Trust Across America-Trust Around the World™

Trust Across America Announces

“Top 10” Most Trustworthy Public Companies 2017

via its new Corporate Integrity Monitor 

(the corporate Richter Scale of Trust)

Click here to view Issue #2 of Trust Across America’s Corporate Integrity Monitor.

Methodology: Since 2009 Trust Across America’s FACTS® Framework has been measuring and ranking public companies on five equally weighted quantitative indicators of integrity, forming the acronym FACTS- Financial stability, Accounting Conservativeness, Corporate Governance, Transparency and Sustainability. Our objective model (companies do not know they are being analyzed nor are any internal employee surveys completed) was initially constructed in 2008 and measures the corporate trustworthiness/integrity of the largest 2000 US public companies. Trust Across America’s Most Trustworthy Public Companies ranks the Russell 1000.

This, by order of magnitude, is the most comprehensive and fact-based ongoing study on this subject. We analyze quarterly and rank order by company, sector and market capitalization. We are particularly interested in tracking individual companies and sector trends over time.

2017 Highlights:

Companies in descending order:

• #1 Dr Pepper Snapple Group (tied) *
• #1 CSX Corporation (tied)
• #3 Best Buy Co., Inc.
• #4 Hasbro Inc. *
• #5 Johnson & Johnson
• #6 Xerox Corporation
• #7 Morgan Stanley
• #8 Nvidia Corporation
• #9 Visteon Corporation, Abbot Laboratories, The Home Depot*, Inc. (3 way tie)

* Named for two consecutive years.

No company is perfect. The 2017 highest scoring company(ies) received a “79” on a 1-100 scale.

The “Top 10” companies hail from 9 of 16 sectors. Industry is not destiny.

About the CEOs (as of December 2016):

• Seven CEOs have served in their position for at least 5 years
• Both CSX and Xerox have appointed new CEOs in 2017
• Average CEO age is 58
• At least four are foreign born
• Two have no education beyond high school
• Four possess an MBA or equivalent and three have Master’s in Engineering
• At least three were, at one time, employed by McKinsey & Company

We are pleased to see the expanding coverage of our FACTS Framework in publications including The Harvard Business Review, Strategic Finance Magazine, The Huffington Post, Globescan Dialogue, the Trusted Advisor Blog,  FCPA Blog, and other publications. This release introduces Issue #2 of a new monthly publication The Trust Across America Corporate Integrity Monitor, available to our Trust Alliance members. 

Congratulations to our 2017 corporate honorees!

For more information contact Barbara Brooks Kimmel, CEO and Cofounder

Barbara@trustacrossamerica.com

You may also join our Constant Contact mailing list for updates on our progress.

Last week Trust Across America pulled back the curtain on it’s new “Richter Scale” of Trust via our Corporate Integrity Monitor publication with this chart.

This week we’d like to show our readers the most recent FACTS Framework trust ranking for all sixteen sectors.

According to our FACTS® Framework, high integrity public companies have less risk and better long-term outperformance.”

Our quantitative, objective model measures the integrity of the largest 2000 US public companies.

This, by order of magnitude, is the most comprehensive and fact-based ongoing (now in its 7th year) study on corporate trustworthiness and integrity.  We analyze quarterly and rank order by company, sector and market capitalization. We are particularly interested in tracking individual companies and sector trends over time.

Our findings have previously been reported in The Harvard Business Review, Strategic Finance Magazine, The Huffington Post, Globescan Dialogue, the Trusted Advisor Blog and other publications. This release introduces a new monthly publication The Trust Across America Corporate Integrity Monitor, available to our Trust Alliance members and licensees only.

For more information contact Barbara Brooks Kimmel, CEO and Cofounder

Barbara@trustacrossamerica.com

You may also join our Constant Contact mailing list for updates on our progress.

If you lead an organization and want to build trust into its DNA, it all begins (and ends) with you. How many of these boxes can you check?

Start with an assessment of yourself:

• Are you trustworthy?
• Do you possess integrity, character and values?
• Do you share those values with your family?
• Do you instill them in your children?
• Do you take your personal values to work?

Perform an organizational trust audit:

• Have you built trust into your organizational culture with the support of your Board? Share on X
• Is it reflected in your statement of values and corporate credo?
• How do you practice your organizational values?
• How well do you communicate them?
• Will they outlive your tenure?

Consider your internal stakeholders:

• Do you discuss trust daily?
• Do you encourage feedback?
• Are you working to break down silos and create unified strategies?
• Do you share a consistent vision?
• Do you model openness and vulnerability?
• Do you use transparent decision-making?
• Do you ask for input?
• Do you have long-term trust-building goals and execute them well, one by one? Share on X
• Do you share every “Wow” moment in your organization?
• Do you communicate well?

