Trust Across America-Trust Around the World™

Leaders Often Overlook the Obvious

Remember, What You Give is Often What You Get 

The following comments are sure to reduce the level of trust among your team.

How often have you heard these?

• Who works for whom?
• Because I said so.
• Fudge it if you don’t know.
• Who do you think you are?
• Not now.
• So what? Who cares?
• Don’t make a mistake.
• Who do you think you’re talking to?
• My door is closed for a reason.
• Because I make the rules.

What would you add to this list of things trustworthy leaders should never say?

Please share your comments and suggestions! Email: barbara@trustacrossamerica.com

Barbara Kimmel is the Executive Director of Trust Across America-Trust Around the World whose mission is to help organizations build trust. She is also the editor of the award winning TRUST INC. book series.

. 

Are you a trustworthy leader?

What differentiates your leadership style from your peers?

While we continue to hear talk of the importance of  trust, rarely do we read about the leader who is placing trust at least somewhere near the top of his/her agenda. Trust Across America-Trust Around the World is looking for those “best in practice” leaders. We have assembled an online  questionnaire addressing trust as it relates to:

• SUCCESS
• PERFORMANCE
• COSTS
• BENEFITS
• COLLABORATION
• CULTURE
• ACTION
• LEADERSHIP
• TRANSFORMATION
• PROOF
• VISION

We want to hear your story and share it with others. Our goal is to continue to bring awareness to organizational trust as the new standard of leadership. Will you help us?

Please share your comments and suggestions! Email: barbara@trustacrossamerica.com

Barbara Kimmel is the Executive Director of Trust Across America-Trust Around the World whose mission is to help organizations build trust. She is also the editor of the award winning TRUST INC. book series.

.

July is “Truth” Month 

according to Trust Across America’s

2014 Calendar

Truth-telling is at the core of trust. Any leader who wants to build a trustworthy organization must have an extremely comfortable relationship with the truth. No company is perfect and it’s not necessary to air all the dirty laundry – just don’t lie about it or intentionally mislead. In times of crisis, a habit of truth-telling yields particularly good returns.

During the  52 weeks of 2014 you can build trust in your organization by thinking about, discussing and following the advice of the experts. Below are weekly reflections on trust for the 5 weeks in July 2014.

Week 1: Trust is the glue that will bind the private, public and civil sectors together Eric Lowitt, Nexus Global Advisors

Week 2: Trust is the absence of fear. James Lukaszewski, The Lukaszewski Group

Week 3: When leaders convey their overall vision to employees, a high trust, highly committed organization can be created. Amy Lyman, The Trustworthy Leader

Week 4: The real advantage of trust is that it is the deepest yearning of all humans. Robert Porter Lynch, The Warren Company

Week 5: Ethics is the foundation of trust. Chris MacDonald, PhD, Ryserson University

Please share your comments and suggestions! Email: barbara@trustacrossamerica.com

Barbara Kimmel is the Executive Director of Trust Across America-Trust Around the World and editor of the award winning TRUST INC. book series.

Which sounds better? High stress, meaningless relationships, frequent job loss and suspicion OR well-being, great friendships and frequent promotions?

We’ve all heard the expression “Happy Wife, Happy Life” but how about “High Trust, It’s a Must” or “Low Trust Go Bust!.” I contend that being trustworthy will not only make you happy, but wealthier in many ways than you are today.

What do we mean by being trustworthy? Let’s use this very simple definition.

Act with integrity and always keep your word.

