Selling Trust into the Sales Process (Episode 40) Trust Matters,The Podcast

Welcome to the newest episode of Trust Matters, The Podcast. Listeners submit their personal questions about professional relationships, trust, and business situations to our in-house expert Charles H. Green, CEO, Trusted Advisor Associates, and co-author of The Trusted Advisor.

Jennifer from a Telecommunications company writes in and asks, “I know you’ve written about Trust-based Selling. My question is not to ask you to explain Trust-based Selling, but instead how to SELL the Trust-based Selling approach into my sales training team?  What’s the hook? The business case? How can I get them to consider it seriously?”

Do you want to send your questions to Charlie & Trust Matters, The Podcast?

We’ll answer almost ANY question about confusing, complicated or awkward business situations with clients, management, and colleagues. Email us: podcast@trustedadvisor.com

Building Trust In A Crisis



Pandemic. Covid-19. Unprecedented. New normal…

… You can write the rest of this paragraph yourself – things have changed. Is there anything left to be written about it all?

Yes there is. It’s about trust. In particular – how do you manage interpersonal trust in professional relationships?  How have trust dynamics changed in working with and selling to clients? What about trust in management and leadership?

For over 20 years, Trusted Advisor Associates has helped professionals deepen trust with clients and colleagues. We built this page to share our most-relevant thinking on navigating trust in professional relationships during the current crisis.

Click on Areas of focus:



Emotional Components of Trust

In normal times, the emotional aspects of trustworthiness (Intimacy and Self orientation) are slightly more powerful than the non-emotional traits (Credibility & Reliability) See The Trust Equation to learn more.

Now, the importance of those emotional components is multiples more – since the overwhelming response to a crisis like this is an emotional one. Broadly speaking, we need to manage our Self-orientation and increase our Intimacy.

Self orientation

Your self-orientation is likely to be high right now, whether you realize it or not. On the other hand – so is everyone else’s.

We recognize – and will remember – those who are able to genuinely reach out beyond their own psyches and connect with others in such times.

Grant yourself the grace to realize that things are different . Recognize and acknowledge what you are experiencing, and manage your Self-orientation moving forward.

Resources

Intimacy & Empathy

Everyone deals with stress in their own way. You are unique – and so is everyone else.

Remember the acronym, N.A.P.A.L.M.: Not All People Are Like Me. Others’ experiences are likely to be different from yours, even if their circumstances appear to be similar.

In times of stress, empathy is rare: at the same time, it’s vastly more valuable.  The ability to truly understand (while not necessarily agreeing with) the other person’s situation creates emotional safety, or Intimacy, for the other person. And Intimacy was already the most important factor in the Trust Equation.

Resources



Virtual Communication & Leadership

The hallmark of the COVID-19 crisis is that it requires physical distancing. It raises to the forefront the question: How do you create trust at a distance? Those who figure that out now will be appreciated, effective, and successful going forward.

Resources

Above All Else…

Trust is personal. Organizations don’t build trust, people do.

Let us know what you’re experiencing, and how we can help the people in your organization build trust in these times of change. Please reach out. We look forward to the conversation.

Building Client Trust During a Crisis

As the Novel Coronavirus pandemic disrupts business across the globe, companies are scrambling to  assess and mitigate the near-term impact to their business. One of our clients recently shared an email he sent to his team of client relationship partners, reminding them to take a trust-building approach: reach out with information, but foremost with humanity.

Dear [name],

Last week we sent some information to share with your clients regarding COVID19. In addition to the technical support information that we should be sharing, I want to reinforce the importance of communicating directly with our clients on a personal level as well. While it is natural, and even responsible, for us to see how we can support their business, now can be the defining moment to make personal connections and establish long-lasting trust.

While there will be immediate opportunities to help clients with risk assessments, supply chain optimisation, cost reduction and resource augmentation, etc., the objective of contacting them TODAY should be to see how COVID19 is affecting their job, but more importantly to simply see how they are doing personally. Some questions to consider:  

  • How is COVID19 impacting their day-to-day life?  
  • How is this impacting how they are making near-term business decisions?
  • How is this impacting their direct reports and completing short term projects?
  • What other pressures is this putting on them, both professionally and personally?
  • How is this impacting them and their family?

During our conference last June, Charlie Green talked to us about what we can do to become our client’s Trusted Advisors. If you recall the “Trust Equation”, two key elements to establish trustworthiness include increasing “intimacy” while lowering our own “self-orientation”. Taking the time to personally call your clients – and not profiteering during crisis – is a good step towards gaining their trust and will pay dividends in the future.

Now is the time to speak with your clients and talk to them as a person and not as a target/fee source.

 Kind regards,

 Scott

While Scott specifically highlights intimacy and self-orientation, two factors of trustworthiness found in the trust equation, this email is also an excellent illustration of the four trust principles in practice.

