Fact-Finder

Posted in Human Resource Terms, Total Reads: 572
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Definition: Fact-Finder

A fact-finder is a neutral-person is assigned the task of finding facts from the arguments and evidences provided by different parties and providing a non-binding report on these findings. The fact-finder is neither a mediator nor a judge. The fact-finder’s main aim is to understand the substance of the case and find out facts from each party’s version of it and in most cases, recommend further steps or a settlement on the basis of these facts.


Goals of a fact-finder

a) Bring disputing parties to an agreement by providing a solution based on case facts

b) Investigation of irregularities or illegalities – an organization may appoint an external or an internal fact-finder to identify the irregularities in accounts or illegalities in operations

c) Identify the disputing party which is presenting the facts accurately

E.g. If a company claims to have designed a car which provides a mileage of 40km per liter of petrol and a competitor disputes the claim, a fact-finder can help discover the truth.

d) Identify the future course of action on the basis of the current scenarios provided by the concerned parties.

 

Hence, this concludes the definition of Fact-Finder along with its overview.

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