Business Relationships Management : Assignment
Added on 2021-02-20
13 Pages3885 Words48 Views
Business Relationships Management
AcknowledgementI would like to express my special thanks to people who have supported me to conductthis research work. It has helped me to improve my current skills and knowledge of businessmanagement with help of management of relationship.
Executive SummeryThis report has been proposed to provide a brief of business relationship management andits importance. Different concepts of business relationship management has been studied in theresearch. Knowledge about stakeholders has been gained along with principle of businessmanagement relationship. Advantages of BRM team also studied in report.
Table of ContentsAcknowledgement...........................................................................................................................2Executive Summery.........................................................................................................................31. INTRODUCTION.......................................................................................................................62. MAIN BODY...............................................................................................................................62.1 Business Relationship Management......................................................................................62.2 Role of Business Relationship Management Team...............................................................62.2.1 Relationship Building.........................................................................................................72.2.2 Train the Leaders................................................................................................................72.2.3 Development of Assertiveness and Diplomatic Ideas........................................................72.2.4 Development of Strong Communication............................................................................82.2.5 Built Joint Initiatives...........................................................................................................83. Impact of BRM Team on the Stakeholders of Organization.......................................................83.1 Employees- ...........................................................................................................................83.2 Owner- ..................................................................................................................................83.3 Financiers-..............................................................................................................................93.4 Managers-..............................................................................................................................94. Business Relationship Management Principles ..........................................................................94.1 Purpose...................................................................................................................................94.2 Reputation and Trust..............................................................................................................94.3 Governance-.........................................................................................................................104.4 Boundaries-..........................................................................................................................104.5 Exchange and Reciprocity...................................................................................................105. Advantages of BRM Team........................................................................................................105.1 Improved Performance.........................................................................................................115.2 Better Working Environment...............................................................................................115.3 Improve the Loyalty of Employees......................................................................................115.4 Productivity..........................................................................................................................116. Impact of Successful BRM of the Competitive Advantage of organization.............................116.1 Better Quality Product.........................................................................................................126.2 Development of Efficient Strategies....................................................................................127. Methodologies............................................................................................................................128. Result and Findings....................................................................................................................129. Discussion..................................................................................................................................1210. Conclusion...............................................................................................................................1311. Recommendation.....................................................................................................................13REFERENCES..............................................................................................................................14
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