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Dec 11, 2024
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FBE 530 - Negotiation and Conflict Resolution Strategies 3.00 credits. The combination of family dynamics, shared ownership, and family and non-family management is a powerful strength for family firms. However, it could develop into conflicts the threaten the continuity and growth of the company or even its existence. Every company needs a healthy dose of discussions, debates, and disagreements, that could ensure the continuing improvement of the organization, if managed properly. The course introduces the key negotiation and conflict resolution strategies that mitigate the dramatic outcomes that the business could face. Understanding the nature of conflict and mastering the tools on how to manage it represents one of the most important practical skills that will serve students well beyond a business settings proving valuable in multiple life situations.
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