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Relationship Capital (RC)
        Capture Measure Flourish
Agenda
       • Companies and Relationships

       • The Relationship Economy is NOW

       • The Standard of Trust Approach




4/16/2012            Copyright 2012 Standard of Trust All Rights Reserved   2
All Businesses Begin—And End—
            With Relationships




4/16/2012             Copyright 2012 Standard of Trust All Rights Reserved   3
When Asked, Many Executives Claim
            ―Relationships Are Critical To Our Business‖



                                  Employees




               Suppliers     Enterprise                                       Customers




                                      Markets


4/16/2012                  Copyright 2012 Standard of Trust All Rights Reserved           4
Yet Do Precious Little To Optimize Them
                                                             • Organization Development
            Employees                                        • Training
                                                             • Retention Programs


                                                             • CRM
            Customers
                                                             • Sales force management



                                                             • Scorecards
            Suppliers
                                                             • Vendor Negotiations



                                                             • Public Relations
             Markets
                                                             • Quarterly Reports

4/16/2012               Copyright 2012 Standard of Trust All Rights Reserved              5
Unfortunately, Most Businesses Treat
            Relationships As A Means To An End




4/16/2012              Copyright 2012 Standard of Trust All Rights Reserved   6
Relationships Drive The Engines Of The
            Relationship Economy…




4/16/2012            Copyright 2010 2012 Standard of Trust All Rights Reserved   7
Quality of Relationships Drive Performance




4/16/2012                Copyright 2012 Standard of Trust All Rights Reserved   8
…And Relationship Capital Is Its
            Currency




4/16/2012              Copyright 2012 Standard of Trust All Rights Reserved   9
Relationship Capital Builds Your “Brand” In
                                        The Marketplace


                                                Branding is used to present a
                                                consistent ―picture‖ of you in the
                                                marketplace
                                                • Branding tells others who you are
                                                • Branding helps others know what you
                                                  stand for
                                                • Branding is a way to communicate your
                                                  reputation
                                                • Branding is a vehicle to proactively
                                                  manage your reputation




     Creating Relationship Capital is a critical part of your
                 organization’s branding efforts
4/16/2012                                                                             10
                         Copyright 2012 Standard of Trust All Rights Reserved
Relationship Capital (RC) Is A Fundamental Measure of
                         How Your Company Is Doing In The Marketplace


                                                                                            RC makes
                                                                                            you findable
            RC is a catalyst for                                                            by others
            building trust with                                                             and
                                                                                            transmits
            people who don’t
                                                                                            your
            already know you
                                                                                            reputation
                                                                                            on the
                                                                RC brings                   internet and
                                                                opportunities to you        elsewhere
                                                                based on your public
                                                                reputation


                 RC is based on a mindset of Doing The Right Thing in business:
                 Transparency/Honesty, Accountability/Responsibility, Going the Extra
                 Mile, Support, Empathy/Understanding



4/16/2012                            Copyright 2012 Standard of Trust All Rights Reserved         11
The ―Do The Right Thing Mindset‖ Is The Core
                           Of the Standard of Trust Approach…
     The “Do The Right Thing Mindset” embodies the business values/characteristics
     necessary for operationalizing relationships in business



                       Transparency/ Honesty



                           Responsibility/
                           Accountability



                         Go The Extra Mile




                              Support



                             Empathy/
                           Understanding

                                                                                          12
4/16/2012                          Copyright 2012 Standard of Trust All Rights Reserved
DTRT Relationship Maturity Model
                     (DTRT-RMM)




4/16/2012                                                                      13
                  Copyright 2010 L2012 Standard of Trust All Rights Reserved
…Translating Into Excellence in
            Execution…


                                            Quality




             Service/
             Delivery                                                             Governance /
              Focus                                                                 Control
                                       Do the
                                     Right thing
                                      Mindset




                  Capability                                            Collaboration



4/16/2012                  Copyright 2012 Standard of Trust All Rights Reserved                  14
…And Generating Relationship Capital



                                                         Trust
                     Respect


                                           Commit
                                            ment




                   Relationship Capital

                      Copyright 2012 Standard of Trust All Rights Reserved
4/16/2012                                                                    15
Relationship Capital (RC) Creates
            Success
                  New Customers
                       New Talent
                                                              Attraction
                    Shareholders
                         Partners
                        Economic
                      Product Life
                                                    Sustainability
            Competitive Advantage
                       Processes
                       Customers                                                      Profitability
                       Employees
                    Key Suppliers                             Retention
                         Partners
                        Revenues
                     Market Share
                     Geographies
                    Capitalization
                                                                    Growth
            New Products/Services
4/16/2012                      Copyright 2012 Standard of Trust All Rights Reserved                   16
Tomorrow’s winners will embrace the
               Relationship Economy as a way of business