First, let’s talk about the inherent risks of being untrustworthy: 

It takes more time and  psychological energy than it’s trustworthy counterpart and results in:

• High stress
• Low energy
• Frequent job loss
• Meaningless relationships
• Low levels of creativity
• High levels of suspicion among friends, family and coworkers
• High barriers to communication due to lack of honesty and broken promises
• Poor and slow decision making
• High transaction costs
• Win/lose situations

On the flip side, here are ten great reasons to be trustworthy:

• Psychological well-being
• Meaningful friendships and business relationships
• Faster, more efficient decision making
• Greater personal effectiveness in groups
• Greater support for your decisions
• Career promotions
• Win/win opportunities
• Role modeling trustworthy behavior
• More time for creativity and relaxation
• More money in your pocket (people want to do business with those they trust)

Be trustworthy. The benefits are far greater than the alternative. What do you think? Leave a comment.

Barbara Kimmel is the Executive Director of Trust Across America-Trust Around the World and the “Tribal Chief” of the growing Alliance of Trustworthy Business Experts. She is also the editor of the award-winning crowd sourced book series TRUST INC. In 2012, Barbara was named “One of 25 Women Who Are Changing the World.”

 We hear lots of “talk” about trust but see very little action in building it. Trust is not as confusing a term as many make it out to be.

1. Trust cannot be legislated
2. Without trust at the top, trust in the middle is hard to maintain
3. Ethics and compliance are related to trust but not the same
4. Hanging a corporate credo on the wall doesn’t build trust
5. Growing quarterly earnings does not make a company trustworthy
6. Trust cannot be owned by one corporate silo
7. Corporate responsibility or sustainability are not substitutes for trust
8. Trust CAN be measured
9. Trust is a hard currency, not a soft skill
10. The business case for trust has been made

More information on building trust in your organization can be found in our award-winning TRUST INC. series of books and on our website at www.trustacrossamerica.com

Trust Inc.

How can organizations expect to be trusted without the buy-in of senior leadership? Trust is not a soft skill. It’s the hard currency behind the most profitable institutions.

TRUST INC.:  A Guide for Boards & C-Suites, edited by Barbara Brooks Kimmel, Executive Director of Trust Across America – Trust Around the World, is the second book in the award-winning TRUST INC. series. It convenes over 60 experts from around the world including CEOs, academics, consultants, military leaders, and many others to share 100 strategies on building organizational trust at the Board & C-Suite levels.

Trust is not merely a soft skill or a social nicety.  Research shows that trust is as important to successful and sustainable organizations as customer service or teamwork.  One study by Watson Wyatt found that the rate of return to shareholders was almost three times higher at companies with high levels of trust than at those with low levels.

TRUST INC.: A Guide for Boards & C-Suites is organized into seven sections addressing various challenges of boards and executive leadership:

• Trust and Corporate Culture
• Trust and the Role of the Board
• The CEO Who Leads with Trust
• Trustworthy Communications
• Trust and Engagement
• Trust Builders and Best Practices
• Trust Busters and Risk

A major theme running through the book is that trust is the bedrock of great leadership, with significant implications for how the organization interacts with its stakeholders — customers, employees, vendors, shareholders, and the community.

“Any Board members or C-Suite executives who don’t evidence an unmistakable sensitivity to this societal drumbeat, do so at their own peril” writes Doug Conant, former CEO of Campbell Soup Company and currently CEO of ConantLeadership, in his contribution.  “Help build a better world.  Earn the trust and respect of all stakeholders…”on the other hand, there is no other hand.”

While each contributor has written in his or her own voice and style, they all arrive at the same conclusion — trust works. Regardless of whether the reader is the owner or Board Member of a small startup or the CEO of a Fortune 500 company, TRUST INC. provides lessons on how to reap the rewards of “trust at the top.”

 # # #

About the Editor

Barbara Brooks Kimmel is Co-founder and Executive Director of Trust Across America –Trust Around the World and editor of the 2014 Nautilus and Eric Hoffer award-winning book Trust Inc. Strategies for Building Your Company’s Most Valuable Asset. In 2012 Barbara was named one of “25 Women who are Changing the World” by Good Business International. A former consultant to McKinsey & Company, Barbara has owned the award-winning communications firm, Next Decade, Inc. for over 20 years. She majored in International Affairs at Lafayette College and has an MBA from Baruch at the City University of New York.

