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	<title>Trusted Advisor &#187; Charles H. Green</title>
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		<title>How (Not) to Ask for Recommendations, Referrals and References</title>
		<link>http://trustedadvisor.com/trustmatters/how-not-to-ask-for-recommendations-referrals-and-references</link>
		<comments>http://trustedadvisor.com/trustmatters/how-not-to-ask-for-recommendations-referrals-and-references#comments</comments>
		<pubDate>Mon, 21 May 2012 09:59:27 +0000</pubDate>
		<dc:creator>Charles H. Green</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://trustedadvisor.com/?p=5719</guid>
		<description><![CDATA[I recently met a first-time author, who gave me a copy of their book. Shortly after, I got an email from the author’s publicist, saying: &#8220;&#8230;We’d appreciate it if you would post your 5-star review of the book on Amazon…&#8221; Now: I don’t mind being asked to post a review of a book (though this [...]]]></description>
			<content:encoded><![CDATA[<p>I recently met a first-time author, who gave me a copy of their book. Shortly after, I got an email from the author’s publicist, saying:</p>
<p><em>&#8220;&#8230;</em>We’d appreciate it if you would post your 5-star review of the book on Amazon…&#8221;</p>
<p>Now:</p>
<ul>
<li>I don’t mind being asked to post a review of a book (though this ask was poorly done)</li>
<li>I don’t mind being asked by a publicist, as opposed to the author, if it’s done well (this was <em>not)</em></li>
<li>But what frosts me is being <em>told</em> by a publicist what <em>rating</em> to assign the book – without even asking whether I’d <em>read</em> it, or even <em>intended</em> to read it.</li>
</ul>
<p>Let’s break it down: what are the rules governing recommendations, referrals and references? And how many did the publicist violate?</p>
<h2><strong>How <em>to </em>Ask for a Favor</strong></h2>
<p><strong>Rule Number One: Don’t ask for a favor – ask for the <em>repayment</em> of a favor <em>already done</em>.</strong></p>
<p>The ideal way to promote your book is to start 6 months in advance by deciding whose help you’re going to want – and immediately start promoting <em>them</em>.  Comment on their blogposts; tweet their material; introduce them to others.</p>
<p>That way, when it comes time for your ask, they are simply discharging an obligation of etiquette, a favor they are <em>more</em> than happy to grant. (And lest this sound coldly utilitarian, note this is a description of what friends do for friends).</p>
<p>What’s true for books is true for referrals.  Haven’t done any favors for others lately? Then you’re going to come up short when you start trying to ask for favors.  Life is like that. Favors earned are favors granted.</p>
<p>Think that’s not fair? Wrong: it is very, very fair. It’s the essence of the matter.</p>
<p>&nbsp;</p>
<p><strong>Rule Number Two: Assume absolutely nothing.</strong></p>
<p>Remember the saying, “Assume makes an ass of u and me.” Do not assume the person has the time, or the interest, or the inclination, to do you the favor you want.</p>
<p>In fact, make it clear you have no clue whether what you’re asking is reasonable. Say something like, “I realize this may be an inopportune time, or more complex than I realize, or there may be other reasons you can’t do this, and I assure you I don’t mean to be asking for an unnatural act on your part….”</p>
<p>By explicitly saying you’re not making assumptions, you give the other person all the degrees of freedom. You grant them several outs, should they choose to take them; you willfully give up the guilt-trip approach; and you humbly recognize that you are not in a position to judge them.</p>
<p>Let a favor be a favor, not a guilt-tinged, calculated script. A favor freely given is worth vastly more than an extracted behavior.</p>
<p>&nbsp;</p>
<p><strong>Rule Number Three:</strong> <strong>Don’t over-specify the favor.</strong> “Would you consider writing a review on Amazon?” is a perfectly reasonable statement. Asking that my review contain five stars is just insulting: it implies either that my ratings are for sale, or that I needn’t read the book to determine its value, both of which rankle the would-be favor giver.</p>
<p>“I’m not sure what the right next step would be, but would you mind having a look at Joseph’s resume?” That’s fine.  Compare it to, “I’d appreciate it you’d take Joseph’s phone call and meet with him, just for a half hour or so.” That’s over the line.</p>
<p>(A tour guide on the canal in Bruges, Belgium, after a delightful ride, said to me, “May I remind you the ten-franc tip is not included in the admission price.”).</p>
<p>&nbsp;</p>
<p><strong>Rule Number Four:</strong> <strong>Treat it like a big deal</strong>.  Because presumably it is. Which means, you won’t often ask it unless you’ve earned some favors in the favor bank already (see Rule Number One).</p>
<p>And if you <em>have</em> earned some favors – say so. You want to convey very clearly words to the effect of, “I value our relationship; it is strengthened by our mutual collaboration and reciprocal favor-doing. I don’t ask this favor lightly – and I don’t want you to treat it lightly. If you agree you can return this favor to me – or do this favor and I’ll owe you big-time – then we will be that much closer going forward. That’s how I look at this favor; how about you?”</p>
<p>Of course, those are not the words you’ll use; you’ll use words that are right for you.  But they’d better convey that kind of intent.</p>
<p>&#8212;&#8212;&#8212;&#8212;-</p>
<p>A favor asked and given is an invitation to a deeper relationship. Don’t be cheap in granting favors; and don’t be promiscuous in asking for them.</p>
<p>Referrals, references, recommendations; all follow another “R” word – reciprocity. What you give, you get. What you don’t give, you won’t get. To get, give. Pay it forward isn’t some dumb movie line – it’s how it all works.</p>
<p> This post was written by Charles H. Green<br>Charles H. Green is founder and CEO of Trusted Advisor Associates LLC; read more about Charlie at <a href="http://trustedadvisor.com/cgreen/">http://trustedadvisor.com/cgreen/</a>You can follow him on twitter <a href="http://twitter.com/CharlesHGreen">@CharlesHGreen</a></p>]]></content:encoded>
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		<title>Trust Tip Video: The Single Biggest Sin in Sales</title>
		<link>http://trustedadvisor.com/trustmatters/trust-tip-video-the-single-biggest-sin-in-sales</link>
		<comments>http://trustedadvisor.com/trustmatters/trust-tip-video-the-single-biggest-sin-in-sales#comments</comments>
		<pubDate>Fri, 18 May 2012 10:00:37 +0000</pubDate>
		<dc:creator>Charles H. Green</dc:creator>
				<category><![CDATA[Trust TIps]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[trust in business]]></category>
		<category><![CDATA[trust tip]]></category>
		<category><![CDATA[trust tips video]]></category>
		<category><![CDATA[trusted advisor]]></category>

		<guid isPermaLink="false">http://trustedadvisor.com/?p=5710</guid>
		<description><![CDATA[A lot of things can go wrong in sales – and often do. But there&#8217;s probably one thing that stands over all the other as the Ur-error of selling. This particular error is baked so deep into our behavior that you might call it the &#8220;original sin&#8221; of selling. In this week&#8217;s Trust Tip video, [...]]]></description>
