With the advancement of technology, organizations are transforming rapidly1 and teamwork has become imperative for organizational effectiveness. Balancing innovation and optimum utilization of resources is challenging and team leadership can play a vital role in organizational success.2 In negotiation, a facilitator may also employ an approach where groups of individuals work together to attain shared objectives or settle disputes. A type of negotiation known as “team negotiation” involves several parties working together to reach a compromise.3 The practice of bargaining between two or more groups, each represented by a team of individuals, is called a team negotiation. Large corporate transactions frequently include this kind of negotiation, which can also happen in a variety of settings like business, labor unions, international relations, legal matters, and more. Team negotiations can also occur in these situations. Each side in a team negotiation consists of two or more people, and everyone involved must decide how to settle the conflict collectively.4 Together, the delegates from the teams discuss issues and come up with solutions that satisfy everyone. Throughout the negotiation process, a lot of discussions, exchanges, and concessions are usually made, as conflicting parties try to attain a resolution.5

Licensed reuse rights only
You do not currently have access to this chapter.
Don't already have an account? Register

Purchased this content as a guest? Enter your email address to restore access.

Please enter valid email address.
Email address must be 94 characters or fewer.