MGTC 30300 MANAGEMENT COMPETENCIES Fall 2012 Professor Timothy A. Judge Class 25 November 26, 2012 Timothy A. Judge Management Competencies / Fall 2012 1 While I Set Up… Sign the attendance sheet Turn in readings summary (Ch. 9) Timothy A. Judge Management Competencies / Fall 2012 2 Class #25 Section 1 Review and Introduction Timothy A. Judge Management Competencies / Fall 2012 3 INNER Understanding PRIVATE YOURSELF • Knowing Yourself SELF Yourself Animus •• Managing Reading and Managing Emotions Deciding/Solving YOURSELF Managing/Leading YOURSELF • Analyzing Effectively • Prioritization, Delegation, and Administration • Thinking Creatively • Making Ethical Decisions • Self-presentation (e.g., interviews) • Motivating • Leading and Following Personal (Work) and Professional (Life) Skills Well-Being • Eudaimonia (Aristotle) • Hedonia (Epicurus) • Wholeness (Jung) OUTER Presenting PUBLIC TO OTHERS SELF • Oral Communication Persona Skills • Listening and NonVerbal Communication • Written Communication Skills FUNDAMENTAL Timothy A. Judge Deciding/Solving WITH OTHERS Managing/Leading OTHERS • Making Decisions in Groups • Problem-Solving in Groups • Making Effective Presentations • Negotiating Effectively • Negotiating in Teams • Managing Conflict Contribution to OTHERS Do you contribute to the lives of others? In what ways? Management CompetenciesAPPLIED / Fall 2012 4 INNER Understanding PRIVATE YOURSELF • Knowing Yourself SELF Yourself Animus •• Managing Reading and Managing Emotions Deciding/Solving YOURSELF Managing/Leading YOURSELF • Analyzing Effectively • Prioritization, Delegation, and Administration • Thinking Creatively • Making Ethical Decisions • Self-presentation (e.g., interviews) • Motivating • Leading and Following Personal (Work) and Professional (Life) Skills Well-Being • Eudaimonia (Aristotle) • Hedonia (Epicurus) • Wholeness (Jung) OUTER Presenting PUBLIC TO OTHERS SELF • Oral Communication Persona Skills • Listening and NonVerbal Communication • Written Communication Skills FUNDAMENTAL Timothy A. Judge Deciding/Solving WITH OTHERS Managing/Leading OTHERS • Making Decisions in Groups • Problem-Solving in Groups • Making Effective Presentations • Negotiating Effectively • Negotiating in Teams • Managing Conflict Contribution to OTHERS Do you contribute to the lives of others? In what ways? Management CompetenciesAPPLIED / Fall 2012 5 Class 25 Monday, November 26 Negotiating effectively ◦ ◦ ◦ ◦ Nature of negotiation Preparation Distributive bargaining Exercise Timothy A. Judge Management Competencies / Fall 2012 6 Class #25 Section 2 Negotiation: Managing Conflict Timothy A. Judge Management Competencies / Fall 2012 7 Introduction Conflict May be defined as a: "sharp disagreement" and includes "the perceived divergence of interest, or a belief that the parties' current aspirations cannot be achieved simultaneously" Timothy A. Judge Management Competencies / Fall 2012 8 Introduction Dysfunctions of Conflict Competitive processes ◦ Parties compete because they believe their goals are in opposition and that they cannot both “win” Misperception and bias ◦ As conflict intensifies: Perceptions become distorted Thinking tends to become stereotypical and biased Emotionality ◦ Parties may become increasingly emotional and irrational as the conflict escalates Timothy A. Judge Management Competencies / Fall 2012 9 Introduction Dysfunctions of Conflict (cont.) Decreased communication ◦ Parties communicate less with those who disagree with them, more with those who agree Blurred issues ◦ The parties become less clear about: How the dispute started What it is “really about” What it will take to solve it Rigid commitments ◦ Parties become more committed to their points of view and less willing to back down from them for fear of losing face Timothy A. Judge Management Competencies / Fall 2012 10 Introduction Dysfunctions of Conflict (cont.) Magnified differences, minimized similarities ◦ This distortion leads the parties to believe they are farther apart than they really are Escalation of the conflict ◦ Both parties attempt to win by: Increasing their commitment to their position, Increasing the resources they are willing to put up to “win,” Increasing their tenacity in holding their ground under pressure Timothy A. Judge Management Competencies / Fall 2012 11 Introduction Five Conflict Management Strategies 1 Contending ◦ Pursue own outcomes, little concern for other’s outcomes 2 Yielding ◦ Show little interest own outcomes, high interest in other’s outcomes 3 Inaction ◦ Show little interest in own or other’s outcomes 4 Problem solving ◦ Show high concern in own and other’s outcomes 5 Compromising ◦ Show moderate concern own and other’s outcomes Timothy A. Judge Management Competencies / Fall 2012 12 Introduction Dual Concerns Model Timothy A. Judge Management Competencies / Fall 2012 13 Class #25 Section 3 Exercise: The Player Timothy A. Judge Management Competencies / Fall 2012 14 Conflict Management: The Player Read instructions (15 min) Receive roles and form assigned dyads Negotiate (20 min) Complete and turn in ◦ 1-pink “Settlement Form” – one from each person and signed Discussion