Yeah this was always step 1 to negotiations as I learned it. The goal was always to try and schedule interviews so you could land multiple offers at one time. If you have 2-3 offers and an existing job your position is insanely strong.
If you are unemployed and this is your first offer in 3 months you cant really negotiate... just take it if it is a reasonable offer.
Friendly would be win win. We'll pay you so you dont worry about money, and we win because you are great. Batna (looks better as a word) is there but in the distance.
Win/win also has some teeth under it somewhere, or they’d just give you everything yes? In your scenario, why not give you a billion dollars vs a million vs 100k?
BATNA (and I am every familiar with the term, as I’ve had to do a significant amount of negotiation) is the ‘plan B’ if there is no acceptable ‘good’ agreement.
If someone has no acceptable BATNA, their negotiation is essentially ‘please don’t beat me up too bad’, not ‘let’s see if we can agree on something that works for both of us’. No BATNA means you aren’t effectively negotiating, just begging to not be abused too badly.
Sometimes an employer doesn’t have a BATNA option, but that is rare. Usually it’s the employee which doesn’t have a plan B.
A BATNA when doing negotiations over salary, for instance, might be taking another offer with an otherwise less desirable company. Or continuing a job search for more time. Or becoming a sugar baby for an older woman somewhere, etc. or filing for bankruptcy.
Knowing what your own (and what the other sides) plan B is, is important to actually have a successful negotiation, because when your offer starts to look less desirable than their plan B, it isn’t going to go well.
I am struggling to come up with a sentence where using the acronym "BATNA" provides additional utility compared to just using "alternative" (or "option").
In seemingly all situations, a decision maker is considering their most preferred alternatives rather than their least preferred alternatives.
Why does that matter? I would like to see a sentence or scenario where “BATNA” is not interchangeable with “alternative” or “option” or some other synonym.
I read the Wikipedia page, but I’m still unclear what information I gain from BATNA over just “best alternative” or “second best option/choice”.
Recruiter: I checked with the manager. The best we can do is either 120k but you show up every day or 90k remote.
Me: I'm already paid 110k and work remote. Sorry.
Recruiter: Oh, alright. We can't afford that. We'll continue our search with other candidates. Thanks for your time.
Both "options" presented by the recruiter are "alternatives" and they're both "negotiated agreements" (i.e. a meeting in the middle).
BATNA is short for what you get when negotiations fail and you walk away with no deal. (In this case, staying at the 110k remote job is one party's, the other party's is to keep interviewing more candidates.)
I had once had this aversion to neologisms for the sake of them too. Then I took some math classes and understood that saying "ring" is better than saying "commutative group with multiplication satisfying the following axioms...". Ultimately, it's helpful to invoke words that a group of people commonly understands, even if it seems to the uninitiated that it's saying nothing of importance.
The word "BATNA" is used a lot in discussions on negotiations. These books are full of tips on thinking about/finding out your counterpart's BATNA, coming to the negotiation table with a strong BATNA, conveying your BATNA to the other person, etc. In this context, the word/acronym conveys a very specific meaning that unspecialized English words like "option" and "alternative" don't capture.
True, and thanks for acknowledging it. I admit I am really tired of cookie-cutter advice lately and sometimes get triggered and call it out in less than a productive tone. Thanks for not reacting to it. :)
The employers BATNA is they go to the pool of 35 other candidates. Yours is you go back to your job.
If your job hunting first when your sick to death of your job, your BATNA isn’t very strong.
If this is your only offer, your BATNA isn’t very strong.
If you’re one paycheck away from being out of the street, your BATNA isn’t very strong.
See where I’m going with this?