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Seven Common Myths

Common Myths About Relationship Management

 

Effective Assumptions About Managing Strategic Relationships

Myth #1

The closing of the deal is the start of the relationship.

 

 

Assumption #1

A good working relationship can exist even if we view ourselves as competitors or adversaries and do not approve of each other's behavior, or values.

Myth #2

Either you are interested in building a good deal or you are interested in building a good working relationship.         

 

Assumption #2

The better the working relationship, the better able I am to meet my own interests.

Myth #3

I don't need to focus on the relationship; that is someone else's job.

 

Assumption #3

The quality of the working relationship is important no matter how brief I expect it to be.

Myth #4

Relationships matter only in the long-term.

Assumption #4

Relationship issues can and should be dealt with separately from substantive issues.

 

Myth #5

Relationship management is simply business development (golf, lunch, holiday cards).

 

Assumption #5

Relationship issues should be explicitly discussed and can be dealt with rationally and collaboratively.

Myth #6

Either you are a "people person" and you have these soft skills, or you are not.

 

Assumption #6

The ability to build and manage working relationships depends on a few basic elements and uses "hard" analytic and "soft" interpersonal skills.

 

Myth #7

There is only one right way to manage a relationship.

Assumption #7

I can take actions to improve the quality of my working relationships and while it takes two or more parties to have a relationship, it only takes one side to change the quality of it.

 

"“Holding in Trust© remains a key concept for me. Basically it's the process of giving of yourself and then being willing to receive back whatever response comes. Those responses can be varied, sorrow, anger, openness. But it's the honoring of the varied responses of others, which is the process of trustholding. In the Northern Cheyenne tribal community there is a long history that is often very difficult for some; but my openness is inviting others to be more open and to honor their own experiences. Now I am able to say this is who I am and to simply accept others where they are.”"

- Barbara Braided Hair
First Interstate Bank