			<content:encoded><![CDATA[<p>A lot of things can go wrong in sales – and often do. But there&#8217;s probably one thing that stands over all the other as the Ur-error of selling. This particular error is baked so deep into our behavior that you might call it the &#8220;original sin&#8221; of selling.</p>
<p>In this week&#8217;s Trust Tip video, I examine what that error is, and why it&#8217;s such an egregious mistake. Fortunately, the solution is not that hard – as long as you <em>remember</em> to use it.</p>
<div id="vg_lb_4fb5a78deaeac0277100193c" class="vg_lb"><iframe id="vg_iframe_4fb5a78deaeac0277100193c" src="https://player.visiblegains.com/video/4fb5a78deaeac0277100193c/?width=512&amp;height=332" frameborder="0" scrolling="no" width="512" height="332"></iframe></div>
<div id="vg_fader_4fb5a78deaeac0277100193c" class="vg_fader" onclick="hideLB('4fb5a78deaeac0277100193c')"></div>
<p>If you like the Trust Tip Video series and you like our occasional eBooks, why not subscribe to make sure you get both? Every week we send you selected high-quality content.  To subscribe, <a href="http://trustedadvisor.com/subscribe" target="_blank">click here</a>, or go to <a href="http://bit.ly/trust-subscribe">http://bit.ly/trust-subscribe</a></p>
<p> This post was written by Charles H. Green<br>Charles H. Green is founder and CEO of Trusted Advisor Associates LLC; read more about Charlie at <a href="http://trustedadvisor.com/cgreen/">http://trustedadvisor.com/cgreen/</a>You can follow him on twitter <a href="http://twitter.com/CharlesHGreen">@CharlesHGreen</a></p>]]></content:encoded>
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		<title>Announcing eConsulting and eCoaching</title>
		<link>http://trustedadvisor.com/trustmatters/announcing-econsulting-and-ecoaching</link>
		<comments>http://trustedadvisor.com/trustmatters/announcing-econsulting-and-ecoaching#comments</comments>
		<pubDate>Tue, 15 May 2012 10:46:39 +0000</pubDate>
		<dc:creator>Charles H. Green</dc:creator>
				<category><![CDATA[Leadership Skills]]></category>
		<category><![CDATA[coaching]]></category>
		<category><![CDATA[consulting]]></category>
		<category><![CDATA[trust]]></category>
		<category><![CDATA[trusted advisor]]></category>

		<guid isPermaLink="false">http://trustedadvisor.com/?p=5684</guid>
		<description><![CDATA[Starting today, I am offering a direct consulting/coaching service – one-on-one with me personally, via email – to a limited number of people. Read more about the program at trustedadvisor.com/econsulting All the detail is contained at trustedavisor.com/econsulting, but here are a few FAQs: FAQs Q. How does it work? A. Up to one email interchange [...]]]></description>
			<content:encoded><![CDATA[<p>Starting today, I am offering a <a href="http://trustedadvisor.com/econsulting">direct consulting/coaching service</a> – one-on-one with me personally, via email – to a limited number of people.</p>
<p>Read more about the program at <a href="http://trustedadvisor.com/econsulting">trustedadvisor.com/econsulting</a></p>
<p>All the detail is contained at <a href="http://trustedadvisor.com/econsulting">trustedavisor.com/econsulting</a>, but here are a few FAQs:</p>
<h2>FAQs</h2>
<p>Q. How does it work?</p>
<p style="padding-left: 30px;">A. Up to one email interchange per day between you personally, and me, Charlie Green, for 8 weeks.</p>
<p>Q. What do you mean, you, personally? Doesn’t your team develop the answers?</p>
<p style="padding-left: 30px;">A. Oh no. I mean me, Charlie Green, 100%, personally, individually, writing every email response with my own key-tapping fingers. Me. No one else.</p>
<p>Q. Is this a replacement for your existing coaching offerings?</p>
<p style="padding-left: 30px;">A. No. We continue to offer excellent traditional coaching services through <a href="http://trustedadvisor.com/consultants/stewarthirsch">Stewart Hirsch</a>. This is via email, more concentrated, more transactional, more action-based; read the <a href="http://trustedadvisor.com/econsulting">full eConsulting page</a> for more insight.</p>
<p>Q. Who is it for?</p>
<p style="padding-left: 30px;">A. People who want very fast, very practical, very personalized advice on specific situations from me personally. Got a key client meeting or sales call coming up in two days? That’s what this is for. It’s all in the <a href="http://trustedadvisor.com/econsulting">full eConsulting page</a>.</p>
<p>Q. How many openings are there?</p>
<p style="padding-left: 30px;">A. A one-digit number of slots; this will take time, and I’m not giving up my day job.</p>
<p>Q. How much does it cost?</p>
<p style="padding-left: 30px;">A. Read through the <a href="http://trustedadvisor.com/econsulting">full eConsulting page</a>; it’s there, I promise you.</p>
<p> This post was written by Charles H. Green<br>Charles H. Green is founder and CEO of Trusted Advisor Associates LLC; read more about Charlie at <a href="http://trustedadvisor.com/cgreen/">http://trustedadvisor.com/cgreen/</a>You can follow him on twitter <a href="http://twitter.com/CharlesHGreen">@CharlesHGreen</a></p>]]></content:encoded>
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		<title>Awarding Sales</title>
		<link>http://trustedadvisor.com/trustmatters/awarding-sales</link>
		<comments>http://trustedadvisor.com/trustmatters/awarding-sales#comments</comments>
		<pubDate>Mon, 14 May 2012 10:01:19 +0000</pubDate>
		<dc:creator>Charles H. Green</dc:creator>
				<category><![CDATA[Increasing Sales]]></category>
		<category><![CDATA[Sales]]></category>
		<category><![CDATA[sales]]></category>
		<category><![CDATA[sales contest]]></category>
		<category><![CDATA[sales guru]]></category>
		<category><![CDATA[selling]]></category>
		<category><![CDATA[SPIN]]></category>

		<guid isPermaLink="false">http://trustedadvisor.com/?p=5676</guid>
		<description><![CDATA[A few weeks ago, I was included on a list as a Top 50 Sales &#38; Marketing Influencer for 2012. I appreciate that. I’m going to put it on our website’s front page for a little while, and I want to thank the good people at TopSalesWorld.com who put together the list. I also want [...]]]></description>
			<content:encoded><![CDATA[<p>A few weeks ago, I was included on a list as a <a href="http://www.topsalesworld.com/topInfluencers.php">Top 50 Sales &amp; Marketing Influencer for 2012</a>.</p>
<p>I appreciate that. I’m going to put it on <a href="http://trustedadvisor.com/">our website’s front page</a> for a little while, and I want to thank the good people at <a href="http://topsalesworld.com/">TopSalesWorld.com</a> who put together the list.</p>
<p>I also want to say a few things about awards, about who’s on awards lists – and about selling.</p>
<h2><strong>Who’s On the List</strong></h2>
<p>I’m not a full-time sales guy. There are folks on this list who have devoted their lives to furthering the cause of sales, and I’m a little sheepish about being included in their company.</p>
<p>I’m not just talking about heavyweights like <a href="file://localhost/javascript/%3B">Tony Alessandra</a>, <a href="file://localhost/javascript/%3B">Mark Benioff</a>, <a href="file://localhost/javascript/%3B">Jeffrey Gitomer</a>, <a href="file://localhost/javascript/%3B">Seth Godin</a>, and <a href="file://localhost/javascript/%3B">Neil Rackham</a> (Neil gets my nod for uber-guru).</p>
