What's the Difference Between a Negotiation, Arbitration, and Mediation?

Negotiation. Involves two or more parties who arebuyer demands his money back. The seller accuses
engaged in direct discussions with each other in athe buyer of damaging the car himself. Instead of
concerted effort of reaching an agreement. Bothdealing with the matter in court, which can be both
parties use persuasion and influence to get the othercostly and time-consuming for both parties, they
party to see things their way.Example: Ainstead agree to hire a mediator and work out their
buyer and a salesman are negotiating a price for asituation out of court. A couple decide to get
car. A wife is negotiating with her husbanda divorce, but argue over who gets what. Instead of
over use of finances. A president iswaging legal war against each other, they decide to
negotiating with another country's leader to removework out their agreement with a divorce mediator. The
missile silos that threaten the security of themediator uncovers what the needs and interests are
nation.Arbitration. This is a form of resolving conflictfor both the husband and wife as well as separating
that is handled outside of court where both partiesthe emotions from the problems at hand.
come before a neutral third-party. The neutralTwo nations, on the verge of war after failed
third-party is usually a lawyer and the arbitrator listensnegotiations, agree to peace-talks. Neither side trusts
to both sides and then passes judgment on a winnerthe other side, so they ask for the help of a neutral
and a loser in much the same way as a judgerepresentative to act as mediator for their talks.
does.Example: Two employees are havingThrough the mediator, both stake-holding countries are
issues with each other. They take these issues to theable to work out an agreement and avoid war.©
boss. The boss hears both sides and then decides toCopyright 2006 by Tristan Loo. All rights reserved.For
fire one of the employees. Two siblings areover 10 years, Tristan Loo has inspired, motivated, and
having a fight and the mother gets involved. Thebrought success to the lives of the people he's
mother hears what they have to say, and of coursetouched. Successful in his own right, Tristan has
both siblings are pointing fingers at the other side. Thecompeted athletically against Olympians as a
mother decides to ground them both.Mediation. Similarworld-class gymnast, saved lives as a police officer,
to negotiation, but mediation involves the use of aauthored numerous Personal Development and
neutral third-party who assists the negotiating parties inInterpersonal Communication books and articles, and is
reaching an agreement. Mediation is used typicallya highly sought-after Personal Development Coach.
when direct negotiations have failed because theTristan is the founder of the Synergy Institute, a San
mediator can separate the people from the problemDiego based Personal Development Firm. His
much easier than the stakeholdersphilosophy of passionate living and helping others fulfill
can.Example A buyer purchases a used cartheir dreams has continually been the driving force that
from a seller. The car breaks down soon after. Thehas placed him well above the industry standard.