Consider your external stakeholders:

• Have you shared your vision and values in building a trustworthy organization?
• Have you identified the outcome(s) you are seeking?
• Have you defined your intentions for each of our stakeholder groups?
• Have you made promises that you will keep?
• Have you determined the steps you will take to fulfill these promises?

Almost every organizational challenge can be traced back to low trust… and a leader who has not checked the boxes.

Barbara Brooks Kimmel is the CEO and Cofounder of Trust Across America-Trust Around the World whose mission is to help organizations build trust. Barbara also runs the world’s largest global Trust Alliance, is the editor of the award winning TRUST INC. book series and a Managing Member at FACTS® Asset Management, a NJ registered investment advisor. In 2012 she was named one of “25 Women who are Changing the World” by Good Business International, and in 2017 she became a Fellow of the Governance & Accountability Institute. Barbara holds a BA in International Affairs and an MBA.

Copyright (c) 2017, Next Decade, Inc.

I am proud to announce my appointment as a Fellow of Governance & Accountability Institute, Inc.

Governance & Accountability Institute, Inc. is a for-profit strategies advisor, provider of consulting services and well-respected research firm serving leaders in organizations in the corporate (private), public and social/institutional sectors.

The Institute provides corporate and investment community clients with a portfolio of integrated services and resources to help leaders identify, quantify, monitor, analyze, and manage effective approaches to address critical issues — especially those reaching “the tipping point,” when resolution of [issues] may be harder to achieve.

To read more about the Institute’s Fellows, please visit this page.

Barbara Brooks Kimmel is the CEO and Cofounder of Trust Across America-Trust Around the World whose mission is to help organizations build trust. Barbara also runs the world’s largest global Trust Alliance, is the editor of the award winning TRUST INC. book series and a Managing Member at FACTS® Asset Management, a NJ registered investment advisor. In 2012 she was named one of “25 Women who are Changing the World” by Good Business International. Barbara holds a BA in International Affairs and an MBA.

For the past four years Trust Across America’s Trust Alliance Members and Top Thought Leaders in Trust have collaborated on an annual poster to assist organizational leadership and teams in fostering trust. These are some highlights from our 2017 poster: Do’s and Don’ts to Foster Organizational Trust 

DO

1. Act from the belief that trust can be measured in terms of its impact on business outcomes.

2. Trust yourself first if you want others to trust you.

3. Lead by example to allow trust to flourish.

4. Make sure your team members are crystal clear on your organization’s mission and values.

5. Act in accordance with those values and ethics so all stakeholders can trust you.

DON’T

1. Take trust for granted or simply assume it exists.

2. Expect organizations to reflect trust if it’s not embodied at the very top.

3. Fall into trap of condoning or practicing cordial hypocrisy.

4. Think trust is too difficult to talk about or tackle as an organizational, team, or personal relationship issue.

5. Let ego, lack of personal awareness, or overt self-reliance impede trustworthiness.

Thank you to all our 2017 contributors. The following can be found on Twitter for more insights into organizational trust.

Patricia Aburdene, Bart Alexander, Lea Brovedani, Randy Conley, Stephen M.R. Covey, Natalie Doyle Oldfield, Jed Emerson, Charles H. Green, Nadine Hack, Barbara Brooks Kimmel, Jim Kouzes, Holly Latty-Mann, Carol Sanford, Linda Fisher Thornton, Bob Vanourek, Bob Whipple

Barbara Brooks Kimmel is the CEO and Cofounder of Trust Across America-Trust Around the World whose mission is to help organizations build trust. Barbara also runs the world’s largest global Trust Alliance, is the editor of the award winning TRUST INC. book series and a Managing Member at FACTS® Asset Management, a NJ registered investment advisor. In 2012 was named one of “25 Women who are Changing the World” by Good Business International. Barbara holds a BA in International Affairs and an MBA.

In our ongoing monthly Tuning in to Trust & Ethics series on elevating organizational trust and ethics, we asked our Trust Alliance members to weigh in on the following question:

Many believe that the HR function plays an important role in building organizational trust and trustworthiness. Do you agree or disagree and why?

Deb Mills-Scofield helps companies create dynamic strategic plans to promote a business-wide innovation mindset.

HR builds trust in how they behave every single day - with each other, their peers and all employees. Share on X

Obviously, how HR deals with employees’ issues, complaints, and concerns conveys corporate culture.  Confidences need to be kept, gossip discouraged (especially by not participating in it), and root causes addressed.  People need to be held accountable. This applies equally, and perhaps even more importantly, to how HR interacts within their own organization and with their peers.  Double standards are common, but to create sustainable trust, they are absolutely unacceptable. Behavior matters.”

Donna Boehme is an international authority in the field of compliance and ethics.

