Power in Business Relationships

Power in Business Relationships
Author: Dariusz Siemieniako
Publisher: Taylor & Francis
Total Pages: 106
Release: 2022-07-08
Genre: Business & Economics
ISBN: 1000685535

Focusing on the issue of power as the main building block of relationships between business buyers and sellers, this book explains the complex nature of power with its multidimensional and multi-directional character. As a complex construct, inter-firm power is treated as a matter of perception as well as in terms of total and relative power. The book analyses extensively the issue of power asymmetry with its dynamics and its consequences for business-to-business (B2B) relationships, particularly analyzing the dynamic mechanism of power. Various theoretical domains or research streams regarding managing an asymmetrical business relationship by the weaker partner are also examined. Based on the studies of other scholars as well as on the authors' own research, this book shows how weaker suppliers or buyers deal with high-power partners in business relationships and the approaches of more powerful parties to asymmetrical relationship development. Additionally, the book presents the specific nature of power in international B2B relationships, including its connection to culture and conflict, as well as how to handle power in managing export performance within international B2B relationships. It is written for scholars and students who are interested in academic research concerning B2B marketing and B2B relationship marketing domains, specifically those who are interested in literature dealing with supply chain management, key account management, relationship portfolio management, distribution channel management and the network approach.

Power in Business Relationships

Power in Business Relationships
Author: Dariusz Siemieniako
Publisher: Routledge
Total Pages: 0
Release: 2022-07
Genre: Business & Economics
ISBN: 9781003095934

"Focusing on the issue of power as the main building block of relationships between business buyers and sellers, this book explains the complex nature of power with its multidimensional and multi-directional character. As a complex construct, inter-firm power is treated as a matter of perception as well as in terms of total and relative power. The book analyses extensively the issue of power asymmetry with its dynamics and its consequences for business-to-business (B2B) relationships, particularly analyzing the dynamic mechanism of power. Various theoretical domains or research streams regarding managing an asymmetrical business relationship by the weaker partner are also examined. Based on the studies of other scholars as well as on the authors' own research, this book shows how weaker suppliers or buyers deal with high-power partners in business relationships and the approaches of more powerful parties to asymmetrical relationship development. Additionally, the book presents the specific nature of power in international B2B relationships, including its connection to culture and conflict, as well as how to handle power in managing export performance within international B2B relationships. It is written for scholars and students who are interested in academic research concerning B2B marketing and B2B relationship marketing domains, specifically those who are interested in literature dealing with supply chain management, key account management, relationship portfolio management, distribution channel management and the network approach"--

Power Relationships

Power Relationships
Author: Andrew Sobel
Publisher: John Wiley & Sons
Total Pages: 210
Release: 2014-01-13
Genre: Business & Economics
ISBN: 1118585682

The Relationship Laws that Drive Success There are powerful but invisible laws that determine whether your relationships —with your clients, colleagues, and friends—will thrive or wither. These relationship laws are ever-present. When you align with them, the results are dramatic. Your network will grow rapidly. You’ll be seen by clients as a trusted partner rather than an expense to be managed. And you’ll find the people around you eager to help you succeed. When you ignore the laws, however, your efforts will falter. Relationship building will seem like very hard work. Power Relationships gives readers a unique, entertaining guide to relationship success at work and in life. Each of the 26 laws is illustrated and explained using a compelling, real-life story that shows how to implement it. The second section of the book presents 16 common relationship challenges with specific solutions. You’ll read about: The top Citigroup executive whose relationship with a CEO was changed forever on a business trip that exploded into chaos, and how you can use the same principle to deepen your own relationships. The philanthropist who, on the verge of being mugged in a dark parking lot, learns how his actions have had an unimaginable ripple effect across several generations How one of the authors flew halfway around the world and used Law 18—“Make them curious”—to turn a make-or-break, five-minute meeting with a top executive into a long-term relationship. The chance encounter on an airplane with a famous actor that revealed a simple but profound truth. It’s Law 25: “Build your network before you need it.” Sobel (author of Clients for Life, All for One, and Power Questions (with Panas)) and Panas (author of Asking and Supremely Successful Selling) have sold over half a million books and are the leading authorities in their field. Power Relationships is a unique, road-tested guide to relationship success.

