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Posts Tagged ‘Alliance of Trustworthy Business Experts’

Nov
19
TrustGiving 2014 Logo-Final

 

Welcome to TRUSTGiving 2014, our first annual weeklong trust awareness campaign.  Join the Alliance of Trustworthy Business Experts as our members help our readers navigate the complexities of trust. We will be blogging (several times a day) and posting on Twitter #TrustGiving2014.

In this post, Frank Sonnenberg discusses the disconnect between trust’s perceived value and the priority it is (or is not) given.

People like talking about trust. Parents expect it, recruiters require it, and leaders demand it. In fact, whenever trust is mentioned, everyone smiles and nods their head. That’s because trust is like motherhood and apple pie.

Yet, there seems to be a disconnect between the perceived value of trust and the priority that it receives. Some folks view trust as nothing more than a motivational speech, a clever slogan, or a fancy book collecting dust on a shelf.

Why doesn’t trust receive the priority that it rightly deserves? In some cases, people are short-term thinkers. They’ll do anything to get what they want and aren’t willing to make the long-term commitment.  Others conclude that it’s hard to measure the impact that our words and actions have on trust –– so why pay the price? Let’s look at what happens in the absence of trust.

 

Distrust Commands a Heavy Price

In the relationships between people and groups, a lack of trust:

Creates a distraction. Distrust causes people to lose sight of what’s important and become sidetracked by trivial matters.

Damages relationships. Distrust promotes disharmony and uncertainty. It causes people to scrutinize what others say and second-guess their intent.

Destroys communication. Distrust fosters dishonesty and lack of transparency. People spend more effort reading between the lines than listening to what’s being said.

Damages teamwork. Distrust creates dissension. It pits people against one another. You can expect finger pointing, the blame game, and witch hunts to thrive where there is distrust.

Reduces competitiveness. When there’s distrust, people spend more time answering to the “paperwork police” than doing their job. This increases costs, but rarely adds value to the product or the customer experience. 

Encourages game playing. Distrust encourages people to spend more time trying to beat the system rather than trying to do something meaningful.

Destroys individual initiative. Distrust encourages people to look busy rather than to actually be productive.

Creates a toxic environment. Distrust creates an atmosphere that can be cut with a knife. In these environments, people opt for the political solution rather than for doing what’s right.

Hurts loyalty and morale. Distrust is anxiety provoking and debilitating. Good people would rather leave an organization for greener pastures than spend their days covering their behind.

It’s time to put your money where your mouth is. 

 

The Magic of Trust

What if I told you that mistrust could kill our individual aspirations, cripple our personal and business relationships, strip the muscle from our most powerful leaders, and crush the productivity and morale of our best and brightest people? Would I have your attention? Then why don’t we give trust the attention it deserves?

You may not think that paying lip service to trust bears a cost, but it commands a very handsome price. If you care about your credibility and reputation, desire the respect of friends and family, or want to be taken seriously in life … trust matters. Trust is more than a platitude; it defines you as a person. There is a tendency to believe that if something cannot be seen or heard, it does not exist. It brings to mind the question: If a tree falls in the forest and no one is there to hear it, does it make a sound? Trust, as with other soft issues, is like the tree that falls in a forest. If we don’t believe that trust makes a sound, maybe it’s time to get our hearing checked.

 

Frank Sonnenberg is an award-winning author. He has written five books and over 300 articles. Frank was recently named one of  100 “Global Thought Leaders” and nominated as one of “America’s Most Influential Small Business Experts.” Frank has served on several boards and has consulted to some of the largest and most respected companies in the world. Additionally, FrankSonnenbergOnline was named among the “Best 21st Century Leadership Blogs.” Frank’s new book, Follow Your Conscience is available November 2014.

© 2014 Frank Sonnenberg. All rights reserved.

Barbara Brooks 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 and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Copyright 2014, Next Decade, Inc.

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Nov
18
TrustGiving 2014 Logo-Final

 

Welcome to TRUSTGiving 2014, our first annual weeklong trust awareness campaign.  Join the Alliance of Trustworthy Business Experts as our members help our readers navigate the complexities of trust. We will be blogging (several times a day) and posting on Twitter #TrustGiving2014.

In this post, Bob Whipple discusses the bilateral nature of trust.

