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Posts Tagged ‘Trust Inc. Strategies for Building Your Company’s Most Valuable Asset’

Sep
09

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Should Inlaws be Outlawed?  This was the title of a recent blog post written by my friend Erris Klapper. For those of you who may not know Erris, her blog is a well-written and thoughtful commentary, primarily focused on the trials and tribulations of baby boomers and their families, as well as coverage of other timely topics.

Erris believes that the two root causes of (in-law) contention are elevated levels of expectation and differences in upbringing.

Doesn’t the same apply to the Board/CEO relationship, leader/manager/employee relationship, or any relationship for that matter?

And like in-laws, in most business environments controversy could be avoided and trust could be built if time were invested early in the relationship to:

  • Explore common ground by discussing respective upbringing
  • Discuss goals and values
  • Map out a course for the future
  • Determine how disagreements will be handled.

Whether you are about to be married, or about to begin a new job or hire a new employee, invest the time to work through the four steps above. Building trust early in any relationship will pay off handsomely in the long-run.

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.

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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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Sep
08

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Companies talk about the importance of building customer loyalty and trust, but invariably a headline like this gets in the way:

Mimicking the Airlines Hotels Get Fee Happy

and the public quickly realizes that the “talk” is insincere and deceptive and the race to the bottom of the trust barrel continues.

Who in the C-Suite decided that the way to build trust with customers was to tack on extra charges wherever possible, or to mimic an industry (airlines) with historically low trust and lousy customer service, replete with bankruptcies and consolidations? Why did you choose the airlines as your role model?

Corporate culture is determined by the Board and the CEO. Weak leadership produces weak culture. Apparently the hotel industry has its fair share of both.

While you are racing to the bottom, why not inscribe your “values” on the lobby wall at corporate headquarters:

Our 5 Pillars of Business:

  • We have no long-term vision or leadership.
  • Our culture is simply to maximize short-term profit at all costs.
  • Our customers come last.
  • We will nickel and dime them at every turn.
  • We have no interest in building loyalty or trust.

I wish this article was a spoof, but it’s not. Where’s the trust? Where’s the love?

Fortunately, industry is not destiny. There are some great hotels who DO place customers first. If you are one of them, please email me at barbara@trustacrossamerica.com. I want to hear your story. I would love to blog about it.

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.

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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Sep
07

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In business, it’s easy to just show up.

  • Show up at a lunch
  • Show up at a conference
  • Show up at a meeting
  • Show up at a webinar
  • Pay your annual dues

And then leave….

The outcome of showing up is usually little ventured, and probably little gained. And then we move on to the next lunch, conference, meeting or webinar.

It’s much more difficult to be involved in the planning.

Because involvement in the planning requires a commitment:

  • Of time
  • Of thought
  • Of teamwork

But it’s the participation in the planning stage that builds the trust. In planning, we engage with others who are working towards a common goal…. a positive outcome. And this is how trust is built. And trustworthy relationships lead to new business. They also take time to develop.

It’s your choice. Maintain your independence, show up and then leave. Get involved in the planning and build trust. Make the investment and the payoff may surprise 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. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

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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Sep
06

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A recent conversation with Doug Turner, one of our Trust Alliance members, ended with him sharing this photo he had taken.

Don't Just Walk Away

 

 

 What a statement about society’s view of trust or distrust!

We all agree that society clearly requires trust in order to function. So who decided that signage like this was the “right” way to build that trust? What positive trust message is the reader of this sign expected to take away?

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.

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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Sep
05

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Ask most Americans which companies they trust and the same names will surface: Apple, Google, Amazon, and maybe even Walmart.

But when pressed as to why, the answer is usually something like this:

  • I trust Apple because they have innovative products.
  • I trust Google because their search feature is easy to use.
  • I trust Amazon to deliver my packages very quickly.
  • I trust Walmart to have the lowest prices.

So does this mean these companies should be trusted? Sounds more to me like we are talking about customer loyalty or brand loyalty and not so much about trust.

