15 Tips for Reorganizing and Resolving Conflict with Your Business Partner – News Couple
ENTREPRENEUR

15 Tips for Reorganizing and Resolving Conflict with Your Business Partner


No matter how well compatible two business partners are, there will inevitably be times when they don’t meet face to face. However, when bigger issues arise and the partners are no longer on the same page, it is critical for both parties to get back on track to resolve their dispute. Otherwise, they risk making decisions (or not making decisions at all) that could ultimately harm the company and its culture.

If you and your business partner can’t agree on an important issue, remember first that you’re working toward the same goal: the good of the company. Next, try these 15 strategies recommended by Young Entrepreneur Council members to reorganize with your partner and resolve conflict.

1. Communicate with respect

Communication is the key to conflict resolution. Each person should actively listen and respectfully acknowledge the other’s opinions, and then work together to find a solution that works for all. Sometimes bringing in a non-participant in the form of a mediator may be helpful to resolve the dispute if no one is willing to compromise. – John Hall, Calendar

2. Remove the emotional component

You need to take the emotional component out of the discussion. Often, business partners are close friends or family members. When dealing with personal relationships, it’s easy to allow emotions to enrich the discussion. If the emotional component can’t be taken out, the medium is worth the effort. Then, after that, there is less potential for a ruined relationship. – Liam Leonard, DML Capital

3. Proving the facts

The best way to resolve conflict in any situation is to establish the facts. You cannot have a productive conversation if two people have completely different versions of reality. When we have disagreements in our office, we go over the main points and lay a groundwork for reality before getting into the discussion. – Chris Kristof, MonsterInsights

4. Finding common ground

If you’re a business partner, you probably got into this for the same reason and probably share goals. Find common ground to build agreement on making high-level decisions. If you both agree on the end goal, you can focus on the decisions that will get you there faster. When you share compatibility, you can reach your goals quickly and trust each other’s judgment. – Cody Candy, Bounce

5. Laying the foundation

It is best to address conflict of all kinds by first mentioning the overlap and the common task. In this case, it should be of interest to the company. Next, try empathy. Wear the attitude of the other partner and try to express their point of view as accurately and fairly as possible. Let them do the same for you. Think of these steps as the basis for a productive conversation. – Tyler Bray, TK Trailer Parts

6. Have an active hearing

To resolve disputes between business partners, try to conduct an active hearing. Use it to allow each partner to put forward their opinions for three to five minutes. While one partner is doing this, the other needs to actively listen without reacting. It’s a good way to better understand each partner’s opinions, discuss matters further and put aside differences to focus on a profitable partnership. – Thomas Griffin, OptinMonster

7. Release stress and have fun

Keep calm and do something fun. Go to a delicious lunch, play something everyone loves, or do any activity that everyone enjoys. This can release tension and stress that may cause each partner not to open their minds to the other’s thoughts. Once everyone is relaxed, a business conversation at the end of the day or the next can pay off. – Kevin Ryan Tao, Neuf

8. Focus on “interests”

A great way to reframe conflict is to treat it as “interests” rather than “positions.” Attitudes revolve around what the partner wants to do or not do, while interests focus on why they believe it or what their true desire is. When you focus on interests, it becomes easier to negotiate and find a solution that helps everyone without creating bad intentions. – Syed Balkhi, WPBeginner

9. Follow the dispute resolution process

It’s easier to prevent conflict when you have a clear communication policy. Regular assessment and evaluation tools can help leaders maintain awareness and sensitivity to one another. When conflict arises despite the measures taken, following the agreed process serves as resolution. Libby Rothschild, dietitian

10. Change your environment

Go off site. Oftentimes, deviant partners need to be out of the office, out of zoomed-in or out of their routine. Spend time in person and out of the office to discuss key issues, opportunities, and disagreements. – Ryan O’Connell, Bowman

11. Talk to a third party

Go to a coach together — which is a bit like commercial therapy — so everyone can acknowledge their opinions and points of view. Oftentimes, partners just want to be heard and everyone wants what is in the best interest of the company. Joe Appfelbaum, Ajax

12. Write down your thoughts

One tip I find useful when I don’t see eye to eye with a business partner is to have both parties write down their ideas before the actual meeting. You won’t get caught up in the moment and it can stop you from criticizing. Going back to your notes when you’re off track can help you become less emotional and see things from a more objective perspective. – Benjamin Rojas, All in One SEO

13. Find the root cause

We are good at pointing out the faults and flaws of others but not our own. We need someone to mediate and correct both sides, in order to come to a decision that allows both sides to compromise. Write down the issues you have, including the schedule and proof if necessary. Be prepared to listen and communicate. It is important to find the root cause without bias. – Daisy Jing, Banish

14. Be on time

It’s normal that you don’t always get along with your business partner. Conflict is healthy and helps you solve problems with others. But to ensure it doesn’t reach the point of no return, make sure you communicate your frustrations sooner rather than later. Holding on to your feelings will only lead to resentment and prevent your business from thriving. – Stephanie Wells, awesome shapes

15. Take a step back

It pays to take time out when you are in disagreement with your partner. Talk to each other and express your opinions and why or not you feel the need to take certain actions. Then walk away from the situation. Use the weekend to distract yourself and get away from the topic of contention for a while. When you bring it up again later, you’ll find it easier to work with. – Blair Williams, MemberPress



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