Capitalizing on Kindness
eBook - ePub

Capitalizing on Kindness

Why 21st Century Professionals Need to Be Nice

Kristin Tillquist

Share book
  1. 253 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Capitalizing on Kindness

Why 21st Century Professionals Need to Be Nice

Kristin Tillquist

Book details
Book preview
Table of contents
Citations

About This Book

Offers important tips and practical suggestions for gaining an advantage in business through acts of kindness and respect by highlighting how a good rapport and caring attitude benefits the bottom line, creating a culture of kindness at work, and avoiding barriers when using kindness as a strategy for success.

Frequently asked questions

How do I cancel my subscription?
Simply head over to the account section in settings and click on “Cancel Subscription” - it’s as simple as that. After you cancel, your membership will stay active for the remainder of the time you’ve paid for. Learn more here.
Can/how do I download books?
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
What is the difference between the pricing plans?
Both plans give you full access to the library and all of Perlego’s features. The only differences are the price and subscription period: With the annual plan you’ll save around 30% compared to 12 months on the monthly plan.
What is Perlego?
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Do you support text-to-speech?
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Is Capitalizing on Kindness an online PDF/ePUB?
Yes, you can access Capitalizing on Kindness by Kristin Tillquist in PDF and/or ePUB format, as well as other popular books in Commerce & Culture sur le lieu de travail. We have over one million books available in our catalogue for you to explore.

Information

Year
2008
ISBN
9781601638892
Chapter 1
KINDNESS CAPITAL
004
The more credit you give away, the more will come back to you. The more you help others, the more they will want to help you.
—Brian Tracy, author

The 21st century is not for the timid. It is not for the unprepared, unmotivated, or weak. To be successful in today’s professional environment—characterized by technology, intense competition, global market forces, and escalating expectations—you need many things: determination, well-articulated goals, and a bit of luck. But, more than any of those, you need kindness.
The business world is a place for the vibrantly, positively, dynamically nice. Not the “roll over and play dead” of the passively nice. Not the “if I stay quiet and work hard, maybe I’ll eventually get noticed” approach. Not the self-sacrificing, give-till-you-bleed kind of generosity. And not the “let everyone trample all over you” niceness. Rather, kindness becomes a business asset—the business asset—when you couple a caring attitude toward others with a strong and savvy business approach. Kindness not only helps others, it helps you be as successful as you want to be.
Often people see business as a choice between being kind and being successful. This is a fictitious trade-off. Nice people are more successful. They start with what is kind, and then (and only then), think of how benefits might flow to them. It is precisely because of our 21st-century business climate that the intentional development of kindness is so important. We can no longer conduct business as usual and expect to be successful. Yesterday’s business style will not create today’s business success.

Create Kindness Capital

More and more companies are recognizing the strategic value of social responsibility...
—Arthur A.Thompson Jr., business strategy author

