Definitions
- Referring to the process of resolving a dispute or conflict between two parties. - Describing the act of making a decision or judgment on a matter in a formal or legal setting. - Talking about a neutral third party who listens to both sides and makes a final decision.
- Referring to the process of facilitating a conversation or negotiation between two parties to reach a resolution. - Describing the act of helping conflicting parties find common ground and understand each other's perspectives. - Talking about a neutral third party who assists in finding a mutually agreeable solution.
List of Similarities
- 1Both involve resolving conflicts or disputes.
- 2Both require a neutral third party to assist in the process.
- 3Both aim to find a resolution that satisfies all parties involved.
- 4Both involve facilitating communication and understanding between conflicting parties.
What is the difference?
- 1Role: An arbitrator makes a final decision or judgment, while a mediator facilitates communication and helps parties find a resolution themselves.
- 2Approach: Arbitration is more formal and legal, while mediation is often used in informal or non-legal settings.
- 3Power: An arbitrator has the authority to impose a decision, while a mediator does not have decision-making power and relies on the parties' agreement.
- 4Outcome: In arbitration, there is a binding decision, while in mediation, the outcome is voluntary and based on mutual agreement.
- 5Focus: Arbitration focuses on reaching a final decision, while mediation emphasizes fostering communication and understanding between parties.
Remember this!
Arbitrate and mediate are both methods of resolving conflicts or disputes with the help of a neutral third party. However, the difference lies in their approach and role. Arbitration involves a formal process where an arbitrator makes a final decision, while mediation focuses on facilitating communication and helping parties find a resolution themselves through mutual agreement.
