Relationship between Conflict management strategies and economic growth of organisation
Date
2020-02-24
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Видавництво Львівської політехніки
Lviv Politechnic Publishing House
Lviv Politechnic Publishing House
Abstract
Conflicts are considered to be the most
unpredictable issues in organisations. It is mainly
associated with the opposing of ideas and actions which
results in causing a hostile state among the members that
affects the performance of the organization. Hence, it is
imperative for the organization to develop conflict
management strategies for avoiding conflicts that can
support in its growth. The aim of the following study is
to evaluate the relationship between the conflict
management strategies and economic growth of the
organisation. The research design that is selected for the
following study is triangulation method where the
researcher attempts to explain the association between
the conflicting management strategies and economic
growth through interview, questionnaire survey and
literature. As per the questionnaire survey, 85
professionals has completely provided with the data. In
this manner, the correlation technique is performed in
which it was identified that the conflict management and
economic growth has significant and positive
association. Moreover, the types of strategies that are
associated with the economic growth comprises of
accommodation, collective bargaining, compromising
and confrontation whereas avoidance is found to have
insignificant association with economic growth.
Moreover, the factors responsible for the conflicts are
poor communication and information gap. The adverse
effect of not resolving conflict is that it leads to
demotivation of employees and lower productivity.
Description
Keywords
Conflicts, economic growth, conflict management, conflict resolution, conflict management strategies, project management, workplace, productivity, growth
Citation
Kuzmin O. Relationship between Conflict management strategies and economic growth of organisation / O. Kuzmin, N. Stanasiuk, S. Maiti // Economics, Entrepreneurship, Management. — Lviv : Lviv Politechnic Publishing House, 2020. — Vol 7. — No 2. — P. 1–15.