Interpersonal effectiveness - Negotiation theme Research Paper

Interpersonal effectiveness - Negotiation theme - Research Paper Example Informal negotiations are dialogue processes that take unstructured formula. It can be execute by the parties themselves under common agreement. It is crucial in finding solutions to internal or low profile conflicts that affect individuals. As noted by scholars for negotiations to yield best results the parties involved must exhibit realistic ideals, they must set reasonable, specific and attainable demands. This is to facilitate the development of amicable resolution with the capacity to satisfy the parties. Indeed, negotiation skills are fundamental in managing conflicts of the diverse nature and restoring mutual relationship. This is crucial especially with the increased challenges that affect individuals at a personal level or in organizational settings. It is imperative to note that negotiation is an effective and diplomatic way of finding viable solutions to various issues of contention between constrained parties (Harvard Business School, 278). It has been used in finding solutions in diverse settings of different nature that include political, social, economic and working relationship issues, for example, in Wal-Mart company. Companies are encouraged to initiate effective dialogue with their stakeholders when issues of dispute of arise. This is to facilitate the development of sustainable resolutions that are acceptable to all parties and that restores confidence. This paper discusses negotiation as an aspect of interpersonal effectiveness with Wal-Mart Company being under study. As noted, negotiation is a dialogue process that occurs between two or more parties with an intention of resolving or managing evident conflict that may compromise performance. Negotiations take place in business, non-profit making institutions and government bodies. The main aim of negotiation is engage the conflicting parties purposely to understand their positions or needs