The Relationship Engine

The Relationship Engine
Author: Ed Wallace
Publisher: AMACOM
Total Pages: 221
Release: 2016-10-18
Genre: Business & Economics
ISBN: 0814437141

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. 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 matter This 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. Learn how to make caring, real-life connections with those you do business with, and let those relationships expand your networking opportunities for you!

Power Questions

Power Questions
Author: Andrew Sobel
Publisher: John Wiley & Sons
Total Pages: 231
Release: 2012-02-07
Genre: Business & Economics
ISBN: 1118119630

An arsenal of powerful questions that will transform every conversation Skillfully redefine problems. Make an immediate connection with anyone. Rapidly determine if a client is ready to buy. Access the deepest dreams of others. Power Questions sets out a series of strategic questions that will help you win new business and dramatically deepen your professional and personal relationships. The book showcases thirty-five riveting, real conversations with CEOs, billionaires, clients, colleagues, and friends. Each story illustrates the extraordinary power and impact of a thought-provoking, incisive power question. To help readers navigate a variety of professional challenges, over 200 additional, thought-provoking questions are also summarized at the end of the book. In Power Questions you’ll discover: The question that stopped an angry executive in his tracks The sales question CEOs expect you to ask versus the questions they want you to ask The question that will radically refocus any meeting The penetrating question that can transform a friend or colleague’s life A simple question that helped restore a marriage When you use power questions, you magnify your professional and personal influence, create intimate connections with others, and drive to the true heart of the issue every time.

Success Is in Your Sphere: Leverage the Power of Relationships to Achieve Your Business Goals

Success Is in Your Sphere: Leverage the Power of Relationships to Achieve Your Business Goals
Author: Zvi Band
Publisher: McGraw Hill Professional
Total Pages: 240
Release: 2019-04-05
Genre: Business & Economics
ISBN: 1260452840

A proven step-by-step approach to leveraging the unique power of relationships to your best business advantage. Our professional relationships are the most important asset we have when it comes to growing our careers and our businesses. Most people think of this as “networking.” But in today’s hyperconnected market, the most cost-effective and high-return route to new, repeat, and referral business is through our existing networks, not through adding more social media “friends” and “connections.” This transformative guide from relationship marketing expert Zvi Band shows you how to deepen your personal connections to achieve your professional goals—using the CAPITAL strategy of relationship-building techniques: •Consistency: develop good habits to form stronger relationships •Aggregate: build a personal database of professional contacts•Prioritize: order your network based on who can help•Investigate: collect intelligence on the people who are most important to you•Timely Engagement: create a steady cadence in your outreach•Adding Value: offer more than a simple follow-up•Leverage: execute more effectively The basic idea behind these powerful tools is simple: Effective relationship building is not about acquiring new contacts. It’s about strengthening your connections with the key people who will help you drive your business forward. Through a combination of personal research, best practices, and case studies, Band provides a prescriptive strategy you can customize and follow every day. You’ll find cost-effective, high-yield tools that can be implemented via social media and other digital platforms. You’ll discover the best-kept secrets of the most popular companies in the world—and time-saving techniques for achieving similar results with your own customers. Most important, you can make the most of what you already have: the simple human connections that make everything worthwhile. In business, as in life, it all comes down to the quality of your relationships. When the right people are on your side, Success Is in Your Sphere.

Peer Power

Peer Power
Author: Cynthia Clay
Publisher: John Wiley & Sons
Total Pages: 322
Release: 2012-02-08
Genre: Business & Economics
ISBN: 111822728X

Peer Power "Peer Power is my pocket coach. Useful, insightful, and immediately applicable, the book is a life saver in building business relationships and resolving conflicts." —Pamela J. Schmidt, executive director, ISA – The Association of Learning Providers "Peer Power is a great resource, full of practical suggestions for employees, managers and leaders. Cynthia Clay and Ray Olitt have gone beyond giving us the usual platitudes for dealing with difficult co-workers. Through a series of case studies, they outline specific steps one can take to improve relationships across the board in a company or organization. I highly recommend Peer Power." —Fred Allemann, national learning manager, United States Tennis Association "If you are looking for a practical and engaging book to help you transform your interpersonal relationships, read Peer Power. You will find the key principles and strategies eye opening, simple and powerful. The case studies will help you better understand the dynamics of interpersonal relationships. The cheat sheets and worksheets throughout the book will help you diagnose and devise your own solutions to refine and build your interpersonal relationships at home or at work." —Ghenno Senbetta, learning team leader, US Pipelines and Logistics, BP America, Inc. "This book offers tools for improving interpersonal relationships, with the improvement always starting 'at home.' The content is presented for quick comprehension. Cynthia and Ray have gone to extraordinary lengths to deepen the readers' understanding of each concept and strategy with real life examples, along with questionnaires at the end of each case chapter." —Nancy Scholl, CFO, Wright Hotels, Inc.

