Win-win Situation

Definition: a Win-win Situation is a collaboration philosphy and Game Theory scenario in which all participants can profit from a situation in one way or the other.
In conflict resolution, a win-win strategy is a conflict resolution process that aims to accommodate all disputants.
It is different from a zero-sum game, in which there is by necessity always a looser if there is a winner.
It is the opposite of a no-win situation, in which by necessity always all participants lose or all options are negative.

More on win-win situations. More on collaboration: Backward Integration, Forward Integration, Joint Venture, Quasi-Vertical Integration, Strategic Alliance, more...