We couldn’t have said it better ourselves.

Does Trust Differ From Salesperson to Sales Management? (Episode 36) Trust Matters,The Podcast

Welcome to the newest episode of Trust Matters, The Podcast. Listeners submit their personal questions about professional relationships, trust, and business situations to our in-house expert Charles H. Green, CEO, Trusted Advisor Associates and co-author of The Trusted Advisor.

Dr. Peter Johnson, Clinical Professor of Marketing at Fordham’s Gabelli School of Business in New York. Dr. Johnson writes in to suggest we talk about the role of trust in a critical business transition –  from a salesperson to a sales manager.

Learn more about the basic tools of trust and professional relationships. Play the podcast episode above and register for our next webinar on February 25.

 

Professional Trust 101 (Episode 35) Trust Matters,The Podcast

Welcome to the newest episode of Trust Matters, The Podcast. Listeners submit their personal questions about professional relationships, trust, and business situations to our in-house expert Charles H. Green, CEO, Trusted Advisor Associates and co-author of The Trusted Advisor.

A sales manager from Florida writes us in regards to the podcast’s material, “Great podcast but I feel like I’m operating three levels down in a larger system. Is there a bigger way of looking at trust? Did I miss the session on Trust 101?”

Learn more about the basic tools of trust and professional relationships. Play the podcast episode above and register for our next webinar on February 25.

Do you want to send your questions to Charlie & Trust Matters, The Podcast?

We’ll answer almost ANY question about confusing, complicated or awkward business situations with clients, management, and colleagues.

Email: podcast@trustedadvisor.com

We post new episodes every other week.

Subscribe to get the latest episodes:

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Move Qualified Sales Leads Down the Funnel by Bringing a Risky Gift (Episode 34) Trust Matters,The Podcast

Welcome to the newest episode of Trust Matters, The Podcast. Listeners submit their personal questions about professional relationships, trust, and business situations to our in-house expert Charles H. Green, CEO, Trusted Advisor Associates and co-author of The Trusted Advisor.

The owner of a small consulting firm writes in and says: “We’re getting great inquiries but, after the first phone call or meeting, we’re not converting them. We’ve got great credentials and I know we can do the work. I’d guess that we’re only moving about 25% of our good leads into serious contention. Have you got any ideas?”

To read more about this topic read a recent post:

Do you want to send your questions to Charlie & Trust Matters, The Podcast?

We’ll answer almost ANY question about confusing, complicated or awkward business situations with clients, management, and colleagues.

Email: podcast@trustedadvisor.com

We post new episodes every other week.

Subscribe to get the latest episodes:

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Android
Google Play
Spotify
Via Email

Under-Promise and Over-Deliver for Clients? BAD Idea (Episode 30) Trust Matters,The Podcast

For our 30th episode, a tech expert asks if it is a good idea to OVER-DELIVER for a client and exceed their expectations.

This week’s episode touches on our own reputation, business development, and managing client relationships.

To learn more about the topic of managing expectations, read this blog post:

We’ll answer almost ANY question about confusing, complicated or awkward business situations with clients, management, and colleagues.
Email us at: podcast@trustedadvisor.com

We’ll be posting new episodes every other week.

Subscribe to get the latest 
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Recovering Lost Client Trust (Episode 29) Trust Matters, The Podcast

A manager at a global consultancy firm asks, “How do I mend lost trust with a client whom we used to have an excellent relationship with? This relationship went sour due to a disagreement with one particular executive a few years back, and he still maintains a leadership role.”

Do you want to send your questions to Charlie & Trust Matters, The Podcast?

We’ll answer almost ANY question about confusing, complicated or awkward business situations with clients, management, and colleagues.

Email: podcast@trustedadvisor.com

We’ll be posting new episodes every other week.
Subscribe to get the latest 
episodes

Should I Start Consulting Or Stay In-House? (Episode 28) Trust Matters, The Podcast

An experienced B2B, technology Product Leader asks, “Should I break out and become a SME Consultant, starting my own practice or should I continue working at bigger companies? What do I need to know about starting my own consulting business?”

Do you want to send your questions to Charlie & Trust Matters, The Podcast?

We’ll answer almost ANY question about confusing, complicated or awkward business situations with clients, management, and colleagues.

Email: podcast@trustedadvisor.com

We’ll be posting new episodes every other week.
Subscribe to get the latest 
episodes

The Dark Art of Ghosting in Business

I first became aware of “ghosting” as a concept over a decade ago, when a young friend informed me she had been “Caspered” by a boyfriend. I had to ask her to explain.

