Compromise Negotiation

Compromise negotiation is a process where two or more parties with different interests work together to reach an agreement by making mutual concessions. Each side gives up some demands to find a middle ground that is acceptable to all, balancing their priorities. It’s a practical approach often used in situations like business deals or personal disagreements, aiming to resolve conflicts efficiently without one side fully winning or losing. The goal is to find a workable solution that respects each party’s needs, fostering cooperation and avoiding prolonged disputes.