Relational capital refers to the value derived from the relationships and networks that an individual or organization has with others. This includes connections with customers, suppliers, partners, and even competitors. Strong relational capital can lead to increased trust, collaboration, and opportunities, ultimately enhancing business performance and innovation. Building relational capital involves effective communication, mutual respect, and shared goals. Organizations often invest in relationship management strategies to strengthen these connections. By fostering positive relationships, they can improve customer loyalty, gain valuable insights, and create a supportive community that contributes to long-term success in the marketplace.