<p>I’m also talking about some really talented thinkers and doers. Do not consider this list exhaustive, because I’m only going to mention some whom I <em>personally </em>know fairly well, and therefore can <em>personally</em> attest to being great:</p>
<p style="padding-left: 30px;"><a href="file://localhost/javascript/%3B">Ian Brodie</a></p>
<p style="padding-left: 30px;"><a href="file://localhost/javascript/%3B">John Doerr</a> and <a href="file://localhost/javascript/%3B">Mike Schultz</a></p>
<p style="padding-left: 30px;"><a href="file://localhost/javascript/%3B">Anthony Iannarino</a></p>
<p style="padding-left: 30px;"><a href="file://localhost/javascript/%3B">Jill Konrath</a></p>
<p style="padding-left: 30px;"><a href="file://localhost/javascript/%3B">Dave Stein</a></p>
<p><a href="file://localhost/javascript/%3B">Paul McCord</a>, a senior statesman also on the list, noted to me the conspicuous absence of <a href="http://www.ziglar.com/">Zig Ziglar</a>. I myself note the equally curious absence of <a href="http://partnersinexcellenceblog.com/about/hire-dave-as-a-speaker/">David A. Brock</a>.</p>
<p>Still, let’s not get all tizzied up. No list will suit all preferences, else there’d be no need for a list.  But what’s interesting is the idea of sales as a topic for a list.</p>
<h2><strong>Being Great at Sales</strong></h2>
<p>Selling is a fascinating application of human social behavior. It can be done in an anti-social manner (which is where we get our universal negative stereotypes about pushy, greedy, hard-sell salespeople).</p>
<p>But sales is also the locus of some of the best of human behavior. Sales, done rightly, is <em>the art of improving other people’s lives, while getting paid a living for doing so</em>.</p>
<p>I’m aware that this definition also includes therapists (potentially), as well as lawyers, accountants and consultants (again with the caveat). Rightly so.</p>
<p>Human beings interact with each other both well, and badly. Most of us manage many examples of each in the course of a day.</p>
<ul>
<li>Bad interactions are usually based on fear and blame, and manifest as attempts to get others to do our bidding</li>
<li>Good interactions are usually based on beneficence and curiosity, and manifest as attempts to help others.</li>
</ul>
<p>Because we interact on the basis of reciprocity, bad behavior begets more bad behavior, and good begets good. (Anyone detecting a parallel with spirituality here goes to the head of the class).</p>
<p>Which means: the best sales result from motivations that are the <em>opposite</em> of self-interest. I ask you: is <em>that</em> not a fascinating paradox?</p>
<h2><strong>Why Sales is Fascinating </strong></h2>
<p>Many salespeople are fond of saying, “Nothing happens until someone sells something.” This I find mundane.</p>
<p>Much more interesting is that sales is the theater where we act out our most human roles in the business world. Not finance, not manufacturing, not administration: sales. Sales is quintessentially human in its struggle to overcome our own limitations, and to become better people.</p>
<p>The really great authors know this. <a href="http://neilrackham.com/">Neil Rackham</a> wrote <a href="http://www.amazon.com/dp/0070511136/ref=as_li_tf_til?tag=neilrackham-20&amp;camp=14573&amp;creative=327641&amp;linkCode=as1&amp;creativeASIN=0070511136&amp;adid=0JWEHRDDX4Z8RSG03H4Q&amp;&amp;ref-refURL=http%3A%2F%2Fneilrackham.com%2Fbooks%2F">The Book</a> about the necessity of listening before suggesting solutions. <a href="http://www.jillkonrath.com/">Jill Konrath</a> writes about respecting the pressures on our customers’ lives. <a href="http://www.ianbrodie.com/about/">Ian Brodie</a> <em>lives</em> the principles of the curious and gracious salesperson.</p>
<p>I really am honored to be included on this list, and that’s no sales pitch.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p> This post was written by Charles H. Green<br>Charles H. Green is founder and CEO of Trusted Advisor Associates LLC; read more about Charlie at <a href="http://trustedadvisor.com/cgreen/">http://trustedadvisor.com/cgreen/</a>You can follow him on twitter <a href="http://twitter.com/CharlesHGreen">@CharlesHGreen</a></p>]]></content:encoded>
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		<title>Trust is Not Reputation</title>
		<link>http://trustedadvisor.com/trustmatters/trust-is-not-reputation</link>
		<comments>http://trustedadvisor.com/trustmatters/trust-is-not-reputation#comments</comments>
		<pubDate>Fri, 11 May 2012 10:00:09 +0000</pubDate>
		<dc:creator>Charles H. Green</dc:creator>
				<category><![CDATA[Trust Economics]]></category>
		<category><![CDATA[airbnb]]></category>
		<category><![CDATA[capitalism]]></category>
		<category><![CDATA[collaborative consumption]]></category>
		<category><![CDATA[klout]]></category>
		<category><![CDATA[Metrics]]></category>
		<category><![CDATA[sharing economy]]></category>
		<category><![CDATA[trust]]></category>
		<category><![CDATA[zipcar]]></category>

		<guid isPermaLink="false">http://trustedadvisor.com/?p=5639</guid>
		<description><![CDATA[I trust my dog with my life – but not with my ham sandwich. That is but one of dozens of humorous ways to indicate the multiple meanings we attach to the word &#8220;trust.&#8221; It&#8217;s remarkable how good we are at understanding the word in context, given its definitional complexity. One interesting aspect of trust is [...]]]></description>
			<content:encoded><![CDATA[<p>I trust my dog with my life – but not with my ham sandwich.</p>
<p>That is but one of dozens of humorous ways to indicate the multiple meanings we attach to the word &#8220;trust.&#8221; It&#8217;s remarkable how good we are at understanding the word in context, given its definitional complexity.</p>
<p>One interesting aspect of trust is its relationship to the concept of reputation. This issue is coming to the fore in the so-called “<a href="http://trustedadvisor.com/trustmatters/trust-and-the-sharing-economy">sharing economy</a>” or &#8220;<a href="http://www.forbes.com/sites/trustedadvisor/2012/05/02/trusting-and-being-trusted-in-the-sharing-economy/">collaborative consumption</a>&#8221; movement.</p>
<p>Who can you trust on the Internet to deliver the goods they said they would deliver (think eBay), to leave your apartment in good shape if you lease it on <a href="http://www.airbnb.com/">Airbnb</a>, to not be a creep if you offer someone ride-sharing?</p>
<p>It&#8217;s tempting to look at the concept of reputation as the scalable, digital badge of trust that we might append to all kinds of transactions between strangers, rendering them all as trustworthy as your cousin. (Well, most cousins.)</p>
<p>Tempting, but not exactly right.  Because trust, it turns out, is not reputation.</p>
<h2><strong>Greenspan’s Folly</strong></h2>
<p><a href="http://law.umkc.edu/faculty-staff/people/black-william.asp">William K. Black</a> has written about the dire consequences of Alan Greenspan <a href="http://www.alternet.org/economy/153756/greenspan's_laissez_fairy_tale%3A_how_flawed_economic_theories_fail_to_account_for_financial_fraudsters">confusing trust and reputation, saying</a>:</p>
<p style="padding-left: 30px;">Alan Greenspan touted &#8216;reputation&#8217; as the characteristic that made possible trust and free markets. He was dead wrong.</p>
