M/s 1. M/s Landmark Construction is facing severe issues between the Management & its union on salaries and other matters. Both the parties are extremely strong & are not willing to budge from their respective stands. As an external consultant, you have been advised to identify & verify all possible conflict resolution techniques. Enlist the advantages & disadvantages of each of these techniques & suggest the best possible conflict resolution technique to solve this standoff between the management & the union.
Answers
The best possible conflict resolution technique
Explanation:
- Conciliation
Conciliation means act of reconciling differences between the management & the union. Conciliation is a type of collective bargaining with the lack of its spirit. The lack of spirit implies the interference of the third party.
- Arbitration
Arbitration is the process in which a neutral party listens to the conflicts of the management & the union and makes decision for the parties. Its is a speedy settlement process. But if the the management & the union is not convinced about the decision of arbitrators then it will become a problem.
- Adjudication
Adjudication is the process of intervention in a dispute by a third party appointed by the Government to settle the conflict. It has made to stop strikes and lockouts. But it causes financial and emotional problems on the management & the union.
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suggest the best possible conflict resolution technique to solve this standoff between the management & the union
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