Archive

Posts Tagged ‘values’

Oct
11

Every year Trust Across America-Trust Around the World publishes its popular Annual Top Trust Stories, highlighting leaders who are “intentional” about trust.

This is the link to the 2019 article.

 

These outstanding leaders are also mentioned in TRUST! Magazine’s  annual Top Thought Leaders issue published every January.

Who should make the list this year? Email your idea to barbara@trustacrossamerica.com by the end of November with a short explanatory note, or link to an article, and we will consider it when compiling this year’s list. If your “honoree” is selected, your name will be included in the article.

And don’t forget to participate in this year’s Top Thought Leaders in Trust. Nominations opened on October 1.

Barbara Brooks Kimmel is the founder of Trust Across America-Trust Around the World, whose mission is to help organizations build trust. Now in its 12th year, the program has developed two proprietary trust-evaluation tools, the latest is AIM Towards Trust. She also runs the world largest global Trust Alliance and is the editor of the award-winning TRUST INC. book series. Kimmel is a former consultant to McKinsey who has worked across multiple industries and with senior leadership. She holds a bachelor’s in international affairs from Lafayette College and an MBA from Baruch.

 

 

Copyright © 2020, Next Decade, Inc.

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Aug
04

Having studied and observed trust building and trust busting behavior for over ten years, what’s crystal clear is that when people trust you, their confidence in you will increase, and they will be more inclined to do business with you.

 

 

LinkedIn claims to have more than 700 million users in 200 countries, and the platform can be a very powerful business tool, IF your goal is to build trust with your connections. The following are ten tips on how to do this.

  1. Begin with a clearly defined “ethics based” LinkedIn strategy, with the focus being your connections not you.
  2. Communicate authentically. Your values, beliefs and principles must align with your actions.
  3. Become the “go to” person in your area of expertise by publishing well-written original thought leadership pieces rather than announcing your next podcast or speaking engagement.
  4. Every post should represent added value to your readers or be solutions based.
  5. Share relevant, high quality content, even if it is from a competitor. Shine a spotlight on valuable material, regardless of who wrote it.
  6. Remain humble. Don’t tell your audience how “honored” or “humbled” you are while promoting your upcoming gig or your most recent award. That’s just insincere self-interest.
  7. Before publishing your next post answer this question: “Who cares (other than you and your mother)?”
  8. Engage your audience by asking them for input and feedback, and be sure to acknowledge every response.
  9. In this age of rapidly evolving social “activism” pick your photo captions carefully. For example, does your photo show a room full of men with no female presence? Does it just show you?
  10. You are the company you keep. Make sure the posts you are “liking” reflect positively on your values. (And instead of simply “liking” a post, leave a thoughtful comment.)

And now for a few surefire ways to bust trust really fast…

  1. Connecting with the sole purpose of selling something to your “prospect”
  2. Pretending in your initial connection request that you have something (undefined) in common.
  3. Immediately upon connecting, filling the recipient’s inbox with all sorts of “stuff” about how great you are.
  4. Having a profile that screams “amateur”: Words and phrases like guru, influencer, disruptor, rebel, world-renowned, life coach, Lion, Forbes and Inc. contributor… and best-selling author.
  5. Same goes for credentials- fake PhD’s and questionable experience are easy to spot and even easier to verify.
  6. Being a bragger about your latest upcoming “gig” and then having all your friends say “Congrats!”
  7. Ignoring comments, or better yet, deleting them if you disagree or think they might take the attention away from you.
  8. Trolling LinkedIn and inciting controversy.
  9. Showing zero interest in getting to know your new connections, even when they message you.
  10. Adding your LI connections to your mailing list without permission.

Having been an active LinkedIn member for many years, the balance is shifting away from thought leadership towards billboard advertising. If this is accurate, LinkedIn will surely (and quickly) lose its stature as a valuable business tool. In fact, I’ve spent the past several months deleting hundreds of self-promoting LinkedIn connections.

In summary, if the focus is simply “You,” maybe it’s time to rethink your LinkedIn strategy. Start by making “trust building” your core focus.

What other suggestions do you have for building trust on LinkedIn? Leave your comments.

Barbara Brooks Kimmel is the founder of Trust Across America-Trust Around the World, whose mission is to help organizations build trust. Now in its 12th year, the program has developed two proprietary trust-evaluation tools, the latest is AIM Towards Trust. She also runs the world largest global Trust Alliance and is the editor of the award-winning TRUST INC. book series. Kimmel is a former consultant to McKinsey who has worked across multiple industries and with senior leadership. She holds a bachelor’s in international affairs from Lafayette College and an MBA from Baruch.

