Aren’t your business relationships an extension of how you interact in your personal relations..? Do you treat your business partners with same standards as you treat your personal relations?
It won’t take long for an intelligent person to understand that the four key elements that one needs to incorporate into any business transaction or relationship
The four key elements of any successful business relationships are:
TRUST – Business relationships are a two way street. Both parties should come out of the relationship having gained something. If only one party wins, then it's an unfair relationship.
One needs to be able to trust a business partner and vendor. If that a partner is not living up to their obligations in being trustworthy, then the relationship may be severed. I believe that the same expectation must be extended to us by our customers and business partners. If we are not honest with our customers and business partners then why would they continue to do business with us? They wouldn't.
RELIABILITY - I believe that it's our duty as a business person to offer reliable services to our customers. We do not gain by over committing our selves and taking on to deliver what we can not in terms of products, services or time to serve etc.
HONESTY- It's definitely in your best interest as a businessperson to conduct yourself in an honest manner. I believe that people need to present the truth as they see it and be honest with their customers and business partners. If your partners and customers see you as an honest person then they will be more likely to do more business with you.
INTEGRITY - Integrity is defined by dictionary.com as having a strong moral and ethical code. Each person has a different code of morals and ethics and I'm not saying that it has to come from a set of belief system.
I believe that every businessperson needs to form their own code of conduct. That code of conduct needs to have a set of morals and ethics. This set of morals and ethics is like a road map and must be consistently applied.
If you adhere to your set of morals and ethics you will conduct yourself with integrity.
Your business partners and customers will see you as a principled person who has a set of standards that can be trusted.
I believe that incorporating trust, reliability, honesty and integrity into your business relationships are vital to being a success in business…! Happy relating..!!!