<p>Greenspan believed that Wall Streeters’ regard for their own reputation meant that markets were the best guarantor of trust – because they would perceive their own self-interest as aligned with being perceived as trustworthy.</p>
<p>Unfortunately, Greenspan’s belief was probably based more in ideology than in history or psychology, as the passion for reputation was overwhelmed by the passion for filthy lucre, immortalized in the acronym IBGYBG (“I’ll be gone, you’ll be gone – let’s do the deal”).</p>
<h2><strong>Early Social Reputation Metrics</strong></h2>
<p>Think back, way back, to November, 2006.  A company called RapLeaf was on to something. <a href="Rapleaf%20is%20a%20portable%20ratings%20system%20for%20commerce.%20Buyers,%20sellers%20and%20swappers%20can%20rate%20one%20another%25E2%2580%2594thereby%20encouraging%20more%20trust%20and%20honesty.%20We%20hope%20Rapleaf%20can%20make%20it%20more%20profitable%20to%20be%20ethical.">Here’s how they described</a> their goal:</p>
<p style="padding-left: 30px;">Rapleaf is a portable ratings system for commerce. Buyers, sellers and swappers can rate one another—thereby encouraging more trust and honesty. We hope Rapleaf can make it more profitable to be ethical.</p>
<p>You can immediately see the appeal of a reputation-based trust rating system. And with a nano-second more of thought, you can see how such a system could be easily abused. (“Hey, Joey – let’s get on this thing, you stuff the ballot box for me, I stuff it for you, bada-boom.”)</p>
<p>Then there’s Edelman PR’s pioneering product, <a href="http://tweetlevel.edelman.com/">TweetLevel</a>. It does one smart thing, which is to avoid a single definition of whatever-you-wanna-call it. Instead, it breaks your single TweetLevel score into four components: influence, popularity, engagement, and trust.</p>
<p>Edelman says:</p>
<p style="padding-left: 30px;">having a high trust score is considered by many to be more important than any other category.  Trust can be measured by the number of times someone is happy to associate what you have said through them – in other words how often you are re-tweeted.</p>
<p>According to TweetLevel, here are my scores:</p>
<ul>
<li>            Influence        73.4</li>
<li>            Popularity      70.1</li>
<li>            Engagement   56.4</li>
<li>            Trust               46.9</li>
</ul>
<p>So much for my trustworthiness.</p>
<p>Guess who owns the number one trust score on TweetLevel: it’s Justin Bieber. Now you know who to call for – well, for something.</p>
<h2><strong>The KLOUT Effect</strong></h2>
<p>It’s easy to poke fun at metrics like TweetLevel that purport to measure trust; but in fairness, because trust is such a complex phenomenon, there really can be no one definition. What TweetLevel measures is indeed something – it&#8217;s not a random collection of data – and they have as much right to call it ‘trust’ as anyone else does. Indeed, I respect their decision to stay vague about what to call the composite metric.</p>
<p><a href="The%20Klout%20Score%20measures%20influence%20on%20a%20scale%20of%201%20to%20100">KLOUT</a> raises a more specific question: it directly claims to measure Influence, and is clear about its definition, at least at a high level:</p>
<p style="padding-left: 30px;">The Klout Score measures influence [on a scale of 1 to 100] based on your ability to drive action. Every time you create content or engage you influence others. The Klout Score uses data from social networks in order to measure:</p>
<ul style="padding-left: 30px;">
<li><strong>True Reach:</strong> How many people you influence</li>
<li><strong>Amplification:</strong> How much you influence them</li>
<li><strong>Network Impact:</strong> The influence of your network</li>
</ul>
<p>I find that to be a coherent definition. If I’m a consumer marketer, I want to know who has high KLOUT scores in certain areas, because if they drive action, I want them driving <em>my</em> action.</p>
<p>Note that Klout doesn’t mention reputation at all – just influence. Where does trust come in?  Klout says, “Your customers don’t trust advertising, they trust their peers and influencers.”</p>
<p>Well, I wouldn&#8217;t go there. On TweetLevel, the top three influencers are Justin Bieber, Wyclef Jean, and Bella Thorne. Influencers – definitely. People to be trusted? What does that even mean?</p>
<h2><strong>Trust Metrics</strong></h2>
<p>One problem with linking trust to reputation is that it can be gamed. One problem with linking trust to influence is that notoriety and fame are cross-implicated. Bonny and Clyde were notorious, so was Bernie Madoff and the Notorious B.I.G. – that doesn’t make them trusted.</p>
<p>Take Kim Kardashian. Is she influential? You betcha: her Klout score is a whopping 92. Does she have a reputation? I bet her name recognition is higher than the President’s.</p>
<p>But – do you<em> trust</em> Kim Kardashian? Well, to do what? (By the way, TweetLevel gives her a 70.1 trust score – way higher than mine. Now you know who to ask when you need a trustworthy answer; I&#8217;m referring all queries to her).</p>
<p>So here are a few headlines on trust metrics.</p>
<ol>
<li><strong>They’re contextual.</strong> You can’t say you trust someone without saying what you trust them <em>for.</em> I trust an eBay seller to sell me books, but I’m not going to trust him with my daughter’s phone number.</li>
<li><strong>They’re multi-layered.</strong> Both Klout and TweetLevel correctly recognize that social metrics can’t be monotonic – a single headline number is useful, but it had better have nuances and deconstructive capability.</li>
<li><strong>Behavior trumps reputation.</strong> You can get lots of people to stuff the ballot boxes for you; it’s a lot harder to fake your own  behavioral history. Trust metrics based more on what you <em>did</em>, rather than just on what people <em>say</em> about you, are more solid.</li>
<li><strong>Good definitions are key.</strong> When people say ‘trust’ and don’t distinguish between trusting and being trusted, they’re not being clear. There’s social trust, transactional trust – it goes on and on. Good metrics start by being very clear.</li>
</ol>
<p>So what’s the link between reputation, influence, and trust? There is no final arbiter of that question. Language is an evolving anthropological thing, and as Humpty Dumpty said, words mean what we choose to say they mean. So job one is to be clear about our intended meanings.</p>
<p>&#8212;-</p>
<p>Full disclosure: I have a small interest in a sharing economy company, <a href="https://trustcloud.com/">TrustCloud</a>. I have written more about the sharing economy and collaborative consumption in a <a href="http://trustedadvisor.com/public/White-Paper-Trust-and-the-Sharing-Economy.pdf">White Paper: Trust and the Sharing Economy, a New Business Model.</a></p>
<p> This post was written by Charles H. Green<br>Charles H. Green is founder and CEO of Trusted Advisor Associates LLC; read more about Charlie at <a href="http://trustedadvisor.com/cgreen/">http://trustedadvisor.com/cgreen/</a>You can follow him on twitter <a href="http://twitter.com/CharlesHGreen">@CharlesHGreen</a></p>]]></content:encoded>
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		<title>Customer Death by Survey? Or Just Bad Surveys?</title>
		<link>http://trustedadvisor.com/trustmatters/customer-death-by-survey-or-just-bad-surveys</link>