Power, Influence, and Persuasion

Power, Influence, and Persuasion
Author: Harvard Business Review
Publisher: Harvard Business Press
Total Pages: 167
Release: 2005-05-05
Genre: Business & Economics
ISBN: 1422160793

To be effective, managers have to be skilled at acquiring power and using that power to persuade others to get things done. This guide offers must-know methods for commanding attention, changing minds, and influencing decision makers up and down the organizational ladder. The Harvard Business Essentials series provides comprehensive advice, personal coaching, background information, and guidance on the most relevant topics in business. Whether you are a new manager seeking to expand your skills or a seasoned professional looking to broaden your knowledge base, these solution-oriented books put reliable answers at your fingertips.

Power Hour Boss

Power Hour Boss
Author: Eric Johnson
Publisher:
Total Pages: 155
Release: 2020-04-08
Genre:
ISBN:

It doesn't matter what business you're in, lead generation is important - how else will you grow your business and get new wonderful people to serve? As a small business owner, it's clear you need a system to follow that helps you generate new customers and team members so you can grow your business. After all, lead generation systems help pique consumer interest in your products and services. However, so many people, especially network marketers, don't have a system to generate new leads. And they wonder why their business isn't growing.When relationships are your business - and they are, regardless of the type of business you're in - the standard go-for-no approach just won't cut it. If you're reading this book, you've probably experienced this first-hand and may be feeling frustrated that 1) you feel as if your business isn't getting anywhere, 2) your family, friends, and acquaintances are making an effort to see you less and less in fear that you're going to try to sell them something, and 3) you have to start back at square one whenever you want to make a sale. It's so frustrating! It's also no way to build a strong, lasting business.That's where relationship marketing comes in. Relationship marketing is a proven lead generation system intended to grow your business by leveraging your relationships. That's right; instead of damaging relationships and burning bridges, relationship marketing encourages you to nurture and grow your relationships. In other words, you don't ever have to be an "icky salesperson"! If you seek to build a business that allows you to work from your heart, that doesn't compromise your personal core principles, and that encourages you to help and serve more people, relationship marketing may be for you.Over the last few years, I've built Teamzy, a CRM system intended to turn traditional network marketing on its head. How? It's based on relationships, specifically growing and developing relationships with your favorite people so you can serve and help them meet their needs, which is oh so often contrary to the sales status quo. The more you connect with them, the more likely they are to recommend your business to their family and friends who could use a bit of your help.The results speak for themselves. People who are turned off by traditional selling methods love our relationship-oriented system that encourages them to make people's days instead of always trying to sell to them. They're watching their businesses grow exponentially, beyond what they could've imagined when they started in the business. That's right; by maintaining consistent contact with their customers, seeking to meet their needs and following up, they're building solid businesses that last, all in less than an hour a day. The best part is, it doesn't feel like work. After all, you're doing what you do best - connecting with your customers - and along the way, you'll build trust and long-term business advocates. What's better than that? Nothing.I'm excited to share this strategy with more people. In this book, you'll learn:* Why Relationship Marketing provides more joy for you AND better results for your business* How to discover your WHY and use it to build meaning into your day* How to create goals you can't wait to achieve* Why your business is more than a job and should be treated as such* How to slay your business in less than an hour a day* How to have great conversations with your network and transition it into talking about your business* Why following up is an act of love (and one that is critical to growing your business)* Where to find new customers* How to meet new people and add them to your network* The best way to overcome objections, straight from the heart* How to use and leverage social media to build trust* How to boost your chances for success* How to master the entire system and become a PRO