In fact, many would argue that these four are far from trustworthy.  Just ask Apple’s factory workers, Google’s privacy critics, Amazon’s publishers or Walmart’s suppliers what they think.

So let’s not generalize the word “trust.” If we are going to talk about it, we need to clarify what we really mean!

Earlier today I read the following article about how IBM can help Apple with its trust issues. It sheds a bit more light on the confusion between brand loyalty and trust.

And my friend Charlie Green recently wrote this blog post called If Trust Is So Far Down, How Come– which confirms the need to use the correct terminology.

What do you think? Do we have a definitional issue, and if so, how do we overcome it?

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.

PrintND Trust CEO cvr 140602-ft

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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Sep
04

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What’s that expression….”Kids say the darnedest things?” Well so do adults.

Lately, I’ve heard and seen some great examples of trust-busting comments and actions. They generally fall into one of these categories:

  • Bad-mouthing a coworker, colleague, competitor or better yet, your boss
  • Placing blame before all the facts have been gathered
  • Spinning the truth
  • Speaking with “big” meaningless words (psychobabble)
  • Crying wolf
  • Taking undeserved credit
  • Fast finger pointing
  • Pleading the “5th
  • Refusing to admit a mistake or apologize
  • Pulling a “disappearing act” or  playing the “silence” game.

How many times in the course of a day do you sound or appear untrustworthy? Learn to think before you speak, and consider the potential consequences of your actions.  These are quick, easy and simple ways to build trust.

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.

PrintND Trust CEO cvr 140602-ft

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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Sep
03

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“When a business that’s comfortable not having 100% market share happily recommends a competitor, they’re sending a signal about trust and confidence and most of all, about feeding the community first.” This is a quote from a recent Seth Godin blog post.

If you are an entrepreneur, small business owner or consultant interested in building trust, ask yourself these two questions:

Do I spend all of my time promoting myself only?

If your answer is “yes”, I can almost assure you that this strategy may work in the short-term, but will present serious challenges long-term. It  shows low self-confidence, an unwillingness to share and learn, and you will potentially bust trust with those you view (right or wrong) as competition.

Do I spend some of my time recommending others in my professional community who may have more targeted experience, resources or products, and will do a better job than I can?

If your answer is “yes,” you understand that trust is reciprocal and you are willing to take a “risk” that may pay off and lead to longer-term success. If we want to help ideas spread, if we want to change the world, we must do it together. Park your self-interest (along with your ego) at the door and try collaboration instead. The payoff may not be as quick and easy but the long-term rewards will be well worth it.

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.

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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Sep
01

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September is “Thoughtful Conversation” Month

 

according to Trust Across America’s

 

2014 Calendar

Your stakeholders need not know the company’s trade secrets, or what the CEO had for dinner, but if your company is serious about increasing trustworthiness, consider engaging all your stakeholders in rich, thoughtful conversations. View them as vital contributors to a better organization.

 

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

 

  • Week 1: Cooperation is the central mode of working, and mutual trust and true sustainability are our measures of success. Philip Mirvis, Organizational Psychologist
  • Week 2: The capacity of brands to build trust among stakeholders depends on a company’s ability to build an army of advocates. Brian Moriarty, Business Roundtable Institute for Corporate Ethics
  • Week 3: The level of organizational trust has a direct correlation with the top leader’s sincerity of purpose and values. Rajeev Peshawaria, The Iclif Leadership & Governance Centre, Malaysia
  • Week 4: The crisis of trust is a crisis of leadership Robert Phillips, Jericho Chambers
  • Week 5: We should always be moving to create high trust environments. Steven N. Pyser, JD, Temple University

Please share your comments and suggestions! Email: barbara@trustacrossamerica.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. In 2012 Barbara was named “One of 25 Women Changing the World” by Good Business International.

PrintND Trust CEO cvr 140602-ft

Copyright © 2014, Next Decade, Inc.

 

 

 

 

 

 

 

 

 

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Aug
31

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Late last year Trust Across America-Trust Around the World  published the first in a planned series of award-winning books.  TRUST INC., Strategies for Building Your Company’s Most Valuable Asset brings together the wisdom of 32 experts. Six months later we released our second book, Trust Inc. A Guide for Boards & C-SuitesIn this book, sixty experts have joined forces to offer 100 strategies.