I have studied trust for two decades.  It is such a rich topic area that the angles of insights are limitless. A concept I want to discuss here is the bilateral nature of trust.  We often think of trust as one dimensional: about how we feel toward another person. In reality, trust goes both directions at all times.

If we recognize this aspect of trust, one of the best ways to receive more trust in your life is to give more of it to others.  If a child trusts us to keep her from falling on her first bike ride, we rise to that trust by being worthy of it.

The same kind of reciprocal trust goes on in the workplace every day.  If we extend more trust to people then we will build more trust for us in return. It is this cycle of giving and receiving trust that is so helpful for anyone in a leadership position.

I work with leaders all the time. Many of them show little trust in their workers because they say, “how can I trust them when they show that they are not trustworthy.”  These leaders foster low trust actions and the cycle continues.  If they would only seek ways to show higher trust, in little ways, there is a Pygmalion way to walk out of the darkness to where higher trust extension is possible.

Take proactive step of extending more trust to people who work for you. This means doing things like:

  • Giving people more authority
  • Refraining from micromanaging
  • Eliminating restrictive rules

These types of actions allow people to know you are serious about trusting them more, and they will rise to a higher level of performance as a result.

Bob Whipple (AKA “The Trust Ambassador”) is CEO of Leadergrow Inc., an organization dedicated to the development of leaders.  He has written four books on trust and leadership and has made contributions to several other trust books.  He has written hundreds of articles on trust and leadership topics.

Barbara Brooks 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 and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Copyright 2014 Next Decade, Inc.

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Nov
18
TrustGiving 2014 Logo-Final

 

Welcome to TRUSTGiving 2014, our first annual weeklong trust awareness campaign.  Join the Alliance of Trustworthy Business Experts as our members help our readers navigate the complexities of trust. We will be blogging (several times a day) and posting on Twitter #TrustGiving2014.

Linda Fisher Thornton offers advice on Protecting the Trust Relationship

I have noticed that when I extend trust to others, even if I have doubts, I am usually pleasantly surprised by the results. I believe that we should extend trust freely to others for these five reasons that tie directly back to the success of our organizations:

5 Reasons We Should Extend Trust

1. To Avoid a Cycle of Mistrust

If we hold back trust we may treat someone suspiciously, causing them to not trust us. Our negative expectations can become a self-fulfilling prophecy, starting a cycle of mistrust.

2. To Encourage Trustworthy Behavior

We often get what we expect, so we should expect trustworthy behavior. If we freely trust people, they are more likely to behave in trustworthy ways.

3. To Support Ethical Culture-Building

High-trust workplaces support ethical choices and ethical choices build trust. Withholding trust creates a cultural “dampening field,” making it less likely that people will protect the organization’s ethics.

4. To Stay Focused on Positive Outcomes

Staying focused on the positive keeps us from getting stuck in “what if” scenarios that can distract us from the work at hand.

5. To Bring Out People’s Best (Which Fuels Organizational Success)

Trusting others (while being alert for problems at the same time) brings out the best in them, and it brings out the best in us. This positive cycle propels our organizations to success.

Protecting the Trust Relationship

If we make trust “all about us” we’re missing the point – trust is inherently relational. We can’t build a trust relationship by holding back until people “earn it.” We will not reap the wonderful benefits of trust building without a commitment to protecting the trust relationship. No “transaction” can transform people and organizations the way that that protecting the trust relationship does.

 

Linda Fisher Thornton is CEO of Leading in ContextLLC, and she is on a mission to Unleash the Positive Power of Ethical Leadership™ in organizations. She is the author of 7 Lenses. Linda is an authority on the future of ethical leadership, and writes and speaks about how to bring out the best in people and organizations through proactive ethical leadership.  Her website is LeadinginContext.com.

Barbara Brooks 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 and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Copyright 2014 Next Decade, Inc.

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Nov
17
TrustGiving 2014 Logo-Final

 

Welcome to TRUSTGiving 2014, our first annual weeklong trust awareness campaign.  Join the Alliance of Trustworthy Business Experts as we help our readers navigate the complexities of trust. During the week we will be blogging (several times a day) and posting on Twitter #TrustGiving2014.

Bob Vanourek is a former CEO of 5 firms. What happened when he got fired?

