Instructor                 Bruce C. Kusch

Email                         kuschb@byui.edu

Office                        SM313

Office Hours            By appointment 

Phone                       496-1479

 

Texts                         Harvard Business Essentials - Negotiation - HBS Press

                                  SPIN Selling - McGraw Hill

 

Other Materials     Assigned readings and cases will be accessed via I-Learn

 

Fees                           A $12.00 fee will be assessed for other course materials – i.e. cases and readings

 

Course Description

An introductory and highly-participatory course covering the fundamental principles of effective professional selling and negotiations.  Students will understand how to develop customer needs through use of the SPIN Selling Model.  Other topics to be addressed will include career opportunities, pricing, compensation plans, and sales management.  Through active learning students will understand and practice principles governing professional selling and negotiations through the use of case studies, assigned readings, and simulations.

 

Course Objectives

·         Introduce students to the principles and practices of effective selling and negotiations skills

·         Create awareness of the importance of the sales process to all aspects of an enterprise

·         Recognize the importance of building trusting, long-lasting relationships; why collaboration is critical in today's competitive environment

·         Introduce the skills required for success in professional selling

·         Introduce the principles and strategies around creating win-win agreements

·         Explore career opportunities in the field of professional selling

·         Understand the importance of contractual agreements to a sales professional

·         Learn and practice these skills using role-plays, case studies, and simulations

·         Do all of the above in the context of remaining "steadfast and immovable" in adhering to moral, ethical, and gospel principles

 

Grading

Grades will be based on the following assignments and class activities:

·         Quizzes and Final Exam:  There will be three in-class quizzes @ 30 points each and 150-point final exam.  There are an additional three non-credit quizzes on I-Learn to assist your mastery of the SPIN model

·         Exercise in Negotiations Analysis, & Simulation:   One exercise is assigned to assist in understanding negotiations analysis (@ 20 points).  There will also be a negotiation simulation @ 100 points.

·         Class Participation:  Students will be evaluated on overall participation in class discussions on days of case discussion and assigned readings.  Up to 150 points possible.

·         Professional Presentation:  Working in teams students will have the opportunity to develop and present a professional presentation to the class on a course-related topic of their choice.  Some suggestions are shown below, but are only suggestions.  Length of the presentation will be 15 minutes, with a couple of minutes for Q&A from class members.  Presentations will be both peer and instructor evaluated.  Up to seventy-five (75) points possible.

Potential topics include:

·         Trends in selling

·         Selling styles for specific industries

·         CRM & other technology trends

·         Ethical dilemmas in selling & negotiating

·         Career opportunities in sales

·         The good, the bad, the ugly of a career in sales

·         How to manage difficult people

·         What are the skills that make a successful negotiator?

·         Dynamics of negotiations with different cultures

 

Grading Scale

 

93-100%

A

80-82-9%

B-

67-69.9%

D+

90-92.9%

A-

77-79.9%

C+

63-66.9%

D

87-89.9

B+

73-76.9%

C

60-62.9%

D-

83-86.9%

B

70-72.9%

C-

<60%

F

 

 Course Schedule – always subject to change or revision!

Date

Topics/Reading Assignment

What’s due?

Feb. 12

Introduction to professional selling

Chapters 1-6 in SPIN Selling

 

13

The SPIN Model

- View presentation on I-Learn, complete call plan

 

Completed call plan

14

SPIN practice

HBR article: “Major Sales – Who Really Does the Buying?”

 

15

SPIN Practice

HBR Article:  Customer Value Propositions in Business Markets”

Quiz 1 – SPIN

18

President’s Day – No Class

 

19

Introduction to professional negotiations

Read:  The Only Four-page Guide to Negotiating You’ll Ever Need”

Ch. 1-4, 6-8 in Harvard text

20

The Sluggers Come Home  

21

The Sluggers Come Home – conclusion

Exercises in Negotiations Analysis

22

 Case:  OuterBay and EMC

 

25

FINS Negotiations Simulation Introduction & HBR articles:  “Negotiating with a Customer you Can’t Afford to Lose”

“The Silent Language in Overseas Business”

“The Hidden Challenge of Cross-Border Negotiations”

Quiz 2 – Negotiations

 

26

FINS

 

27

FINS

28

FINS

29

FINS Debrief

Pricing & pricing strategies

 

Pricing exercises

Mar. 3

Pricing & pricing strategies – follow up

Sales Management

HBR article:  “The Ultimately Accountable Job…”

Caselet:  ImageVision

 

4

Case:  Scalix Corp.:  The Evolution of a Sales Model

Quiz 3 - Pricing

5

Case:  Clearion Software

6

Prep Day – no class

 

7

Professional Presentations

 

10

Professional Presentations

Final Exam - Online

11

Professional Presentations

 

Assigned readings and cases can also be accessed on I-Learn