Whether you are just graduating from college or a senior professional starting a new business or 2nd career, you probably be working with people from across the globe offline and online. So the ability to collaborate, innovate and earn Relationship Capital (RC) is critical to your success. Being trustworthy with all your stakeholders is important across all cultures.
Your reputation as an individual, product, and business will be foundational to your ability to stand out from the crowded marketplace. With the emergence of social business, capturing and measuring Relationship Capital (RC) will be the analytical way to provide tangibility to a previously intangible world.
Relationship Capital (RC) is an accounting of the interactions between “entities”, including people, businesses and products. Interactions include Commitments (actions) and Perceptions (thoughts and feelings). Entities earn RC by keeping Commitments and obtaining positive Perceptions. They receive a Relationship Capital Point (RCP) for each fulfilled Commitment, and an RCP, or a fraction thereof, for each positive Perception obtained. RCPs are deposited in an RC Account under the strict control of its owner entity.
The objectives of RC are to provide a common vocabulary for relationship interactions and to account for the interactions as they occur. Accordingly, RC uses a “standard-in-the-cloud” platform to enable entities to engage in interactions and capture RCPs in near real time. The platform is provided by RNIA, an independent body.
People and businesses across the world will be looking to find online businesses, products, and people that have a track-record of accountability in their relationships. Relationship Capital (RC) is the new “Passport” of your acceptance in social business across the globe!