Several scientific pieces of research have stated that there exist ample categories of personalities on this planet who individually fit for a particular job role. In the enlarged corporate world or any disciplinary field, people possess certain skill sets that can benefit a specific industry massively. In relevance to that, the management industry is one of the most expanded industries that are endorsed by people skill sets from all ends. If you take a slightly scrutinized glimpse, you will notice that the people designated in the department of management, mostly carry an adaptable and highly professional nature. As it had been for years, the requirement of the right skill sets for managers has become even more prominent in the present century. The main reason behind this is that the particular domain undergoes dynamic challenges almost every single hour of a day that management-heads need to clear out within a given span of time.
In better words, the foremost and appropriate approach to ‘conflict resolution’ roots out of the right management skills. Conflict resolution has been an extension of the management industry from the early era, but the contemporary scenario deliberately seeks professionals who can redefine and personalize the existing conflict resolution trends and qualify them for solving next-level challenges. Let us have a look at some of the most effective and globally-recognized conflict resolution styles in this article below, which are, in fact, extremely important for all the budding managers to know about.
To begin with, conflict resolving is all about understanding the psychology of your business in the first place. If a manager is not well aware or known of what technique he/she is using, he/she is likely to face a loss irrespective of the efforts he/she had invested in the same. As mentioned earlier, today’s executives require taking advantage of the finest tools available, and one of them is competing. The art of competing in management refers to being upright for your respective position with a firm goal in mind. This technique is paid much importance in the modern management system, due to its proven capability of tackling increasing complications arising in the industry.
Now, the term compromising might sound odd when it comes to applying on a business scenario. Till yesterday, business was all about negotiation, argumentation and some way or the other, acquiring the upper-hand in the deal. In sheer contrast to that, the trend of compromising can be of much help when it is mainly about no-resolution or expanded conflicts. The particular resolution style is rather considered as a wiser approach that shall benefit your long-term relationship with the other party and bring the bigger picture into the scene. It is an absolutely safe approach when you are dealing with a crucial agreement, sanction or settlement conflicts. Managers shall be able to provide a smart resolution within a brief time-frame with utmost equivalence.
You might have come across the term ‘cooling off period,’ and this particular resolution is a lot like that. Taking up the specific approach is highly beneficial for the avoider. It is applicable for scenarios when managers are at a saturated point of decision-making for a particular project or require doing some peripheral research work before diving head straight into a decision. Hasty decisions can often result in adverse consequences in business which will eventually affect the entire pipeline. Thus, avoidance can be a suitable resolution for conflicts that have gone beyond your command. This resolution style is also applicable to the lesser significant issues. However, it is never a good solution when it comes to business rapport or relationship conflicts.
Last but not the least, collaboration is not merely counted as a resolution trend but also a useful tool in the current industry that undoubtedly promotes whole cycle management resolutions. None of the parties have to undergo any loop in the overall project and can reinforce to work as a team and move towards a common goal efficiently. This technique also strengthens the overall business ground by putting the business department heads on the same boat, bestowing the team with a win-win scenario. However, it is to be repurchased into the light that managers need to be mindful and educated at the same time about the tools of conflict resolution in management, which can be best imparted by profound academic training at the first place.
In relevance to the mentioned fact, the Indore Institute of Management Research (IIMR), standing as an A-ranked management institute across the nation, provides the management aspirants the best opportunity to incline as excellently skilled professionals in today’s highly competitive, real-world industry. The IIMR graduates have always been distinguished as preferred resources by the top-rated multinational organizations. We, at IIMR, efficiently emphasize on soft skillsets, business language fluency, and quality personal development that sits at the top of the requirement list of the current management industry. Our superior faculty group of IIMR teaches students to not only determine conflict resolution styles in management but also identify each of its nature and implement them in the right scenarios. We cordially welcome students to participate in the Management education program conducted by IIMR and become a part of the dynamic learning culture and acquire the best career placements in the near future.
IIST/IIP/IIMR management with a strong belief in Best Practices has extended hand-holding to its students during a tough time of COVID pandemic by giving -