		<comments>http://trustedadvisor.com/trustmatters/customer-death-by-survey-or-just-bad-surveys#comments</comments>
		<pubDate>Thu, 10 May 2012 10:00:45 +0000</pubDate>
		<dc:creator>Charles H. Green</dc:creator>
				<category><![CDATA[Client/Customer Relationships]]></category>
		<category><![CDATA[customer]]></category>
		<category><![CDATA[custsat]]></category>
		<category><![CDATA[Metrics]]></category>
		<category><![CDATA[surveys]]></category>
		<category><![CDATA[trust]]></category>

		<guid isPermaLink="false">http://trustedadvisor.com/?p=5628</guid>
		<description><![CDATA[I recently wrote an article in RainToday called How To Annoy Your Client  Without Really Trying, about the excess of customer satisfaction metrics. Wouldn’t you know it – someone disagreed with me! I know, hard to believe… But in this case, the someone was pretty interesting and had some good points to make. So please [...]]]></description>
			<content:encoded><![CDATA[<p>I recently wrote an article in <a href="http://www.raintoday.com/">RainToday</a> called <a href="http://www.raintoday.com/library/articles/how-to-annoy-your-client-without-really-trying/">How To Annoy Your Client  Without Really Trying</a>, about the excess of customer satisfaction metrics.</p>
<p>Wouldn’t you know it – someone disagreed with me! I know, hard to believe…</p>
<p>But in this case, the someone was pretty interesting and had some good points to make. So please meet Erich Dietz, of <a href="http://www.mshare.net/">Mindshare Technologies</a>.</p>
<p>&#8212;&#8212;-</p>
<p><strong>Charlie:</strong> Erich, welcome. Let’s jump right in. Consumers <em>are</em> getting surveyed to death… but how can one argue that the solution is as simple as changing the survey script?</p>
<p><strong>Erich:</strong> You’re 100% right that every time a consumer turns around they are getting hit with surveys – surveys from every business they have ever interacted with. It’s a painful exercise that feeds a market research propeller head in an ivory tower somewhere who never shares what he/she knows;<em> that’s</em> what the problem is.</p>
<p>Which means I also agree with you that the solution is <em>not</em> as simple as changing a survey script.</p>
<p><strong>Charlie:</strong> Well, now we’re getting somewhere!</p>
<p><strong>Erich:</strong> This is one of those cases where dirt-simple solutions just aren’t realistic. Businesses must change their mindset – from surveying customers to engaging them.</p>
<p>Engagement derives from demonstrating respect for the customer’s time, showing that feedback is actually being used, and using surveys as part of a meaningful, recurring dialogue.</p>
<p><strong>Charlie:</strong> So, it’s one of those mindset things: back to ground zero.</p>
<p><strong>Erich:</strong> Did you really think otherwise? Me neither.</p>
<p>Unfortunately there will always be businesses that survey in a customer-unfriendly way. But I don’t think anyone is seriously proposing legislation to regulate or ban bad surveying.</p>
<p>What’s important is not how bad most surveying is – what’s important is how a smart company can take <em>advantage</em> of that.  Let me suggest that if your business surveys the <em>right</em> way, then out of the 1,000 survey-invites the customer gets in a day, <em>yours</em> will be the one they elect to take. And that’s huge.</p>
<p><strong>Charlie:</strong> That<em> is </em>pretty big, actually, and what you’re saying is the bad surveys actually make it easier for the really good ones to stand out.</p>
<p>So let’s jump to the question that begs: <em>how</em> does a business go about surveying the “right” way?</p>
<p><strong>Erich:</strong> They increase their focus and commitment to structure, communication, and engagement. Let me start with structure.</p>
<p>Too many surveys are written for the surveyor; they end up long and rigid. Reduce the length of the surveys, focus more heavily on allowing customers to share their experiences, wants, interests, etc. <em>in their own words</em>.  This is a radical change from asking the customer to conform to their rating scales or menu choices on every data point.</p>
<p>Transactional surveys should be no more than 2 minutes, and should set <span style="text-decoration: underline;">accurate</span> expectations with the invite (e.g. “please answer 4 brief questions”).</p>
<p>I strongly recommend that, wherever possible, businesses compensate customers for their time. Think about ways to compensate the survey customer that can actually drive incremental revenue back into the business.</p>
<p><strong>Charlie:</strong> Cool! What about communication?</p>
<p><strong>Erich:</strong> When did you last feel that your feedback went anywhere meaningful? Most businesses miss the simple layup – <em>tell </em>the customer when they make a change based on customer feedback!  You have to show customers you’re listening to – and acting on – the feedback they’ve spent their valuable time providing. Show them their time was not spent in vain.</p>
<p><strong>Charlie:</strong> Common sense, even though it’s not common. Engagement?</p>
<p><strong>Erich:</strong> Use surveys to enhance and deepen customer conversations. When a surveyed customer indicates service lapse, make sure the front line is empowered to follow up – <em>personally.</em></p>
<p>Conversely, for those customers who indicated positive experiences – reach out, frequently, just to say thank you.</p>
<p><strong>Charlie:</strong> Erich, those are eminently sound recommendations. If all survey designers took your advice – well, that’s an interesting thought-experiment. It occurs to me the effect would be massive. Thanks so much for taking time with us.</p>
<p><strong>Erich:</strong> A pleasure, Charlie.</p>
<p>&nbsp;</p>
<p> This post was written by Charles H. Green<br>Charles H. Green is founder and CEO of Trusted Advisor Associates LLC; read more about Charlie at <a href="http://trustedadvisor.com/cgreen/">http://trustedadvisor.com/cgreen/</a>You can follow him on twitter <a href="http://twitter.com/CharlesHGreen">@CharlesHGreen</a></p>]]></content:encoded>
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		<title>Trusted Advisor? Or Just Not a Crook?</title>
		<link>http://trustedadvisor.com/trustmatters/trusted-advisor-or-just-not-a-crook</link>
		<comments>http://trustedadvisor.com/trustmatters/trusted-advisor-or-just-not-a-crook#comments</comments>
		<pubDate>Mon, 07 May 2012 10:00:37 +0000</pubDate>
		<dc:creator>Charles H. Green</dc:creator>
				<category><![CDATA[Trust Principles]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[broker]]></category>
		<category><![CDATA[fiduciary]]></category>
		<category><![CDATA[financial adviser]]></category>
		<category><![CDATA[trust]]></category>
		<category><![CDATA[trusted advisor]]></category>

		<guid isPermaLink="false">http://trustedadvisor.com/?p=5603</guid>
		<description><![CDATA[The term “trusted advisor” has been around a long time.  Recently I wrote about how the phrase has undergone “trusted advisor inflation” and become far more casually used. When Maister, Galford and I wrote the book The Trusted Advisor back in 2001, one of our aims was to debunk the idea that trust was mainly [...]]]></description>
