The business case for trust is indisputable. As the chart below shows, for the past eleven years our Trust 200 Index, a diversified mix of the most trustworthy public companies has handsomely rewarded those who chose trust as a strategic imperative. This includes business leaders and their stakeholders, and also investors. Yet we seem to be stuck in a trust free fall across most societal institutions. Why is that?
It’s certainly not due to lack of interest in the subject of trust nor a shortage of those attempting to monetize trust. In fact, 2022 may have been a banner year for new trust initiatives. Many of the large advisory firms have boarded the trust train, yet their initiatives continue to skirt the two key challenges of trust building. What are they? Find out by reading my most recent article on Medium.
If you would like more information on the fixes described in the article, or would like to help build solutions please contact me.
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Barbara Brooks Kimmel is an author, speaker, product developer and global subject matter expert on trust and trustworthiness. Founder of Trust Across America-Trust Around the World she is author of the award-winning Trust Inc., Strategies for Building Your Company’s Most Valuable Asset, Trust Inc., 52 Weeks of Activities and Inspirations for Building Workplace Trust and Trust Inc., a Guide for Boards & C-Suites. She majored in International Affairs (Lafayette College), and has an MBA (Baruch- City University of NY). Her expertise on trust has been cited in Harvard Business Review, Investor’s Business Daily, Thomson Reuters, BBC Radio, The Conference Board, Global Finance Magazine, Bank Director and Forbes, among others.
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