Bechtel Company: Negotiation Strategy and Plan Essay

Exclusively available on Available only on IvyPanda® Made by Human No AI

Introduction

Bechtel occupies a highly competitive position in the world market, so it is possible to consider the company’s existing negotiation strategy fairly efficient. However, there are two issues that were not discussed in detail in the initial Stakeholder Analysis, although they need more thorough consideration. The first thing to be analyzed is the company’s sustainability efforts. The second one is the opportunities for employment in local communities.

Negotiation Strategy and Plan for Reducing the Environmental Footprint

  1. First of all, Bechtel needs to evaluate what types of footprints are left as a result of its work process. Čuček, Klemenš, and Kravanja (2012) differentiate between the following kinds of environmental footprints: carbon, water, energy, emission, nitrogen, land, and biodiversity. Therefore, in order to arrange negotiations concerning its sustainable development, the company will need to assess the major types of harmful outcomes of its operations.
  2. The next step will be choosing the most appropriate tools for footprint evaluation. According to Čuček et al. (2012), there are many ways of assessing one’s environmental footprint, the most popular of them being calculators for energy, carbon, nitrogen, and water footprints. There are also different types of software developed for calculating and reporting the companies’ environmental footprint: SPIonExcel, RegiOpt, PNS solution, Bottomline3, and mathematical programming tools (Čuček et al., 2012).
  3. After choosing the method of evaluating its environmental footprint, Bechtel should launch the assessment program and find out the most adverse outcomes of its operations.
  4. Further, the process of negotiating the ways of reducing the most dangerous footprints should be arranged with stakeholders and managers.
  5. Due to promoting sustainability and transparency of its work, Bechtel will become able to predict and resolve any issues and operate efficiently in any environment.

Negotiation Strategy and Plan for New Employment Opportunities

  1. Prior to launching a new project in developing regions or communities, the company should perform the analysis of the workforce in these areas. It may happen so that hiring workers on the site will bring advantages both for Bechtel and the local people.
  2. In order to make the analysis more accessible, the company may contact local unemployment offices to find out whether there are people with sufficient professional skills necessary to perform some types of work that Bechtel is planning to do in the region.
  3. To make the process of search and negotiation easier, it is possible to place adverts in local newspapers or on community websites. By doing so, those who get interested in being employed in the company’s project will be able to contact the HR manager, provide information about their skills and competencies, and explain their desire to participate in the project. The HR manager will obtain an opportunity to ask additional questions and make a conclusion about the applicants’ fitness to do the job.
  4. Upon collecting relevant data about the prospective employees, the company will decide how many vacancies can be filled by people from local communities and how many specialists will need to travel to work on the site.
  5. The positive outcomes for the company will be as follows. Bechtel will gain an opportunity of finding new eager employees to support the company’s successful strategies. Also, the organization will be able to save on travel and accommodation costs for the employees that will not come from local areas.
  6. The benefits for the community will concentrate on the possibility of developing its infrastructure and provide employment opportunities for local people.

Reference

Čuček, L., Klemenš, J. J., & Kravanja, Z. (2012). A review of footprint analysis tools for monitoring impacts on sustainability. Journal of Cleaner Production, 34, 9-20.

More related papers Related Essay Examples
Cite This paper
You're welcome to use this sample in your assignment. Be sure to cite it correctly

Reference

IvyPanda. (2020, October 8). Bechtel Company: Negotiation Strategy and Plan. https://ivypanda.com/essays/bechtel-company-negotiation-strategy-and-plan/

Work Cited

"Bechtel Company: Negotiation Strategy and Plan." IvyPanda, 8 Oct. 2020, ivypanda.com/essays/bechtel-company-negotiation-strategy-and-plan/.

References

IvyPanda. (2020) 'Bechtel Company: Negotiation Strategy and Plan'. 8 October.

References

IvyPanda. 2020. "Bechtel Company: Negotiation Strategy and Plan." October 8, 2020. https://ivypanda.com/essays/bechtel-company-negotiation-strategy-and-plan/.

1. IvyPanda. "Bechtel Company: Negotiation Strategy and Plan." October 8, 2020. https://ivypanda.com/essays/bechtel-company-negotiation-strategy-and-plan/.


Bibliography


IvyPanda. "Bechtel Company: Negotiation Strategy and Plan." October 8, 2020. https://ivypanda.com/essays/bechtel-company-negotiation-strategy-and-plan/.

If, for any reason, you believe that this content should not be published on our website, please request its removal.
Updated:
This academic paper example has been carefully picked, checked and refined by our editorial team.
No AI was involved: only quilified experts contributed.
You are free to use it for the following purposes:
  • To find inspiration for your paper and overcome writer’s block
  • As a source of information (ensure proper referencing)
  • As a template for you assignment
Privacy Settings

IvyPanda uses cookies and similar technologies to enhance your experience, enabling functionalities such as:

  • Basic site functions
  • Ensuring secure, safe transactions
  • Secure account login
  • Remembering account, browser, and regional preferences
  • Remembering privacy and security settings
  • Analyzing site traffic and usage
  • Personalized search, content, and recommendations
  • Displaying relevant, targeted ads on and off IvyPanda

Please refer to IvyPanda's Cookies Policy and Privacy Policy for detailed information.

Required Cookies & Technologies
Always active

Certain technologies we use are essential for critical functions such as security and site integrity, account authentication, security and privacy preferences, internal site usage and maintenance data, and ensuring the site operates correctly for browsing and transactions.

Site Customization

Cookies and similar technologies are used to enhance your experience by:

  • Remembering general and regional preferences
  • Personalizing content, search, recommendations, and offers

Some functions, such as personalized recommendations, account preferences, or localization, may not work correctly without these technologies. For more details, please refer to IvyPanda's Cookies Policy.

Personalized Advertising

To enable personalized advertising (such as interest-based ads), we may share your data with our marketing and advertising partners using cookies and other technologies. These partners may have their own information collected about you. Turning off the personalized advertising setting won't stop you from seeing IvyPanda ads, but it may make the ads you see less relevant or more repetitive.

Personalized advertising may be considered a "sale" or "sharing" of the information under California and other state privacy laws, and you may have the right to opt out. Turning off personalized advertising allows you to exercise your right to opt out. Learn more in IvyPanda's Cookies Policy and Privacy Policy.

1 / 1