Showing posts with label Relationship Capital. Show all posts
Showing posts with label Relationship Capital. Show all posts

Thursday, August 20, 2009

ISSUES OF TRUST AND CREDIBILITY

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Dear Friends:

I believe that trust is the most critical ingredient to any operation requiring more than one person. Trust binds us, yet it frees us. It allows us to focus on accomplishing what needs to be accomplished, instead of wasting time and energy trying to secon-guess the other individual's motives or "hidden agenda." Trust is becoming a rarer and rarer commodity in these times of depersonalization, cyberconferencing, text-messaging and, in general, limited physical person to person contact.

Trust between people. Trust between groups. Trust between organizations. Trust between nations. Trust between individuals and institutions. Trust between citizens and their own governments...

If you establish a record of trust, you build your credibility, and with that, your Relationship Capital Quotient (refer to numerous articles and interviews by, or featuring, Adam J. Kovitz, of The National Networker Companies). A simple example: I trust my life insurance agent -- he carries a high Relationship Capital Quotient. If I need a referral to another professional, I will phone this fellow because I trust that he would only refer me to a trusted colleague. He has, unbeknownst to him, become a moral surety on all of the persons he refers to me. He is also becoming more and more indispensable to me. He is trusted; he has credibility; he is valuable.

During the Bush administration in the United States, the US lost a great deal of credibility with the International Community (and the US citizenry lost a great deal of trust for their government and leadership). Secretive, hard-line, callous administrations...those who dictate terms and carry out their plans despite any opposition, difference of opinion, or the objections of their own people tend to be looked on very negatively. Be a powerful, determined leader by all means...but do not put on blinders to the reservations and opinions of others, and don't intimidate all of those who oppose your unilaterally chosen course of action. You cannot afford to be selfish, completely unyielding, oppressive and too secretive -- this conduct breeds suspicion and mistrust.

A brief exerpt from the NEW YORK TIMES follows to illustrate this point:

Breaking News Alert
The New York Times
Wednesday, August 19, 2009 -- 9:38 PM ET-----

Outsiders Were Hired as C.I.A. Planned to Kill Jihadists

"The Central Intelligence Agency in 2004 hired outsidecontractors from the private security contractor Blackwater USA as part of a secret program to locate and assassinate topoperatives of Al Qaeda, according to current and former government officials.

Executives from Blackwater, which has generated controversy because of its aggressive tactics in Iraq, helped the spy agency with planning, training and surveillance. The C.I.A.spent several millions of dollars on the program, which did not capture or kill any terrorist suspects."

Read More:http://www.nytimes.com/?emc=na

-----Now get New York Times breaking news alerts sent to your mobile phone. Sign up by texting NEWSALERTS to 698698 (NYTNYT)
####

An article which I had recently written about trust also follows, printed in full, for your review. while this article centers on events in The United States, it can easily be generalized to global matters...matters common to us all.



IN ______ WE TRUST?


Note: This article, written by Douglas Castle, was originally published in HUMANITAS MAXIMUS (http://HumanitasMaximus.blogspot.com)



Dear Friends:



When it comes to banking nowadays, we would all be wise to adhere to a policy of "Let the Customer" beware. Count your change. Put your hand over your wallet. Reconcile every statement.



Banks are cutting credit lines (arbitrarily and capriciously, despite your actual credit history), destroying credit ratings left and right, charging record fees for overlimit expenditures and late payments, giving us the runaround when we try to "restructure" our mortgages, denying both individuals and businesses any credit facilities, foreclosing without a second thought, and enjoying the pleasure of government-infused taxpayer money. The Fed is not exactly forthcoming with the truth about the financial condition of banks and other credit institutions. The percentage of the population either unemployed or incarcerated continues to grow. The IRS is all but turning its agents into bounty hunters. A growing number of U.S. citizens are without healthcare insurance -- yet the insurance companies seem to be doing fairly well -- their health is certainly better than the average overstressed, overburdened and struggling citizen's. Unpaid insurance claims are piling up while premiums rise like the waters of Hurricane Katrina. There is desperation in the air, like the tinge of ozone before a major thunderstorm. When you telephone any major company for answers or explanations, you get a recorded menu of choices -- and when you've finally made your selection (*after going through any entire decision-tree matrix of choices), you are put on hold. Every possible impediment has been placed between humans to prevent real interpersonal interaction. And we are all suffering the consequences.



