Trust Across America-Trust Around the World™

Trust Across America Names Most Trustworthy Public Companies 

Trust Across America- Trust Around the World (TAA-TAW) global leaders in organizational trust, this week announced the results of a five-year study of over 2000 US based public companies, naming Texas Instruments (TI) as the Most Trustworthy Public Company for the period 2010-2014. Barbara Kimmel, Executive Director states: “We are pleased to see TI top this list.  The company has a history of trustworthy behavior as evidenced by the following long-term corporate vision:

“One of TI’s greatest strengths is its values and ethics. We had some early leaders who set those values as the standard for how they lived their lives. And it is important that TI grew that way. It’s something that we don’t want to lose. At the same time, we must move more rapidly. But we don’t want to confuse that with the fact that we’re ethical and we’re moral. We’re very responsible, and we live up to what we say.”

– Tom Engibous
Former chairman, president and chief executive officer, Texas Instruments – 1997

Kimmel cautions that no company is perfect. While the ongoing short-term, quarterly earnings focus is disappointing, we are encouraged by mounting evidence that long-term profitability is enhanced in organizations choosing to lead with trust. It should also be noted that while the average tenure of a Fortune 500 CEO has fallen to 4.6 years, those in our “Top 10” average 8.4 years.

To create this index, TAA-TAW began with a universe of over 3000 publicly-traded North American companies, evaluating more than 2000 to identify those receiving the highest 5-year ranking on five equally weighted quantitative indicators of trustworthiness that comprise the proprietary FACTS® Framework: Financial stability, conservative Accounting, Corporate integrity, Transparency and Sustainability.  Companies are not nominated, nor do they participate in this analysis in any manner.  The model independently identifies those with the highest scores in all five FACTS® indicators. A final screen scans news for unacceptable trust violations that might include fines, inappropriate CEO conduct, accounting irregularities, avoidable security breaches, etc.

The framework initially conceived and developed in 2008, is “the most holistic and comprehensive trust “health” checkup for public companies,” according to its founders. “It’s all about corporate culture and leadership, said Barbara Kimmel. If Boards and CEOs remain unwilling to place trust at the top of their daily agenda, they are missing out on a tremendous competitive advantage.

America’s “Top 10” Most Trustworthy Companies is shown below in rank order. Congratulations to these outstanding companies.

1. Texas Instruments
2. Intel
3. Nike
4. Hormel Foods
5. Lexmark
6. Southwest Airlines
7. Accenture
8. Whirlpool
9. Staples
10. Disney

Trust Across America-Trust Around the World™ provides the most comprehensive tools and resources for organizations to transition to high trust through a global collaborative network. More information about our honorees and their best practices can be accessed via the free spring 2015 issue of TRUST! Magazine by registering on our signup link.

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For more information on this topic, or to schedule an interview with Barbara Kimmel, please email barbara@trustacrossamerica.com

Copyright 2015, Next Decade, Inc.

Trust Across America Names Most Trustworthy Public Companies 

and North American Trust Award Honorees 2014

Trust Across America- Trust Around the World (TAA-TAW) global leaders in organizational trust, today announced the results of a five-year study of over 2000 US based public companies, naming Texas Instruments (TI) as the Most Trustworthy Public Company for the period 2010-2014. Barbara Kimmel, Executive Director states: “We are pleased to see TI top this list.  The company has a history of trustworthy behavior as evidenced by the following long-term corporate vision:

“One of TI’s greatest strengths is its values and ethics. We had some early leaders who set those values as the standard for how they lived their lives. And it is important that TI grew that way. It’s something that we don’t want to lose. At the same time, we must move more rapidly. But we don’t want to confuse that with the fact that we’re ethical and we’re moral. We’re very responsible, and we live up to what we say.”

– Tom Engibous
Former chairman, president and chief executive officer, Texas Instruments – 1997

Kimmel cautions that no company is perfect. While the ongoing short-term, quarterly earnings focus is disappointing, we are encouraged by mounting evidence that long-term profitability is enhanced in organizations choosing to lead with trust. It should also be noted that while the average tenure of a Fortune 500 CEO has fallen to 4.6 years, those in our “Top 10” average 8.4 years.

