Business can be tricky. There is a lot involved with managing and maintaining a successful business with satisfied employees, customers, and leadership. However, even in the most smooth-running companies, disputes can arise. Knowing the most commonly occurring disputes and being able to identify them should they arise in your organization can help you with mediation and conflict resolution efforts.
Most Frequently Occurring Business Relations Disputes
· Employment disputes: Employment Disputes can arise for almost any reason. However, there are a number of employment disputes that are more likely to occur. These include: Discrimination based on sex, race, age disability, marital status, or any other form of employee discrimination; disagreement over salary or payment; maternity leave disputes; unfair dismissal charges; and disputes over representation at employment tribunals.
· Disputes between businesses: Business to business relationships can be very helpful in creating larger deals and gaining support in the business world. But these relationships can be complicated and delicate. When disagreements arise between companies they usually involve something larger than a personal dispute between two parties and require some serious and professional mediation or legal action.
· Partnership disputes: Disputes within the leadership of a company can be almost as sticky to deal with as disputes between companies. Partnerships in business can face irreparable damages, just like marriages partners can. They usually revolve around a change in leadership, a disagreement of direction, hiring disputes, and financial disputes.
· Breach of contract and breach of financial agreements: A breach of contract or financial agreement is a serious concern for business leaders. Contracts are legally binding documents that make agreements which must be upheld, either voluntarily or through legal enforcement. In a breach of contract a legal agreement is not honored by one or more of the involved parties, either through a failure to act or through direct violation of the agreement.
These agreements cover a wide spectrum of disputes that can arise in a business setting, but they do not capture the full spectrum. Arguments and disputes can happen in a business over almost anything. Luckily effective management and quick mediation can resolve many smaller disputes. But when larger disputes happen, such as those listed above, it can be helpful to get some professional assistance.