That’s because the mission and mandate of this critical function, as it’s name suggests, is all about a company’s people- and all aspects of the organizational cycle of their people, from hiring and on boarding/ orientation, to compensation, development and promotion; to retirement/ separation/discipline (as appropriate) of employees It’s obvious that organizations can only conduct business through their employees.  Thus, the manner in which the HR department discharges its mission is absolutely critical to the building of organizational trust and an ethical culture.  For this reason, experienced compliance and ethics professionals regard the HR function as a key partner in all aspects of their work.   It’s my observation that how well Compliance and HR work together on the shared goals of strong ethical culture and organizational trust is the critical factor.  Both functions need to work together to promote employees’ sense of “organizational justice” – probably the most important endeavor of their partnership.

Bob Whipple is a consultant who helps leaders build and maintain trust:

Without question the HR function has a lot to do with whether the culture will be one of high trust, but I think it works in a strange way. I think it is necessary but not sufficient.

If HR is not working with candor and transparency, then a culture of doubt will kindle that is hard to overcome. Share on X  

But if HR shows the highest integrity and trustworthy behaviors, it will not be sufficient to create a high trust culture throughout the organization. Reason: I believe trust starts at the top of the organization and cascades throughout the various levels.  The most significant factor influencing a culture of trust is the behaviors of the most senior leader.  A problem leader at any level in the organization can thwart the culture, but a really great leader at the top will root out the problem and eliminate it.  If there is ethical dry rot at any level, the trust will be snuffed out like a candle hit with a bucket of water.

And finally Holly Latty-Mann, a clinical psychologist offers the following advice on HR’s role in building a trustworthy organization:

1) When HR questions management’s decisions that negatively impact the rights of the workforce, they serve equally both management and staff, garnering trust.

2) When HR represents without bias expressed concerns of workforce members to management, trust deepens on all levels.

3) HR is transparent without bias regarding actions staff can take when systems aren’t currently in place to honor legitimate needs, and

4) HR doesn’t play favorites by making themselves the gatekeepers as to who gets what. Share on X

Trust building plays a vital role in the value system and subsequent long-term sustainability of any organization. It must not only be built into the cultural DNA, but must also be practiced and reinforced daily.

Hiring for trust, with the support of upper management should be just as important, if not more so than hiring for talent or skill. Share on X

The most progressive HR leaders will promote a culture of trust and assist in elevating it throughout the organization.

Barbara Brooks Kimmel is the CEO and Cofounder of Trust Across America-Trust Around the World whose mission is to help organizations build trust. Barbara also runs the world’s largest global Trust Alliance, is the editor of the award winning TRUST INC. book series and a Managing Member at FACTS® Asset Management, a NJ registered investment advisor. In 2012 was named one of “25 Women who are Changing the World” by Good Business International. Barbara holds a BA in International Affairs and an MBA.

Did you know that we co-manage and host one of the largest publicly available organizational trust bibliographies? Our 2016 bibliography is currently being updated. Do you have an entry that might qualify for inclusion? Our current bibliography can be accessed at this link: trustacrossamerica.com/trust-bibliography.shtml

To be considered, please send your entries to barbara@trustacrossamerica.com no later than February 15, 2017.

Barbara Brooks Kimmel is the CEO and Cofounder of Trust Across America-Trust Around the World whose mission is to help organizations build trust. Now in its eighth year, the program’s proprietary FACTS® Framework ranks and measures the trustworthiness of over 1500 US public companies on five quantitative indicators of trust. Barbara also runs the world’s largest global Trust Alliance, is the editor of the award winning TRUST INC. book series and a Managing Member at FACTS® Asset Management, a NJ registered investment advisor. In 2012 she was named one of “25 Women who are Changing the World” by Good Business International. Barbara holds a BA in International Affairs and an MBA.

A high performing trustworthy business is a great source of competitive advantage, and that is driven by the Board of Directors. The following are 12 “must follow” strategies for 2017 adapted from our book. 

Boards must pay attention to corporate culture. Culture is the legacy of leadership, and a healthy culture builds stakeholder trust. Share on XBob Vanourek, Triple Crown Leadership

Demand management accountability for the factors that contribute to corporate character. Share on XRoger Bolton, President Arthur Page Society

Empower an independent chief compliance officer (CCO) to act as a strong ethical culture leader in the organization. Share on XDonna Boehme, Principal, Compliance Strategists

Align the business agenda with societal expectations. Build a better world as you build a better company. Share on XDoug Conant, Conant Leadership

Understand how your stakeholders feel about you. Take surveys, monitor social media and share information across the organization. Share on X Linda Locke, Standing Partnership

Practice values based leadership: articulate precisely, connect frequently, role-model, sanction or fire. Share on X Charles H. Green, Trusted Advisor Associates

