Question

In: Economics

Why are strong interpersonal relationships important to businesses? What are some obstacles to such relationships?

Why are strong interpersonal relationships important to businesses? What are some obstacles to such relationships?

Solutions

Expert Solution

Interpersonal relationship is defined as a strong, deep, or close association between two or more people that may range in duration from brief to enduring. This association may be based on inference, love, solidarity, support, regular business interactions, or some other type of social connection or commitment. (Ref:Definition: wikipedia).

It is important in business as it helps to achieve:

a. A strong relationship between employees.

b. A feeling of togetherness and orientation towards common goal between employees and employers.

c. Open discussion forum: Even when problems exist in goods/service customers can openly discuss them and management addresses them considering the seriousness.

d. It helps to build better goods and services and also share constructive relationships among shareholders.

Obstacles to such relationships:

1. Dictatorial leadership: If leadership is not ready to accept differing opinions then communication gaps occur.

2. Missing business hierarchy: If powers are too much concentrated or decentralized then relationships start blaming each other.

3. Missing communication between all/some business stakeholders.

4. Igos: Igo problems may make people passive in receiving information.


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