Archive

Posts Tagged ‘leadership’

Dec
13

 

Thank you to these amazing colleagues!

Since launching Trust Across America-Trust Around the World over ten years ago, I have been fortunate to have engaged with thousands of global scholars and professionals in my search to find meaning in the word “trust.” Among them are these amazing eleven individuals who have chosen to voluntarily serve as members of our Trust Council.

If you are interested in learning about organizational trust, I’d suggest you start here:

Bart Alexander (Colorado)

A Principal at Alexander & Associates LLC Bart’s firm assists leaders, teams and organizations in integrating sustainability into their purpose, strategy and culture.

Donna Boehme (New Jersey)

An internationally recognized authority in the field of compliance and ethics, Donna designs and manages compliance and ethics solutions for a wide spectrum of organizations. Principal of Compliance Strategists, a N.J.-based consulting firm.

Alain Bolea (Boston & Colorado)

A management advisor who helps organizations integrate the necessity of “making money” and the desire to “do the right thing” in terms of sustainability and social responsibility. Alain works with leaders as an executive coach, and consults to organizations on strategy and development using group processes.

Randy Conley (California)

Vice President of Client Services & Trust Practice Leader for The Ken Blanchard Companies, Randy oversees Blanchard’s client delivery operations and works with organizations around the globe helping them build trust in the workplace. Author of the award-winning Leading with Trust blog, Randy is a recognized authority in the field of trust and leadership.

Stephen M. R. Covey (Utah)

Stephen is the New York Times and #1 Wall Street Journal bestselling author of The Speed of Trust: The One Thing that Changes Everything, which has been translated into over 20 languages worldwide. A Harvard MBA, Stephen co-founded and leads Franklin Covey’s Global Speed of Trust Practice.

Charles H. Green (New Jersey & Florida)

An author, speaker, and founder-CEO of Trusted Advisor Associates, Charles co-authored the classic The Trusted Advisor, along with The Trusted Advisor Fieldbook, as well as writing Trust-based Selling. He founded Trusted Advisor Associates in 1999, which helps create trust-based organizations and relationships in complex B2B businesses globally.

Nadine Hack (Switzerland)

Nadine Hack, CEO beCause Global Consulting advises Fortune 500 company executives, heads of state, and other leaders and organizations. She was Board Chair of Desmond Tutu Peace Foundation and served as non-executive director on other for- and not-for profit boards.

Deb Krizmanich (Canada)

Deb is an accomplished business strategist, facilitator and entrepreneur driven by a passion for technologies that unleash the innate potential of individuals and groups. In 2010, she founded Powernoodle to provide a cloud-based platform to leverage the inherent diversity of people and groups to improve how decisions are made and implemented.

Linda Fisher Thornton (Virginia)

An innovative leadership development consultant with a passion for ethical leadership, Linda’s book 7 Lenses, introduces the 7-Lens model for seeing ethical complexity and a holistic model for learning ethical leadership. She teaches leadership and applied ethics as adjunct associate professor for the University of Richmond SPCS.

Bob Vanourek (Colorado)

Leadership expert Bob Vanourek is the former CEO of five companies, ranging from a start-up to a $1 billion NY stock exchange company. Bob is the author of two award-winning books: Leadership Wisdom: Lessons from Poetry, Prose, and Curious Verse and the co-author of Triple Crown Leadership: Building Excellent, Ethical, and Enduring Organizations.

Bob Whipple (New York)

“The Trust Ambassador,” Bob is CEO of Leadergrow Inc., an organization dedicated to growing leaders. He is an international speaker on the topics of trust and ethics.

Thank you Trust Council members. Here’s to more trust in 2020!

Barbara Brooks Kimmel is the Founder of Trust Across America-Trust Around the World whose mission is to help organizations build trust. She also runs the world’s largest global Trust Alliance and is the editor of the award-winning TRUST INC. book series. Barbara holds a BA in International Affairs from Lafayette College and an MBA from Baruch at the City University of NY.

For more information visit our website at www.trustacrossamerica.com or contact Barbara Brooks Kimmel

Copyright 2019, Next Decade, Inc.

 

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Dec
10

Our 2020 Trust Insights series kicks off with the best trust-building stories of 2019.

As the year comes to an end, the news media routinely “treats us” to the top “trust fails,” and 2019 is certainly no exception. This year we saw Boeing, Google, and the continuation of the Facebook trust saga take center stage.

