03 February 2025

Trade & Stephen Covey’s 3 Habits for Strong Relationships

Stephen Covey’s three key habits for building strong relationships are:
1. Think Win-Win
2. Seek First to Understand, Then to Be Understood
3. Synergize

Here’s how they work in practice:
• You approach others—whether people or organizations—believing there’s a way for both of you to win.
• You listen first, understanding what a win looks like for them before sharing what a win looks like for you.
• Then, you synergize, finding or creating an outcome where both sides win—maybe even more than expected.




Some people don’t think this way—but that’s their loss.
Win-win thinking requires assertiveness—you have to let others know what a win looks like for you. That takes courage. The courage to stand up for yourself.
But it also requires consideration—you have to listen. Seek first to understand means respecting the other person enough to hear what matters to them.

This is where relationships can break down.
• Sometimes, you’ll realize there’s no real overlap in what a “win” means for both of you.
• But even when there is overlap, synergizing means getting creative—maybe you find a compromise, maybe they do, maybe you arrive at a solution neither of you thought of before you engaged in conversation.

And if you can’t? That’s okay too. With 8 billion people in the world, you don’t have to force yourself into relationships that can only survive if one of you loses. Instead, find, create, and insist on win-win relationships.

Of course, any normal relationship will include some win-lose exchanges—that’s life. The point is:
• Don’t be the person who insists every relationship must be win-lose—where the other person is always subordinate to you.
• And don’t be the person who always loses. Standing up for your own goals and desires isn’t selfish—it’s essential.

Why This Matters Beyond Personal Relationships
I bring this up for two reasons:
1. It’s just great advice. Covey nailed something fundamental, and it’s worth sharing.
2. It applies beyond personal relationships—especially in trade and economics.

Empires treat their colonies as win-lose. Or at best win, not caring so much whether the colony wins or loses. They extract resources and wealth, ensuring the empire wins while the colony is largely left to fend for itself.

But trade between independent nations – trade in a post imperialistic, post-colonial world - is expected to be different. Nations, businesses, and individuals trade because both sides benefit. Business and economics lend themselves to the win-win dynamic.

Trade wars are fought by people who get none of this. Wars are win-lose. Trade should be win-win. To make it a trade war is to ignore whether you’re making progress and instead just focusing on whether you’re doing better than them.

People with a reptilian mindset still see trade as win-lose—as if crushing the other side is the goal. But we have better options. We can think bigger. Both sides can thrive and prosper and their win can actually enhance yours. Would you rather trade with a country that was prosperous and creative or one that had only mud to harvest and sell? Everyone should aspire to have a prosperous trading partner. Even if you have no normal empathy for the condition of others, prosperous trading partners could benefit you simply because they will pay more for your stuff and have cool stuff to sell to you. And that's win-win.

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