What do you do if your collaborative efforts as an economist are hindered by conflicting opinions?

2 Seek Common Goals

Despite differing opinions, it’s crucial to identify shared objectives. As economists, you're ultimately working towards a common goal, be it understanding a market trend or advising on policy. Focusing on what unites the team rather than what divides it can help reframe the conversation. It encourages collaboration and can lead to innovative approaches that might not have been considered if everyone were in agreement from the start.

4 Compromise Effectively

Finding a compromise is often the key to moving forward when opinions clash. It requires flexibility and the willingness to concede certain points for the greater good of the project. As an economist, you must weigh the costs and benefits of each opinion and find a middle ground that satisfies the most critical aspects of each viewpoint. Effective compromise doesn’t mean everyone wins equally, but it does mean that the solution is workable for all parties involved.

5 Utilize Mediation

Sometimes, despite your best efforts, you may find it impossible to resolve conflicts internally. In such cases, bringing in a neutral third party can be beneficial. A mediator with experience in economics can help clarify misunderstandings, facilitate discussions, and propose solutions that might not have been apparent to those involved in the dispute. This can help preserve professional relationships and ensure that collaborative efforts remain on track.

7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?