Business Decision Making
Consensus building is a collaborative process aimed at reaching an agreement among diverse stakeholders or group members. This approach seeks to understand and incorporate different perspectives to create a solution that is acceptable to everyone involved, promoting cooperation and reducing conflict. It is essential for effective decision-making, especially in culturally diverse groups and multinational teams, where varying cultural norms can influence opinions and choices.
congrats on reading the definition of Consensus Building. now let's actually learn it.