			<content:encoded><![CDATA[<p>The term “trusted advisor” has been around a long time.  Recently I wrote about how the phrase has undergone “<a href="http://trustedadvisor.com/trustmatters/trusted-advisor-inflation">trusted advisor inflation</a>” and become far more casually used.</p>
<p>When Maister, Galford and I wrote the book <a href="http://www.amazon.com/gp/product/0743212347/ref=as_li_qf_sp_asin_il_tl?ie=UTF8&amp;tag=truadvassllc-20&amp;linkCode=as2&amp;camp=1789&amp;creative=9325&amp;creativeASIN=0743212347">The Trusted Advisor</a> back in 2001, one of our aims was to debunk the idea that trust was mainly about competence, credentials and cognition. We said:</p>
<p style="padding-left: 30px;">..becoming a good advisor takes <em>more than having good advice to offer</em>. There are additional skills involved, ones that no one ever teaches you, that are critical to your success…you don’t get the chance to employ advisory skills until you can get someone to trust you enough to share their problems with you.</p>
<p style="padding-left: 30px;">The theme of this book is that the key to professional success is <em>not just technical mastery</em> of one’s discipline (which is, of course, essential), but also the ability to work with clients in such a way as to earn their trust and gain their confidence.</p>
<p>We went on to say:</p>
<p style="padding-left: 30px;">The trusted advisor is the person the client turns to when an issue first arises, often in times of great urgency, a crisis, a change, a triumph or a defeat.</p>
<p style="padding-left: 30px;">Issues at this level are no longer just seen as organizational problems, but also involve a personal dimension. Becoming a trusted advisor, the pinnacle level, requires an <em>integration of content expertise with organizational and interpersonal skills.</em></p>
<p>That was then (2001). To my astonishment, it appears that not everyone in the world has read our book and committed it to memory. (Imagine that.)</p>
<p><strong>Thin Trust</strong></p>
<p>That&#8217;s not the way a lot of the world has come to use the term &#8220;trusted advisor.&#8221; The following quotes are taken from current promotional literature:</p>
<p style="padding-left: 30px;">Full disclosure of conflicting interests is the only way to build and keep trust with your clients.</p>
<p style="padding-left: 30px;">For decades, CPAs in public practice have laid a foundation of trust with clients by competently handling confidential financial data and performing core services such as tax preparation.</p>
<p style="padding-left: 30px;">There has been much talk about how accountants should embrace value based, business improvement services so that they can step up and truly embrace their trusted advisor status. Yet little has been written on how to go about doing that in a way that sits firmly within the accountant’s heartland – the numbers.</p>
<p style="padding-left: 30px;">A trusted adviser offering objective solutions in wealth structuring based on XYZ Research and industry leading global resources…who understands clients’ specific investment needs, structure and area of interest…the trusted advisor is complemented with a team of financial experts and corporate resources.</p>
<p style="padding-left: 30px;">As your trusted advisor, XYZ delivers a wealth strategy service to manage the financial complexities in your life.</p>
<p style="padding-left: 30px;">Your loan closing is just the beginning of our relationship.  Annual mortgage reviews and rate watches are just a few of the benefits XYZ provides to their clients.   That is why __ will not only be your mortgage Planner, but your Trusted Advisor as well.</p>
<p>I’m deliberately not providing links here because I’m not trying to embarrass anyone, but rather to make a simple point: the idea of a “trusted advisor” as synonymous with nothing more than competence, credentials and procedural compliance clearly lives on.</p>
<p>Who should you trust? According to these views, someone who’s been vetted by the industry, many will tell you. How will you know you can trust them? By the number of letters after their name, or by the stress tests they’ve passed. Or in some cases, by the way they are paid (via fees, rather than transactional commissions).</p>
<p>Let’s be clear: basing trustworthiness on whether or not one structurally faces financial temptation is a pretty low hurdle. It reminds me of <a href="http://www.washingtonpost.com/wp-srv/national/longterm/watergate/articles/111873-1.htm">Nixon’s famous utterance, “I am not a crook</a>.”</p>
<p>Barring someone from temptation doesn’t create deep trust in them. While avoiding conflict of interest is a good thing, it’s entry-level stuff.  We reserve deeper trust for those who face temptation, and who nonetheless rise above it through ethics and character.</p>
<p>The bar for being a trusted advisor is higher than not being a crook, being competent, and passing industry equivalents of drug tests.</p>
<p><strong>Reclaiming Trust </strong></p>
<p>A few years ago, we wrote a <a href="http://www.google.com/url?q=http://trustedadvisor.com/public/files/pdf/2010_TA_Whitepaper_Think_Again.pdf&amp;sa=U&amp;ei=HHqmT6m0GoXMtgeX7vj0BA&amp;ved=0CAYQFjAB&amp;client=internal-uds-cse&amp;usg=AFQjCNEcbHhuYv_XLrHjLxAdLvHM4QsHzA">White Paper: If You Think Competency Sells, Think Again</a>. In it we provided research proving what Maister, Galford and I had claimed a decade earlier: that the dominant factors driving trustworthiness are <em>not </em>competence, business acumen and procedural rigor.</p>
<p>The more powerful drivers of trustworthiness are, in fact, the ‘softer’ side of things: the “intimacy” and “other-orientation” factors we identified in <a href="http://www.google.com/url?q=http://trustedadvisor.com/public/files/pdf/articles/2008_The_Trust_Equation_A_Primer.pdf&amp;sa=U&amp;ei=f3qmT8baDcK2tweQt4XcBA&amp;ved=0CAoQFjAD&amp;client=internal-uds-cse&amp;usg=AFQjCNHsO_GqrvEAhgCvoeXF_P0lhWK2qQ">the trust equation.</a></p>
<p>It may have become fashionable to deny it, but human wiring has not changed in the last decade; we are still prone to trust those we feel secure confiding in, and those whom we feel have our best interests at heart.</p>
<p>They’re only beginning to teach that at business schools (<a href="http://trustedadvisor.com/trustmatters/books-we-trust-true-north-groups-by-bill-george">Bill George is an exception</a>). And you will not find it by mastering documented procedures or by improving your business acumen.</p>
<p>&nbsp;</p>
<p> This post was written by Charles H. Green<br>Charles H. Green is founder and CEO of Trusted Advisor Associates LLC; read more about Charlie at <a href="http://trustedadvisor.com/cgreen/">http://trustedadvisor.com/cgreen/</a>You can follow him on twitter <a href="http://twitter.com/CharlesHGreen">@CharlesHGreen</a></p>]]></content:encoded>
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		<title>Trust Tip Video: It Takes Two to Do the Trust Tango</title>
		<link>http://trustedadvisor.com/trustmatters/trust-tip-video-it-takes-two-to-do-the-trust-tango</link>
		<comments>http://trustedadvisor.com/trustmatters/trust-tip-video-it-takes-two-to-do-the-trust-tango#comments</comments>
		<pubDate>Wed, 02 May 2012 10:00:25 +0000</pubDate>
		<dc:creator>Charles H. Green</dc:creator>
				<category><![CDATA[Trust TIps]]></category>
		<category><![CDATA[trust in business]]></category>
		<category><![CDATA[trust tango]]></category>
		<category><![CDATA[trust tip]]></category>
