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Archive for category Business Relationships Exercise

What Makes a Good Business Relationship?

If I were to ask you to list the qualities that make a really solid personal relationship, I’ll bet you could do that in a heartbeat. You’d probably start the list with things like trust, respect, empathy, communication, integrity, understanding, listening, etc.

I wonder if those same words would be at the top of your list for a good business relationship. . .

Ask any successful sales person, and they will tell you that business relationships are built on exactly the same principles as personal ones ~ trust, respect, etc.

And if you are meeting face to face with your clients on a regular basis, establishing those things is pretty easy to do, because you have business relationship with them that is based on personal interaction.

What about the relationships you have - or want to have - with people you will never meet? How do you develop that level of trust with them? How do you convey to them that you are listening, you do understand, and you do respect them?

Not quite as easy.

Perhaps a little imagination is in order.

First, and foremost, make sure that you really feel those things towards your clients. Insincerity will almost always come through when you are communicating through one-way communications (like advertising, marketing, websites, etc.)

It’s easy to  focus on telling your story - what you have to offer, it’s benefits, how to use it, etc. It takes a bit more creativity to build the perception of listening, mutual respect, and empathy into these types of communications. Yet, it is being done.

Are you ready to do a little research to see how some companies are doing this successfully?

OK –

Think about a business relationship you have where you are the client/customer, and you don’t personally  know the person or company you are purchasing from. Pick one where you really like doing business with this company.

What do they do that inspires and maintains your trust? Why do you like doing business with them? How did they initially convince you that this relationship would be a win-win - before they had a track record with you?  What was it that made you pick them over a competitor?

Jot down a few notes…and then let’s jump to the other side of the fence.

Can you take this experience, add some imaginative touches, change it up to match your business, and use it to attract new clients and build relationships with them?

Sometimes personal experience is a great teacher.

Just Imagine That!

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Why Different Types of Business Relationships are the Same

Not long ago I was talking with a friend of mine that works for a company that is currently going through an exercise that has become fairly standard operating procedure today: management is trying to figure out how to trim operating costs while still producing the same quality product and delivering even better customer service. (Sound familiar?)

To help with this analysis, all employees were asked to complete two short questions.
Question 1 – List five people in the company with whom you interact the most.
Question 2  - List five people in the company who you feel are most important to your ability to do your job well.

On the surface, this doesn’t sound like too hard of an assignment. Relatively straightforward and simple to complete. 

Actually the only reason my friend brought it up was because she was surprised that her two lists were so different.

This sparked my curiosity and got me thinking. And I filled out my two lists about a corporate position I held a while back. 

How about you?  Wonder what your two lists would look like?

Well, why don’t you take a minute and answer the two questions.

 (I’ll wait right here!)

So, what did you find out? Do your lists overlap or are they different? Were you surprised?

Whether you were surprised or not, why is this significant?

Well, in the context of doing business, we encounter a wide variety of types of relationships - clients, team members, support people, assistants and bosses. And we can classify them in many different ways – frequency of interaction, significance, direct, indirect, involved or peripheral. But they all have something in common.

They are all relationships.  And relationships are maintained and strengthened when they are acknowledged and when something of similar perceived value is exchanged.

So, if you were to take one simple step today to acknowledge and nurture the relationships on your lists, what would you do? How can you show people you have a business relationship with that you value them?

How about giving this a try to see how it works for you:  Pick one person from your second list that surprised you or that took a little longer to pin point. At some point today, stop by their office or desk, or give them a call, and tell them thank you for making it easier for you to do your job well.  Don’t worry about telling them how they do that….just tell them thank you.

A genuine thank you is always a good start!

Just Imagine That!

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