When I was in my late-20’s, I was CEO of a small company owned by a venture-capital firm in California that had hired me. We had a great run over a few years, taking the firm from $1 million in revenue to almost $4 million, and I was hoping we might “go public.”

Then I was told by the venture capitalists that they had sold the firm to a larger company. I was shocked. After the sale, I had a chip on my shoulder, which showed in my behavior at the new firm. I was a pain-in-the butt.

One day the Group VP to whom I reported arrived in town and fired me. What an embarrassment in the small town where we lived. No outplacement services in those days. I was just out. 

One of my direct reports was named CEO, and I learned my officers had all been interviewed for my job before I was canned. How untrustworthy they had been.

Then I heard a radio jingle:

“Love many; trust few; and always paddle your own canoe.”

“That’s me,” I said. People betrayed me, so, I’ll trust few.

I operated that way for a while but soon realized, when I showed I didn’t trust people, then they didn’t trust me. As my friends, Jim Kouzes and Barry Posner say, leaders go first.

To lead, I had to regain a positive attitude and extend trust first. 

Bob Vanourek is the former CEO of five firms from a start-up to a billion dollar NY stock exchange turnaround. He is an organizational consultant and is one of Trust Across America’s Top 100 Thought Leaders in Trustworthy Business Behavior. He is the co-author of the award-winning book Triple Crown Leadership: Building Excellent, Ethical, and Enduring Organizations. www.triplecrownleadership.com

Barbara Brooks 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 and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Copyright 2014 Next Decade, Inc.

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Nov
17
TrustGiving 2014 Logo-Final

 

Welcome to TRUSTGiving 2014, our first annual weeklong trust awareness campaign.  Join the Alliance of Trustworthy Business Experts this week as our members help our readers navigate the complexities of trust. Over the next seven days we will be blogging (several times a day) and posting on Twitter #TrustGiving2014.

Holly Latty-Mann shares some thoughts below. Check back at the end of the week for the second segment of Holly’s Trust and Company Meetings Part 2.

Part I: Trust-Building Activities to Incorporate in Company Meetings

(an excerpt from our upcoming book, Trust Inc., 52 Weeks of Activities & Inspirations for Building Workplace Trust)

Weekly meetings, whether management or departmental, offer prime opportunities to create and build both trust and cohesion between and among all team members. By applying what cognitive psychologists refer to as the primary and recency effects, people tend to remember the first and final activities of meetings. As such, it is important to begin and end team meetings in a way that promotes a trust with far-reaching ripple effects.

Although not necessary, ideally the one who sets the agenda for weekly meetings is the one with the greatest opportunity to introduce activities designed to create a team culture of trust. The following represents a tried-and-true approach by the author of this blog.    

Create a Brief Checking-In Activity to Start the Meeting: 

►Announce you’d like to start your meeting with a quick, casual “checking-in round,” in which everyone has a chance to share anything of interest going on in his or her life – or pass.

►Rather than offer examples, consider going first in order to provide a model of appropriate self-disclosing. Examples can include family vacation or the angst one feels with one’s teenage child getting a permit to drive, or discovering rock climbing as a favorite pastime.

►Occasionally bring in a prop or picture as an adult version of show-and-tell, something designed to promote some levity or a relaxed demeanor.

►Although it is important to keep it brief, it’s also important not to be rigid regarding timing. 

►Allow body language cues to help with moderating, pacing, and timing.  

Experiencing one another in other life roles helps everyone become as much people-focused as task-focused when later working together on a team project. It is a genuine manifestation of trust when one’s focus shifts from who is right or wrong to what’s working or not working, the latter of which is more likely to happen when people regard one another as “Pat the person” and not just “Pat the professional”.

My next blog will feature an even shorter activity to end the meeting, one that likewise is designed to build trust and team cohesion.

Holly Latty-Mann, PhD, president and owner of The Leadership Trust®, uses her two doctorates in psychology to heighten and crystallize self-awareness and emotional intelligence at root-cause level. Her holistic, integrative models extend to team and organizational development processes to engender trust-based collaborative efforts, thereby expediting both the creation and delivery of her clients’ innovative products and services. To contact Holly and learn more, visit www.leadershiptrust.org or write info@leadershiptrust.org.

Barbara Brooks 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 and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Copyright 2014 Next Decade, Inc.