		<category><![CDATA[Trust Tip Video]]></category>

		<guid isPermaLink="false">http://trustedadvisor.com/?p=5551</guid>
		<description><![CDATA[Establishing a trust-based relationship has always been a two-way street. Like a good Argentinean Tango, there has to be a routine where risk and reciprocation are involved. What can you do to build a more trusting relationship? How do you know which role you play in the trust tango? When should you lead, and when [...]]]></description>
			<content:encoded><![CDATA[<p>Establishing a trust-based relationship has always been a two-way street. Like a good Argentinean Tango, there has to be a routine where risk and reciprocation are involved. What can you do to build a more trusting relationship? How do you know which role you play in the trust tango? When should you lead, and when should you follow?</p>
<p>In this week&#8217;s Trust Tip Video, we discuss the difference between trust<em>ing</em> and being trust<em>ed. </em>The two work together cohesively; there is no trust without risk and no trust-based relationship without a first step.</p>
<p><iframe width="500" height="281" src="http://www.youtube.com/embed/GzuMPRUM9FY?fs=1&#038;feature=oembed" frameborder="0" allowfullscreen></iframe></p>
<p>If you like the Trust Tip Video series, and you like our occasional eBooks, why not subscribe to make sure you get both? Every 2-4 weeks we’ll send you selected high-quality content. To subscribe, <a href="http://trustedadvisor.com/subscribe">click here</a>, or go to <a href="http://trustedadvisor.com/subscribe">http://bit.ly/trust-subscribe</a></p>
<p>—————————————————————————</p>
<p>Many Trusted Advisor programs now offer CPE credits.  Please call Tracey DelCamp for more information at 856-981-5268–or drop us a note @<a href="mailto:info@trustedadvisor.com"> info@trustedadvisor.com</a>.</p>
<p> This post was written by Charles H. Green<br>Charles H. Green is founder and CEO of Trusted Advisor Associates LLC; read more about Charlie at <a href="http://trustedadvisor.com/cgreen/">http://trustedadvisor.com/cgreen/</a>You can follow him on twitter <a href="http://twitter.com/CharlesHGreen">@CharlesHGreen</a></p>]]></content:encoded>
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		<title>Chemical Trust and the Science of Explanation</title>
		<link>http://trustedadvisor.com/trustmatters/chemical-trust-and-the-science-of-explanation</link>
		<comments>http://trustedadvisor.com/trustmatters/chemical-trust-and-the-science-of-explanation#comments</comments>
		<pubDate>Mon, 30 Apr 2012 10:00:09 +0000</pubDate>
		<dc:creator>Charles H. Green</dc:creator>
				<category><![CDATA[Trust and Culture]]></category>
		<category><![CDATA[Trust Principles]]></category>
		<category><![CDATA[Dr. Paul Zak]]></category>
		<category><![CDATA[Oxytocin]]></category>
		<category><![CDATA[Reciprocal trust]]></category>
		<category><![CDATA[trust]]></category>
		<category><![CDATA[Wall Street Journal]]></category>

		<guid isPermaLink="false">http://trustedadvisor.com/?p=5541</guid>
		<description><![CDATA[The Wall Street Journal this weekend scored a lot of views with an article on Oxytocin titled, “The Trust Molecule,” by Dr. Paul Zak. Dr. Zak makes one critical, powerful point about trust – its reciprocal nature.  Unfortunately, the article is seriously flawed in its approach to what it calls “the new science of morality.” [...]]]></description>
			<content:encoded><![CDATA[<p>The Wall Street Journal this weekend scored a lot of views with an article on Oxytocin titled, “<a href="http://online.wsj.com/article/SB10001424052702304811304577365782995320366.html?mod=googlenews_wsj">The Trust Molecule</a>,” by Dr. Paul Zak.</p>
<p>Dr. Zak makes one critical, powerful point about trust – its reciprocal nature.  Unfortunately, the article is seriously flawed in its approach to what it calls “the new science of morality.”</p>
<p>Science, schmience.</p>
<p>But let’s start with that one good point.</p>
<h2><strong>Reciprocal Trust</strong></h2>
<p>In discussions about trust, people frequently forget a very simple fact: like tango, it takes two to trust. One party does the trusting, the other party is the one trusted. Risk is taken by the one doing the trusting, and the one who is trusted is the source of that risk.</p>
<p>Critically, the interaction between the trustor and the trustee is reciprocal. One influences the other.</p>
<p>Dr. Zak says, about how to trigger this reaction:</p>
<p style="padding-left: 30px;">…all you have to do is give someone a sign of trust. When one person extends himself to another in a trusting way—by, say, giving money—the person being trusted experiences a surge in oxytocin that makes her less likely to hold back and less likely to cheat. Which is another way of saying that the feeling of being trusted makes a person more…trustworthy. Which, over time, makes other people more inclined to trust, which in turn…</p>
<p>So right! But where Zak goes wrong is in thinking that by identifying the role of oxytocin, he’s actually explained something.</p>
<h2><strong>Chemistry as Explanation</strong></h2>
<p>Zak says flat out in the article that oxytocin is an <em>explanation</em> for a variety of human phenomena:</p>
<p style="padding-left: 30px;">“Research that I have done over the past decade suggests that a chemical messenger called oxytocin <em>accounts for why</em> some people give freely of themselves and others are coldhearted louts, <em>why</em> some people cheat and steal and others you can trust with your life, <em>why</em> some husbands are more faithful than others, and <em>why</em> women tend to be nicer and more generous than men.” (italics mine)</p>
<p>It is no such thing.</p>
<p>For example, Zak hardly discovered the reciprocal nature of trust.</p>
<p>More than half a century ago, <a href="http://quotationsbook.com/quote/39712/">Henry Stimson</a> said, “The only way to make a man trustworthy is to trust him.” Before that, <a href="http://www.quotationspage.com/quote/2067.html">Ralpho Waldo Emerson</a> said, “Trust men and they will be true to you.” I doubt either knew of oxytocin.</p>
<p>Much more importantly, calling oxytocin an explanation for trust is like saying you can explain water by translating the word into the French <em>eau</em>.</p>
<h2><strong>What Makes For an Explanation</strong></h2>
<p>Philosophers (and good scientists) have for millennia suggested that good explanations fit certain criteria. A good explanation might put things in a larger context, as Darwin did with evolution. Or it might suggest a causal link, like tying cigarette smoking to cancer, or lack of hand-washing to sepsis in hospitals. Or, it might shed light on motives, as does the ending of any good TV crime drama.</p>
<p>What Mr. Zak has done is nothing of the kind. He has merely “translated” pieces of wisdom that humans have known for ages into the language of chemistry.</p>
<p>There is a nearly infinite number of ways we can describe any particular phenomenon. I can use the “languages” of poetry, reporting, drama, song, chemistry, and Freudian psychology – all different ways to describe the same underlying phenomena. None have a monopoly on telling the “why” – they are only variations on “how?”</p>
<p>The only relevant question to be asked among these choices is – which is more useful for the task at hand?</p>
<p>Yet Dr. Zak seems to believe he’s on to something. As he puts it:</p>
