3 Reasons Empathy Is Vital For The Solidifying Of Business Partnerships

Empathy is vital for the forming, strengthening and maintenance of long-term, highly effective … [+] Getty Images When it comes to the traits that help solidify business partnerships, attributes like trust and a willingness to collaborate to find win-win solutions can play a key role in building a strong, mutually beneficial relationship. But how do you get to that foundation of trust and collaboration in the first place? Quite often, it comes down to empathy — or the ability to detect and understand the feelings of others. Empathy is often confused with sympathy, but it goes so much deeper than that. Sympathy is essentially a sense of pity when someone else is distressed. Empathy, on the other hand, is seeking to truly understand what another person feels, and demonstrate the compassion and understanding they need to feel valued and appreciated. When leaders better understand what empathy is and how it can make a difference in their business relationships, they can position themselves to participate in more meaningful and successful partnerships. 1. Empathy Considers How Different Factors Affect the Partnership While empathy is often described as “walking in someone else’s shoes,” true empathy — especially in the business world — […]

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