To create this index, TAA-TAW began with a universe of over 3000 publicly-traded North American companies, evaluating more than 2000 to identify those receiving the highest 5-year ranking on five equally weighted quantitative indicators of trustworthiness that comprise the proprietary FACTS® Framework: Financial stability, conservative Accounting, Corporate integrity, Transparency and Sustainability.  Companies are not nominated, nor do they participate in this analysis in any manner.  The model independently identifies those with the highest scores in all five FACTS® indicators. A final screen scans news for unacceptable trust violations that might include fines, inappropriate CEO conduct, accounting irregularities, avoidable security breaches, etc.

The framework initially conceived and developed in 2008, is “the most holistic and comprehensive trust “health” checkup for public companies,” according to its founders. “It’s all about corporate culture and leadership, stated Barbara Kimmel. If Boards and CEOs remain unwilling to place trust at the top of their daily agenda, they are missing out on a tremendous competitive advantage.

This year Trust Across America is also awarding twelve special organizational honors named in recognition of many of our 2015 Top Thought Leaders in Trust Lifetime Achievement Award winners. Via nomination, these special awards recognize a cultural commitment to trust as an organizational strategy.

Trust Across America-Trust Around the World™ helps organizations by collaborating with global leaders to provide all the tools and resources required to transition to high trust. More information about all our honorees and their best practices can be accessed via the free spring 2015 issue of TRUST! Magazine by registering on our signup link.

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For more information on this topic, or to schedule an interview with Barbara Kimmel, please email barbara@trustacrossamerica.com

Copyright 2015, Next Decade, Inc.

The trust “imperative.”

We read about it daily. We listen to it on the news. We attend conferences where it’s discussed.

We must build trust….we must rebuild trust… in business, financial services, government, policing, media, sports, etc.

But rarely is there mention of the requisite leadership traits, culture change, or practical solutions essential to building trust.

Why is that?

The answer is simpler than you might think.

Building or rebuilding organizational trust cannot happen unless ownership of trust is voluntarily assumed by the person at the very top of the organization. And this rarely occurs because:

• Boards do not place criteria like integrity or other components of high trust on their leadership hiring agenda
• Leaders are too busy putting out fires created by their refusal to build trust into their business strategy
• Leaders are preparing for the next crisis instead of learning what’s required to avoid or minimize them
• Leaders are ensuring that all the regulations are being met by hiring more compliance and legal staff instead of a Chief Trust Officer
• Leaders seldom come out of their ivory tower and on to the shop floor to build trust with their employees who were not necessarily hired for the “right” reasons.

There is simply no time in the day left for trust.

Instead, trust is taken for granted or occasionally used in marketing and communications as a “tool” to persuade consumers.

Until leaders readily accept the business case for trust, it is destined to always take a back seat in most organizations, and trust will continue it’s year over year decline.

Richard Branson, author and founder of Virgin Group is credited with this quote: “The most valuable business commodity is trust.” 

There is simply no point in talking about trust if it is not followed by action.

You can read about organizations that have placed trust on their agenda in the upcoming edition of TRUST! Magazine to be published on April 17. It is our celebration of trustworthy organizations.

Barbara Brooks Kimmel is the Executive Director of Trust Across America-Trust Around the World whose mission is to help organizations build trust, and runs the world’s largest membership program for those interested in the subject. She is also the editor of the award winning TRUST INC. book series and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Our 2015 Poster, 52 Weeks of Activities to Increase Organizational Trust is available to those who would like to support our work by making a small donation.

Copyright 2015, Next Decade, Inc.

Welcome to our “living bibliography” on trust.

We are pleased to provide the latest free update to our followers.

This bibliography is provided courtesy of Bob Easton, an essay contributor to our book, Trust Inc., Strategies for Building Your Company’s Most Valuable Asset.

Robert (Bob) Easton is a Senior Managing Director at Accenture, where he has been for the past 15 years. Bob has worked and lived throughout the world including: New Zealand, Australia, Singapore, Hong Kong, Taiwan, China, Germany, London and currently, the United States. He is well known for the contributions he has made to building trust based relationships. Bob’s specific research interest is in the relationship between trust and well-being and the implications for trust models and flourishing institutions. He calls for a positive deviance of trust and proposes a new conceptualization of trust to achieve this deviance –appreciative trusting or ‘the deliberate and intentional pursuit of maximal trust in others-even to the limits of prudence’. Bob can be contacted at robert.j.easton@accenture.com.

