Business Reciprocity - The Art of Networking
Dr Sridhar Sundaram
Founder & CEO @ Chandakaa | Business Consultant, Strategic Consultant
Business networking involves creating valuable relationships and establishing oneself as a competent and supportive personality in the industry, rather than only focusing on business. Businesses can expand and enjoy the advantages of their partnerships by embracing reciprocity. Reciprocity in business networking is an ethos that highlights the reciprocal exchange of benefits within the framework of a network. Businesses can cultivate good relationships and ultimately gain benefits for themselves by offering perks such as recommendations to others. The idea of reciprocity implies that good deeds will occasionally receive indirect recompense from friends, co-workers, relatives, and other people. This idea facilitates the establishment of significant connections through authentic human engagement, which can contribute to the expansion and profitability of a firm.?
Establishing reciprocity in business networking entails fostering an environment that embraces gain and cooperation. Strategies to assist in developing reciprocity:
?·???????? Should commence from you (within you).
·???????? Clear communication.
·???????? Assist without being questioned.
·???????? Refrain from giving gifts.
·???????? Identify ways to reciprocate generously.
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The objective is to establish robust, mutually beneficial partnerships. By implementing these tactics, you can cultivate a network that flourishes through mutual exchange.
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