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Mediation Techniques for Family Business Disputes
Mediation Techniques for Family Business Disputes
Order ID 53003233773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
Mediation Techniques for Family Business Disputes
Mediation is a process that provides a constructive and collaborative platform for resolving disputes. In family businesses, where emotions and personal relationships are often intertwined with business matters, mediation can be a highly effective method for resolving disputes and preserving relationships. Here are some key techniques for mediating family business disputes:
Preparation: Before the mediation process begins, both parties should be made aware of the purpose and process of mediation. They should be encouraged to gather all relevant information, including financial records and any documentation related to the dispute.
Active Listening: During the mediation process, it is essential for the mediator to actively listen to both parties. The mediator should allow each party to express their views and feelings without interruption, and should help each party to understand the other’s perspective.
Empathy and Understanding: The mediator should show empathy and understanding towards both parties and their perspectives. This can help to build trust and create a supportive and non-threatening environment, making it easier for parties to communicate and find common ground.
Facilitation of Communication: The mediator should help both parties to communicate effectively by guiding the conversation and facilitating open and honest dialogue. The mediator should also help each party to understand the other’s needs and goals, and to identify areas of common ground.
Identifying Issues: The mediator should help the parties to identify the root causes of the dispute and to focus on the underlying issues. This can help to prevent the dispute from becoming mired in secondary or irrelevant matters, and can lead to a more efficient and effective resolution.
Brainstorming: The mediator can help both parties to generate creative and innovative solutions to the dispute by encouraging them to brainstorm and consider a range of options. This can help to break through impasses and lead to a mutually acceptable resolution.
Interest-Based Negotiations: The mediator should encourage the parties to negotiate based on their underlying interests, rather than on positions or demands. This can help to create a win-win solution, in which both parties feel that their needs and goals have been met.
Use of Power and Authority: The mediator should use their power and authority judiciously and only as needed to keep the negotiation process on track and prevent it from becoming adversarial or confrontational.
Written Agreement: The mediation process should culminate in a written agreement that sets out the terms of the resolution and the obligations of each party. This agreement should be signed by both parties and should be legally binding.
In conclusion, mediation is a valuable tool for resolving family business disputes, and can help to preserve relationships and ensure the long-term success of the business. By using the techniques outlined above, a mediator can help both parties to communicate effectively, identify the root causes of the dispute, and find a mutually acceptable resolution.
Mediation Techniques for Family Business Disputes
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. 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The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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