Managers spend anywhere from 40 to 90% of their time dealing with conflicts in one form or another. This may be conflicts between people, departments, or external forces. Unresolved conflicts are the cited cause of nearly half of all employee resignations, and the parting of ways for business partners. Senior HR executives spend nearly 20% of their time in litigation activities, most of which directly relate to conflict in the workplace. As you can imagine, this causes a severe decrease in productivity and morale and costs businesses their bottom line. In some cases, conflicts jeopardize the entire organization and can lead to catastrophic business failure. Addressing conflict right away and effectively managing it can mean the difference between closing your doors or thriving to become a Fortune 500 company.

Consequences of Workplace Conflict on Employees:

  • High levels of stress
  • Loss of self-confidence
  • Depression, sleeping difficulties and weight problems
  • Deterioration of personal relationships
  • Irritable and difficult to work with
  • Withdrawal from team

Team- and Organizational-Level Consequences of Conflict:

  • Low morale
  • Increased absenteeism
  • Increased staff turnover
  • Decreased productivity
  • Mistrust in upper management
  • Inability to grow

At Benchmark Consulting Group, our team of former business executives has decades worth of experience preventing, identifying, managing, and overcoming conflicts in the business world. If your company is experiencing any of the symptoms listed above, contact us to see what we can do to help.