Trust Across America’s mission is helping organizations build trust.  For more information visit www.trustacrossamerica.com

Click here for ordering information.

June is “Talk” Month 

according to Trust Across America’s

2014 Calendar

Your stakeholders need to know what steps you are taking to build a trustworthy organization. Quarterly numbers are no longer the “be all and end all.” In fact, evidence is mounting that a trustworthy culture and profitability go hand in hand.

During the  52 weeks of 2014 you can build trust in your organization by thinking about, discussing and following the advice of the experts. Below are weekly reflections on trust for the 5 weeks in June 2014.

Week 1:  It’s going to take a substantial collaborative effort to bring trust back to the heart of how we live and work. Barbara Brooks Kimmel, Trust Across America – Trust Around the World @BarbaraKimmel

Week 2: There’s nothing more destructive to trust than deceit, and nothing more constructive than candor, Jim Kouzes & Barry Posner, The Leadership Challenge @KouzesPosner

Week 3: Doctor-patient relationships that don’t foster trust don’t work because the doctor or the patient has not sought a way to share or relinquish control. Shirie Leng, MD

Week 4: When people trust an organization, they are more likely to exhibit supportive behavior. Linda Locke @Reputationista

Week 5: Corporate trust and reputation matter, and they are the most valuable asset of every enterprise. Michael Lowenstein, Ph.D., CMC, Beyond Philosophy @Lowen42

Please share your comments and suggestions! Email: barbara@trustacrossamerica.com

Barbara Brooks Kimmel, Executive Director, Trust Across America – Trust Around the World

Editor  Trust Inc. Strategies for Building Your Company’s Most Valuable Asset (a 2014 Nautilus & Eric Hoffer Book Award winner)

What stops companies from building a culture of authentic long-term trust? As transparency increases, so does the ability of every citizen to look behind the curtain, with the click of a Google search.

I’m not trying to win a popularity contest with this blog post, at least not with corporate America. But hey, ask most C-Suite folks about trust issues in their organization and they won’t hesitate to emphatically tell you they have not a single one.

Last week I attended an event featuring two guest speakers (also sponsors) from large global companies in different industries. At the end of their respective speeches everyone in the audience applauded loudly except for me, and one other attendee. The other attendee “gets” trust like very few others. Based on their professional credentials, it’s understandable. Think nurse or military leader.

What made these speeches so excruciatingly painful?

First the canned, compliance-approved content, and second, the cult-like focus on the corporate responsibility programs of both organizations. While Trust Across America’s FACTS® Framework shows us that no company is perfect, both of the sponsor firms have recently paid massive fines for, let’s (politely) say, ethics violations. Not the first fine for either, and probably not the last, and just a mere “blip” on the quarterly earnings radar. So whom are they kidding? Judging from the applause, the vast majority of the audience.

As transparency increases, so does the ability of every citizen to look behind the curtain, with the click of a Google search.  All it takes is a few minutes and a curious mind. Corporate responsibility is an important component of a trustworthy organization but it’s only one component. I’m not suggesting that companies air their dirty laundry in public. What I am suggesting is that they stop using the corporate responsibility officer as a public relations pawn.  It may work now, but it is a short-term, unsustainable strategy.  When the next ethics “oops” occurs, it may be the one that brings down the house, and nobody is going to care about the organization’s philanthropic efforts.

What if the C-Suite were to lead with a culture of trust by creating a long-term trust-building strategy and sent their CR officer into the field to talk about that instead? What if they discussed the company’s values statement or corporate credo, and how it meets the needs of all their stakeholders?  What’s stopping companies from building their culture around authentic long-term trust? Is it the legal department?

And finally, the cherry on the weekly “trust cake” is contained in this article in which the author suggests that telling the truth undermines trust.