While media outlets hold fast to the belief that only “bad news” sells, Trust Across America-Trust Around the World was launched more than ten years ago, in part to tell the “good” stories that rarely get coverage.

The following list is not about “feel good” PR, CEOs taking stands, philanthropy, “check the box sustainability” or a CSR project, but rather about high integrity leaders who understand the benefits that a long-term holistic trust-building strategy can have on their stakeholders.

While this is not the first year running our year-end review, this one was particularly challenging. Finding ten “trust in action” stories wasn’t easy. 

This diverse group of business leaders have gone beyond “talking trust” to sharing their strategy for building it.

The following list is presented alphabetically:

Aron Ain, CEO Kronos

Aron builds trust by focusing on “us” not “me.”

Dr. Richard Baron, CEO of the American Board of Internal Medicine and the ABIM Foundation

Dr. Baron offers insights on building trust with patients.

Marc Benioff, co-CEO Salesforce

Marc considers trust a company’s highest value and explains why.

Anil Dash, CEO Glitch

Anil discusses the role personal accountability plays in building trust.

Hussein Fazal, CEO Snaptravel

Hussien finds common ground, shares responsibility and prioritizes transparency to build trust.

James Filsinger, CEO Yapta

James stresses maintaining culture and rowing in the same direction.

Fisk Johnson, CEO SC Johnson

Fisk is transparently sharing the ingredients in his products so consumers know what they are buying.

Beth Mooney, CEO KeyCorp

Beth is a strong advocate for transparency, truth telling and a mission mindset.

Brian Niccol, CEO Chipotle

Brian talks about the new food safety culture at Chipotle to address customer trust.

Rami Rahim, CEO Juniper Networks

Rami discusses building trust as one of the 3 “Juniper Way” pillars

Congratulations to all of these CEOs!

Let’s work together to build more trust in 2020.

 

Barbara Brooks Kimmel is the Founder of Trust Across America-Trust Around the World whose mission is to help organizations build trust. She also runs the world’s largest global Trust Alliance and is the editor of the award-winning TRUST INC. book series. Barbara holds a BA in International Affairs from Lafayette College and an MBA from Baruch at the City University of NY.

For more information visit our website at www.trustacrossamerica.com or contact Barbara Brooks Kimmel

PS-

Why aren’t more business leaders choosing to publicly share their stories?  This could be attributed to one of several factors:

  1. Trust is not believed to be a proactive business strategy
  2. Trust is viewed as a soft skill or taken for granted, and low trust is not considered a risk
  3. The crisis of the day takes priority
  4. Only the CEO can “own” trust to communicate it effectively. It can’t be delegated.

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

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Nov
13

My high school friends still like to tease me that I was one of the hardest “workers” in the class. So yesterday, when we reached our 75,000 milestone, I took a deep breath and begin thinking about the next milestone and how we might get there.

Getting this far….

Our Trust Alliance, comprised of some of the world’s leading trust scholars and practitioners) spent over a year (2017-18) studying (and debating) the question of how trust is built and busted in teams and organizations, until we were able to agree on a set of universal trust elevating principles which we call TAP (Trust Alliance Principles.)

TAP is available at no cost in 16 languages and yesterday we crossed a threshold of 75,000 global views. As someone said in a recent conference call, TAP is quickly becoming the universal gold standard for elevating trust in teams and organizations. How cool is that?
Translating trust “talk” into “action”
Using the TAP principles as a framework, a suite of proprietary survey tools called AIM Towards Trust have been created, and the surveys have been run successfully with great results in over a dozen teams and organizations in the past few months. Later this week we will be introducing this powerful tool to 700 attendees at a national conference.
I am thrilled with the progress we are making moving the needle beyond trust talk to trust action. In fact, there is no longer any justifiable excuse for ANY leader, team or organization to talk about trust, but not act on it.
As for the future, we will continue to chip away, and I will keep working hard.
Thank you for helping us reach this important milestone.
Barbara Brooks Kimmel is the Founder of Trust Across America-Trust Around the World.
For questions or comments, email her at barbara@trustacrossamerica.com or visit the website.

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Oct
27

How often has the word “trust” been mentioned in the news this past week?

Trust in Google, Facebook, the Supreme Court, science and even the MLB. It seems that by the day, trust “talk” gains in popularity. There is no arguing that trust is a hot topic from the mountains of Davos all the way down to Wall Street.