Here's a terrific (in a sad sort of way) story and some sideline articles, courtesy of Yahoo! News:



Bank's big auction blunder
A woman returns home to find a stranger demanding she leave "his" house. » Sold by mistake -NBC Miami
Find how to fight bank errors
Mortgage delinquency at all-time high



The question to ask yourself is, "Does it still make sense to give anyone the benefit of the doubt?"



The greatest challenge facing each of us is finding someone in whom (or something in which) we can trust. Trust is the glue that holds every relationship together. In point of fact, trust is the cement that keeps a society "civilized."



This is indeed a time for trusted friends to rediscover eachother, to reconnect with eachother, and to rebuild society from the smallest fundamental elements of the partnership and the team. Person to person, real space, real time.


Faithfully,


Douglas Castle
http://aboutDouglasCastle.blogspot.com

p.s. I write for THE NATIONAL NETWORKER. Get your free subscription at http://twitlik.com/OK .

####

In the coming months and years, Trust and Credibility are going to become more and more difficult to come by, and increasingly difficult to achieve for ourselves. Based upon the the simple economics of supply and demand, this would indicate that Trust and Credibility, and those special people who possess them, are going to become increasingly valuable.

Invest in building your own Trust and Credibility.

Faithfully,

Douglas Castle, Internationalist.

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KEYWORDS, TERMS AND ORGANIZATIONS:

globalism, CFR, NGO, UN, WTO, IMF, central bank, outsourcing, offshoring, capital markets, import, export, international trade, strategic alliances, e-commerce, entrepreneurship, social networking, banking, finance, trade, ventures, business, securities, stock exchanges, indexes, futurism, trends, citizen ambassadorship, enterprise, capitalism, international politics, commodities, prime rate, LIBOR, foreign currencies, foreign exchange, blogs, blogging, bloggers, aol, google, yahoo, msn, AP, news, media alerts, world government, world governments, international affairs, treaties, tariffs, trade restrictions, marketing, advertising, business development, arbitrage, obtaining capital, promotion, publicity, EU, NATO, military affairs, government regulation, trade restrictions, liquidity crisis, business opportunities, web-based businesses, communication, communications, technology, intelligence, embassies, consulates, business resources, Douglas Castle,The Internationalist Page, The Global Futurist, international politics, elections, time management, cyberspace, AI, energy, industry, productivity, Mixx, Digg, Technorati, Sphere, Facebook, YouTube, MySpace, LinkedIn, advertising, economics, strategy, management, cooperation, widgets, blidgets, links, incoterms, CCH, UCC, freight forwarding, custom house brokers, diversity, employment, culture, micro-loans, technological convergence, trends, financial planning, FOREX, futures, stock index, inflation, recession, sub-contracting, Department of Commerce, the next generation, amnesty, humanitarianism, foreign aid, philanthropy, charity, cooperation, peaceful cooexistence, a world without walls...

Sunday, July 05, 2009

FROM THE NATIONAL NETWORKER NEWSLETTER

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Dear Friends, Colleagues, Subscribers, Members, Vendors, Advertisers and Affiliates [phew!]:


Whether or not you are a citizen of the United States, Happy Independence Day.

I believe that Independence Day should become celebrated as the first Internationalist Holiday. We have some things for which to be thankful... and many, many more that we should join our hearts, heads and hands and aspire to:

1. The world as a single nation, united in cyberspace, and beyond the impediments of time, distance and those despots who profit at the sport of dividing us instead of uniting us;


2. The rise of a new, exciting entrepreneurial culture from the rubble and ashes of an economic system that had become unconscionably wasteful, short-sighted and outmoded;


3. The opportunity to enjoy peace and prosperity simultaneously.


Thank you all for being a part of my world, and for letting me into yours. I am grateful to Adam J. Kovitz for his friendship, as well as for his having cleverly conned me into partnering with him in this amazing and wonderful endeavor. Every second is the beginning of time, and the dawning of opportunity.

Enjoy the articles.