The bibliography will be updated monthly as we receive new references and resources. Please send your suggestions to Barbara Kimmel. E-mail: barbara@trustacrossamerica.com

Again, the latest update can be accessed here. We hope you find it useful.

Barbara Brooks Kimmel is the Executive Director of Trust Across America-Trust Around the World whose mission is to help organizations build trust, and runs the world’s largest membership program for those interested in the subject. She is also the editor of the award winning TRUST INC. book series and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Our 2015 Poster, 52 Weeks of Activities to Increase Organizational Trust is available to those who would like to support our work by making a small donation.

Copyright 2015, Next Decade, Inc.

Animals teach us all sorts of life lessons. When dogs and cats are placed in close proximity, they offer a glimpse into the steps required to build trust.

Watching this short, amusing video may provide you with some clues (and solutions) on building trust with:

• Your peers
• Your co-workers
• And even your boss

Enjoy!

Barbara Brooks Kimmel is the Executive Director of Trust Across America-Trust Around the World whose mission is to help organizations build trust. She runs the world’s largest membership program for those interested in learning more, and is also the editor of the award winning TRUST INC. book series and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Our 2015 Poster, 52 Weeks of Activities to Increase Organizational Trust is available to those who would like to support our work by making a small donation.

Copyright 2015, Next Decade, Inc.

As the co-founder and Director of Trust Across America – Trust Around the World, I’ve been studying organizational trust (and trustworthiness) for the best part of seven years, have spoken to hundreds of global experts, and read thousands of articles, blog posts and books. I’ve also edited and contributed to three books in our TRUST Inc. series, publish a magazine called TRUST!, and regularly attend and speak at conferences. Some might call me an expert, but nothing could be farther from the truth. In fact, the more I learn about trust and trustworthiness, the less I understand it.

If you are like me, it’s almost impossible to go a full week without the news covering another major trust violation. Last week it was Hillary’s turn, before that Bill O’Reilly following on the heels of Brian Williams, and so on. These stories come and go and the American public has come to accept them as the norm. In fact, with each violation, the shock factor seems to diminish.

The following are ten observations I have made about trust & trustworthiness in American society:

• Because there is no universally accepted definition of trust, your definition of trust and your standards of trustworthiness are different than mine. In fact, even prisoners think they are more trustworthy than the general population. Some of the self-proclaimed trust and leadership experts I have met are the least trustworthy upon close and careful inspection of their character, competence and consistency, yet they believe they are in a position to advise others.

• As family “time” has eroded over the past generation, the moral compass that, in the past guided future generations (parenting) has all but disappeared. Compound this with the “win at all costs” mentality promoted by coaches on athletic fields across America and future generations may not be empowered with the right tools or behavior.

• America’s entire public educational system is based on “grades” not learning, and cheating and grade inflation have become an accepted norm in schools and universities. Parents “game” the system by having their children classified as “math anxious or test frightened” so they are allotted extra time on tests to boost that all important GPA, and Athletes have it the best. In other words, parents are not helping their children to grow up to be trustworthy adults.

• Government officials, beginning with our local community leaders place their political agendas before the betterment of the constituents who elected them, and this obliterates the opportunity to build community trust. Our elected officials believe that if they don’t violate any laws, they are trustworthy. Americans are very forgiving of trust violations and even outright lies. In fact they overlook them.

• Same goes for corporate America. Our “win at all cost” athletes and students are considered to be the “best in class” and are recruited by major companies. There’s no “moral compass litmus test” administered before the job offer. Similar to our government leaders, corporate leaders also believe that as long as they stay “just to the right” of compliance, and grow their quarterly earnings, there is no need to give a second thought to cultivating a trustworthy organization or hiring for the “right” reasons. Stock buybacks, executive compensation and short-termism are all trust busters.

• Boards of directors don’t understand the role of organizational trust any better than the leaders they select. One need look no further than the composition of most Boards to appreciate and understand this.