In case you’re as clueless today as I was at the time, here’s the Urban Dictionary’s definition. Key line:

  • The act of suddenly ceasing all communication with someone the subject is dating, but no longer wishes to date. This is done in hopes that the ghostee will just “get the hint” and leave the subject alone, as opposed to the subject simply telling them he/she is no longer interested

Interestingly, even as woke a place as the Urban Dictionary includes a near-moral judgment about the phenomenon: it is “closely related to the subject’s maturity…[and] proves the subject is thinking more of themselves than the ghostee.” A rather obvious nod to the concept of Self-Orientation, the denominator in the Trust Equation.

Never mind the ethical angle; I don’t want to come off as just some moralizer (not that there’s anything wrong with that). I want to state the case for what a stupid, short-term, self-harming phenomenon it is.

Business Ghosts

First of all, ghosting has evolved beyond the dating world. Some business examples might include:

  • Firms ghosting interview candidates somewhere past the beginning of the recruiting process
  • (Interview candidates ghosting the recruiting firm in the same situation)
  • Contractors ghosting vendors who’ve responded to an RFP process (and vice versa)

Basically, any business situation in which an (even mildly) uncomfortable situation is dealt with by simply opting out of normal civil conversation.

Some more perspective:

  • A 2019 Robert Half study shows that 28% of respondents had backed out of a job after accepting an offer.
  • A 2019 Staffing Industry Analysts survey showed that over 40% of respondents say ghosting a potential employer is acceptable. 35% say it’s “very unreasonable” for a company to ghost a potential employee, but only 21% think it’s “very unreasonable” for the potential employee to ghost the potential employer.
  • A friend with a small IT consulting firm who depends on subcontractors told me of recently being ghosted by a sub after having gotten verbal confirmation of commitment to work on a time-critical job.

There is a line of argument that says millennials and Gen Z are to blame. Weaned on social media and anchored to their cellphone screens, the argument goes, we are raising a generation of socially incompetents. (For an excellent take on the issues facing this age cohort, I recommend Jonathan Haidt and Greg Lukianoff’s most recent book, The Coddling of the American Mind: How Good Intentions and Bad Ideas are Setting Up a Generation for Failure).

However, I’m not going to go there regarding ghosting, because I don’t want to let the rest of us off the hook. As the Urban Dictionary notes, it’s an issue of maturity: and just because it’s an age thing doesn’t mean it’s a generational thing. It’s something that hopefully we grow out of as we get older.

So, let’s look at it from the point of view of the ghoster, and the ghostee.

When It’s OK to Ghost

This one’s easy.

Basically, never.

Sure, you can come up with some convoluted morally-ambiguous scenarios in which non-involvement or silence is somehow the lesser of two evils. But let’s get real: it’s simply not OK to ghost people in the midst of normal commercial-human behavior.

Beyond the dictates of normal social behavior, there are plenty of good reasons. Your reputation will suffer, as will that of your firm. You will create unnecessary resentments. You will annoy at best and hurt at worst other people. You burn bridges. You set a bad example. You create bad habits.

Really, that should be enough. Just Don’t Do That.

What to Do When You’re Ghosted

Basically, you’ve got four choices; and only one of them is acceptable.

  • Keep hounding them. Classic can-kicking down the road. Postponement is not solution.
  • Reach out positively to give them another chance. Definitely worth one try. Not worth two, because it’s likely to just drive the offender deeper into their behavior. Plus, life is short.
  • Publicly shame them. Tempting, but to all the wrong parts of your psyche. Resentment is like taking poising and waiting for the other person to die. Don’t indulge in it.
  • Resolve never to do business with them again, and move on. They’ve shown you their true colors; time to believe them, and move on.

So, what can you do if you’re ghosted? Honestly – nothing. Find some learning in it, and move on.

How to Prevent Being Ghosted In the Future

This may be the only situation worth talking about.

You can do a few things reduce the chances of it happening again.

  • For one, maximize emotional bandwidth at the outset. If you can’t meet personally, then do video calls rather than audio. If you can’t do video calls, then do audio calls rather than email. If you can’t do phone calls, then write lengthy emails rather than short ones. The more personal connection you establish up front, the less people are likely to ghost you.
  • For another, take a small risk on them at the outset. The logic here is that people tend to reciprocate. If you trust them, they’re more likely to be trustworthy with you. That might mean a small upfront payment; or a sharing of some intellectual property; or a sharing of information about your own business. Your choice: the point is to take a risk, so they’ll take a risk on you.
  • Share something about yourself that is personal early on. Again, people tend to reciprocate, and they’re likely to respond similarly. People are more likely to come to you with conflicts if you’ve had some level of interpersonal sharing than if they think they “really don’t know you anyway, so what the heck.”

You’ll notice these are all small ways of increasing trust up front. Establishing trust up front is the best inoculation against the violation of trust later by someone who’s vulnerable to the immature and destructive act of ghosting.

And, not that it’s your job, but doing so will help add to the emotional maturity of the contractor, and make things a little better in the world at large. Not a bad deal: reduce your risk, and help fix a tiny part of the world at the same time.  Be an ambassador of trust.