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Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS
21

Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

Mar 26, 2015

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Page 1: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

Creating Relational CapitalEd Wallace

ImprovingRESULTS

Through RELATIONSHIPS

Page 2: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

© 2008-2012 The Relational Capital Group

All participants should duly note that a copy of the ICE ANTI-TRUST POLICY has been given to you. The statement reminds us that the policy restricts decision-making and discussion. These restrictions are designed to prevent even so much as an appearance of impropriety. The policy statement should guide us in all our discussions.

Page 3: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

© 2008-2012 The Relational Capital Group

“People like to work with people they

________________________________!”

Page 4: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

relationships have a highly significant impact on their business results.

© 2008-2012 The Relational Capital Group

Source: Candice Bennett & Associates survey, March 2009

89%of senior executives…

89%of senior executives…

Page 5: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

use a formal process to build business relationships!

© 2008-2012 The Relational Capital Group

Why is that?

Yet only…

24%Yet only…

24%

Source: Candice Bennett & Associates survey, March 2009

Page 6: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

© 2008-2012 The Relational Capital Group

Page 7: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

Why? (Contribution to goals and other performance criteria)

Seek referrals that deliver 15% of 2013 revenue

Relational Ladder Process category: (Check one)

Acquaintance X Professional Peer Respected Advisor

Important Business Relationship: Jeff from DDI

Copyright © The Relational Capital Group 2008-2011 7

Page 8: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

Relational Capital

The “distinctive value” created by people in a business relationship

The “little extras!”

© 2008-2012 The Relational Capital Group

Page 9: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

Worthy Intent

“The inherent promise you make to keep the other person’s best interests at the core of your

business relationship!”

© 2008-2012 The Relational Capital Group

Page 10: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

Your Worthy Intentions

10

Page 11: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

11

Essential Qualities of Relational Capital

Credibility

Page 12: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

GPS®

12© 2009-2012 The Relational Capital Group

Page 13: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

© 2008-2012 The Relational Capital Group

Page 14: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

Essential Qualities of Relational Capital

© 2008-2012 The Relational Capital Group

Credibility

IntegrityAuthenticity

RelationalCapital

Page 15: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

Relational Ladder®

© 2008-2012 The Relational Capital Group

Page 16: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

Respected Advisor Relationships

• Share business and personal goals, passions, and struggles

• Include you in their strategic planning processes

• Respond to your suggestions

• Ask for your help

• Initiate unsolicited referrals on your behalf

© 2008-2012 The Relational Capital Group

Page 17: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

Why? (Contribution to goals and other performance criteria)

Seek referrals that deliver 15% of 2013 revenue

Relational Ladder Process category: (Check one)

Acquaintance X Professional Peer Respected Advisor

Strategy to move up the Relational Ladder® Process:

Commit to meeting on a monthly basis, ensuring that an aspect of GPS is

covered in each meeting

Relational GPS®:

Goals: To grow the DDI sales practice to $20 million by 2013

Passions: Traveling to Italy to connect with family

Struggles: Lacks a prescriptive approach for relationship development

Important Business Relationship: Jeff from DDI

Copyright © The Relational Capital Group 2008-2011 17

Page 18: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

Max’s Approach Delivered Real Business Performance!

• Customer loyalty

• Increased revenue per ride

• More frequent trips

• Competitor proof

• Respected Advisor status

© 2008-2012 The Relational Capital Group

Page 19: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

Think “relationship

first”during all of

yourinteractions!!!

© 2008-2012 The Relational Capital Group

Page 20: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

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The Relational Capital Group

The Relational Capital group offers the following services:– Workshops and executive retreats– Keynote talks by Ed Wallace– Webinars and Coaching programs – Read “Business Relationships That Last”””

Visit Max at www.relationalcapitalgroup.com to learn more!

Page 21: Creating Relational Capital Ed Wallace Improving RESULTS Through RELATIONSHIPS.

© 2008-2012 The Relational Capital Group