Unfortunately, most news articles ignore the interpersonal and internal nature of trust in organizations (the ones that are difficult to monetize), instead focusing on trust “talk” and “work arounds.” We read about trust and data security, trust and sustainability, brand trust, and one of my favorites, Natural Language Processing (NLP) measures of trust. This not only adds  to the public’s misperception of what trust is, and what it is not, but it also dilutes the importance of the role trust plays in building principled and healthy organizations; the ones where people want to work.

This past week the global communications firm Edelman turned the discussion of trust to who owns it within the corporate structure. Their conclusion? The CIO. “The CIO in Focus study by Edelman reveals that CIOs are under increasing pressure to help safeguard not only a company’s data but also its corporate reputation and trust.”

What better opportunity to engage the members of our Trust Council  and ask them the same question: “Who owns trust?”

According to Bart Alexander of Alexander & Associates, it’s certainly not the CIO, although that person does play a role.

Chief Information Officers certainly do not “own” trust, nor are they the sole “guardians of trust.”  All C-suite members play significant roles in setting corporate culture including the norms and behaviors that foster trust.  In that respect, CIOs share the same responsibility as their C-suite peers.

At the same time, CIOs do play at least two unique and key roles in building and guarding trust., First, CIOs determine data strategy that determines the level of respect for privacy and security. And additionally, CIOs are business partners across the enterprise in both ongoing operations and innovation, giving them a direct view of the and influence on the value being placed on integrity and respect now and down the road.

Randy Conley of Ken Blanchard supported Bart’s position, taking the response one step further:

The person at the top (CEO, President, etc.) has a greater obligation to be the guardian of organizational trust.

Delegating responsibility to the CIO, “Chief Trust Officer,” or any other person or team, signals that trust is just another corporate duty that can be compartmentalized and managed in a silo. Saying the CIO is the guardian of organizational trust is a myopic view on the scope and importance of organizational trust. Corporate governance, brand reputation, customer experience, financial integrity, environmental responsibility, and community stewardship are among many key areas that impact stakeholder trust in an organization. Everyone needs to shoulder responsibility for building trust if an organization wants to achieve the quadruple bottom-line (employer of choice, provider of choice, investment of choice, environmental steward).

Bob Vanourek a former Fortune 500 CEO agreed:

Glad to see CIOs need to “safeguard” and “play a crucial role,” or even be the “Guardians” of trust. But trust-building among all stakeholders is so critical that it must not be delegated. Enlist the CIO, CHO, CFO, and more. But only the CEO should “own” trust.

Bob Whipple of Leadergrow also agrees that the ownership of trust is the responsibility of everyone in the organization:

The short answer is “everyone,” since trust can be created or destroyed by anyone in an organization.  In reality, the mandate to create, maintain, enhance, and repair trust gets more important as you go upward in an organization.  The most senior leaders have the responsibility for setting the tone for everything that happens in their organization.  If the level of trust throughout the layers is inadequate, the senior-most leader needs to take a good long look in the mirror to see the culprit.

Apparently, engaging subject matter experts who know trust best also provides the most coherent answers to questions like “Who owns trust?”

In summary, trust ownership cannot be delegated to a CIO or anyone else, and it will only be effective when: 

  1. Leaders acknowledge that trust starts with them, and is always constructed from the inside out
  2. The right tools are used to identify trust weaknesses and strengths
  3. Team members are free to discuss trust through open dialogue
  4. Trust weaknesses are mended and strengths are celebrated

We call this process AIM Towards Trust... Acknowledge, Identify, Mend and it’s been used successfully in teams and organizations of all sizes, shapes and colors; but only when leaders intentionally choose to build trust into their corporate culture AND don’t attempt to delegate it. 

Falling prey to quick fix solutions for elevating trust should be avoided. So should news coverage that misdefines and misplaces trust including discussions of brand trust, data trust, NLP trust, and check-the-box trust. Trust is always internal and interpersonal. These “perception of trust” work arounds may be money-makers for those who promote them, but as far as ensuring sustainable trust within an organization, there is only one route, and it’s not by having the CIO “own it.”

Thanks Trust Council members for your contributions to this article. Would you like to serve on our Council? The place to begin is by joining our Trust Alliance.

