The fishbowl method is a discussion strategy where a small group of students sit in the center ("the fishbowl") and discuss a topic while the rest of the class listens in around them. It allows students to practice conversation skills and develop different perspectives. There are five main steps: 1) selecting a topic, 2) setting up chairs in a circle for the fishbowl, 3) preparing students, 4) discussing discussion norms, and 5) debriefing the discussion afterwards. The method provides greater interaction but requires ground rules to keep conversations focused.