habits #4 & #5

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7 Habits of 7 Habits of Highly Effective People: Highly Effective People: Banking in Banking in Abundance Abundance

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Page 1: Habits #4 & #5

7 Habits of 7 Habits of Highly Effective People:Highly Effective People:

Banking in Banking in AbundanceAbundance

Page 2: Habits #4 & #5

IndependenceIndependence

DependenceDependence

InterdependencInterdependencee

PUBLICVICTORY

PRIVATEVICTORY

Seek First to Understand

… Then to beUnderstood

Synergize

Think Win/Win

Put First Things First

Be Proactive

Begin with the End in Mind

Shar

pen

the

Saw

Page 3: Habits #4 & #5

Principle #1:

“I am free to choose and am responsible for my choices.”

Page 4: Habits #4 & #5

Principle #2:

Mental creation precedes physical creation

Page 5: Habits #4 & #5

Principle #3:

Effectiveness requires the integrity to act

on your priorities.

Page 6: Habits #4 & #5

“You can’t talk your way out of problems you behave

yourself into”

(Stephen Covey)

Page 7: Habits #4 & #5

Habit #4

THINK WIN-WIN

Page 8: Habits #4 & #5

Principle #4:

Effective, long-term relationships require mutual respect and mutual benefit.

Page 9: Habits #4 & #5

Win-Lose

Page 10: Habits #4 & #5

Lose-Lose?

Page 11: Habits #4 & #5

Lose-Win

Page 12: Habits #4 & #5

Win

Page 13: Habits #4 & #5

Win-Win

Page 14: Habits #4 & #5

Win-Winor No Deal

Page 15: Habits #4 & #5

How do you recognise ‘Win-Win’ People?

Page 16: Habits #4 & #5

1. They have an ‘Abundance’ Mentality

Page 17: Habits #4 & #5

I believe there is plenty out there for everybody (e.g. options, success, opprtunities, etc.)

I believe there is only so much: The more you get, the less there is for me.”

I treat everyone with equal respect

I treat people with varying degrees of respect (based on position or status)

I am happy for the success of others

I am threatened by the success of others

AbundanceAbundance ScarcityScarcity

I find it easy to share recognition and credit

I have a difficult time sharing recognition and credit

I have a deep inner sense of personal worth and security

I derive my sense of self-worth from comparison and competitions with others

Page 18: Habits #4 & #5

2. They always seek Mutual Benefit

Page 19: Habits #4 & #5

3. They regularly make deposits into the Emotional Bank Account

Page 20: Habits #4 & #5

Exercise #1:

What kinds of EBA deposits should you be

making regularly?

Page 21: Habits #4 & #5

Attending to the Little Things

Page 22: Habits #4 & #5

Keeping Commitments

Page 23: Habits #4 & #5

Showing Personal Integrity

Page 24: Habits #4 & #5

“One of the most important ways to manifest integrity is to be loyal to those who are not present.”

Stephen Covey

Page 25: Habits #4 & #5

Apologizing Sincerely

When You Make a

Withdrawal

Page 26: Habits #4 & #5

4. They balance Courage with Consideration

Page 27: Habits #4 & #5

Lose/WinLose/WinH

igh

Hig

hLo

wLo

w

Win/WinWin/Win

Lose/LoseLose/Lose Win/LoseWin/LoseCO

NS

IDER

ATIO

NC

ON

SID

ER

ATIO

N

LowLow HighHigh

COURAGECOURAGE

Page 28: Habits #4 & #5

5. They Build Win-Win Systems

Page 29: Habits #4 & #5

Win-Win Win-Lose

All sales-people who achieve 110% of their goal achieve President’s Club

Compensation based on performance and merit

Performance Management system based both on individual performance and team contribution

Top 5% of sales force achieve President’s Club

Performance Management system based on individual performance alone

Compensation system based on seniority and friendliness with ‘the boss’

Class Rankings, ‘A’-count (SPM style)Rubrics / Criterion-Ref (IB style)

Page 30: Habits #4 & #5

Habit #5

SEEK FIRST TO UNDERSTAND, THEN TO BE UNDERSTOOD

Page 31: Habits #4 & #5

Principle #5:

“To communicate effectively, we must first

understand each other”

Page 32: Habits #4 & #5

What is Bad Listening?

Page 33: Habits #4 & #5

“Most people do not listen with the intent to understand; they listen with the intent to reply.”Stephen Covey

Page 34: Habits #4 & #5

Evaluate

Page 35: Habits #4 & #5

Probe

Page 36: Habits #4 & #5

Advise

Page 37: Habits #4 & #5
Page 38: Habits #4 & #5

What is Good Listening?

Page 39: Habits #4 & #5

Give People Psychological ‘Air’

Page 40: Habits #4 & #5

Reflect what a person feels and says in your own words

Page 41: Habits #4 & #5

Helpful Language

• As I get it, you feel…• So as you see it…• You seem…• You must have felt…• You sound…• What I’m hearing is…• I’m not sure I’m with you, but…• Your feeling now is…

Page 42: Habits #4 & #5

When Can YouWhen Can YouSeek to be Seek to be

Understood?Understood?

Page 43: Habits #4 & #5

Issue is Clear and Mutually Understood

Page 44: Habits #4 & #5

Conversation is Casual and Unemotional

Page 45: Habits #4 & #5

You’re asked or expected to give Counsel and Advice

Page 46: Habits #4 & #5

Making it a Habit

• Are all your relationships Win-Win? If not, work within your Circle of Influence to transform them.

• Find a Win-Win model. Watch him/her closely.

• Make deposits into the Emotional Bank Account on a regular basis.

• Practice empathetic listening