Cloud Based Business Negotiation Support System
Given the importance of English as the international language of business, many Asian professionals and workforces still face a significant proficiency gap compared to their Western counterparts. They often encounter difficulties in three key areas: 1) understanding technical nuances, 2) drafting documents such as proposals and agreements, and 3) comprehending the diverse range of English accents found in regions like Korea, China, Japan, India, and Singapore.
To address these challenges, our technology offers an e-learning platform that provides individuals and teams with a structured approach to complex business negotiations. It features standardized templates and conversational expressions to guide users effectively. This solution tackles common pain points, including inconsistent preparation, inadequate documentation, and a lack of analytical tools, which often result in suboptimal agreements.
The system delivers step-by-step workflows for identifying stakeholders, defining negotiation objectives, evaluating leverage, and formulating strategies. It incorporates analytical modules for SWOT analysis, Position/Interest (P/I) analysis, Zone of Possible Agreement (ZOPA) estimation, and the development of alternative options. By integrating scenario-based logic with standardized templates, the platform empowers users to enhance their negotiation preparation, ensure consistent decision-making, and track outcomes effectively. The primary target adopters include corporate procurement teams, business development units, IP licensing managers, and international traders who are committed to building advanced negotiation skills.