Barbara Brooks Kimmel is the Founder of Trust Across America-Trust Around the World whose mission is to help organizations build trust. For more information on how to build authentic trust, contact her at barbara@trustacrossamerica.com 

Copyright 2019, Next Decade, Inc.

 

Click here to read Edelman’s Press Release. www.prnewswire.com/news-releases/cios-emerge-as-new-guardians-of-corporate-trust-300942787.html

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Oct
08

A story of a toxic industry and how a soccer game might just offer some guidance…

This week HSBC announced the layoff of 10,000 employees, just months after ousting its Chief Executive, and bringing in an interim. According to the Financial Times, in 2014 the company employed 24,300 risk and compliance officers, and in their 2018 annual report the word “compliance” appeared 129 times. Yet since 2014, billions of dollars in fines have been levied against HSBC ranging from bank violations, fraud, money laundering, wage and hour violations and toxic securities abuses. Even with a very significant compliance presence, something still isn’t quite right at HSBC, and hasn’t been for years. Could it be that it’s not a compliance issue?

HSBC isn’t alone. Others in the industry are taking similar steps, with banking leaders continuing to cite “external” factors driving their decisions. Rarely, if ever do we hear “I screwed up” or better yet, “Our culture remains toxic and the expensive 1980s fixes are no longer working.” What if instead, leaders chose an all together different strategy, one that began with some introspection and ended with an outcome other than mass layoffs?

And now for the soccer part…

Any parent who has sat on the sidelines of a high school soccer game knows that the referee serves in a “leadership” capacity, “controlling” both the technical and behavioral components of the game. Some might think of the referee as the “Chief Compliance Officer.” Usually the “calls” are accurate, but not always. When they aren’t, coaches, parents and players pile in, and the yellow cards fly.  Sometimes these “stakeholders” are even removed from the field.

But what happens when the referee doesn’t to show up? That scenario recently played out in a game between two teams- one a big inner city group, and the other a “smaller” suburban group. From the sideline, it looked like trouble. Who could imagine these two groups facing off on a field with no one in charge? But since it was an “add on” to the schedule, and didn’t “count”, the coaches made the decision to play the game without a “leader.”

The parents and coaches held their collective breath as the game began, and for the next hour, we waited for “trouble.” It never came. In fact, the two teams got along just fine, better than in most games. Good sportsmanship was displayed and members of both teams were communicating and laughing with each other throughout the hour. It ended in a 2-1 victory for the urban team, the boys shook hands, and we all went home. What a pleasant surprise. Nobody got “carded.”

What can we learn from this story?

Perhaps the person in charge only thinks they have the power. After all, they can make the “obvious” short-term calls, collect their fee and leave the field. They have completed the “task” they were hired to do. Yet when no one is in charge or the leader chooses to relinquish some control, team members are empowered and collaboration replaces command and control. The obvious calls are mutually agreed upon, and the not so obvious are talked through until a consensus is reached. This is a healthy culture where trust replaces fear. Maybe there is a lesson for everyone to take away from this story.

What are your thoughts? Drop me an email at barbara@trustacrossamerica.com

If you want to learn more, join over 70,000 global professionals who have Tapped Into Trust, participate in our global 1 minute/ 1 question global workplace study and access our survey tools.

Copyright 2019, Next Decade, Inc.

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Oct
02

Once again, the scandal plagued banking industry has a new CEO vowing to rebuild trust. This time the headline is out of Copenhagen… 

 

Trust in Danske Bank has collapsed, says its new chief executive

How many times have we heard these words before? “As reported by Reuters, Trust in Danske Bank has collapsed amid its involvement in a damaging money laundering scandal said the bank’s Chief Executive Chris Vogelzang, as he vowed to strengthen the bank’s defense.”

Fresh out of ABN Amro, another scandal plagued bank, the newly elected Danske CEO cites the primary cause for the loss of trust: “The high level of trust in Denmark, which enjoys a reputation as being one of the least corrupt nations, mean(ing) that there had been fewer incentives to control risks.” And his solution… As a result, he said, nine out of 10 people in the top compliance team are now from outside Denmark.

And also… “There was also some “bad” product in the mix. Trust in the bank has been further dented after a scandal, in which it failed to inform customers that it expected a poor performance from an investment product called Flexinvest Fri and continued to sell the product after raising fees associated with it.”

Once again I asked the members of our Trust Council to read the article and share some advice for Chris Vogelzang.