Faithfully,

Douglas Castle, for
THE NATIONAL NETWORKER
Subscribe for the TNNW Newsletter today - absolutely free. http://twitlik.com/OK


*****
A NOTE FROM THE CHAIRMAN
TNNW Continues to Evolve
Adam J. Kovitz

TNNW UPDATES!
July, 2009, Week #1



TNNW Spotlight:
BEING THERE WHEN IT COUNTS
Will Your Customers and Prospects Next Purchase be From You or a Competitor?
Rick Itzkowich


CONNECTING IS NOT ENOUGH
It’s a Question of Trust
Andy Lopata



Columns
THE REHUMANIZATION OF NETWORKING
Walking On Eggshells
Douglas Castle

SALES & MARKETING
Appreciation Marketing
Bill Doerr

THE BOOM IN BOOMER NETWORKING
Tails From the Old Dawg
Elaine Ingis

BECAUSE I CAN
Why Givers Don’t Always Gain and Why the “Law” of Reciprocity is Bullsh!t
Adam J. Kovitz

DEEPENING NETWORKING THROUGH RELATIONSHIPS
Lessons From Busy Networking Professionals
Christine Sotmary, M.S., L.Ac., CPC

POWER THOUGHT OF THE WEEK
Building Powerful Relationships, Part 1
Patricia Parham, Ph.D.



Regional Reports
SOUTH AFRICA
Seek First to Understand
Karl Smith

U.S., NEW ENGLAND
The Dream Party is a Unique Form of Networking
Noelle Southwick


We ARE Networking

THE NATIONAL NETWORKER (TNNW):
PRESS OUR BUTTONS & CLICK OUR LINKS...
Subscribe to THE NATIONAL NETWORKER
Link To THE NATIONAL NETWORKER
The NATIONAL NETWORKER Toolkit
TNNW WEBSITE
THE GLOBAL FUTURIST
THE INTERNATIONALIST PAGE
ACCESS: Douglas Castle
BRAINTENANCE

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__________________________________________________________
KEYWORDS, TERMS AND ORGANIZATIONS:

globalism, CFR, NGO, UN, WTO, IMF, central bank, outsourcing, offshoring, capital markets, import, export, international trade, strategic alliances, e-commerce, entrepreneurship, social networking, banking, finance, trade, ventures, business, securities, stock exchanges, indexes, futurism, trends, citizen ambassadorship, enterprise, capitalism, international politics, commodities, prime rate, LIBOR, foreign currencies, foreign exchange, blogs, blogging, bloggers, aol, google, yahoo, msn, AP, news, media alerts, world government, world governments, international affairs, treaties, tariffs, trade restrictions, marketing, advertising, business development, arbitrage, obtaining capital, promotion, publicity, EU, NATO, military affairs, government regulation, trade restrictions, liquidity crisis, business opportunities, web-based businesses, communication, communications, technology, intelligence, embassies, consulates, business resources, Douglas Castle,The Internationalist Page, The Global Futurist, international politics, elections, time management, cyberspace, AI, energy, industry, productivity, Mixx, Digg, Technorati, Sphere, Facebook, YouTube, MySpace, LinkedIn, advertising, economics, strategy, management, cooperation, widgets, blidgets, links, incoterms, CCH, UCC, freight forwarding, custom house brokers, diversity, employment, culture, micro-loans, technological convergence, trends, financial planning, FOREX, futures, stock index, inflation, recession, sub-contracting, Department of Commerce, the next generation, amnesty, humanitarianism, foreign aid, philanthropy, charity, cooperation, peaceful cooexistence, a world without walls...

Tuesday, August 12, 2008

FINDING COMMON GROUND

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Dear Friends:

Sadly, people seldom open their doors, whether in real space or cyberspace, to strangers. As Human Beings, we have been reared in a culture of defensiveness and fear. Yet, despite this, we must find the appropriate instrument (not necessarily a battering ram or a tear gas grenade) to pry the door open in able to commence a productive dialogue; productive dialogues lead to friendships; and friendships lead to enhanced Relationship Capital, prosperity (through trade), and peace.