Timothy A. Judge Management Competencies / Fall 2012 15 Dyad Director Points Producer 1 Bandy, Ryan Love, Crystal 2 Corbett, Caroline Knight, Thomas 3 Heggie, Bruce Abrate, Tomas 4 Lee, Anders Rees, Tommy 5 Domingo, Daniel Brown, Sammie 6 Thiessen, Marina Collins, Matthew 7 Cotter, Patrick Wildey, Kevin 8 Blakey, Brenna Eifert, Tyler 9 Kuczora, Maddie Dyer, Frank 10 Lombard, Christian Welch, Alex 11 Moore, Alexandria Cole, Meghan 12 Fox, Dan Weil, Beatrix 13 Toole, Breezi Rouser, Colin TimothyDotzel, A. Judge Sarah Points Total Management Competencies / Fall 2012 16 The Player 2 issues compatible (participants want dearly what is easily provided by the other) 3 issues distributive (participants’ interests are incompatible) 6 issues integrative (participants have different preferences that can be traded off) Timothy A. Judge Management Competencies / Fall 2012 17 Compatible Issue Teen Star Teen Star Director Producer Shia LaBeouf 500 250 Elijah Wood 400 100 Dakota Fanning 300 0 0 -250 Dylan & Cole Sprouse Timothy A. Judge Management Competencies / Fall 2012 18 Integrative Issue: Teen Star Shia LaBeouf=750 250 500 Director Producer Dakota Fanning=300 0 Elijah Wood=500 100 400 Sprouse Twins=-250 0 Director Producer 300 Timothy A. Judge Director Producer Director Producer -250 Management Competencies / Fall 2012 19 Distributive Issue Director Bonus Director Bonus Director Producer 0% NO 4400 1% -1200 3000 2% -750 2000 5% -500 1000 7% 500 -500 10% 2100 -1800 12% 3000 -5000 15% 4100 NO Timothy A. Judge Management Competencies / Fall 2012 20 Distributive Issue Director Bonus 6000 4100 4000 4400 3000 2100 3000 2000 2000 0 -1200 -750 500 1000 -500 Director Producer -500 -2000 -1800 -4000 -6000 NO 0% Timothy A. Judge 1% 2% 5% 7% 10% -5000 NO 12% 15% Management Competencies / Fall 2012 21 Integrative Issue Editorial Control Editorial Control Director Producer NA has no say in editing 2000 -450 NA has very limited editorial rights 100 550 NA shares equally in editing control -250 1225 NA gets unilateral control -500 1550 Timothy A. Judge Management Competencies / Fall 2012 22 NA No Say=1550 -450 Integrative Issue 2000 1225 Timothy A. Judge 100 Director Producer Director Producer 550 NA Shares=975 -250 NA Limited=650 Director Producer NA Controls=1050 -500 1550 Director Producer Management Competencies / Fall 2012 23 Conflict Management: The Player-Discussion Questions Score your performance on two dimensions ◦ Distributive performance: Your individual points ◦ Integrative performance: Combined dyad points Are both important? Why? Was a more integrative agreement possible? ◦ ◦ ◦ ◦ Did you discover compatible issues? Why/why not? Did anyone bluff? Did you share information? Did you negotiate using packages? Did you set an aspiration point? Was it helpful? Timothy A. Judge Management Competencies / Fall 2012 24 Distributive Bargaining Avoid reputation as distributive bargainer Percent of remarks 25 18 20 15 10 11 20 14 No reputation 12.5 9 5 Distributive reputation 0 Procedural remarks Specific information provided How negotiation should proceed Discuss interests, Priorities, preferences Source:Tinsley, O’Connor, & Sullivan, 2002 Timothy A. Judge Relationship building Mention mutual concerns, show empathy Management Competencies / Fall 2012 25 Distributive v. Integrative Skills/strategies for distributive bargaining are not the same as integrative Reasons why integrative more valuable ◦ Everyone wins, achieving better moral and practical long-term outcomes ◦ If you start distributive, you never get to integrative Timothy A. Judge Management Competencies / Fall 2012 26 Conflict Management Some conflicts are not task-based, but instead interpersonal How to handle/resolve? ◦ Avoid generalizations ◦ Express interests not positions ◦ Empathic concern (try very hard to see it from the other’s point of view) ◦ Reaffirm bonds Timothy A. Judge Management Competencies / Fall 2012 27 Next class (Wednesday, Nov. 28) ◦ Graded conflict management exercise YOURPOINTS TOTALPOINT S GRADE 2 Timothy A. Judge Management Competencies / Fall 2012 28 Next Exercise Graded conflict management exercise is very much like the practice exercise How to do well ◦ There is both creating value and claiming value—focus on creating first ◦ Identify commonalities/shared interests ◦ Stay focused on issues ◦ Claiming is a part of resolving divergent interests Timothy A. Judge Management Competencies / Fall 2012 29 Class #25 Section 4 Class Matters Timothy A. Judge Management Competencies / Fall 2012 30 Next class (Wednesday, Nov. 28) Me ◦ Practice Negotiation Exercise feedback ◦ Graded Negotiation Exercise preparation You ◦ Work on your Reflection Paper (hint: source your readings summaries!) due December 3 ◦ Turn in readings summary (Covey p. 261-284) Timothy A. Judge Management Competencies / Fall 2012 31 Upcoming graded activities/items due Personal Development Plan update for extra credit Readings summaries, journal, final in-class essay December 3: Graded Negotiation Exercise December 5: Review, overview, preparation for Final In Class Essay December 12: Final In Class Essay Timothy A. Judge Management Competencies / Fall 2012 32