This book will take you on a crash course in kindness and show you how to develop “kindness capital.” Kindness capital is what is built up when you consciously set out to be kinder and to develop your skills at applying kindness. Kindness capital exists in the individual, in a company, and in society.
From those just starting their careers to the seasoned veteran, the benefits of developing kindness capital are immense. For use in all professional situations, decisions, and transactions, kindness makes the difference between tremendous success and “just getting by.” Kindness, coupled with other professional skills and abilities, enables individual professionals to make their career goals and aspirations happen. Business owners—from mom-and-pop shops to corporate CEOs—have much to gain from kindness. What kind of benefits will you realize when you are kind? Will kindness automatically or instantaneously make you rich, successful, and well respected? No, not always, but it will set you on the course to having the things you want and being the person you want to be. When you learn to use kindness every day to achieve your loftiest goals and simplest everyday desires, you join the ranks of the most successful professionals and businesses on the planet. Just ask Oprah Winfrey, Colin Powell, Warren Buffett, and Sandra Bullock. Take a look at Google, L.L. Bean, and the Gap Inc. J.F.K and J.C. Penney knew it too.
Kindness capital results in increased productivity, reduced absenteeism, and a decreased likelihood of litigation. It makes it easier to attract and retain top-notch employees. It can make the difference between plodding along with a small market share and exploding into the market. Niceness will ensure you are a business of choice, a boss of choice, or an employee of choice.
Five powerful tools for developing kindness capital make such results possible:
1. The Power of Reputation: building a strong caring reputation.
2. The Power of Reciprocity: giving and garnering reciprocal kindnesses and favors from others.
3. The Power of Personality: learning to be someone that others like.
4. The Power of Thanks: being appreciative of others.
5. The Power of Connecting: connecting with others and building a strong network.
The Five Powers of Kindness are the complete package, a total solution, for professional success. Each of the Five Powers is largely a commonsense approach that you will readily recognize as a solid business choice. Kindness in business is at the core of what people really mean when they talk about “soft skills.” Yet most people and businesses are completely unaware of how kindness affects business. Instead, they talk about customer service, communication skills, interpersonal abilities, and a myriad of other terms that point to simply demonstrating care for others in business.
Unfortunately, misunderstanding kindness in business makes for a lot of misguided efforts. Attempts at professional growth that neglect kindness offer only partial solutions. Communication skills without a firm grounding in kindness fall flat, leading to disingenuous and thin interactions. Leadership skills without a caring and genuine interest in those you lead will be transparent. The stellar education you use to impress others will only make weak allies without an interest in supporting you in times of need. In the following chapters, dedicated to each of the Powers, we will examine how to apply kindness to your career or business in order to achieve the best results for others, and for you. The “practice pointers” at the end of each chapter will help you implement the techniques you’ve learned.
Above all else, building kindness capital is about being self-aware, being conscious of your effect on others. We have a tremendous impact on each other throughout our personal and professional lives. Identify opportunities for kindness, and be more intentional about cultivating kindness capital in your professional life.
When you use the Five Powers, you raise the level of kindness capital all around you.
Go ahead and describe a valued coworker. What words would you use? What if you were to describe your ideal boss? Your favorite client? A stellar supplier or technology provider? Your best friend? How about yourself? Kindness is that highly desirable constellation of values and behaviors recognized as: respect, consideration, sincerity, forthrightness, helpfulness, understanding, patience, generosity, positiveness, caring, and just plain old everyday niceness.
These are the qualities that attract others, and win hearts, minds, loyalties…and business.
So, what does kindness look like at the corporate, rather than the individual, level? Can a company be nice? Who are the people to whom a company should be nice? In business, kindness has often been labeled “corporate social responsibility,” but I think of it as “corporate kindness.” Prime employees flock to “nice” companies, boosting their performance, quality, and customer loyalty. Starbucks practices corporate kindness through charitable giving, employee volunteer opportunities, and a positive work environment. Correspondingly, it attracts the best employees in the service industry and develops high customer loyalty—two conditions critical for a healthy bottom line. Google is another global company that has turned corporate kindness to its advantage—and into profits. Known for doing right in the communities in which it is based, and creating a welcoming environment for its employees, Google knows that niceness is, indeed, a business advantage. Neither Starbucks nor Google allows kindness to be seen as a weakness. Rather, they make niceness a key tool in their success, allowing them to garner market share, reap profits, and set themselves ahead of their competition.
However, few professionals or corporations currently boast kindness on their resume, in their professional biographies, in their advertising, or on their Websites. When asked for strengths or corporate values, few brag that kindness is their forte.
They should.
In a world full of choices, being nice is a smart business strategy. But there are barriers that get in the way of kindness if we let them. The good news is that most of these obstacles, the “kindness inhibitors,” are indeed myths—mere figments of society’s imagination. They fall by the wayside as we look at the facts and data that link kindness to success. A study initiated by Johnson & Johnson with the Ethics Resource Center in Washington, D.C., determined that businesses that adopt a written commitment to social responsibility, and act on that commitment, reap more profits than companies that don’t.1 Literally.
Johnson & Johnson’s chairperson, James Burke observed: “If you had invested $30,000 in a composite of the Dow Jones 30 years ago, it would be worth $134,000 today. If you had put that $30,000 into these [socially and ethically responsible] firms—$2,000 into each of the 15 [in the study]—it would now be worth over $1 million.2 Companies that make kindness part of their mission outperform those that don’t.
More good news: The barriers are readily surmountable once we bust open the thinking that allows for their existence. I will show you how as we debunk one kindness inhibitor at the end of each chapter. As Henry Ford said, “Obstacles are those frightful things you see when you take your eyes off your goal.” When you keep your eye on the goal of building kindness capital, these little barriers become insignificant and easily manageable.
But let me add an important caveat here: Niceness must be genuine to really work. Put-on kindness to garner favor, feigned interest to gain an advantage, or insincere compliments to mask an ulterior motive will quickly be seen through. Only when you cultivate a real interest in helping others succeed alongside you will you realize the full and lasting power of kindness. This book gives you a lens to not only learn the benefits of kindness as a business tool, but also to give you inspiration to cultivate and anticipate the best in, and for, others.

