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In a world inundated with increasing levels of globalization, corporations have become key players in the world arena, impacting all areas of the social, political and economic fabric of the international community. This paper analyzes the relationship between the private sector and conflict, stating that “Business and peace are already linked, whether business realizes (and likes) it or not.” The paper contends that corporations must recognize this critical link and give it their due attention, while exploring the costs entailed by businesses and the greater international community if issues relating to peace and security are not incorporated in their strategic planning. The authors also dispel myths surrounding the connections between the private sector and the field of peacebuilding, offering insight into how non-governmental organizations, the private sector, citizens and politicians can engage in creating positive societal value. By optimizing external multipliers of business operations, engaging in social investment, stakeholder consultation, policy dialogue, advocacy and civic institution building, including collaborations with other companies, the authors contend that the private industry will benefit in the long-run. While many businesses are beginning to recognize that conflict resolution and peacebuilding are not solely political initiatives, there remains great potential for the private sector to embrace the field of conflict resolution as a powerful instrument fostering a company’s long-term growth. Likewise, practitioners in the field of conflict resolution must partner with businesses on these important endeavors.