• Trust CANNOT be regulated yet many think it can. As my colleague Alain Bolea at Business Advisors Network commented in a recent article:

Rules are often put in place to curtail the abuses of the past. A “leader” that is only guided by compliance begs the question: What would their behavior be in the absence of rules? Does one want to follow someone that needs rules to know what is right? Or are true leaders to inspire trust by staying clear of conflicts of interest and abuses of power.

• The word “trust” is so overused and misused that it is no longer sacred. The media throws around the word “trust” as if it were  a headline hot potato. Frequently, journalists and writers confuse trust with regulation, loyalty and ethics. But the word “trust” is a better sound byte, so why not misuse it?

• And speaking of the media, they continue to perpetuate low trust by focusing only on the bad actors, giving no “space” to those who are doing the right thing.

• I frequently talk about trust with leaders of organizations of different shapes and sizes.  Not only do they not “get it” they have little interest in learning. They believe trust is all about falling into someone’s arms and hoping they catch you.  Instead of embracing trust as a business strategy, leaders hold their collective breaths hoping they are not the subject of the next news headline.

Is there a silver lining to this bleak picture?  Yes, because some families still gather around the dinner table every night and not every child is a cheater. There will always be the Bobby Knights vs. the Mike Krzyzewskis, and the first day of work for a new hire at Zappos may be very different than the first day at JP Morgan. In other words, industry is not destiny. Like most things in life, trustworthy people and organizations line up along a bell curve. Half are below average, but half are above average, and a select few find themselves all the way to the right. They are the heroes and stars that should be making the headlines.

Just the other day, someone told me that Trust Across America – Trust Around the World is making a difference. I suppose the growth of our Alliance proves that we are moving in the right direction. But a gnawing fear remains. Trust is not only misunderstood, overlooked or taken for granted by most people, leaders and organizations, it’s also voluntary. And, after all, why give a second thought to that which is not regulated, at least not in America?

Barbara Brooks Kimmel is the Executive Director of Trust Across America-Trust Around the World whose mission is to help organizations build trust. She runs the world’s largest membership program for those interested in learning more, and is also the editor of the award winning TRUST INC. book series and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Our 2015 Poster, 52 Weeks of Activities to Increase Organizational Trust is available to those who would like to support our work by making a small donation.

Copyright 2015, Next Decade, Inc.

Some encouraging headlines for consumers, employees and the public….

McDonalds is limiting the use of antibiotics in its chicken according to NPR

Nestle says “Goodbye” to artificial colors as reported by CNN

Be it for the right or wrong reasons, Walmart is raising its minimum wage as is TJX

Capital One empowers Americans to close the digital skills gap by committing $150 million in community grants

When companies do more than just talk about the importance of “good business” and begin walking it with commitments like the above, it’s a good sign. From my perspective these announcements sound like more than just corporate window dressing.

It’s worth mentioning that McDonald’s has a brand new CEO and Walmart a relatively new one. Nestle is a Swiss company, and TJX is run by a woman. The CEO of Capital One, Richard Fairbank is also its founder.

Building organizational trust is a “top down” business strategy. Sometimes it takes a new leader to bring a fresh perspective regarding the imperative to build trust with all stakeholders. Other times tenure is more important, and recently it’s been reported by Fortune that women not only make better CEOs, but perform 3X better than the S&P 500.

Whatever the reasons, I’m glad to read these headlines and hope more companies follow suit. Let’s keep the momentum going on that tidal shift in organizational trust.

Barbara Brooks Kimmel is the Executive Director of Trust Across America-Trust Around the World whose mission is to help organizations build trust. She runs the world’s largest membership program for those interested in learning more, and is also the editor of the award winning TRUST INC. book series and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Our 2015 Poster, 52 Weeks of Activities to Increase Organizational Trust is available to those who would like to support our work by making a small donation.

Copyright 2015, Next Decade, Inc.

How much are you trusted personally or professionally? It’s not that difficult to be trust “worthy” and the rewards are enormous. Instead, most people choose to take trust for granted. They simply don’t stop to consider the benefits of high trust including lower costs (both monetary and emotional) and increased speed of decision making.

Here’s YOUR daily trust “cheat sheet.” Try it for one week!

