How can transparency improve conflict management in BRM?
Conflict is inevitable in any business relationship, especially when different stakeholders have different expectations, interests, and perspectives. However, conflict can also be an opportunity for learning, innovation, and improvement if managed effectively. One of the key factors that can enhance conflict management in business relationship management (BRM) is transparency. Transparency refers to the openness, honesty, and clarity of communication and information sharing between the BRM and the business partners. In this article, we will explore how transparency can improve conflict management in BRM in four ways: by building trust, by reducing ambiguity, by facilitating collaboration, and by promoting accountability.