BRMP - PRACTICE STATEMENTS (Y/N)
With Correct answers!!
(IN) - Great work relationships satisfy purpose to help organizations operate
indefinitely. <.> - ANSWERY - Page 9 Organizations need Purpose <,>
(IN) - Value is defined by revenue and profit. <.> - ANSWERN - (Value is defined by
so much more than just revenue, expenses, and profit. It can also come from a
person having a sense of pride in a job well done, or from feeling their work has
meaning.) Pg 9 Idea of Value is Evolving <,>
(IN) - Strong relationships are necessary to help organization to be agile. <.> -
ANSWERY - Page 9 Global Digitalization Requires Agility <,>
(IN) - Alignment is not sufficient for building great relationships. <.> - ANSWERY -
Page 10 Organizations are moving from alignment to Convergence <,>
(IN) - The relationship centered organization includes the environment, knowledge
and mindsets. <.> - ANSWERY - Page 12 Top of page <,>
(IN) - The theory of relationshipism explains the power of relationships in
organization. <.> - ANSWERY - Page 12 Theory of Relationshipism <,>
(IN) - The BRM Capability centers on the belief that positive relationships drive value
in organizations. <.> - ANSWERN - (BRM PHILOSOPHY) Pg 13 BRM Philosophy
<,>
(IN) - The Triple Bottom Line is focused on Purpose, Passion and planet <.> -
ANSWERN - (PURPOSE, PEOPLE, PLANET) Pg 14 Triple Bottom Line <,>
(IN) - The Triple Bottom Line adds a new dimension to the calculation of value. <.> -
ANSWERY - P15 Purpose <,>
(IN) - Relationships are everywhere in your organization. <.> - ANSWERY - P16
Summary <,>
(IN) - The definition of the BRM capability is to shape and influence the concepts of
the BRM role <.> - ANSWERN - (IS EVERYTHING IT TAKES, VISABLE AND
INVISABLE, TO NURTURE RELATIONSHIPS IN AN ORGANIZATION) Pg 16 BRM
Capability definition <,>
(IN) - The BRM Capability has four sub capabilities: evolve culture, build
partnerships, drive value and satisfy purpose. <.> - ANSWERY - Pg 17 <,>
(IN) - The Business Relationship Management Discipline is an effective application
of knowledge, competencies and behaviours. <.> - ANSWERN - (KNOWLEDGE,
COMPETENCIES, MINDSET) Pg 17 BRM Discipline <,>
, (IN) - The BRM Role is a set of competencies required to advance the BRM
capability <.> - ANSWERY - P18 BRM Role <,>
(CA) - A BRM Capability is everything it takes, visible and invisible to nurture
relationships in an organization. <.> - ANSWERY - P19 BRM Capability <,>
(CA) - The Innovation Factor is the discovery of value in existing value to further
improve the organization. <.> - ANSWERN - (NEW SOURCES OF VALUE) P21
Innovation Factor <,>
(CA) - The human factor is how an organization treats people and recognizes the
human needs of people. <.> - ANSWERY - P21 Human Factor <,>
EC) - The four key elements of Evolve Culture are Purposeful Narrative, Expected
Behaviours, Influential Relationships and Personal Growth. <.> - ANSWERN -
(PURPOSE NARRATIVE, DESIRED BEHAVIOR, INFLUENTIAL RELATIONSIPS,
PERSONAL GROWTH) P27 Image <,>
(EC) - Purposeful Narrative recruits the initial set of high influencers to seed the new
behaviours into the network of relationships. <.> - ANSWERY - P28 Purposeful
Narrative, item 1 <,>
(CA) - The now-to-new approach to change is a mechanical process. <.> -
ANSWERN - (Change in an organization is constant because value discovery and
realization are constant. Relationship- centered organizations take advantage of the
quality and quantity of great work relationships and enable quick and profound
change) P23 Now-to-new <,>
(CA) - The BRM role is working with CEO and board of directors to drive value. <.> -
ANSWERY - P24 BRM capability and its role <,>
(CA) - The BRM Impact Report details the templates a BRM can use in the role. <.> -
ANSWERN - (DETAILS RESULTS AND ARTICULATED THE VALUE) P25 BRM
Impact Report <,>
(CA) - A Strategic Relationship Plan is a record of accomplishments and helps to
communicate non-confidential objectives. <.> - ANSWERY - P25 Strategic
Relationship Plan. <,>
(CA) - A Strategic Relationship Plan is a synonym for a BRM Impact Report. <.> -
ANSWERN - (contains the vision, current status, and historical record of any
relationship) P25 <,>
(CA) - Now-to-new is only focused on large change initiatives. <.> - ANSWERN -
P26 Summary <,>
(