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Nov
17
TrustGiving 2014 Logo-Final

 

Welcome to TRUSTGiving 2014, our first annual weeklong trust awareness campaign. From November 17-23, Trust Across America-Trust Around the World will be delivering a series of guest blog posts to inspire and motivate you to raise the level of trust in your personal and professional relationships.

Who remembers a time when:

  • Families, often extended, ate dinner together every night
  • Doctors made house calls
  • Business deals were done on a handshake
  • Politicians kept their word
  • Athletes exercised their way to peak performance
  • The media reported the facts

These were just a few of the foundational elements of societal trust. Many seem like a distant memory, but given the right tools, we can return to a higher trust environment.

Join the Alliance of Trustworthy Business Experts this week as our members assist our readers in navigating the complex trust maze. Over the next seven days we will be blogging (several times a day) and posting on Twitter #TrustGiving2014.

Come join the celebration and share your newfound knowledge with others.

Let us not look back in anger, nor forward in fear, but around in awareness. James Thurber

Barbara Brooks 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 and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Copyright 2014 Next Decade, Inc.

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Nov
06

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Trust each other again and again. When the trust level gets high enough, people transcend apparent limits, discovering new and awesome abilities for which they were previously unaware.” –David Armistead

I am excited to share the results of a brand new research study called “Building Workplace Trust” from our  trust alliance members at Interaction Associates.

Leaders: did you know there’s a 60 percent chance your employees don’t trust you much? It’s true, according to brand-new research from Interaction Associates. And this is the case despite the fact that eight in ten workers say they need to trust their bosses in order to be effective on the job.

Just four out of ten workers report they have a high level of trust in their leaders and their organizations. Perhaps even more worrying: one-quarter of employees surveyed say they trust their boss less this year than they did in 2013.

So why is this important? The study demonstrates that companies which enjoy high levels of trust among their employees are two and a half times more likely than those that don’t to enjoy superior revenue growth. High-trust businesses significantly outperform all other organizations in achieving a wide variety of business goals, including customer loyalty and retention; competitive market position; values-driven behavior and actions; predictable business and financial results; and profit growth.

So how do these high-trust, highly successful companies earn the trust of their employees? Those surveyed chose these as the top five actions leaders can take in order to build trust.

  1. Ask for input into decisions that affect employees.
  2. Give employees background information so they can understand why decisions are being made.
  3. Set workers up for success by providing them with learning opportunities and the resources they need.
  4. Admit your mistakes.
  5. Don’t punish employees for raising issues or concerns: in other words, don’t shoot the messenger.

To complete the research study, Interaction Associates surveyed 500 employees at companies worldwide in a range of job functions and industries.

Thank you for the opportunity to share this with our audience.

Barbara Brooks 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 and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Nominations are now being accepted for Trust Across America-Trust Around the World’s 5th annual Global Top Thought Leaders in Trustworthy Business.

PrintND Trust CEO cvr 140602-ft914Trust front Cover

                                                                                                 Coming Soon!

Should you wish to communicate directly with Barbara, drop her a note at Barbara@trustacrossamerica.com

Copyright © 2014, Next Decade, Inc.

 

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Nov
03

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When a team outgrows individual performance and learns team confidence, excellence becomes a reality. 

Joe Paterno

Today I am excited to be one of the first to share a brand new research study from the Chartered Management Institute titled The Moral DNA of Performance and co-authored by one of our trust alliance members in the UK, Roger Steare. This is a fascinating report that further supports our business case for trust & ethics and concludes with the following:

As we look more closely at the morality of managers through the lens of MoralDNA, we see that being good and doing things right is mostly about our empathy, our reason and our values. It is much less about the achievement of narrow financial targets; or our robotic compliance with rules and regulations. And yet governments, businesses, public services and charities still persist in a focus on quantitative targets and bureaucratic red-tape that drive dysfunctional and unethical workplace cultures. This has to change.

To access the full report and read the recommendations, please follow this link.

Thank you Roger for the opportunity to share this with our audience.

Barbara Brooks 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 and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Nominations are now being accepted for Trust Across America-Trust Around the World’s 5th annual Global Top Thought Leaders in Trustworthy Business.

PrintND Trust CEO cvr 140602-ft914Trust front Cover

                                                                                                 Coming Soon!

