By Charlotte L. Hanna CMO/Director of PMR/CMBS Global
June is the month of promises…promises of longer days, vacation time away from the daily grind, romance. Traditionally, it is the favorite month for getting married, of promising each other the moon under a hot summer sun. January is reported to be the month for divorcing.
Unfortunately, promises easily made are also too often broken in life, love and business.
In times past, a person’s word was all it took to ‘seal the deal’. Legal documents were seldom necessary between friends and family and rarely even considered among those doing business. Your word and a handshake were all that were needed to buy and sell – even settle a dispute. But those days are far behind us and not only do people regularly promise one another more than they can deliver, it is becoming the acceptable norm to expect that promises will not be kept. Thankfully, there are still those in business who believe that promises made are worth keeping whenever possible, as much as possible. [Read more...]