• Want your kids to trust you? Catch them doing something right and let them know.
• Want your spouse to trust you? Do ANYTHING for them without being asked. Show you appreciate them.
• Want your co-worker to trust you? Invite them to lunch and share something personal. Be a bit vulnerable.
• Want your boss to trust you? Show up on time with no excuses. Be reliable.
• Want your employees to trust you? Tell each one individually why you appreciate them. Show gratitude.

Mean what you say and say what you mean.

Character, competence, consistency and a bit of gratitude. It’s really quite easy.

Don’t forget to let me know what happens at the end of the week.

Barbara Brooks Kimmel is the Executive Director of Trust Across America-Trust Around the World whose mission is to help organizations build trust. She runs the world’s largest membership program for those interested in learning more, and is also the editor of the award winning TRUST INC. book series and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Our 2015 Poster, 52 Weeks of Activities to Increase Organizational Trust is available to those who would like to support our work by making a small donation.

Copyright 2015, Next Decade, Inc.

According to an earlier report by NJ 101.5 radio Chris Christie said he played by the rules during recent travel. And how exactly does Christie define playing by the rules?

“Everything that I do is cleared by ethics folks before I do it, and yeah I’m completely comfortable with it because I comply with the rules,” he said.

Makes sense, so what’s the problem? After all, it seems Christie broke no rules nor violated any laws.

Simply stated, the “ethics folks” are all attorneys. They are charged with ensuring compliance and nothing more. But what if Christie had posed the same scenario to his invisible “trust” staff. No doubt, their answer would have been quite different.

And therein lies the problem.

The public is demanding something else, something more than just compliance, something meaningful and authentic. Something that shows character and values. Whether it’s politicians, business leaders or sports figures, “playing by the rules” is no longer “enough.”

Visionary leaders build trust into their organization’s DNA through trustworthy leadership. While their “ethics folks” are certainly capable of keeping them “legal,” it takes the right kind of leader, surrounded by the right staff, to proactively take the next step toward building stakeholder trust.

Sorry Chris. From one LHS grad to another I like you, but you’re not getting what it takes to differentiate yourself from your colleagues.  The good news is, you have lots of company that doesn’t either.

And fortunately, it’s never too late to start building trust.

Barbara Brooks Kimmel is the Executive Director of Trust Across America-Trust Around the World whose mission is to help organizations build trust. She runs the world’s largest membership program for those interested in learning more, and is also the editor of the award winning TRUST INC. book series and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Our 2015 Poster, 52 Weeks of Activities to Increase Organizational Trust is available to those who would like to support our work by making a small donation.

Copyright 2015, Next Decade, Inc.

Welcome! Our monthly roundup is the latest collaborative undertaking of our Trust Alliance, self selected blog posts on a variety of organizational trust topics. The subjects are as diverse as the expertise of our members!

By reviewing these posts, you will have a better appreciation for the importance of embracing trust as an organizational imperative.

If you only read one post, read this one!

In Psychology Today, Nan Russell explains “The Real Reason Most Leaders Aren’t Thinking About Trust”

Doug Turner Shows How Trust Precedes Innovation in HR Voice.

Are You Leading With a Wounded Spirit? Effective leadership is about who you are as a person—your values, beliefs, and character—and much less about what you actually do in terms of leadership techniques or practices. If your inner life as a leader is off track, it diminishes the impact you have on others. In this post Randy Conley shares five warning signs you may be leading with a wounded spirit.

Holly Latty-Mann explains how avoiding confrontation erodes credibility and trust.

Creating and sustaining trust requires an ongoing commitment in all our endeavors, personally and professionally.  As it’s something we pass on to those with whom we interact, Nadine Hack wrote this post about that process.

Linda Fisher Thornton asks 7 Questions For Ethical Culture Building.

And finally, my most popular post for the month: Build Organizational Trust, Ten “Ts”

Our next monthly roundup will be published at the end of March.

Barbara Brooks Kimmel is the Executive Director of Trust Across America-Trust Around the World whose mission is to help organizations build trust. She runs the world’s largest membership program for those interested in learning more, and is also the editor of the award winning TRUST INC. book series and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Our 2015 Poster, 52 Weeks of Activities to Increase Organizational Trust is available to those who would like to support our work by making a small donation.

Copyright 2015, Next Decade, Inc.