Copyright 2020 Next Decade, Inc.

PS- Don’t forget to TAP into Trust!

For more information contact barbara@trustacrossamerica.com

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May
05


Robert, thank you for participating in our 2020 Trust Insights series. What is your trust insight?

“Trust is not a message; it’s an outcome – and trust may not even be the real issue.” Robert Phillips

 

 

 

Can you expand a bit on this timely insight?

For way too long, “trust” has been hijacked by communications consultancies and strategy firms, who see/ position the trust “issue” and how to address it as a function of what the organisations says, rather than what it does. They sell strategies and programmes accordingly.  Together with reliance on some dodgy data, this leads to a bogus and corrosive narrative around trust: often creating a false sense of (global) crisis. This masks more profound issues and challenges and many cultural and political nuances.

Organisations would do better by focusing on their own behaviours and on the real issues (including the climate emergency and tech disruption) that lead to better outcomes for employees, customers and stakeholders. Furthermore, trustworthiness is a more relevant construct than “trust”. Trustworthiness is a function of Honesty + Competence + Reliability + Good. It is undermined by self-interest, especially where such self-interest is not transparently declared.

 

Can you provide a real life example of a trust “challenge” where your insight has been effectively applied.

The Global Responsible Tax Project curated by Jericho Chambers for KPMG, has been running since 2014. Based on organising principles of activism, participation, accountability and dissent, it now hosts a community of 1700 experts, built peer-to-peer, from the Global North to Global South and across the political spectrum – including corporate leaders; advisors; politicians and policy-makers; activists, NGOs and campaigners; academics and experts; media and the commentariart. This global coalition has worked together to develop new policy ideas and recommendations – leading to more trust between all parties and better policy outcomes for the common good. It’s starting point was that any solution to global tax problems were better served by addressing the purpose of tax, than communications and lobbying around the issues, and that no-one has all the answers. Tax is trust, write large – as this article brings to life.

 

Generally, do you think the global “trust” climate is improving or worsening? What actions are making it better or worse?

IpsosMORI long-term veracity data would suggest that trust remains in a chronic condition. The so-called “crisis of trust” masks a more profound crisis of leadership – in business and in politics. A failure to address the leadership issue will only prolong and never resolve the current condition.

 

Many claim we have a crisis of trust. Do you agree?

No, although a recognition of the chronic condition (see above) is important, as is a determination to do something about it.

 

Robert, thank you so much for your time and more importantly for your commitment to elevating organizational trust. What would you like our audience to know about you?

Robert has been at the forefront of the UK Public Relations industry for three decades. His expert area is the relationship between communications, leadership and trust. 

Robert’s 2015 book Trust Me, PR is Dead was heralded by Management Today as “a game-changer for the future of communications”. His often-outspoken views have been described as “essential for anyone who wants to influence and persuade in the mid-21st century”. Since 2014, Robert has helped build coalitions across business, government and civil society on subjects ranging from Responsible Tax to the Future of Work; Adult Social Care to the Future of Transport; Infrastructure and Housing to the Built Environment. Robert advocates new operating principles based on activism, accountability, co-production and dissent.

Robert is Founder of Jericho Chambers and Visiting Professor at Cass Business School, City, University of London. He was formerly CEO, Europe, Middle East & Africa for Edelman – the world’s largest Public Relations firm – and Global Chair of its Future Strategies & Public Engagement Group. He co-founded JCPR in 1987 – described by PR Week as “the seminal consumer brands consultancy of the Nineties and Noughties” – which he sold to Edelman in 2004. Two of Robert’s campaigns, for Wonderbra and PlayStation, were included in the Top 20 PR Campaigns of All Time.

 

Before you leave, Tap Into Trust and complete our 1 minute/1 question quiz. Find out how the level of trust in your workplace compares to hundreds of others. 

Have you reviewed how our workshops are helping teams and organizations just like yours elevate trust? Schedule an ONLINE webinar today.

Did you miss our previous 2020 Trust Insights? Access them at this link.

Contact us for more information on elevating trust on your team or in your organization or email me directly: barbara@trustacrossamerica.com

Copyright 2020, Next Decade, Inc.

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Apr
07

Our new reality is teaching us so much about trust. Barbara Brooks Kimmel

This past Thursday, nine members of our Trust Alliance, from four countries, convened for the first in a series of weekly Zoom “Lunch and Learns.” The discussion topic was Trust Lessons from Coronavirus. The conversation ran the gamut from families to communities, and up the societal ladder to government and beyond.

 

 

Let’s begin with trust lessons for the family and work our way up from there.

