subject: Relationship, Relationship, Relationship [print this page] Everyone has heard the expression that in assets, the 3 biggest factors determining the price of someone's property are location, location, location. In business, the prime 3 factors that determine the success of your business are relationship, relationship, relationship. As a business leader or owner, you'll need positive relationships based on mutual trust and respect to require your business to a higher level.
You will need to appear at relationships on multiple levels.
Relationship with Self: As a result of everything I teach is concerning within-out empowerment, you cannot begin to look at relationships with others until you acknowledge the sort of relationship you have with yourself. Do you take care of yourself? Does one defend some time? Do you retain the promises and commitments you make with yourself?
Relationships with Your Managers: You want to understand the fable about the goose and also the golden eggs. A farmer was so excited concerning the goose he owned that kept laying him a golden egg each day that he learned that goose was the "money cow" and cut her open to urge the least bit the eggs inside. Clearly, there weren't any and he had simply killed the means that to urge additional golden eggs. If you do not treat your managers well, then they will be unable to provide your golden eggs.
Do your managers feel safe, supported, understood, important, revered and liked? Do they have choices? Are they in a position to figure unrestricted? Do they have any fun or helpful learning happening on the work?
Teamwork: Because the leader or owner, you're accountable for the amount of teamwork with your managers and their level of teamwork with those they supervise. How well do your people get along and support each different? Do they every acknowledge their own distinctive contribution to the ultimate goal? Do they all recognize their value in contributing to the mission and vision of your company?
Relationships together with your Customers: Do your purchasers or customers have respect for you and the product or service you provide? Do they buy from you as a result of they like you and your workers? Do you correct any wrongs quickly? Do you are taking client feedback seriously?
Relationships with Board or Shareholders: Do you have a good relationship with your Board of Administrators or your shareholders? Do you use in a manner that conjures up trust in you, your leadership and the work your company is doing? Do you tell the reality whether or not it suggests that admitting a slip-up on your part?
Relationship with Your Community: The definition of your "community" depends upon the character of your work. If you're a social service agency, then the connection along with your community would be the immediate area where you offer services. If your corporation is an Net business or serves a global market, then your community literally is the full world. Wherever you are doing business, you wish your public relations to be positive. You wish your community to trust and respect what you do.
I work with some individuals who have been discouraged with the less than honest business dealings of alternative individuals. In response, I've got stated that people who do business without regard to the link of those involved will be unsuccessful in building their business empire. Several have then countered with, "Well, they can just find new folks to do business with." That will have been true within the past.
However, we tend to live in a new age. This can be the information age. If you do something lacking integrity, word spreads. There are blogs, there are data boards, there's email, there's straightforward word of mouth. The methods for spreading information are many. When you behave during a but honorable manner, others quickly find out.
Individual trust, the trust of your people, complete trust and your reputation are all primarily based on the method you interact with people. The relationships you build, each in your personal and skilled life, are the items that will either propel you forward or stop you dead in your tracks. Produce relationships engineered on mutual trust and respect and you may be well on your method to developing the business you want.
