Business Relationships

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Is It Really Lonely at the Top?

There’s a business relationship that’s often overlooked: the relationships in between friends and allies — in other words, business relationships with people you enjoy being with. This article defines these people as chums and asserts that their importance too often goes unnoticed. Dale Carnegie’s How To Win Friends & Influence People is a practical classic on the art of cultivating chums — of inviting business allies into your courtyard while keeping them out of your kitchen.

Image courtesy of Flickr user Loving Earth.

Why Strong Ties Matter More In a Fast-Changing Environment

It has become accepted wisdom that weak ties — your acquaintances, distant colleagues — can provide more novel information than close ties. But new research by Marshall Van Alstyne, associate professor at Boston University and a visiting professor at MIT, suggests that in some cases strong ties are better.

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Diversifying Your Customer Portfolio

With increased competition and globally maturing markets, relationship marketing has emerged as the new mantra. Although companies are successfully using customer satisfaction to create closer and more profitable relationships with customers, the myopic pursuit of such relationships often backfires. Consider a U.S.-

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Reassessing the Japanese Distribution System

JAPAN’S DISTRIBUTION SYSTEMS, LONG THE TARGET OF CRITICISM, ARE CHANGING. DEREGULATION, NEW MANUFACTURING IMPERATIVES, consumer behavior, and the economy have interacted to reshape Japanese distribution. The trends have important implications for global business, since the system now offers areas of opportunity for Western manufacturers and retailers.

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