Building effective relationships matters

On either side of the Atlantic, the wisdom you get to build relationships with your donors is interesting to learn. This came  true when  Professor Ian Bruce, President, Center for Charity Effectiveness at London’s Cass Business School talked about the theory and practice of building effective relationships.

According to Prof. Bruce, successful relationship building has four components: establishing relationships, strengthening relationships, customer appreciation and relationship strategies. In American terms,  this  means relationship building, stewardship and ongoing donor communications.

You scan your environment to seek out the most influential people interested in your cause. Engage them well, pay close attention to their needs and consider them the most important people in your network. Prof. Bruce advises that you must be ready to talk about the negative things that are  happening at your organization and how you are trying to fix them. What are the pillars that need to be strengthened?

Often, most of us forget the common sense initiatives we need to take to build relationships. This includes reliability (deliver what you promised), responsiveness (give prompt service always), assurance (convey trust and confidence), empathy (a caring attitude), and  always make sure  that you provide the best tangible experience of your assets.

Sometimes, giving up top spots allotted to your  CEO or leadership to high value customers will help strengthen relationships. According to Prof. Bruce, this will help you build financial and social bonding with your high value customer.

His highly acclaimed book “Charity Marketing: Delivering Income, Campaigns and Services,” elaborates on the theory and practice of building effective nonprofit marketing strategies.

Categories: arizona alliance for nonprofits, arizona nonprofits, Art of Giving, Board Contributions to Charity, Branding, business, Business Relations, capital for good, cause marketing, Charitable Giving, Charities, Circle of Giving, committee on corporate philanthropy, content editor, content marketing, content strategist, Contributions, Corporate and Foundation Relations, corporate citizenship, corporate gifts, corporate social responsibility, Creativity, Customer Empowerment, development, donor centered, donor centric fundraising, Donor Engagement, donor retention, Education, education management, employee empowerment, employee engagement, ethical fundraising, focused career expert, focused donor, Foundations, Fundraising, global education, Global workforce India, globalization, human capital management, Making the case for funding, Management, Marketing, marketing mindset, Non profit funding resources, Non-profits, Nonprofit failure, Nonprofit financing, Nonprofit funding, Nonprofit survival, Online Fundraising, Public Relations, Reputation Management, rising to the top, Social Entrepreneurship, stewardship, Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: