According to an article written in 2022 by Forbes, it is important to recognize that "business growth doesn't happen overnight, and founders in the process of growing their business are constantly researching effective and innovative ways to expand. One trend that is a constant with business growth is the importance of cultivating relationships, both internally and externally."
We couldn't agree more, and not just because Forbes said so 😉. Two things: cultivating relationships with your employees and colleagues yields increased engagement and productivity for your business. Also, cultivating relationships with your external stakeholders is the key to expansion and profit growth. The article goes on to articulate four reasons why fostering relationships is essentional in building your business, and we are on board:
Retain Better Employees and Maintain Internal Organization
Focussing on building up your employees and fostering internal relationships will yield success in relationships outside of your business.
Gain More Clients & Customers
A given, however it still needs to be said. People are innately relational and are more likely to do business with those in with whom a relationship and trust has been established.
Increase Positive Customer Experiences
Another given, customer service should always be executed with excellence. Creating meaningful touchpoints, connecting with your clients and actively listening to their needs and feedback are incredibly important.
Expand Community Presence
Your community, your city, your province, your nation, the world; all your oyster and the possibilities are endless. Start where you are but work on connecting and fostering relationships well into your communities.
We at The Gift Designers have an awesome strategy for your to achieve conenction with your stakeholders;GIFTING!! With over 21 years of experience in the realm of corporate gifting, believe us when we say that thoughtful giving is immensely impactful. You are gift to your recipients will help greatly to amplify and establish both existing and new realtionships for your business.
Check out our amazing gift options, especially for the upcoming holiday season HERE!