Some door-opening techniques are simply outlined below for your consideration. Each of them positively and effectively exploits some aspect of behavioral psychology:



  • Before you communicate, review the prospective recipient's bio, blog or website, so that you can open with a genuine compliment or a relevant question;

  • Initiate your dialogue informationally...do not speak of specific business;

  • Touch upon topics which are universal to all civilized persons, such as: difficult economic times, bringing up healthy children, climatic change, alternative energy, international cooperation and relationships, and the like;

  • Ask for the recipient's opinion or views on these topics;

  • Ask that the recipient review your blog, website or other materials and give his or her opinion on them -- this shows your respect for the other person's intelligence and point of view;

  • In correspondence, try to incorporate pictures of yourself (with family, if possible), and ask if the recipient would do the same -- this personalizes and humanizes the dialogue, and permits the recipient to exercise a bit of ego;

  • Have a productive informational interchange (as described in the preceding points) before you tactfully broach your business or other cause-based proposition.

A ritualistic celebration of "common ground" is so deeply ingrained in the socialization process, that to gracelessly rush into a business proposition would be foolhardy. Additionally, if you honor this ritual, you will be talking about business with a new friend, instead of a stranger.

Again...build bridges instead of fences.

Faithfully,

Douglas Castle, INTERNATIONALIST

p.s. I could not resist posting the picture in the above right. As silly as its portrayal of the situation is, there is, lamentably, too much truth to the astounding deficiency of reason that instantly overwhelms otherwise rational persons when there is a perceived threat and they are in need of some release of pent-up energy, or in need of a person or group of persons to blame for the problem.

***



Monday, February 04, 2008

WELCOME TO "ME, INCORPORATED"

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Dear Readers:


Welcome to "ME, INCORPORATED."
I must give my friend and colleague, Adam J. Kovitz, attribution for that latter term. It has sparked a serious interest in me. Adam speaks and writes eloquently about Relationship Capital -- a certain measure of value each of us has by virtue of his access to and influence upon others. From a cold perspective, the more Relationship Capital one has, the greater one's value in the world of commerce.
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While we stand by as observers and ultimately, as beneficiaries, Adam is refining the definition and measurement of this valuable essence, and is seeking the Philosopher's Stone to transmute ordinary individuals and organizations into individuals and organizations (which are ultimately just groups of individuals) into value-added enterprises, fueled with growing reserves of Relationship Capital.

There are numerous ways in which each of us can participate (and even collaborate!) with Adam, who is also the publisher of THE NATIONAL NETWORKER. Your education begins with a visit to http://thenationalnetworker.com/ . Adam references the notion of Relationship Capital quite frequently in his writings and speaking engagements. An organization which Adam had played an initial role in (which, sadly has gone off on a tangent since Adam left in order to pursue the development of the concept on his own), the RNIA, is attempting to popularize the same notion, but without adequate focus or success. Adam continues to further the development and understanding of the concept through THE NATIONAL NETWORKER, Adam's growing publication about many aspects of networking and relationship-building. I would suggest you go to the site and subscribe to this Newsletter. Adam has several exceptionally passionate and knowledgeable writers who contribute some fabulous content.


Traditional macroeconomic models, particularly those involving fiscal policy, are going to be replaced with a radical new paradigm. You will not be able to understand economics, marketing, management or politics without incorporating a study of RELATIONSHIP CAPITAL.


We are, each of us, a self-contained, fully-functioning enterprise. As I have said before, each of us is our own representative to the rest of the world. Each of us bears the torch and each of us is a citizen ambassador. Enabled with constantly-improving communications technologies, each of us is a corporation...each of us is a nation...each of us has the world within his grasp. What will determine the individual success which each of us enjoys, however, will be his ability to differentiate himself, as an entity, from a host of competitors for the world's attention. We must each have something unique to offer.

From an Internationist Perspective, I would propose that you start taking an inventory of the following attributes, each of which is going to be a variable in the equation that measures your store of Relationship Capital:






  • The number of personal and professional contacts you have directly;


  • The sphere of influence that each of these contacts possesses;


  • The speed of your access to these contacts (a function of trust, credibility, prior experience, how likeable you are, how helpful you are, and the like);


  • Your ability to mobilize these contacts to take action;


  • Your ability to orchestrate an operation involving several contacts simultaneously...


The list continues...

By analogy, each of us is like an individual cell, infused with unique DNA. But with the application of communications technology and Relationship Capital, we can each function as an entire body by sparking other cells into cooperative wakefulness. One single cell can spark world change...One single cell can transform the entire body...One single cell can unite all of Humanity.
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Welcome again to ME, INCORPORATED, and to its ultimate stock in trade -- Relationship Capital.

Douglas Castle,

Internationalist

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