Should you wish to communicate directly with Barbara, drop her a note at Barbara@trustacrossamerica.com

Copyright © 2014, Next Decade, Inc.

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Oct
30

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Destiny is no matter of chance. It is a matter of choice. It is not a thing to be waited for, it is a thing to be achieved–  William Jennings Bryan

Early this week we published the inaugural edition of TRUST! Magazine. It features stories of companies and leaders in the financial services industry who are NOT the bad apples we read about daily in the press. These stories contain dozens of best practices that can be emulated and replicated in companies that choose to put trust on their daily docket.

The people who contributed to this magazine are as diverse as the subject of trust itself- Jan Lynn Owen, a California Banking Commissioner, Brad Katsuyama, who’s name you may recall from 60 Minutes, Steven Mandis a former Goldman Sachs investment banker, Bruce Cahan a visiting scholar at Stanford University, Jack Hubbard, a member of our trust alliance, who has spent decades teaching bankers how to be trustworthy, and David Reiling the CEO of Sunrise Banks, to name just a few. These are the people who are leading the movement to change the way business is done. These are the people who not only talk trust but walk it too.

In compiling this magazine, I was reminded again and again that industry is not destiny. Similar to the NFL, the good players have their reputation’s tarnished by a handful of thugs.

Five years ago, Trust Across America-Trust Around the World developed the only holistic, quantitative measurement of the trustworthiness of public companies. We call it our FACTS Framework and we have been carefully tracking individual company and industry performance since then. The “trust trends”, and even the risks we see, are very different than what some of the companies choose to talk about, and what the opinion polls would have you believe. Companies that rise to the top of our model have similar DNA, regardless of their industry. Their thinking is holistic and “long-term” and they crush their competition.

Trust begins with trustworthy leadership at the Board & C-Suite level. We’ve published two award-winning books on the subject with a third out in November. Trust is built over time and in incremental steps. It doesn’t matter what the industry. The steps are the same. If trust is considered a business imperative, it is built into the corporate credo, vision and values, and practiced every day by everyone. It is reinforced at every opportunity.

No company is perfect, but trust ALWAYS begins with the internal actions of leadership. Don’t believe for a minute that industry is destiny. Not yet convinced? Read our magazine and see for yourself.

PS- An early observation based on sales… the majority of buyers are not US based. What does that tell you?

Barbara Brooks 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 and the Executive Editor of TRUST! Magazine. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Nominations are now being accepted for Trust Across America-Trust Around the World’s 5th annual Global Top Thought Leaders in Trustworthy Business.

Have you seen our brand new magazine TRUST!

Fall 14 Trust Magazine-Cover

                                                                                               

Copyright © 2014, Next Decade, Inc.

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Oct
23

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Communication leads to community, that is, to understanding, intimacy and mutual valuing. Rollo May

Nan Russell, a member of our Trust Alliance and author of Trust, Inc.: How to Create a Business Culture That Will Ignite Passion, Engagement, and Innovation, shares 12 Communication Practices That Elevate Communication and Build Trust in today’s blog post:

The communication practices below lift understanding, create aligned purpose, improve relationships, and enable healthy and productive differences, and while doing so, increase trust-building:

  1. Know what matters to the people you lead
  2. Have dialogues without personal agendas or assumed answers
  3. Express heartfelt, specific gratitude
  4. Be forthcoming about your objective, purpose, or goal
  5. Align your actions with your words
  6. Operate with thoughtful transparency
  7. Paint word-pictures to make something seeable, doable, and purposeful
  8. Be about the right action, not the action that’s right for you
  9. Be open to all methods of communication
  10. Offer feedback as opinion, not fact
  11. Listen to learn
  12. Be the message, not the messenger, for respect, integrity, and compassion

Communication that builds trust is elevated because it brings honesty, integrity, authenticity, and caring into the conversation.

Thank you Nan for sharing this guest blog post with us. For more information about Nan, visit her website.

Barbara Brooks 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. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

Nominations are now being accepted for Trust Across America-Trust Around the World’s 5th annual Global Top Thought Leaders in Trustworthy Business.

PrintND Trust CEO cvr 140602-ft914Trust front Cover

                                                                                               Coming Soon!

Should you wish to communicate directly with Barbara, drop her a note at Barbara@trustacrossamerica.com

Copyright © 2014, Next Decade, Inc.

 

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