As it has been said, no man is an island, and this applies to the business world too. Relationships hold companies together and fuel future growth. From connecting with customers to forging high-performing teams, success depends on everyone working well together.In The Relationship Engine, author and business consultant Ed Wallace has provided the tools you need to become an intentional, masterful relationship-builder. Whether you are working with employees or associates, vendors or customers, you will learn how to:• Establish common ground• Focus on collaboration instead of command• Put people before process• Demonstrate worthy intent• Make every interaction matterThis insightful and practical guide also includes: a powerful RQ Assessment designed to measure and evaluate business relationships; a Relational Agility Action Planner; lateral and vertical strategy templates; and other simple yet effective exercises to help you get started strengthening your relationships.Don’t fall into the trap of prioritizing potential relationships over established ones. Your success depends not on who you don’t yet know, but on who you already know. Learn how to make caring, real-life connections with those you do business with, and let those relationships expand your networking opportunities for you!
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Ed Wallace consults with and speaks for corporations and associations across the globe with a client list that is a Who's Who of Fortune 500 companies. He is the author of Fares to Friends, Creating Relational Capital, Business Relationships That Last, and his most recent the #1 best seller, The Relationship Engine. Ed was recently published in the Harvard Business Review. In addition, he is currently on the Executive Education faculty of Drexel's LeBow College of Business and Villanova University's Human Resources Master's program. https://www.linkedin.com/in/edwallace007/
While many leaders prioritize new product development, real estate, and competitive intelligence—hard assets and figures that can be plugged into spreadsheets—research reveals that core business relationships are the true catalyst driving high performance.
At the same time, business relationships are unpredictable and hard to measure. They’re rarely captured on organizational charts or strategic plans. Most leaders, in fact, leave business relationships to chance, and simply hope that cross-generational conflicts, organizational complexity, and other barriers won’t interfere with making real connections.
The Relationship Engine replaces this haphazard approach with an easy-to-follow plan. Eye-opening and deeply empowering, the book helps leaders cultivate and gauge the impact of their most critical asset, relationships. It all starts with five foundational principles that set the stage for personal growth and real business performance:
• Display worthy intent. Intentionally putting other people’s interests before your own is the bedrock of effective human relationships.
• Care about people’s goals, passions, and struggles. By treating the goals of others as your own, you can, ironically, further yours as well.
• Make every interaction matter. Even fleeting moments in the cafeteria or hallways can trig—ger solid, even career advancing relationships.
• Value people before processes. Process-centric companies are no match for happy people creating happy customers.
• Connect performance to a purpose. Nothing brings fulfillment and success like making a difference in the world.
Strategies, case stories, and original assessments help you leverage these principles to become an influential relational leader and create positive experiences across the ranks. You’ll learn to consciously connect your goals to important business relationships, actively strive to reach those goals by moving relationships from casual colleagues to fierce advocates, measure the strength of the relationships using the RQ® Assessment tool, and more.
Getting people to commit to the mission, share ideas, and collaborate to achieve results is every leader’s dream. The Relationship Engine supplies the insights and tools to turn it into reality.
Ed Wallace is president and chief relationship officer of The Relational Capital Group, a consultancy that serves many Fortune 500 clients. He is also on the executive education faculty at Drexel’s LeBow College of Business and Villanova University’s Human Resources Master’s program. He is the author of Business Relationships That Last.
PREFACE The Power of Worthy Intent, xix,
INTRODUCTION: The New Value Proposition for Leaders, 1,
PART I THE FIVE PRINCIPLES OF THE RELATIONAL LEADER, 9,
1 The Relationship Paradox, 11,
2 Principle #1: Display Worthy Intent, 31,
3 Principle #2: Care about People's Goals, Passions and Struggles, 49,
4 Principle #3: Make Every Interaction Matter, 71,
5 Principle #4: Value People Before Processes, 81,
6 Principle #5: Connect Performance to a Purpose, 89,
PART I EXECUTIVE SUMMARY, 98,
PART II RELATIONAL AGILITY: HARNESSING THE POWER OF WORTHY INTENT, 101,
7 The Relational Agility Process: Navigating the Complexity, 103,
8 Launching Business Relationships with Colleagues, 119,
9 Advancing Relationships with Professional Peers, 137,
10 Elevating Relationships with Advocates, 151,
PART II EXECUTIVE SUMMARY, 101,
PART III BECOMING A RELATIONAL LEADER: A PRACTICAL APPROACH, 103,
11 Tools for the Relational Leader, 105,
12 Take the Relational Leader Challenge, 177,
13 Five Ways to Sustain the Relationships You Create, 191,
Appendix: Relational Ladder Abstract, 197,
Endnotes, 203,
Glossary, 205,
Index, 209,
Other Books by Ed Wallace, 217,
THE RELATIONSHIP PARADOX
If strong relationships are critical to leaders and a requirement for their success in an organization, why do so few of them say they actually do anything intentional or systematic toward developing them? Why do I continually hear that "business relationships are difficult"? Sure, it's true that relationships can be difficult, awkward and unpredictable, and they can certainly be challenging to measure. In fact, all of those reasons lead to the opportunity to explore how diversely people view business relationships. In order to do that, please take a few minutes to complete the following sentence:
People like to work with people they ... _____
You might answer along these lines:
* Like
* Trust
* Know
* Respect
* Are challenged by
* View as genuine
* Understand
* Are introduced to
* Believe in
* Care about
* Worked with before
* Have fun with
* Share common goals with
I call these "relational attributes," attributes we attach to people we like to work with. Hopefully, these are also attributes that others value and see in us. We all instinctively know what goes into a great business relationship and many of these relational attributes relate to our personal relationships as well, and data supports it.