Donna Boehme, our “Lion” of compliance weighed in first, offering the following observations: 

To rebuild trust and establish a culture of ethical leadership is a huge undertaking that takes years, not days, and requires the advice and coaching of experts, not just PR Wizards of Smart.  One area the experts would focus this company on would be the entire system of “incentives” which has an outsized effect on culture and business decisions, as demonstrated so vividly by Wells Fargo and its fake accounts scandal. Danske might want to look at the leading edge examples being set by a number of companies In this arena.

It is also encouraging that the CEO has brought a compliance team together that has AML and other compliance SME. But if he wants that team to be successful, he must ensure that it has independence, empowerment, line  of sight, seat at the table and resources adequate to do the job well. Gone are the days when reputation and brand can be entrusted to an in-house legal team with no legitimate compliance SME (earned in the trenches) and lacking the positioning and authority to do the job. 

 

Stephen M.R. Covey  shared the following thoughts:

First, “you can’t talk your way out of a problem you behaved your way into.”  In other words, the only way to restore trust here will be through actions—behaviors—not merely words (although words can be helpful to signal what you’re going to do).  Key behaviors to restore trust here include:  Confront Reality (acknowledge it), Practice Accountability (own it), Right Wrongs (make it right as best you can), Clarify Expectations (tell people what you’re going to do to re-earn their trust), and Keep Commitments (do what you say you’re going to do).

Second, trust in the marketplace is an extension of trust in the workplace.  It’s inside out.  So in order to restore trust with customers, it will be vital to also restore trust with your own people.  Too often organizations who have lost trust in the marketplace focus primarily (sometimes almost exclusively) on the customer/market trust and don’t recognize that they also need to be rebuilding internal workplace trust.  Without the workplace trust, it’s hard to sustain market trust.  Indeed, it’s incongruent.

Third, while building/rebuilding trust is definitely an inside-out process, starting with each leader and with the leadership team, it’s also vital that the process move out to the organizational level where they can better and more appropriately align systems and structures to ensure they build trust the right way.  Some of these systems/structures may have been misaligned in the past and may have contributed to the challenge.

There’s a lot more they need to do but those are just a couple of thoughts.

 

I’ll add a few more observations to the sage advice provided by Donna and Stephen. 

The concept of rebuilding something implies that it was built before.There is one question that the new CEO must answer before a trust-building strategy can be developed. What exactly did we trust our bank to do in the past that we are currently failing to do? 

While compliance plays a role in elevating trust, it must first come as a directive from the top. If the Board of Directors doesn’t understand or support the importance of creating a long-term strategy to elevate trust, the leadership team will be ineffective. The Danske Board currently consists of five committees: audit, compliance, nomination, remuneration and risk. I would suggest adding a sixth called “trust” and immediately calling in some trust subject matter experts to assist in outlining this critical trust-building strategy.

And speaking of strategy, whether post crisis or proactive, trust can never be delegated, yet this is what we see time and time again. It is not a legal or PR “tactic,” but rather an outcome of an intentional trust “plan” that leadership executes, practices and reinforces daily. In other words, trust “talk” must be followed up with action.

I hope someone at Danske reads this and passes the article up the chain. Perhaps Danske will someday become the industry role model in building trust. After all Denmark, with its high level of trust, should demand nothing less.

Barbara Brooks Kimmel is the CEO of Trust Across America-Trust Around the World whose mission is to help organizations build trust. For more information on how to build authentic trust, contact her at barbara@trustacrossamerica.com 

Copyright 2019, Next Decade, Inc.

This is the link to the original Reuters article.

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Sep
22

It’s Sunday. What are your plans for tomorrow?

Did you know that twice as many people call in sick on Mondays as compared to Fridays? 

 

 

That’s 24.8% vs.12.8% according to a recent study conducted in the UK. And few would argue that employee absenteeism places pressure on productivity, morale AND the bottom line, but who’s keeping track?

Putting reasons aside like sickness or a hurricane, the following common workplace occurrences are fueling Monday absenteeism:

  1. Truth takes second place to personal and professional gain
  2. Accountability is expected but not practiced by management
  3. Short-term wins beat long-term purpose
  4. Talk and actions don’t match
  5. Only one voice matters and it’s not yours
  6. Moral character? What’s that?
  7. Closed doors and closed mindedness abound
  8. Hidden agendas stifle transparency
  9. Fear is rampant and rules “rule”
  10. Failures are punished
  11. Honesty is not encouraged
  12. Shared values are non-existent

Can you name the common thread running through these?

