relationship economics

 
November 9th, 2011

Decline of Your Reputation Capital

“Hi David – It’s good to hear from you and of the completion of your latest book.  After checking with my bosses I’m going to have to decline your request.  They don’t want me, or anyone else in the firm, endorsing others products including books. Best wishes on the release.”

That’s an email that you don’t expect to receive.  As many of you know, I’ve been working on the release of my 4th commercial book, Return on Impact – Leadership Strategies for the Age of Connected Relationships (ASAE, 2012).  As it’s customary, I’ve reached out to a dozen or so current and past clients with key insights about the book and have asked them for endorsements / testimonials of our work together.  Here are just two kind ones: Read the rest of this entry »

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November 3rd, 2011

First Impressions From 7 Seconds to 10 Minutes

Did you know that most people make up their first impression of someone in the first 7-10 seconds of interacting with them?  The amazing aspect is that the other person doesn’t even have to say anything!  It has a great deal to do with how they look, how they carry themselves, and the context of the interaction – whether they were on time, who they were with, how they arrived, etc.

More importantly, once an initial interaction has been established, sociologists tell us that we give a little, they take, they judge, they give a little, we take, we judge, and we give a little more back.  This exchange continues for some time and the more comfortable we feel in that interaction, the more we tend to get beyond a facade and share pertinent or particularly valuable information.  As such, most people cement their initial impression in the first 10 minutes of the interaction.  Most people have two opportunities from that initial interaction – they’ll either enhance their perceived credibility or dilute it.  In what they say, what they do, how they behave, the value-add they bring to the table, and the caliber of the questions they ask! Read the rest of this entry »

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September 30th, 2011

Relationship Value Pyramid – Portfolio Relationships

Exclusively for RENetworks Members…

Heading towards the top of our pyramid are the go-to people in your portfolio of relationships. They are subject matter, geographic, or functional experts. Your interactions are frequent and your relationship is very collaborative. The relationship is one of equal stature and perceived value-add. If value is diminished…

Sign Up on RENetworks to learn more, get this and other weekly Relationship Economics Tip of the Week, get notified of our upcoming webinars, and get access to other resources like articles and white papers.

To learn more about how to become a member, click on the logo below:

 


Interested in learning more? Be sure to take advantage of the additional resources Relationship Economics has to offer:

 

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September 29th, 2011

Relationship Value Pyramid – Investment Relationships

Exclusively for RENetworks Members…

Moving up our pyramid we have Investment Relationships. Your interaction is regular, your relationship cooperative. Members of this group are a lot like you. Found in this category are those individuals with which you have a high degree of behavioral and psychological profile similarities. Take the time to get to know them better, collaborate more frequently, and develop a closer relationship. The tactics and the ethics of your relationship with this category are…

Sign Up on RENetworks to learn more, get this and other weekly Relationship Economics Tip of the Week, get notified of our upcoming webinars, and get access to other resources like articles and white papers.

To learn more about how to become a member, click on the logo below:



Interested in learning more? Be sure to take advantage of the additional resources Relationship Economics has to offer:

 

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September 19th, 2011

Relationship Economics Tip of the Week: Your Priorities Determine Your Capacity

Exclusively for RENetworks Members…

Have you ever seen the illustration of a container half full of gravel, and when a group of good-sized rocks are added to it, simply overflows?  Take the same container and put the rocks in first and when you pour the gravel over it next, it actually fits the container quite nicely without overflowing?

It’s a classic example of how your priorities determine your capacity.  It’s also a concept, which applies to your portfolio of relationships.  If you find yourself frustrated because you’re ignoring some of your most valuable relationships…

Sign Up on RENetworks to learn more, get this and other weekly Relationship Economics Tip of the Week, get notified of our upcoming webinars, and get access to other resources like articles and white papers.

To learn more about how to become a member, click on the logo below:

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Interested in learning more? Be sure to take advantage of the additional resources Relationship Economics has to offer:

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February 7th, 2011

The People You Need The Most, You May Like The Least!

Recently, a CEO asked me to spend some time with two of his prominent senior executives, whom I’ll call John & Nancy.  These two got along so well that they could literally finish each other’s sentences; they were equally creative, spontaneous and enthusiastic, and had very similar approaches to solving problems.  I found them to be jovial and fun, engaging, and motivating.

And a complete waste of the company’s resources (time, effort and capital) in their respective roles! Read the rest of this entry »

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