The Family

The modern family operates differently than it did just a generation ago, when more mothers stayed home with their children. In my research I uncovered the following. As of 2018, 63% of all American families have two working parents. In 1989 the number was 53%. (US Bureau of Labor Statistics.) This represents close to a 19% increase. Suddenly, both parents are home, with many working remotely, and their kids are home too, with no school or childcare options. Certainly a shock and a “new reality” for many families. What does this have to do with trust? Just about everything.

Randy Conley of The Ken Blanchard Companies spoke about benevolence and compassion as not only the launch pad for building greater trust, but as the basis of the human fundamental connection. Working parents may want to consider using this “teaching” moment to build even stronger bonds with their children who will then have an improved “skill set” to build them with their friends, communities, teammates and beyond. Parents may consider taking some of these lessons back to their jobs when they return. This could translate into higher levels of workplace trust and more trustworthy generations in the future.

The Community

At the community level, Lea Brovedani is encouraged by how she sees people connecting, displaying tremendous empathy and generosity towards others by offering to help neighbors, joining together in fundraising for nurses and hospitals, and accepting “distancing” (and even washing hands) in the interests of protecting others. Both empathy and generosity build trust.

Darshan Kulkarni, our resident bioethicist, happens to live across the street from a hospital in a large US city. He is witnessing the virus first hand from his window. He urges everyone in every community to take time to separate fact from fiction to get a better “feel” for what is going on, and lessen fear and panic. Understanding that the political push and pull, and the day to day Fox vs. CNN reporting may hurt trust in the short term, it’s now up to communities to pull together to ensure that trust is not eroded over the long term.

The Workplace

David Belden, an organizational strategy consultant discussed how the coronavirus will permanently change the way we work. He reminded us that in many ways the 2008 financial crisis taught companies how to be more productive with fewer employees. Twelve years later and many people are accustomed to working remotely. Now, even more employees have joined those ranks. Will that continue post Coronavirus crisis? Will employers become more efficient? Will trust flourish as in-person micromanagement is no longer an option? Perhaps output increases when time clocks no longer need to be punched.

Will home based employees be more productive with less rules and restrictions? How about those organizations where remote teams have flourished for many years, using ever improving technology to enhance a new form of “teamwork” and efficiency? Has their forward-thinking strategy built a stronger foundation of trust, and a clear business advantage going forward? Because companies are now being given an opportunity to become even more efficient, will they share their wealth with their employees? This is the perfect time for leaders to demonstrate their support for their workers through their actions, not just their words. Think “Purpose” with a capital “P.”

From Canada, Natalie Doyle Oldfield reminded us of how trust builds business relationships, internally with employees and externally with customers and suppliers. At Trust Across America-Trust Around the World, we call that the trust “bank account.” Whether an entrepreneur, a small business owner or the CEO of a multinational company, the bigger that trust account pre crisis, the more stakeholders will remain loyal during the crisis, and the faster the post crisis recovery will be for business leaders who banked it.

Mark Donohue founder of LifeGuides presented another point of view expressing concerns that working from home will be isolating while social connections disintegrate. He shared that 43% of the US workforce currently works remotely (Gallup). Perhaps the time has come, or is past due, to redesign support systems that not only build trust between employers and employees, but also offer better benefits including counseling services during times of isolation and/or personal crisis.

Government

Our European members weighed in on the role government is playing in building or destroying trust. Olivia Mathijsen, a leadership and business advisor is at ground zero for Coronavirus, working remotely in Milan, Italy. She reminded us that different legislators have contrasting points of view, not all data is created equal, that cost cutting in the health sector has created some of the dissolution of trust, and that some media outlets are fueling mistrust by disseminating misinformation. But she sees a silver lining, and that’s compassion being shown and assistance offered not only between individuals, but also between countries, essential components for building societal trust that will hopefully continue post crisis.

Geert Vermeulen, an ethics and compliance expert reporting in from the Netherlands spoke of the shortages of critical supplies and regulatory constraints that have further taxed the system. But he also sees elevating levels of trust as individuals and companies work together to meet societal needs.

The last few minutes of the conversation turned to the shared GLOBAL level of accountability, empathy, compassion and benevolence that has been so apparent over the past several weeks. If we can maintain these basic human behaviors when the Coronavirus crisis subsides, societal trust will certainly be stronger.

In closing, David Belden pointed out that the Latinized form of the Greek word crisis (krisis) means turning point. Coronavirus is already moving the world in the direction of increasing empathy, compassion and benevolence. And as Mark Donohue concluded, the nature of trust is built on the “golden rule,” perhaps the most important reminder during these challenging times.

 

An abbreviated version of this article was published earlier this week on SmartBrief.

