Maintaining harmonious and mutually beneficial relationships is integral to establishing collaboration and cooperation between business owners and executives, executives and team leaders, team leaders, and employees. Without a cooperative team unit, a business can only go so far without experiencing significant challenges and delays.
Comprehensive executive coaching with FocalPoint Business and Executive Coach of Racine, Wisconsin, Kerrie Hoffman, includes helping executives understand vital relationships with their dynamics in a successful and functional business.
To begin assessing your business relationships, we will briefly elaborate on the dynamics of critical relationships in business.
A Quick Look At Omni-Directional Relationship Building
In FocalPoint’s world-renowned business growth coaching, we describe the ideal system of maintaining harmonious business relationships as Omnidirectional relationship building. Omnidirectional encompasses all business relationships – from bosses to staffers, vendors, and customers.
There are five foundational principles in Omni-directional relationship building:
- Honesty: being candid establishes you as trustworthy in your workplace.
- The Constancy of Purpose: building and maintaining relationships requires continuous and meaningful effort.
- Knowledge: understanding the values and goals of another person will foster a more stable connection.
- Balance: the power imbalances among staff should be recognized.
- Shared objectives – having similar personal and professional goals allows you to establish mutually beneficial relationships.
Corporate Relationship Mapping
Corporate relationship mapping is a way to identify and understand the foundation of corporate relationships based on your position within a company. As a business owner or executive, you give your staff direction and hold them accountable; your manager directs and holds you responsible as a staff member. As a peer, you work with your peers to accomplish objectives but have no authority over them. Finally, as a business owner, vendors are accountable to you, but you aren’t authoritative over them.
How to Manage Diverse Omni-Directional Relationships
- Diversify your relationships – be open to networking outside of your business. The more people you meet, the more possibilities and opportunities are available.
- Give more than you get – help someone else with a task, link people with others, or share industry and nonprofit-sector information. Along with being benevolent, being helpful gives you an advantage in different communities.
- Spend quality time – time is a valuable resource, and spending time with the staff and customers who contribute the most to the business grants you support and will help you in times of challenges.
- Understand the corporate landscape – observe and seek understanding of the roles and responsibilities of bosses, managers, employees, and staff to understand your role among them.
- Maintenance required – periodic check-ins in relationships are integral in maintaining those relationships.
To gain further clarity on your executive position to perform at your fullest potential, contact the Business and Executive Coach of Racine, WI, Kerrie Hoffman! Reach her by calling 1-262-290-0650, emailing her at email@example.com, or taking the Executive Leadership Score assessment!