       • Tomorrow's winners will be the companies who change their
         underlying business models or channels in a way that is
         creative, revolutionary, and difficult to mimic
       • A Relationship Economy represents a fundamental change in the
         way companies relate to/with internal and external stakeholders
       • Relationship Capital is the primary currency of the Relationship
         Economy: Building it, investing in it, trading it




4/16/2012                    Copyright 2012 Standard of Trust All Rights Reserved   17
So, If Relationships Are Critical To Your
            Business…


                                       Employees




              Suppliers          Enterprise                                        Customers




                                          Markets


4/16/2012                 Copyright 2010 Libertango Partners LLC All Rights Reserved           18
And This Is What You Are Doing About
             Them…
                                                             • Organization Development
            Employees                                        • Training
                                                             • Retention Programs


                                                             • CRM
            Customers
                                                             • Sales force management



                                                             • Scorecards
            Suppliers
                                                             • Vendor Negotiations



                                                             • Public Relations
             Markets
                                                             • Quarterly Reports

4/16/2012               Copyright 2012 Standard of Trust All Rights Reserved              19
How Is That Working For You?
       • When times are hard, do you
            –   Raise prices?
            –   Demand extended payment terms from vendors?
            –   Put downward pressure on prices from suppliers?
            –   Lay off employees?

       • Or, do you
            – Work with customers, suppliers and employees to create new
              products or services that will be successful in the marketplace?
            – Eliminate waste in your business processes and in your interactions
              with customers, suppliers and employees?
            – Collaborate with customers, suppliers and employees to identify
              ways to cut costs in your operations without sacrificing quality or
              service levels or people?
            – Approach your key customers and suppliers and focus on ways to
              help them survive?


4/16/2012                        Copyright 2012 Standard of Trust All Rights Reserved   20
If You Think You Should Be Doing Better—
            Call Standard of Trust

       • Relationship Capital assessments for
         Departments, Divisions, entire Organizations
       • Roadmaps to repair relationships with
         Employees, Customers, Suppliers and
         Markets
       • Integrate Enterprise Relationship Management
         into strategic planning
       • Generating Relationship Capital (RC)
       • Operationalize your Relationships


4/16/2012               Copyright 2012 Standard of Trust All Rights Reserved   21
Standard of Trust
       • Our vision –
            – An efficient economy in which companies operationalize their
              relationships and use relationship capital as a competitive
              advantage, to drive growth and become more efficient - To become
              relationship capitalists


       • Our Mission –
            – The Standard of Trust mission is to assist clients to optimize
              Enterprise Relationship Capital Management so they can compete
              and thrive in the Relationship Economy.




4/16/2012                       Copyright 2012 Standard of Trust All Rights Reserved   22
Standard of Trust

       • Rob Peters
         –Rob.Peters@StandardofTrust.
          com
         –O: 847-698-3614
         –Twitter: @StandardofTrust


4/16/2012            Copyright 2012 Standard of Trust All Rights Reserved   23
We are Relationship Capitalists




4/16/2012             Copyright 2012 Standard of Trust All Rights Reserved   24

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Standard of trust sales presentation deck april 2012