Next week is the start of spring. It’s also my birthday. Maybe the cake will be a bit less stale. Maybe the most popular flavor will change from artificial vanilla-coating to trust.

For more information on building trust in your organization you can read our new book, Trust Inc., Strategies for Building Your Company’s Most Valuable Asset.

Trust Inc.

Earlier this week I was given a gift, the opportunity to chat about trust with 150 very smart college kids, members of the millennial generation. 

A small group met for dinner before class, including two international students who shared their stories about trust and cultural differences. For example, in some countries it is impolite to make eye contact with someone who is older. This is viewed as disrespectful and untrustworthy. Imagine walking into a job interview in the US and being unwilling to make eye contact with the interviewer!

We began our class discussion by asking three questions but ran short on time before the third topic.

Question #1: Whom do you trust the most?

Answer #1: Family- Mother, father and siblings. We discussed the special bonds among family members that create trustworthy relationships and how these same characteristics translate into larger organizations.

1. Familiarity
2. Longevity
3. Common values
4. Having “your back”
5. Culture

Question #2: What company do you trust the most?

Answer #2: Google and Apple- The water became a bit murky as the students  explored differences between “liking a product” and “trusting a company” and between consumer perceptions and organizational trustworthiness.

We discussed the lack of transparency at these particular companies and the chapter in our book Trust Inc., addressing Apple as a case study in trust. Several students shared their strong beliefs about corporate responsibility vs. corporate window dressing.

The discussion then turned to:

Target’s security breach: The majority concluded that the breach will not inhibit them from shopping at Target.

Trust in government:  The students felt strongly that our government does a good job to protect its citizens. They accept that lying is the “norm” in politics. Many said they would vote for Chris Christie even if a determination is made that he lied about the lane closures in Fort Lee.

Wrapping up, we reminded the kids that they live in an era of radical transparency. It’s becoming increasingly difficult to hide bad behavior.

We emphasized the importance of entering the work force with not only a clean slate, but also knowledge of the importance of leading with trust.

Bottom line, the students were very engaged in the “trust conversation.”  Perhaps it should be held on more college campuses. What do you think?

Share your comments with me. barbara@trustacrossamerica.com

Are your actions ethical? What impact are they having on others? Is unethical behavior just “business as usual?”

I recently followed a LinkedIn group thread containing the following discussion topic: In the personal life of an ethics professional, do the same standards apply as in their professional life? A debate ensued, with many taking the position that “it was just a job” no different than any other profession. In other words, “all bets were off” outside the office. As disappointing as this might seem, it was not particularly surprising.  I see similar attitudes and behavior among trust professionals. Maybe we all need an occasional reminder of what makes for ethical and trustworthy behavior, both in and outside the office. Here are a few thoughts taken from real-life examples:

1. Lose your “me first” attitude.
2. Stop belittling others.
3. Don’t claim honors and awards that you did not earn.
4. Don’t make “side deals.”
5. Do your own “dirty work.” Don’t send a soldier to do it for you.
6. Don’t help yourself to the copyrighted content of others without asking.
7. Leave your ego at the door. You may not be the smartest person in the room.
8. Tell the truth.
9. Keep your word.
10. If you are not sure your actions will be viewed as ethical or trustworthy, ask before proceeding.

I believe we all have a personal and professional obligation to hold ourselves to high standards, to be role models and to exhibit integrity and character. We have an obligation to walk our talk. We have an obligation to lead with trust. Stop and consider whether your actions are ethical and the impact they will have on others.  A lack of trust and ethics should not be viewed as “business as usual.” It’s just bad business.

For more information about organizational trust, please visit our website at www.trustacrossamerica.com You may also be interested in our new book, Trust Inc.: Strategies for Building Your Company’s Most Valuable Asset

Trust Inc.

What are some additional trust busters that you would like to see added to this list? Feel free to leave a comment!

Barbara Brooks Kimmel, Executive Director, Trust Across America-Trust Around the World