If you would like to participate in our upcoming “Lunch & Learns” join our Trust Alliance.

Before you leave, Tap Into Trust and complete our 1 minute/1 question quiz. Find out how the level of trust in your workplace compares to hundreds of others. 

Have you reviewed how our workshops are helping teams and organizations just like yours elevate trust? Schedule an ONLINE webinar today.

Did you miss our previous 2020 Trust Insights? Access them at this link.

Contact us for more information on elevating trust on your team or in your organization or email me directly: barbara@trustacrossamerica.com

Copyright 2020, Next Decade, Inc.

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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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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
13

Some leaders pretend that trust is high even with mounting crises, excessive turnover and low engagement.

Some rely on external metrics that provide a false perception of trust while internal trust continues to languish.

If leaders could poll their employees (in one minute) to identify trust weaknesses and strengths would they?

Yes, using our survey tool called AIM Towards Trust many already have.

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The chart below shows one of many survey results administered by Trust Across America-Trust Around the World.

What would your team or organization’s results look like?

 

Are the results surprising?

Test drive the survey at this link. See how your organization compares to over 300 others.

Many global leaders claim that “trust is the new currency.” If you agree, what is holding you back for evaluating the level of trust within your team or organization and starting a trust discussion?

Barbara Brooks Kimmel is the CEO and Cofounder of Trust Across America-Trust Around the World whose mission is to help organizations build trust using a proprietary diagnostic 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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Apr
01

Trust Across America has been writing about Wells Fargo and making public suggestions to leadership on how to fix the Bank’s low trust since 2016, apparently to no avail.

The recent “trust building” communications “horse and pony” show was predictably a huge and expensive fail.  Anyone with even a basic understanding of organizational trust knows that trust is internal and must be built from the inside out, not through a PR campaign. So now the sudden resignation of the current CEO comes as no surprise to us, nor does the appointment of the “interim” CEO who “by chance” happens to be a lawyer.

Over the weekend we asked members of our cross functional Trust Council to weigh in on the actions required to right what appears to be a sinking ship. We appreciate the thoughts of our Council members who took the time to weigh in.

Acknowledge trust as a hard asset: Do not assume that trust is a “soft skill” and do not attempt a fix via exclusive input from legal and compliance. Form a cross-silo team to attack low trust with the support of the “right” Board members, possibly necessitating some “reshuffling” at the highest level. In other words, clean house.

Make trust building the first priority: A foundation of trust must be built before culture can be fixed. 

Be accountable: Embrace responsibility and accountability and avoid the deadly Watergate sin of tip-toeing up to the line but not crossing it, perpetuating the sense of cover-up. You’ve got to own it—and then some.

Measure what matters: Assess the current level of stakeholder trust and use this baseline to begin attacking the weaknesses. What can be measured can be managed.

Practice and reinforce values: Saying or printing them is mere cant. You’ve got to propagandize them, talk about them in application to specific instances, hold leaders accountable for a quota of such applications.

Model humility: Place truth-telling ahead of personal or professional gain.

Be transparent: Reject hidden agendas and be transparent wherever and whenever possible.

Hire and fire: Nothing builds trust faster than firing and hiring people. Hire/fire/promote on visible demonstrations of the bank’s values. Cull out the middle managers who still think they can get away with hiding unethical behaviors. 

Erase fear: Drive out fear and ensure every voice is heard and every trust breach is fully investigated. “The absence of fear is the incubator of trust.” Reward moral character and reinforce candor.

Track performance:  Define and scorecard performance against both values and value.

Perhaps the most difficult question came yesterday when someone asked me “Who would want the job of CEO?” That’s a tough one. Hiring another banker may not even be the best solution as finance is not generally considered an industry to exhibit high trust behavior. Regardless, the hope is that whoever the brave soul is who steps in to take the position begins their tenure by first acknowledging that trust is internal and must be elevated from the inside out. Only then can the required culture work begin.

PS- CNN just (attempted to) weigh in on how the bank can end the crisis. They may want to go back to the drawing board and craft a followup article.

For more information and tools to elevate trust, head over to our website at www.trustacrossamerica.com

Copyright 2019 Next Decade, Inc.

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Mar
26

 

In a recent GreenBiz article the author asks  Is This the End of Corporate Social Responsibility? Apparently CSR doesn’t “cut it anymore” and companies are now turning to the creation of social purposes or missions as “the reason for the company’s existence.” Sounds promising except for that one “big elephant in the room.”  Can you name it?

 

 

Study after study show that low stakeholder trust continues to drag down most companies, even ten years “post financial crisis.”