If you guessed low trust you are correct, and it is present in almost every workplace. Low trust, leads to low morale which, in turn, increases employee absenteeism.

The fixes aren’t all that difficult if you can get past Step #1 below.

Step #1 ACKNOWLEDGE that trust is low. That’s the hardest part. Reviewing these universal principles  and answering this one question/one minute anonymous survey will help. (Almost 70,000 people already have)

Step #2  Identify which principles are weak in your organization. They won’t all be and strengths can be celebrated.

Step #3 Mend them with these tools. You can do it yourself or contact barbara@trustacrossamerica.com

Why have YOU chosen to call in sick tomorrow? What actions can you take to curb “Mondayitis?”

Barbara Brooks Kimmel is the CEO at Trust Across America-Trust Around the World whose mission is to help organizations build trust. 

Copyright 2019, Next Decade, Inc.

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Sep
18

Brand Trust has become a “big deal” for marketers in 2019.

While some define brand trust as building trust with your customers and consumers, not everyone agrees.

A recent article in Adweek called Consumer’s Trust in Brands Has Fallen to a New Low highlights the confusion that often arises when “talking trust” from a brand standpoint, or any point for that matter. This particular article ran the “building trust gamut” from:

  • Elevating trust with consumers
  • Through data privacy 
  • Relationship building
  • To increasing transparency
  • Meeting the needs of millennials and Get Z
  • And even being good corporate citizens.

I don’t know about you, but for me that’s a pretty tall and confusing trust order.

So I asked the members of our Trust Council to read the article and share their professional observations about what brand trust is and what it isn’t. Here’s what five members had to say:

Bart Alexander, a seasoned CSR professional opined that most consumers, including young adults, are still choosing products and services based on functional attributes more than responsibility performance of the parent company. Similarly, most investors still seek to maximize total return rather than focus on long-term sustainability performance. But we may well be on the cusp of a tipping point where the approaches referenced in the article become mainstream. At the same time, we must acknowledge that most of the economy is continuing to operate on far more traditional views about value.

Nadine Hack, a leadership consultant and educator, concurs. All of this activity makes me wonder (hopefully, yet cautiously) if we may have finally reached a tipping point where corporate social responsibility is something businesses must act on, not just talk about.

Randy Conley at Ken Blanchard adds that in the digital world, organizations are having to constantly make deposits in the “trust bank” of their customers, because sooner or later, there will be an instance where trust is broken. It’s not a question of if they’ll break trust, but when. The vast majority of consumers are starting to realize that we only live under the illusion of privacy and data security.  At the end of the day, each of us as consumers has to decide our own comfort level of risk in sharing our information with others and trusting those individuals/organizations to keep it safe.

Linda Fisher Thornton, an ethics educator and consultant had this to say… Reputation and brand used to be considered separate things. You built your brand (what you wanted people to believe about your company) and you sought to protect the image of your brand that you had built. That approach is outdated. With social media transparency, reputation and brand have converged to the point that reputation defines and shapes the brand. People believe what they see a company doing rather than any pretty picture it has created to represent itself.The way to build trust is not to pretend to be a trustworthy brand, but to actually live it.

“The Trust Ambassador” Bob Whipple concluded with these thoughts…The thing I was reminded of is that we all need to be cognizant of the reputation of our own brands and the jeopardy we could put people in unwittingly. The real test is how diligent the company is on the front end to design a robust system and how the company reacts if and when something goes wrong. That is the test of their leadership.

Which brings us back to the question in the title of the article. What does Brand Trust mean?

I suppose it depends on one’s personal and professional perspective. If you are a marketer in 2019, apparently it’s a big deal, not unlike “purpose,” another big deal. Sadly, many of these are merely PR “campaigns” designed by those who have no subject matter expertise. The result is not only less trust, but more cynicism and confusion for both customers and consumers. 

Marketers who choose to talk about brand trust, should consider shifting their focus to helping build trustworthy and enduring brands. That’s not accomplished through data security or meeting the needs of a certain generation, and it’s certainly not the sole responsibility of the marketing department. The way trustworthy brands are built is similar to the way people build trust between themselves. It always boils down to principles and values, and either leaders, teams and organizations have them or they don’t. If brands want to be trustworthy and trusted, it’s leadership’s responsibility, along with their Board, to first clean up their own house from the inside out. Building a foundation of trust via principled leadership and trustworthy employees is the only solution to elevating brand trust. And then the marketing team can step in and craft an authentic message, not just a PR campaign.

