Business Relationships

Agreements

Actress Gwyneth Paltrow has a lifestyle newsletter, GOOP, that every now and again prints a piece that really makes me think. 

This week, the topic was on friendship, but I think the following quote on agreements applies really well to business relationships and friendship.

"The important thing to recognize about agreements is that it takes more than one person to make one.  If we see that an agreement is not serving our well-being and the well-being of our friend, it is intelligent to break it...and it is possible to break an agreement without abandoning the friendship." (Author, of this quote and a forthcoming book on open-ended questions, is Elizabeth Mattis-Namgyel)

I believe if you were to substitute in the words 'business relationship' for 'friendship' in the above statement, the same would hold true.

Have you ever abandoned a business relationship that was not adding to your company's well being, and/or the other party's well-being?  Where is that relationship now?  How is the health of that relationship?

 

Comments




  • Timely  We were talking earlier this week about how breaking off a working relationship that wasn't right for either party could actually strengthen the longer-term relationship, and the ultimate value to both parties.  Art

    artvanbodegraven, 2 years ago | Flag
  • In business we often only count/monitor the written agreements (contracts) we make. While those are important, what is often far more important are the verbal agreements we make: "I'll get back to you by noon.", "We'll make sure to inlude you in our next meeting." I will check into that.". Our ability to keep these commitments either increases or decreases peoples' trust in us. That trust is the foundation for any solid business relationship.

    salliesherman, 2 years ago | Flag

Inappropriate Flag

Flagging notifies the Business Relationships webmaster of inappropriate content. Please flag any messages that violate the Terms of Service. Please include a short explanation why you're flagging this message. Thank you!

If you believe this content violates the Terms of Service, please write a short description why. Thank you.

Inappropriate Comment Flag

Flagging notifies the Business Relationships webmaster of inappropriate content. Please flag any messages that violate the Terms of Service. Please include a short explanation why you're flagging this message. Thank you!

Email Friends

Your First Name (optional)

Email Addresses (comma separated)

Import friends

Message to Friends (optional)

Are you human?

Or, you can forward this blog with your own email application.

Terms of Service

mock rpx login link