21st-Century Imperative

It’s no use saying “We are doing our best.” You have got to succeed in doing what is necessary.
—Sir Winston Churchill

What’s more, 21st-century professionals can’t afford not to be nice. Being mean, uncaring, or inconsiderate simply does not work. It is an unsuccessful approach to business, and it is increasingly unsuccessful as the 21st century rolls forward.
Kindness is needed more than ever during trying economic times. Old measures of success do not work anymore. The relentless, persistent, and creative application of kindness is a new market imperative and prerequisite to thriving in a challenging economy. Companies that fail to develop kindness capital are not as successful as their kind counterparts. Individual professionals who neglect the Five Powers cannot, especially in the long term, keep up with their peers, let alone their competitors.
Lack of kindness costs businesses, well, business. Often thought of as poor customer service, low kindness capital causes customers and clients to flee rapidly, and usually permanently. Particularly now, in the electronic age when there are so many choices, clients will simply move on if they suspect they are being treated poorly. They have many options. They will buy elsewhere, even at an elevated price, if they do not feel cared for.
Highly skilled employees are also highly sought after, and they will move on too—to companies that practice corporate kindness. Similarly, the stereotypical, cutthroat wheeler-dealer lasts only as long as his or her reputation holds out, which is not long at all. Once business partners learn that the wheeler-dealer doesn’t have their best interests in mind, they won’t do business with him again.
The successful 21st-century professional learns to work with others, not against them. Trying to force an outcome with a show of strength rarely works in business. At best, such bravado brings about one deal, one time. Rather, it is the more thoughtful search for mutual benefits that brings others around to the nice guys’ way of thinking…and more business to their doorstep.

The Economy of Kindness

Human kindness has never weakened the stamina or softened the fiber of a free people. A nation does not have to be cruel to be tough.
—Franklin D. Roosevelt

Do good and do well. That is the business philosophy of the Southern California-based, active gaming company Actiga that so attracted my husband, John, and me that we became early investors in this then-risky high-tech startup. This simple guiding principle, coined by its president, Dale Hutchins, and expanded by CEO Amro Albanna, so impressed us that it overcame our usual fiscal conservatism. In conversation with Amro and his wife, Rowena, John and I explored the kindness approach to business. Amro explained that their style of success is founded on the idea that everything their company does should result in something good, something positive, for others. “When we focus on spreading good results, for customers, shareholders, and passers-by alike, we correspondingly do really well financially.” This is the economy of kindness.
This “do good” business strategy is based in Actiga’s main product line. Active gaming applications result in increased fitness and often a reduction in obesity for those who partake. In our increasingly sedentary society, Hutchins and Albanna believe that providing fun, family-based activity and entertainment is the right ticket, a wholesome approach that merges the ever-popular video game with physical fitness. Providing golf, tennis, snowboard, and exercise-cycle products is one way they feel they are doing good. But believing that kindness works in business, they also focus on conducting business in a way that benefits others…and themselves. Clearly they are on to something: their early 2008 public launch has confirmed fast growth and high shareholder value, vaulting the company to a valuation of more than $55 million at the time of this writing.
It is important to reconcile our philosophical approaches—about business, success, and values—to achieve maximum benefits for ourselves and others in the 21st century. To really embrace kindness as a business tool at the individual or corporate level, fundamental mindset shifts are required.

Soft Is Hard

First, we must shift from the hard-nosed approach to realizing that “soft is hard.”3 What might appear gentle, even cautious, can be a well-designed and highly effective business strategy. Robert McNamara, former U.S. Secretary of Defense and former World Bank president, captured the concept that caring about others in business is compatible with success when he said: “I don’t believe there’s a contradiction between a soft heart and a hard head.” The so-called “soft skills” in business measura...

Table of contents