A recent study revealed that 89 percent of senior executives across all major functional areas believe that relationships are the key to their success year over year. Yet, the study went on to indicate that only 24 percent actually do anything intentionally about this important element of their success. Remarkably, those 24 percent indicated that they relied on their Customer Relationship Management (CRM) systems to manage their human relationships! Good luck with that.
Do you believe that there's really an R in CRM systems? I find that human beings put the R in CRM systems, so it seems a bit presumptuous to me that these really smart folks are relying on technology to help them accomplish an essential "human calculation." Please think for a minute as to why would they even try to take this shortcut.
The answers are the same.
Business relationships ...
* Are awkward
* Take an investment of time
* Are challenging to measure
* Cannot be prioritized
* Are unpredictable
Whatever your answer was from the above responses, I assure you someone else has had the same hesitation. Other answers I often hear are "I'm not sure which relationships are the right ones"; "I have over five hundred LinkedIn connections and it's hard to tell where I stand with them"; or "I just don't have relationship building in my DNA." The response I am most surprised by is "I'm not sure of the return on my investment in relationships." This is also amusing because it contradicts what was just declared empirically as the critical factor for success. How many company presidents make the bold statement "My company is built on relationships"? In fact, the study went on to indicate that fewer than 5 percent of organizations actually have any specific strategies for helping their professionals develop and strengthen the relationships required to achieve their goals.
So people do acknowledge the importance of business relationships but since they don't easily fit into a spreadsheet, companies and organizations often ignore or lose their true strategic value and create few systems to directly encourage or support them. Relationships are often left to chance and simply occur in ad hoc patterns in what I call "relational ad-libs." Risky business to say the least when so much is at stake. That's why I call this problem the Relationship Paradox.
THE ESSENCE OF iNTENTiON: A RESOLVE TO ACT IN A CERTAIN WAY
The real problem starts with the fact that today's companies are so preoccupied with processes and technology, packing more and more complexity into their people's daily work, but with little intentional focus on how to develop the relationships required to drive performance in this environment. We're all attempting to create relationships instinctively and through technology rather than intentionally. Even machines need humans!
You can see this problem best in the model that every company uses to codify responsibility — the org chart. So let's start at the beginning to see how companies go wrong.
Multiply that three, six, maybe a dozen times with more boss layers, plus a board, and you have figure 1-5, your average midsize company:
The problem is that the charts may show how responsibility flows, but they don't show how actual work flows when humans are involved. That's because you have a relationship with your boss and your report, but to do your job you also have relationships with your colleagues and their reports illustrated by the dotted lines in figure 1-6.
And you have relationships in other divisions: Andy in Production, Annie in Finance, Art in Legal, for example.
Now to pile on even more, think about how the relationship dynamics discussed above are further compounded when we bring people outside of our organizations into our collaborations. Consultants, contractors, partners, government agencies, vendors — they come from different cultures and bring a potentially different set of values and goals, yet are often important to the completion of our projects. For example, strategic alliances usually are accomplished through forming teams from each organization involved, working together to find synergies and incremental added value as a first step toward combining resources and efforts in a more substantive, strategic way.
THE RISE OF AT-WILL RELATIONSHIPS
The above complexity is further exacerbated by what I call At-Will relationships. At-Will relationships are discretionary relationships that are needed to accomplish a business objective. You may have heard the term "at-will employer" or "at-will state," which relates to state employment laws where an employee is more or less hired and employed at...
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