If you are a business owner or executive, and don’t have a great answer to this question, keep reading...
It results in firings and quittings, leads to increased recruiting, hiring, and on-boarding — and absolutely costs your company in both money and time.
Additionally, unresolved conflicts can lead to increased stress, anxiety, and even hostility among employees, and can cause reputational damage or even legal action.
Ultimately, the cost of ignoring workplace conflict can be significant in terms of time, money, and the well-being of your employees and your organization.
Many leaders see these outcomes as a cost of doing business.
I offer a fresh and innovative approach to executive and team coaching. I focus on transforming conflict into a productive and positive dynamic, leading to a thriving and more successful work environment.
Schedule AppointmentDespite its negative impact on businesses, addressing conflict in the workplace happens far less often than it should. A comprehensive study from 2021 revealed that conflict caused by poor communication costs businesses a staggering $1.2 trillion annually. This study also found that nearly 20% of an employee's work week was spent dealing with issues such as resolving unclear communication and following up on requests. Furthermore, 72% of leaders acknowledged that their team struggled to communicate effectively. Put simply, the cost of conflict in the workplace can add up quickly.
Read StudyContact me today to learn how my coaching can help you create a more positive and productive workplace.
Schedule Appointment