As Bob Whipple said earlier, the real test is how diligent the company is on the front end.

Barbara Brooks Kimmel is the CEO of Trust Across America-Trust Around the World whose mission is to help organizations build trust. For more information on how to build authentic brand trust, contact her at barbara@trustacrossamerica.com 

Copyright 2019, Next Decade, Inc.

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Aug
24

In this week’s Business Roundtable statement on the purpose of a corporation, IBM CEO Ginni Rometty had this to say….“Society gives each of us a license to operate. It’s a question of whether society trusts you or not. We need society to accept what it is that we do.

Yet the announcement has been met with some skepticism.

Don’t believe the Business Roundtable has changed until its CEOs’ actions match their words Fast Company

Business Roundtable Statement is Just Propaganda LA Times

Stakeholder Capitalism Will Fail if it’s Just Talk Bloomberg

Why the skepticism? Perhaps because the statement provides no specifics regarding the actions that this group of CEOs will undertake to change the way society views them and their companies, or simply that talk is cheap.

I humbly suggest, as I have been doing for over 10 years, that while “Purpose” may be easy and convenient, it does not address the “real” problem facing CEOs nor should it be the Business Roundtable’s starting point. Instead, this group of almost 200 business leaders should first take a close look at their Principles, meaning their individual and collective ethical standards, and how they apply these principles to building trustworthy organizations. Acting with the right principles leads to the right decisions, and only then can societal trust be earned. “Purpose” through check the box practices and “one off” delegated programs will simply lead to increasing skepticism.

Trust Across America-Trust Around the World, offers these principles to the Business Roundtable CEOs as a guide for further discussion. A similar version designed for teams and leaders interested in starting a trust discussion has been read over 65,000 times.

Barbara Brooks Kimmel, CEO Trust Across America-Trust Around the World

Copyright 2019, Next Decade, Inc.

 

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Aug
20

Ideally, an internal C&E team will have great people skills and the ability to communicate and collaborate with all stakeholder groups. But if the team is ignoring the underlying principles essential to building high trust, the C&E function will be ineffective AND responsible for increasing enterprise risk.

Barbara Brooks Kimmel, CEO Trust Across America-Trust Around the World

The head of Compliance & Ethics at a large global public company recently engaged us to administer our AIM Towards Trust assessment within their 20+ member team. Unlike others who take trust for granted or consider it a soft skill, this one acknowledged that internal team trust was lacking and wanted to find out why. They sought to identify trust weaknesses and strengths, and to begin a trust discussion with the goal of remedying the weaknesses, celebrating strengths and reducing risk.

Our one question/one minute assessment is based on our universal principles called TAP (Tap Into Trust), developed over the course of a year by many of the world’s leading trust scholars and practitioners, accessed almost 65,000 times, and now in use in dozens of teams and organizations.

The survey results are displayed below. Accountability, Transparency and Respect were identified as the principles that needed immediate attention and, armed with this knowledge, the C&E Team leader was provided with additional do-it-yourself tools to address the weaknesses.

This leader believes that the responsibility to elevate organizational trust lies with their team, and is now expanding the assessment, bringing it into other functional areas within the organization to identify and remediate trust gaps. 

High trust C&E teams are role models, supporting employee and customer wellbeing which, in turn fosters faster company growth and achievement of organizational goals, while minimizing risk. 

What do you think the trust profile of your C&E team would look like, or would you rather not know?

While your colleagues are embracing trust as the NEW currency, are you choosing to ignore it?

Barbara Brooks Kimmel is the CEO of Trust Across America-Trust Around the World whose mission is to help organizations build trust using a proprietary assessment tool called AIM Towards Trust. A former consultant to many Fortune 500 CEOs and their firms, Barbara also runs the world’s largest global Trust Alliance, and is the editor of the award winning TRUST INC. book series and TRUST! Magazine. Barbara holds a BA in International Affairs and an MBA. For more information contact barbara@trustacrossamerica.com

Copyright 2019, Next Decade, Inc. No part of this document may be reproduced without permission.

 

 

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