This report delves into the concept of conflict management, defining it as the process of understanding, identifying, and effectively handling conflicts in a fair manner within the workplace. The study emphasizes the importance of conflict management in fostering improved professional relationships and enhancing workplace productivity. The report examines various skills essential for effective conflict management, including communication, active listening, patience, positive attitude, critical analysis, and impartiality. It explores how these skills contribute to resolving conflicts, improving understanding among colleagues, and creating a more positive and productive work environment. Furthermore, the report highlights strategies to improve professional relationships, such as empowering employees, focusing on communication, and finding overlapping interests to build bridges across barriers. The conclusion summarizes the key takeaways, reinforcing the significance of conflict management in promoting business productivity and establishing positive professional relationships.