperback)
Having had the privilege of taking Professor Falcao's course at INSEAD, I can honestly admit that this is a new level for teaching negotiations. This book is not about giving you 20 predefined scripts of how to deal with salesmen, and brokers, and difficult clients who do not want to buy some crappy stuff from you. This book lays a foundation for your own independent thinking about negotiations as a process, as a science, if you will.

Horacio gives a very structured outline on the current "traditional" methods of negotiations, as well as alternative views. He gives a very practical framework on how to approach absolutely any negotiation with the right mentality. He does not teach you how to beat the other guy. He teaches how to create maximum value for both parties and thus for yourself.

I can go on talking about the book, but it is much more advisable for EVERYONE to just buy it and read it carefully, ideally as a study book - dedicating time on a regular basis... Read more
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5.0 out of 5 stars Probably the most instructive book on negotiation ever written, October 15, 2012
By 
Michael Leathes "IMI" (The Hague, The Netherlands) - See all my reviews
(REAL NAME)   
This review is from: Value Negotiation: How to Finally Get the Win-Win Right (Paperback)
This is the book with a capacity to convert negotiators from mediocrity to brilliance. The author rightly calls it a workbook rather than a textbook and it doubles as an aid for both students and teachers. Divided into sections from pre-praparation, through preparing to negotiate and then the spectrum of skills and attitudes negotiators need, the emphasis throughout is on practicality and real issues. Each of the 14 segments ends with a summary, the key questions raised, and easy/medium/difficult scenario challenges. An exceptionally readable and important contribution to the art of achieving the best deal in the best way and making it sustainable.
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Table of Contents

Foreword
Preface
Acknowledgments

01 Introduction

PART 1: BECOME A NEGOTIATOR
02 Understanding Negotiation
03 Challenge Your Negotiation Foundations

PART 2: PREPARE FOR THE NEGOTIATION!
04 Choose Our Goal
05 Choose Our Strategy
06 Anticipate the Critical Moments

PART 3: NEGOTIATE!
Step 1 – Build the Bridge
07 Relationship
08 Communication
09 Powerful Openings: Building A Solid Bridge Quickly
Step 2 – The Value Pursuit
10 Value Discovery
11 Value Creation
12 Value Claiming
Step 3 – Make the Best Possible Decision
14 Alternatives
15 Conclusion: On Power and Ethics

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