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Matthijs Lugtenburg
2/10/12




                      THE TRUSTED ADVISOR

                            D.H. Maister
                             C.H. Green
                            R.M. Galford



                                           ISBN: 9780743207768
Build-up
From perspective to structure & theory so you can eventually put it to work




                                               Part 1 :
                                  Perspectives on Trust


                                                Part 2:
                         The Structure of Trust Building


                                                Part 3:
                                  Putting Trust to Work

Matthijs Lugtenburg                       The Trusted Advisor - Samenvatting   2
2-10-2012
Part 1: Perspectives on Trust
                             Building the right mindset is key to become a Trusted Advisor


                               The territory of the Trusted Advisor

                                         Earning                      Building
                                          Trust                    relationships
                                                   Giving Advice
                                                    Effectively


                             The Evolution of a client-advisor relationship


                                                        Relationship-                            Trusted Advisor
                                                           Based
Breadth of business issues




                                                                              Valuable                      Trust-
                                                                              Resource                      Based

                                                     Subject Matter
                                     Service
                                                        Expert +
                                 Offering-Based
                                                     Affiliated Field
                                                                              Needs-
                                  Subject Matter
                                                                              Based
                                    of Process
                                      expert

                                                      Depth of a personal relationship

                             Matthijs Lugtenburg                               The Trusted Advisor - Samenvatting    3
                             2-10-2012
Part 2: The Structure of Trust Building
3 factors that make trust, one that breaks it and 5 stages to build it.


The Trust Equation
                                           Part                         Realms                Lack of… leads to
                                           C = credibility              Words                 Windbags
T = (C+R+I)/S                              R = reliability              Actions               Irresponsible
                                           I = intimacy                 Emotions              Technicians
                                           S = self-orientation         Motives               Devians

5 stages of Trust development

     1.                     2.                     3.                      4.                   5.
   Engage                 Listen                 Frame                  Envision              Commit


       2. Ears bigger than mouth; acknowledge and affirm              4, A vision of an alternate reality is sketched out.

       > Earn the right to suggest a problem statement or             > Concretizes vision; generates clarity of objectives
       definition


1. Attention becomes focused                     3. The root issues stated                        5. Steps are agreed upon;
                                                 clearly and openly                               sense of commitment is renewed
> Earn the right to tell and hear truths
                                                 > Coalesces issues to move forward               > Allows problem resolution to begin


Matthijs Lugtenburg                                 The Trusted Advisor - Samenvatting                                              4
2-10-2012
Part 3: Putting Trust to Work
Wait till you really earn the trust of your client, go slow and secure and make them part of the solution(s)


•    Not every potential client places the same weight on every factor in the Equation,
     to find out ask yourself: How highly does my client value
      1. me for my objective, unbiased and clear opinions > credibility
      2. me for my track record with him, my integrity in doing what I said I’d do > reliability
      3. The fact that he can talk to me about just about anything, without embarrassment
      4. The fact that I am on his side, that I am in this for him or her

 •    Ltd. Columbo > be like him…

 •    Some Tactics to build trust on the assignment (p. 171/172)
       1. Involving the client in the process
       2. Making reports and presentations more useful and easier to pass on
       3. Help the client use what we deliver
       4. Making meetings more valuable
       5. Being accessible and available




Matthijs Lugtenburg                         The Trusted Advisor - Samenvatting                                 5
2-10-2012

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The Trusted Advisor

  • 1. Matthijs Lugtenburg 2/10/12 THE TRUSTED ADVISOR D.H. Maister C.H. Green R.M. Galford ISBN: 9780743207768
  • 2. Build-up From perspective to structure & theory so you can eventually put it to work Part 1 : Perspectives on Trust Part 2: The Structure of Trust Building Part 3: Putting Trust to Work Matthijs Lugtenburg The Trusted Advisor - Samenvatting 2 2-10-2012
  • 3. Part 1: Perspectives on Trust Building the right mindset is key to become a Trusted Advisor The territory of the Trusted Advisor Earning Building Trust relationships Giving Advice Effectively The Evolution of a client-advisor relationship Relationship- Trusted Advisor Based Breadth of business issues Valuable Trust- Resource Based Subject Matter Service Expert + Offering-Based Affiliated Field Needs- Subject Matter Based of Process expert Depth of a personal relationship Matthijs Lugtenburg The Trusted Advisor - Samenvatting 3 2-10-2012
  • 4. Part 2: The Structure of Trust Building 3 factors that make trust, one that breaks it and 5 stages to build it. The Trust Equation Part Realms Lack of… leads to C = credibility Words Windbags T = (C+R+I)/S R = reliability Actions Irresponsible I = intimacy Emotions Technicians S = self-orientation Motives Devians 5 stages of Trust development 1. 2. 3. 4. 5. Engage Listen Frame Envision Commit 2. Ears bigger than mouth; acknowledge and affirm 4, A vision of an alternate reality is sketched out. > Earn the right to suggest a problem statement or > Concretizes vision; generates clarity of objectives definition 1. Attention becomes focused 3. The root issues stated 5. Steps are agreed upon; clearly and openly sense of commitment is renewed > Earn the right to tell and hear truths > Coalesces issues to move forward > Allows problem resolution to begin Matthijs Lugtenburg The Trusted Advisor - Samenvatting 4 2-10-2012
  • 5. Part 3: Putting Trust to Work Wait till you really earn the trust of your client, go slow and secure and make them part of the solution(s) • Not every potential client places the same weight on every factor in the Equation, to find out ask yourself: How highly does my client value 1. me for my objective, unbiased and clear opinions > credibility 2. me for my track record with him, my integrity in doing what I said I’d do > reliability 3. The fact that he can talk to me about just about anything, without embarrassment 4. The fact that I am on his side, that I am in this for him or her • Ltd. Columbo > be like him… • Some Tactics to build trust on the assignment (p. 171/172) 1. Involving the client in the process 2. Making reports and presentations more useful and easier to pass on 3. Help the client use what we deliver 4. Making meetings more valuable 5. Being accessible and available Matthijs Lugtenburg The Trusted Advisor - Samenvatting 5 2-10-2012

Editor's Notes

  1. P91:Clients don’t open up just because we listen, not even existing clients. They have to think we’re worth talking to on this issue. Some trigger has to be pulled in the mind of the client so that he or she will open up to us, in particular.P114Here are 12 ways stated how to take responsibility in a conversation.Choose one or two, and learn them by hart, some examples:> Its probably just me, but…> I’m sure you covered this before, but…> I’m probably thinking about this all wrong, but…> Etc.