Regardless of the extent of their friction, divorcing parents who manage to engage in greatly improve their children's chances of growing up competent, stable, and happy.

- Co-parenting.

Explanation:

Co-parenting is elucidated as the method of parenting in which both the parents are although not involved with each other romantically but still considers and give importance to their join-responsibility of raising the child and inculcating good values in them.

As per the question, 'co-parenting' is the process when parents irrespective of the degree of friction that exists between them and are being divorced but still considers their joint-duty or responsibility of upbringing the child and thus, this promotes the chances of child to grow up a stable, happy, and competent individual. These parents despite their individual differences successfully inculcate good values in the child.