Daily Magazine

Respect!

The art of going small.

(Article by: @Andreas Christodoulou / aka ANDREASCY)

Given the imminent reality of our hyper-connected and hyper-transparent business world, as Robert Peters puts it, it is extremely important to address Relationship Capital as an essential element to achieve the vision of a truly agile business.

Importantly, it is crucial to note that Relationship Capital is of equal if not more importance when compared to Fnancial Capital. This ascertainment derives from an evolution in the value and meaningfulness of hard, intangible assets which until recently, were regarded as having a significant contribution towards creating sustainable wealth for a person or corporate enterprise.

Now however, based on the pillars of Relationship Capital and the importance attributed to it, it essential that leaders opt for a balancing act between short-term, financial performance and investments in their business’ Relationship Capital accumulation.

As it is exceptionally put by Eric Schmidt, trust is the most important currency, which is empirically justified by the Self-Determination Theory, an explicit well-defined theory of human motivation.

Robert Peters takes all the above into consideration to elaborate on the need and strategies to bring about change and nurture an ecosystem of trust and more meaningful and engaged loyal culture within businesses, through Relationship Capital process. Above all, he succeeds to interweave the mediation role of knowledge management and evolution in contemporary organizational culture. 

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The proliferation of emerging technologies and globalization, have vastly influenced the needs and demands of leaders and businesses in the 21st century.

As we enter a new era of organizational culture, the potential is there for leaders to conquer new grounds in terms of Relationship Capital and regardless of their level, become Relationship Capital Stars.

The complexity of the term and its ill-defined analysis relate to the lack of disparity in analysis and quantifiable evidence on the realm of human behavior.

Thankfully, this is no longer a reality with the insights and strategies provided by Robert Peters in this well-researched book on how to reach a high standard of Trust Leadership through addressing Purpose, Performance, and Relationship Capital.

The latter, according to the author are prerequisites to flourish and nurture in our digitally-mediated, hyper-connected business world.

Briefly put, if you want your business organization’s culture to stand out and thrive, read the advice on this book and become a Standard of Trust.

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