MPI Perspective - April 2010 - (Page 8)

quality and diverse relationships you develop who are aware of your characteristics and capabilities, as well as your credibility, which is the quality of your reputation amongst those who know it, determines your current market reputation. Recent college graduates often have low visibility and credibility – they simply haven’t had the chance to earn it yet. As such, their reputation is predominately unknown. With increased credibility and visibility, your reputation becomes unparalleled. So, when considering an individual, team or organization’s reputation, what are the sources of these reputations and the quantifiable outcomes of reputation capital? An individual’s reputation comes from personal characteristics (when was the last time you did a personal SWOT – strength, weakness, opportunities and threats – specifically around your reputation?), professional development efforts, non-working activities, and the company you keep! The quantifiable returns become individual and peer-level recognition, broader appeal and visibility/more interesting and demanding work, personal and professional growth, and personal rewards for performance. A team or group’s reputation is derived from how the team recruits, develops, rewards, and terminates its employees; clear goals and objectives (KPIs) of the team; a clear understanding of “part” of bigger objectives; and the execution skills (“gets things done!”) of the team leader. Reputation capital results include business unit, departmental, or company-wide recognition; current “A players” attracting other A players; reduced involuntary attrition and cost of position replacement; captured and shared best practices; and strong intra-company relationships that attract resources (both capital and human). The organization derives its reputation largely through the personalities of the senior management, shared corporate values, and the financial stewardship of the organization. Great examples include Steve Jobs’ consistent knack for innovation at Apple, Johnson & Johnson’s credo, IBM’s values including respect for the individual, customer service and commitment to excellence, and Cisco’s Employer of Choice campaign. The quantifiable value of reputation capital at an organizational level can manifest itself in preferential access to market opportunities previously deemed improbable, unconditional support in times of business crisis, and lifelines when the bottom falls out of your company. Your personal and professional success depends on the diversity and quality of your relationships with others, yet most of us don’t spend enough time building, nurturing, and quantifying the key relationships we need to achieve success. That’s where Relationship Economics® comes into play. Relationship Economics isn’t about networking; it’s about learning how to invest in people for an extraordinary return. It’s about understanding Relationship Currency®, accumulating Reputation Capital® and building Professional Net Worth®. It’s about learning the art and science of relationships to get things done in a systematic, disciplined manner. So, I ask you again, what’s the strategic value of your business relationships and how proactively are you building your reputation capital? ● © 2010 The Nour Group, Inc. All rights reserved. David Nour is a social networking strategist and one of the foremost thought leaders on the quantifiable value of business relationships. He is the author of Relationship Economics (Wiley, 2008) and ConnectAbility (McGraw-Hill, 2010), a senior management advisor, and a featured speaker for corporate, association, and academic forums, where he shares his knowledge and experience as a leading change agent and visionary for Relationship Economics® — the art and science of relationships. To learn more, please visit www.relationshipeconomics.net or call toll free (888) 339-1333. We have events down to a science At San Francisco’s museum of science, art, and human perception With exclusive access to hundreds of engaging hands-on exhibits, the Exploratorium is perfect for formal dinners, cocktail receptions, launch parties, or just about anything you can dream up! Built-in entertainment of hundreds of interactive exhibits The beautiful backdrop of the historic and picturesque Palace of Fine Arts Seated dining for up to 400 guests; standing receptions for up to 2,500 guests The 125-seat McBean Theater is available for meetings, seminars, product launches and much more—day or night. HOTELS & RESORTS Renaissance ClubSport Walnut Creek 2805 Jones Road Walnut Creek, CA 94597 Phone: (925) 942-6342 Fax: (925) 942-6348 E-mail: fran.pecho@clubsports.com Web: www.renaissanceclubsport.com Renaissance ClubSport is a contemporary hotel conveniently located in the East Bay community of Walnut Creek, CA. This 175 room hotel offers a world-class fitness resort making it ideal for team building retreats and unique meetings. Other amenities include a day spa, fine dining, comfortable rooms and complimentary internet service. Phone: 415.561.0311 E-mail: events@exploratorium.edu www.exploratorium.edu/rentals 8 | MPINCCperspective | VOL. 28, NO. 5 465542_Exploratorium.indd 1 • • • Unique Venues Spotlight • •• 2/8/10 4:51:51 PM http://www.relationshipeconomics.net http://www.exploratorium.edu http://www.renaissanceclubsport.com

Table of Contents for the Digital Edition of MPI Perspective - April 2010

MPI Perspective - April 2010
Contents
President’s Message
Are You Building Your Reputation Capital?
Unique Venues Spotlight
Bored Room?
Meeting Professionals International Northern California Chapter 22nd Annual Conference and Expo Wrap-Up
Getting to know... Joey Nevin
Member Pearls
Chapter Chatter
Advertiser.com
Index to Advertisers
POV

MPI Perspective - April 2010

http://www.nxtbook.com/nxtbooks/naylor/MPIQ0113
http://www.nxtbook.com/nxtbooks/naylor/MPIQ0412
http://www.nxtbook.com/nxtbooks/naylor/MPIQ0312
http://www.nxtbook.com/nxtbooks/naylor/MPIQ0212
http://www.nxtbook.com/nxtbooks/naylor/MPIQ0112
http://www.nxtbook.com/nxtbooks/naylor/MPIQ0411
http://www.nxtbook.com/nxtbooks/naylor/MPIQ0311
http://www.nxtbook.com/nxtbooks/naylor/MPIQ0211
http://www.nxtbook.com/nxtbooks/naylor/MPIH0111
http://www.nxtbook.com/nxtbooks/naylor/MPIH0610
http://www.nxtbook.com/nxtbooks/naylor/MPIH0510
http://www.nxtbook.com/nxtbooks/naylor/MPIH0410
http://www.nxtbook.com/nxtbooks/naylor/MPIH0310
http://www.nxtbook.com/nxtbooks/naylor/MPIH0210
http://www.nxtbook.com/nxtbooks/naylor/MPIH0110
http://www.nxtbook.com/nxtbooks/naylor/MPIH0609
http://www.nxtbook.com/nxtbooks/naylor/MPIH0509
http://www.nxtbook.com/nxtbooks/naylor/MPIH0409
http://www.nxtbook.com/nxtbooks/naylor/MPIH0309
http://www.nxtbook.com/nxtbooks/naylor/MPIH0209
http://www.nxtbook.com/nxtbooks/naylor/MPIH0109
http://www.nxtbook.com/nxtbooks/naylor/MPIH0608
http://www.nxtbook.com/nxtbooks/naylor/MPIH0508
http://www.nxtbook.com/nxtbooks/naylor/MPIH0308
http://www.nxtbook.com/nxtbooks/naylor/MPIH0208
http://www.nxtbook.com/nxtbooks/naylor/MPIH0108
http://www.nxtbookMEDIA.com