No matter if you’re an employee, or an independent contractor, the solidity of your business relations is the foundation of how smoothly your company runs. That’s why it’s essential to make building strong business relationships one of your most important priorities. Robert Kiyosaki said it best: “Who you know is more valuable than the work you do.” Here are some strategies to maintain and develop effective business relationships.
Business Relationships
The term “business relationship” is a broad term that encompasses all kinds of connections that influences a company’s plan of action. According to Pamela Rucker a professional development instructor at Harvard, companies need to be aware of four types of business relationships: customer, team members and stakeholders, ecosystems, and industry.
To effectively manage these relationships, it is essential to focus on open communication and consistency. This includes publishing useful content that is thought-provoking, responding to questions promptly on social media and in person or taking any other action which will benefit your business partners/clients in a consultative capacity. It is also crucial to follow up on projects that have been completed with your contacts from your business. You’ll be able show your worth, and make sure that you aren’t overlooked. Don’t over-promise or under-deliver on your business contacts, neither. People are more likely to trust you and connect with your business connections when you fulfill your promises.