  • Only 7 percent of Americans believe that major company CEOs have high ethical standards. Public Affairs Council
  • Only a minority of millennials believe businesses behave ethically. Deloitte
  • 85% of employees are not engaged or actively disengaged at work. Gallup
  • Just 46% of employees placed “a great deal of trust” in their employer, and only 49% placed “a great deal of trust” in their manager or colleagues. Ernst & Young
  • For the first time in the six years the gauge has been reported, the US has dropped out of the “Top 10” countries for innovation. Bloomberg

Developing social purpose and mission is NOT going to fix what is wrong inside organizations.  We call these “perception of trust” fixes as opposed to authentic trustworthiness. The first is built from the outside in, while the latter is a more difficult inside out endeavor.  Focusing on social purpose before trust is like putting a clean shirt on a dirty body. And other than an “easy fix” that gives marketing and PR something to talk about, it makes little sense.

When business leaders treat trust as a tangible asset and a business imperative, the following results are achieved:

  • Employees are more engaged and retention increases
  • Innovation is higher and occurs more quickly
  • Teams are more cohesive and decisions are made faster
  • Transparency and communication improve
  • Costs decrease and profitability increases

And the opposite occurs when they don’t, which is where most organizations find themselves today. A social purpose and mission will not fix low trust. It’s up to leadership to decide when (and if) they are ready to address the “elephant in the room.” Delaying it doesn’t fix it.

PS- Elevating trust is the best kept secret of many enlightened business leaders and it is giving them not only a head start, but a clear competitive advantage. For more information on how to build trust in your organization, please send a note to me at barbara@trustacrossamerica.com. We are running our trust diagnostic (AIM Towards Trust) for many teams and organizations and, depending on the results, providing further insights on how to fix the weaknesses.

Barbara Brooks Kimmel is the CEO and Cofounder 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. She holds a BA in International Affairs and an MBA. 

Copyright 2019, Next Decade, Inc.

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Mar
20

Are financial institutions inherently untrustworthy or is this a simple misconception? 

To answer this question we first must consider how “finance” and “trust” are being defined. Without universally accepted definitions, all financial institutions are painted with one broad brushstroke and consumers among other stakeholders, are left in an ever escalating state of mistrust and confusion. And when the “news” and the latest “study” report that trust in finance is up (or down) this only fuels the fire.

Trust? What are we trusting financial institutions to do, or not do? Safeguard our money, be transparent with fees, earn a good return for shareholders, protect our personal data, treat employees well, provide good customer service, or all of the aforementioned?

Finance? Can global investment banks, regional banks, brokerage firms, insurance companies, financial planners, REITS, and/or a local savings and loans be lumped together when discussing trust in finance? Should they be?

For nine years Trust Across America has been researching and reporting on the trustworthiness of America’s largest 2000 public companies via our proprietary FACTS® Framework. We perform this analysis through a quantitative and objective lens (with no input from the companies themselves)

 

This is, by order of magnitude, the largest ongoing study ever conducted on trustworthiness at the individual corporate level. Our 2018 data (Russell 1000 only displayed below) concluded that the finance sector remains the lowest in trust, with an average score of 57 on a 1-100 scale. (Down from 58 in 2017). This dataset was finalized in April 2018. It is updated every April.

 

Copyright 2019 Next Decade, Inc.

 

But what do these numbers really mean?

Our data also tells a more detailed story, and one that places us in a unique position to discuss trust AND the financial industry. Industry is NOT destiny and those more trustworthy financial institutions suffer at the hands of their less trustworthy colleagues. Take a look at this. Suddenly certain financial industry players look quite a bit better, while some look worse.

Copyright 2019 Next Decade, Inc.

 

 

And dissecting the data even further reveals the following:

 

                                                 Name            Symbol    Sector                        Industry                 FACTS Score

Copyright 2019 Next Decade, Inc.

 

Some of the major regional banks have high trust scores, while others do not. Again, industry is not destiny.

Trust in financial institutions isn’t necessarily “up” or “down.” That’s simply a news headline. At its core, trust is internal. It is a function of how much leadership cares about its corporate culture, and chooses to embrace the value of trust in meeting the needs of every stakeholder group. For those leaders who are interested in learning more about how to elevate trust internally, please Tap into Trust and take our sample one minute (customizable for any organization or team) quiz.

For all others, keep debating whether trust is “up or down.”

Barbara Brooks Kimmel is the CEO and Cofounder 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. She holds a BA in International Affairs and an MBA. 

Purchase our books at this link

For more information on Trust & Integrity in Corporate America purchase our 2018 report. To be among the first to review our research and more fully engage in elevating organizational trust, please consider membership in our vetted Trust Alliance.

 

Copyright 2019, Next Decade, Inc.

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