  • 1. Relationship Capital (RC) Capture Measure Flourish
  • 2. Agenda • Companies and Relationships • The Relationship Economy is NOW • The Standard of Trust Approach 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 2
  • 3. All Businesses Begin—And End— With Relationships 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 3
  • 4. When Asked, Many Executives Claim ―Relationships Are Critical To Our Business‖ Employees Suppliers Enterprise Customers Markets 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 4
  • 5. Yet Do Precious Little To Optimize Them • Organization Development Employees • Training • Retention Programs • CRM Customers • Sales force management • Scorecards Suppliers • Vendor Negotiations • Public Relations Markets • Quarterly Reports 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 5
  • 6. Unfortunately, Most Businesses Treat Relationships As A Means To An End 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 6
  • 7. Relationships Drive The Engines Of The Relationship Economy… 4/16/2012 Copyright 2010 2012 Standard of Trust All Rights Reserved 7
  • 8. Quality of Relationships Drive Performance 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 8
  • 9. …And Relationship Capital Is Its Currency 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 9
  • 10. Relationship Capital Builds Your “Brand” In The Marketplace Branding is used to present a consistent ―picture‖ of you in the marketplace • Branding tells others who you are • Branding helps others know what you stand for • Branding is a way to communicate your reputation • Branding is a vehicle to proactively manage your reputation Creating Relationship Capital is a critical part of your organization’s branding efforts 4/16/2012 10 Copyright 2012 Standard of Trust All Rights Reserved
  • 11. Relationship Capital (RC) Is A Fundamental Measure of How Your Company Is Doing In The Marketplace RC makes you findable RC is a catalyst for by others building trust with and transmits people who don’t your already know you reputation on the RC brings internet and opportunities to you elsewhere based on your public reputation RC is based on a mindset of Doing The Right Thing in business: Transparency/Honesty, Accountability/Responsibility, Going the Extra Mile, Support, Empathy/Understanding 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 11
  • 12. The ―Do The Right Thing Mindset‖ Is The Core Of the Standard of Trust Approach… The “Do The Right Thing Mindset” embodies the business values/characteristics necessary for operationalizing relationships in business Transparency/ Honesty Responsibility/ Accountability Go The Extra Mile Support Empathy/ Understanding 12 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved
  • 13. DTRT Relationship Maturity Model (DTRT-RMM) 4/16/2012 13 Copyright 2010 L2012 Standard of Trust All Rights Reserved
  • 14. …Translating Into Excellence in Execution… Quality Service/ Delivery Governance / Focus Control Do the Right thing Mindset Capability Collaboration 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 14
  • 15. …And Generating Relationship Capital Trust Respect Commit ment Relationship Capital Copyright 2012 Standard of Trust All Rights Reserved 4/16/2012 15
  • 16. Relationship Capital (RC) Creates Success New Customers New Talent Attraction Shareholders Partners Economic Product Life Sustainability Competitive Advantage Processes Customers Profitability Employees Key Suppliers Retention Partners Revenues Market Share Geographies Capitalization Growth New Products/Services 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 16
  • 17. Tomorrow’s winners will embrace the Relationship Economy as a way of business • Tomorrow's winners will be the companies who change their underlying business models or channels in a way that is creative, revolutionary, and difficult to mimic • A Relationship Economy represents a fundamental change in the way companies relate to/with internal and external stakeholders • Relationship Capital is the primary currency of the Relationship Economy: Building it, investing in it, trading it 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 17
  • 18. So, If Relationships Are Critical To Your Business… Employees Suppliers Enterprise Customers Markets 4/16/2012 Copyright 2010 Libertango Partners LLC All Rights Reserved 18
  • 19. And This Is What You Are Doing About Them… • Organization Development Employees • Training • Retention Programs • CRM Customers • Sales force management • Scorecards Suppliers • Vendor Negotiations • Public Relations Markets • Quarterly Reports 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 19
  • 20. How Is That Working For You? • When times are hard, do you – Raise prices? – Demand extended payment terms from vendors? – Put downward pressure on prices from suppliers? – Lay off employees? • Or, do you – Work with customers, suppliers and employees to create new products or services that will be successful in the marketplace? – Eliminate waste in your business processes and in your interactions with customers, suppliers and employees? – Collaborate with customers, suppliers and employees to identify ways to cut costs in your operations without sacrificing quality or service levels or people? – Approach your key customers and suppliers and focus on ways to help them survive? 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 20
  • 21. If You Think You Should Be Doing Better— Call Standard of Trust • Relationship Capital assessments for Departments, Divisions, entire Organizations • Roadmaps to repair relationships with Employees, Customers, Suppliers and Markets • Integrate Enterprise Relationship Management into strategic planning • Generating Relationship Capital (RC) • Operationalize your Relationships 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 21
  • 22. Standard of Trust • Our vision – – An efficient economy in which companies operationalize their relationships and use relationship capital as a competitive advantage, to drive growth and become more efficient - To become relationship capitalists • Our Mission – – The Standard of Trust mission is to assist clients to optimize Enterprise Relationship Capital Management so they can compete and thrive in the Relationship Economy. 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 22
  • 23. Standard of Trust • Rob Peters –Rob.Peters@StandardofTrust. com –O: 847-698-3614 –Twitter: @StandardofTrust 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 23
  • 24. We are Relationship Capitalists 4/16/2012 Copyright 2012 Standard of Trust All Rights Reserved 24