Develop the strategic direction for the enterprise by taking the constellation of all stakeholders into account Share on X. Nadine Hack, beCause Global Consulting

See the entity through the eyes of a new employee by attending a live new-employee orientation or its online equivalent. Share on X Robert Galford, Center for Leading Organizations

Boards must develop their own robust crisis plans prior to any crisis. Share on X Davia Temin, Temin and Company

Build authentic conversations based on trust and exchange ideas fearlessly. Share on X Alain Bolea, Business Advisors Network

The Golden Rule is the best strategy for Boards to drive C-Suite behavior. Share on X Mark Chandler, Senior VP & General Counsel, Cisco

Review, discuss, share and elevate your company’s “Return on Trust.” What can be measured can be managed.  Barbara Brooks Kimmel, CEO Trust Across America

Get the Board on board in elevating trust in 2017! Share on X. Over 50 more ideas like these are available by ordering the book.

Barbara Brooks Kimmel is the CEO and Cofounder of Trust Across America-Trust Around the World whose mission is to help organizations build trust. Now in its eighth year, the program’s proprietary FACTS® Framework ranks and measures the trustworthiness of over 1500 US public companies on five quantitative indicators of trust. Barbara also runs the world largest global Trust Alliance, is the editor of the award winning TRUST INC. book series and a Managing Member at FACTS® Asset Management, a NJ registered investment advisor. In 2012 was named one of “25 Women who are Changing the World” by Good Business International.
Copyright (c) 2017 Next Decade, Inc.

Measuring the integrity or trustworthiness of public companies is an ongoing research project at  Trust Across America-Trust Around the World. In fact, we now have over 7 years of increasingly “rich” data.

Take a look at this chart:

While we are in the business of identifying “best in breed” and not in predicting the next corporate crisis, our FACTS(R) proprietary data is quite capable of doing so. Citigroup, JP Morgan, Bank of America, Wells Fargo… Did the lack of integrity at Wells Fargo contribute to its recent crisis? Could it have been avoided under different leadership? What do you think?

Would you like more insights like this?

Request our White Paper:  The State of Trust in Corporate America 2016

Trust Data: Public companies can review the level of trust within their organization and compare their performance to their peers.

Order our Trust Inc. book series.

2017 Trust Poster: Weekly Do’s and Don’ts to Foster Organizational Trust

Join our Trust Alliance where share our research with high integrity business leaders.

If you lead an organization, serve on a Board or in any management capacity or work with others, and you continue to ignore trust as a hard asset, you are losing out to your competitors and failing to protect your organization against a Wells Fargo crisis.

Barbara Brooks Kimmel is the CEO and Cofounder of Trust Across America-Trust Around the World whose mission is to help organizations build trust. Now in its seventh year, the program’s proprietary FACTS® Framework ranks and measures the trustworthiness of over 2,000 U.S. public companies on five quantitative indicators of trust. Barbara is also the editor of the award-winning TRUST INC. book series and a Managing Member at FACTS® Asset Management, a New Jersey registered investment advisor.

Copyright (c)  2016, Next Decade, Inc.

Five years ago tools to assess and build organizational trust were rare and difficult to locate online. Trust Across America-Trust Around the World was formed to serve as a clearinghouse for these tools and related resources.

The most progressive companies are already implementing trust as an intentional business strategy, knowing it is a competitive advantage. Leaders of organizations interested in elevating trust and proactively practicing it as a business strategy, will be interested in these links:

Trust Alliance: a group of global professionals working to elevate trust and share resources.

Trust in a Box: A “do it yourself” solution for professionals and organizations interested in elevating trust, ethics and integrity.

Trust Data: Public companies can review the level of trust within their organization and compare their performance to their peers

2017 Trust Poster: Weekly Do’s and Don’ts to Foster Organizational Trust

White Paper:  The State of Trust in Corporate America 2016

Books: An entire Reading Room dedicated to organizational trust.

TRUST! Magazine: a digital magazine, dedicated to helping leaders and organizations place trust on their strategic agenda.

If you lead an organization, serve on a Board or in any management capacity or work with others, and you continue to ignore trust as a hard asset, you are losing out to your competitors. Trust works. Give it a try.

Barbara Brooks Kimmel is the CEO and Cofounder of Trust Across America-Trust Around the World whose mission is to help organizations build trust. Now in its seventh year, the program’s proprietary FACTS® Framework ranks and measures the trustworthiness of over 2,000 U.S. public companies on five quantitative indicators of trust. Barbara is also the editor of the award-winning TRUST INC. book series and a Managing Member at FACTS® Asset Management, a New Jersey registered investment advisor.

Nominations are now open for the 7th annual Top Thought Leaders in Trust.

Copyright (c)  2016, Next Decade, Inc.