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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.

 

"Insightful, I negotiate daily and the 7 elements will be very useful."

- Negotiation Workshop Participant
Manager, TJX