Strategic Relationship Management, Part 1

Several years ago, I started thinking about by professional relationships with authors and agents. I noticed that some relationships were highly profitable and enjoyable. Others were highly profitable but a constant drain on our staff and resources. Others were enjoyable, but had not yet reached their full potential. Still others were unprofitable and unenjoyable. This got me to thinking.

2 x 2 strategic relatoinship matric

I imagined a two-by-two matrix, similar to the Boston Consulting Matrix, with the horizontal axis representing maintenance and the vertical axis representing profitability. (To download a PDF of the full diagram, click here.) I think this matrix describes just about every kind of professional relationship you can have.

©2007 Michael Hyatt, Powered by Standard Theme

Want to know how to get published? Check out this step-by-step guide. Click here!