Custom Writing Help For You!

Special Discounts Offers! 20-30% Off!

Posted: September 6th, 2023

Role of Corporate Governance in Resolving Conflict in the Workplace


Role of Corporate Governance in Resolving Conflict in the Workplace

– Introduction (100 words)

– Body (With subheadings) (800 words)

– Conclusion (100 words)
Corporate governance plays an important role in managing conflict within organizations. Effective governance policies and procedures can help resolve disputes between employees, departments, and leadership in a constructive manner. This article will explore how principles of transparency, accountability, fairness, and participation can mitigate workplace tensions and promote cooperation.
Promoting Transparency (300 words)
One of the most effective ways corporate governance can reduce conflict is by promoting transparency. When policies, processes, and decision-making are clearly communicated throughout an organization, it prevents misunderstandings and perceptions of unfair treatment from arising. Transparency establishes trust between employees and management. For example, having transparent performance review procedures that outline the criteria and process used to evaluate employees prevents disagreements over evaluation outcomes. It is also important to transparently communicate the rationale behind major decisions that impact employees. This allows people to understand different perspectives and be part of the solution, rather than feeling left in the dark about changes.
Ensuring Accountability (300 words)
Closely related to transparency is accountability. Strong corporate governance frameworks outline responsibilities and establish mechanisms to ensure all parties are accountable for their actions and decisions. For instance, having clear codes of conduct for professional behavior holds both management and employees responsible for treating each other, and resolving disputes, with respect. Implementing accessible whistleblower policies and anti-retaliation protections provides avenues for employees to formally address unethical or illegal conduct without fear of recrimination. Conducting independent investigations into harassment or discrimination complaints also promotes impartial resolutions. Overall, well-defined accountability measures reassure employees that proper procedures are in place to address conflicts or grievances in a fair manner.
Promoting Fairness in Decision-Making (200 words)
Fairness is another cornerstone of good corporate governance that can de-escalate workplace tensions. Having diverse and representative committees overseeing human resource policies helps ensure different perspectives are considered to arrive at balanced decisions. It is also important management decisions impacting employees, like restructuring or performance reviews, involve objective criteria applied consistently. Providing appeal processes allows re-examination of decisions perceived as unfair. Promoting the use of mediators or ombudspersons trained in resolving disputes impartially can also find solutions both parties find equitable. Overall, demonstrating fairness and equal treatment of all employees through governance fosters higher levels of trust and cooperation.
Encouraging Participation and Input (200 words)
Allowing employee participation and input into governance processes can help resolve conflicts before they escalate. Conducting regular engagement surveys provides a confidential platform to privately address any issues or concerns. Having open-door policies where employees can approach leadership demonstrates a willingness to listen and take grievances seriously. Establishing committees and forums, both online and offline, where employees and managers can jointly discuss and solve workplace problems collaboratively fosters greater understanding between parties. Employee resource or advocacy groups can also act as a liaison to elevate issues to leadership. Overall, participatory governance builds ownership over solutions and prevents disruptions from festering when employees feel their voices are heard.
Conclusion (100 words)
In conclusion, strong principles of transparency, accountability, fairness and participation embedded within a company’s corporate governance framework play an important role in mitigating and constructively resolving conflicts in the workplace. Adopting these governance best practices establishes trust between employees and management to cooperatively address disputes as they arise.
Bush, T. (2020). Transparency and trust in organizational decision making: A leadership perspective. Journal of Educational Administration, 58(1), 98-110.
Gill, D. L. (2018). Using a theory of visual argument to analyze corporate governance visuals. Business and Society Review, 123(3), 417-446. research paper writing service
Kaptein, M. (2019). The effectiveness of ethics programs: The role of scope, composition, and sequence. Journal of Business Ethics, 158(2), 415-431.
Mayer, D. M., Kuenzi, M., Greenbaum, R., Bardes, M., & Salvador, R. B. (2009). How low does ethical leadership flow? Test of a trickle-down model. Organizational Behavior and Human Decision Processes, 108(1), 1-13.

Tags: , , , , , , , , , , ,

Order for this Paper or similar Answer/Assignment Writing Service

Place your order by filling a guided instructions form in 3 easy steps.

Why choose our Study Bay Services?

Like every student, Focusing on achieving the best grades is our main goal

Top Essay Writers

We have carefully cultivated a team of exceptional academic writers, each with specialized expertise in particular subject areas and a proven track record of research writing excellence. Our writers undergo rigorous screening and evaluation to ensure they hold relevant advanced degrees and demonstrate mastery of English grammar, citation style, and research methodology. Recent projects completed by our writers include research papers on topics such as sustainable energy policy, cognitive behavioral therapy, and molecular genetics.

Student-Based Prices

We prioritize attracting highly skilled writers through competitive pay and strive to offer the most cost-effective services for students. References from recent years include surveys of customer satisfaction with online writing services conducted by the American Customer Satisfaction Index between 2018 to 2022, demonstrating our commitment to balancing affordable costs with high standards of work through positive reviews and retention of expert writers.

100% Plagiarism-Free

We guarantee 100% original and plagiarism-free final work through a thorough scanning of every draft copy using advanced plagiarism detection software before release, ensuring authentic and high-quality content for our valued customers. To note, we also do not generate assignment content with AI tool, thus you a guaranteed 0% similarity index for your final research paper.

How it works

When you decide to place an order with Study Pro Essay, here is what happens:

Complete the Order Form

You will complete our order form, filling in all of the fields and giving us as much detail as possible.

Assignment of Writer

We analyze your order and match it with a writer who has the unique qualifications to complete it, and he begins from scratch.

Order in Production and Delivered

You and,the support and your writer communicate directly during the process, and, once you receive the final draft, you either approve it or ask for revisions.

Giving us Feedback (and other options)

We want to know how your experience went. You can read other clients’ testimonials too. And among many options, you can choose a favorite writer.