<p style="padding-left: 30px;">&#8220;After centuries of speculation about human nature and how we decide what is the right thing to do, we at last have some news we can use…many group activities—singing, dancing, praying—cause the release of oxytocin and promote connection and caring.&#8221;</p>
<p>The idea that prayer can promote connection and caring, for example, is hardly new.</p>
<p>I fear that Dr. Zak is but one example of the current faddish approach to things neurological. Putting “neuro-” in front of a topic seems to generate groupie-like behavior in business. Hence we have neuro-marketing, neuro-advertising, neuro-leadership – the list is endless.</p>
<p>But like the Emperor’s new clothes, there’s not much ‘there’ there. Not all description deserves to be called an “explanation.”</p>
<p>Though whatever language you say it in, trusting someone does cause them to be more trustworthy</p>
<p> This post was written by Charles H. Green<br>Charles H. Green is founder and CEO of Trusted Advisor Associates LLC; read more about Charlie at <a href="http://trustedadvisor.com/cgreen/">http://trustedadvisor.com/cgreen/</a>You can follow him on twitter <a href="http://twitter.com/CharlesHGreen">@CharlesHGreen</a></p>]]></content:encoded>
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		<title>Trust in the Search Business: the Bowdoin Group</title>
		<link>http://trustedadvisor.com/trustmatters/trust-in-the-search-business-the-bowdoin-group</link>
		<comments>http://trustedadvisor.com/trustmatters/trust-in-the-search-business-the-bowdoin-group#comments</comments>
		<pubDate>Wed, 25 Apr 2012 12:43:27 +0000</pubDate>
		<dc:creator>Charles H. Green</dc:creator>
				<category><![CDATA[Trust Principles]]></category>
		<category><![CDATA[bowdoin group]]></category>
		<category><![CDATA[principles of trust]]></category>
		<category><![CDATA[sean walker]]></category>
		<category><![CDATA[trust]]></category>
		<category><![CDATA[trust in business]]></category>

		<guid isPermaLink="false">http://trustedadvisor.com/?p=5522</guid>
		<description><![CDATA[The Bowdoin Group is a mid-sized executive recruiting firm based in New England. Sean Walker is a partner at Bowdoin, and heads their Information and Media Division. We met over seafood at the Oyster Bar in Grand Central a few months ago. I’ve always felt that executive search is one of those “perfect” trusted advisor [...]]]></description>
			<content:encoded><![CDATA[<p>The <a href="http://bowdoingroup.com/">Bowdoin Group</a> is a mid-sized executive recruiting firm based in New England. <a href="http://www.linkedin.com/in/seanwalkerbowdoingroup">Sean Walker</a> is a partner at Bowdoin, and heads their Information and Media Division. We met over seafood at the Oyster Bar in Grand Central a few months ago.</p>
<p>I’ve always felt that executive search is one of those “perfect” trusted advisor businesses – like pharmaceutical reps, wealth managers and client managers in accountancies. Perfect <em>in potential</em>, that is; perfection is not the norm in any of those businesses, and far from it in some.</p>
<p>Sean and Bowdoin look like exceptions: they “get it,” and practice the principles of trust, as you’ll see.</p>
<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;</p>
<p><strong>Charlie Green</strong>: Sean, you just lost a big sale; you’re disappointed, but clearly not upset. What’s up with that?</p>
<p><strong>Sean Walker:</strong> It’s not about the transaction, it’s about the relationship. We’ve got three other projects working in that organization, and they like us. This one just wasn’t right for them, hence not for us either.</p>
<p><strong>Charlie:</strong> So how do you think about this business?</p>
<p><strong>Sean:</strong> We don’t think of it as skills-based, and we don’t think of it as project-based. We have to have domain expertise – industry knowledge, networks and so on – but we equally well have to work the relationship. The most important thing we do – and often the hardest – is to approach this business strategically.</p>
<p><strong>Charlie:</strong> Can you say more about what that means to Bowdoin?</p>
<p><strong>Sean:</strong> It means some of what you write about; you never do a deal or a job or a project – you develop an ongoing relationship, which contains jobs along the way.</p>
<p>When we fail, it’s almost always because we started to follow our own agenda, falling in love with the results, the process. When we get it right is when we remember to listen and learn; to be a human capital advisor, helping them to build their organization.</p>
<p>And the funny thing is, the more you focus on the strategy, the better the tactical results happen to get.</p>
<p><strong>Charlie:</strong> How do you deal with the fact that many clients are seeking you out as transactors, looking for a candidate, measuring your lead lists?</p>
<p><strong>Sean: </strong>Some clients are like that, some are not, and some can evolve along with us. The client we just lost that project for is a great client – their sales guy wants us to partner with them to create a new organization.</p>
<p>And clients, just like us, can learn to behave more strategically. People can be very short-sighted, but if you take the time to understand the person you&#8217;ve got on the other end of the line, if you can get some one to be intimate and speak to you about their fears, you can solve not only the immediate issue in front of them, but you can understand both them and the company better. Then you can get to the core. And then it flows.</p>
<p><strong>Charlie:</strong> You said it’s hard to keep focused; what are some of the pitfalls, or temptations, along the way?</p>
<p><strong>Sean</strong>:  Oh gee, let’s see. Goals and targets, if you’re not careful. Clients that want to treat you transactionally, price-haggle, are short-term focused. An industry that, more often than not, thinks opportunistically&#8211;hopping from opportunity to opportunity.</p>
<p><strong>Charlie</strong>: Where does trust fit here?</p>
<p><strong>Sean</strong>: It’s all around. It’s the business, if you do it right. The fact that people let you in and give you that trust, it makes it all worthwhile.</p>
<p><strong>Charlie:</strong> What do you say to those who say, “Yeah, that’s nice, but you’ve got to make money.”</p>
<p><strong>Sean:</strong> They are so missing the point. This way of doing business is 100% more profitable – and it can make your job much easier. Because once you&#8217;ve proven yourself, the business comes back to you&#8211;you&#8217;re not always jumping from opening to opening.</p>
<p>If you take the time up front, it pays off all along the line, across multiple decision-makers. When we fall of the strategic trust wagon, that’s when our profitability goes wrong.</p>
<p><strong>Charlie:</strong> Sean, it’s been a pleasure. Good luck, but I bet you don’t need it.</p>
<p><strong>Sean:</strong> Thanks Charlie, it’s been a pleasure likewise.</p>
<p>&nbsp;</p>
<p> This post was written by Charles H. Green<br>Charles H. Green is founder and CEO of Trusted Advisor Associates LLC; read more about Charlie at <a href="http://trustedadvisor.com/cgreen/">http://trustedadvisor.com/cgreen/</a>You can follow him on twitter <a href="http://twitter.com/CharlesHGreen">@CharlesHGreen</a></p>]]></content:encoded>
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