Monday, December 21, 2015

On building a relationship network to enhance influence

In the last post, we saw how to influence people without formal authority. In this post, we will see how to build high-quality relationships, that help enhance your influence.

Why are relationships important?

  • Org charts only explain part of the organizational network, and the interactions that happen. 
  • Controlling for performance ratings, rank, tenure, IQ, grades, school etc., the position in the organizational network predicts promotion, salary, important areas of responsibility, informal influence and power. 

What exactly is a relationship?
  • Social exchange of resources/support etc. define a relationship
  • Offer something to people to "earn" a network
  • What are some categories of resources/support? 
    • Task-related currencies
      • Resources: Budget, space, personnel, information
      • Cooperation: Expediting requests, approvals etc. 
    • Relationship-related currencies
      • Being a friend, and giving a sense of belonging
      • Listening to concerns and issues 
      • Providing political/emotional support 
    • Position-related currencies
      • Advancement and visibility: Opportunity to present to senior management
      • Reputation: endorsements
      • Social capital: introducing to network
    • Person-related currencies
      • Providing opportunities for learning: recommending a course, book etc.
      • Providing self-esteem or self-actualization: gratitude, appreciation, compliments etc. 
    • Use verbal framing to call out the favor you have done (there is no dollar value here!)
    • Invest in a relationship before calling favors: reciprocity vs quid-pro-quo


How good is your current network?

  • Power audit: Identify the 10 most valuable contacts in your current network
  • Rate your dependence on them from 0-10, and their dependence on you as well
    • The most fruitful relationships are those where the mutual dependence is high
    • When your dependence is high, you could be taken advantage of 
    • When someone's dependence on you is high, you could leverage that advantage
      • Clear moral reasons not to do so 
      • Socio-economically as well, when abuse of a relationship happens, people disengage (find alternatives to replace you etc.) until no more value can be extracted. 
      • Look to collaborate, co-create value
What position in the relationship network is beneficial?
  • "Hit by the bus" test. If you are removed from the network, would the network be able to sustain itself?
    • The network depends on you for information, advice, expertise, gossip etc. 

How to cultivate a high-quality network?

  • Engage with people outside the regular circle; broaden your network (typically, people only interact within the same team, physical space, building etc.)
    • Have lunch once a week with someone you do not know
  • Join a professional association, sports club etc. to build out your network
  • Volunteer for a non-profit, for organizing a conference etc.




No comments:

Post a Comment