Throughout the month of August, we will be featuring 31 essays from our second book. Each stands alone as an excellent resource in guiding Boards and C-Suites on driving a trust agenda at the highest level in the organization, and provides tools for those who choose to implement trust-building programs in their organization.

This final essay wraps up our series with a short piece that I wrote for this book.  For those interested in a brief bio, I am the  Co-founder and Executive Director of Trust Across America –Trust Around the World and editor of  the Trust Inc. series of books.  In 2012 I was named one of “25 Women who are Changing the World” by Good Business International. In a previous life, I worked as a consultant to McKinsey & Company, and for the past 20 years, I have owned an award-winning communications firm in the NY Metro area called Next Decade, Inc. I majored in International Affairs at Lafayette College and have an MBA from Baruch at the City University of New York. My proudest accomplishment is having raised two children with extraordinary character and values, who like many of their friends and classmates, represent hope for the next generation of business leaders.

Trust in Crisis: The Leader’s Formula

Crisis management has become a complex field, and for good reason. There is no shortage of them in communities, businesses and the government.   But those who choose to proactively lead with trust will find any reputation blow to be softer and speedier, and the recovery much easier.

First, let’s look at the central attributes of a crisis:

  • It has the potential to do significant reputational damage
  • It has the potential to hurt at least one group of stakeholders- consumers, shareholders, employees, community, etc.
  • It is unique and often unpredictable (although not always)
  • It is of interest to the media

Now let’s look at the 5 essential SHORT-TERM measures leaders must take as the crisis unfolds:

  1. In the first 24 hours communicate widely and communicate consistently
  2. Tell the truth
  3. Tell it accurately
  4. Tell it fully
  5. Tell it yourself

And the 5 essential LONG-TERM measures for those choosing to lead with trust:

  1. Accept responsibility
  2. Take long-term corrective action, not a short term band aid
  3. Address any systemic problems
  4. Rebuild broken bridges
  5. Continue to communicate openly

It’s not rocket science, but the missing ingredient is ALWAYS trust, and that’s what keeps the crisis consultants and specialists in business.

The “business case for trusthas been made. While cultural shifts take time, those who lead with trust will be rewarded with a long-term competitive edge, and an easier recovery when the next crisis happens.

This essay concludes our August series. I hope you have enjoyed this sneak peak into our second book. There are many more suggestions and advice in our TRUST INC. book series. If this brief look behind the door has been helpful, follow this link to order both of our books online.

And for those who want to catch up on earlier essays in the series, here’s what’s been covered this month:

August 1: There’s a Reason Why We Call Them Trustees explains why being an “absentee landlord” doesn’t work.

August 2: Kill the Evening Before Dinner and take a small group of front line employees to dinner instead.

August 3: In Head of Business- Hope for the World we introduce the Winston “V” Model.

August 4: Reputation vs. Trust and why leaders should care more about the latter.

August 5: C-Suite Must Speak With a V.O.I.C.E. of Trust, a new communications model.

August 6: It Ain’t What You Do (It’s the Way You Do It) discusses an organization’s core values and traits.

August 7: Superficial CEOs and Their Boards talks about the fiduciary responsibility of board members.

August 8: Headline: Be the Leaders Others Will Follow we learn about consistency between actions and words.

August 9: Towards a Mindset for Corporate Responsibility requiring a shift in mindset on the part of boards.

August 10: Warning: Don’t Drown in the Slogan Swamp explores the (mis)use of slogans in corporate America.

August 11: Trust in the Boardroom in creating competitive advantage.

August 12: Three Ways to Build Trust  and organization that are blind to the dialogue.

August 13: Lead from the Front explains why it’s important to remove the filters between leaders and employees.

August 14: Building Trust For Boards & C-Suites and why published scientific evidence is important.

August 15: (Trust) Communication & the Hiring Process discusses engaging employees in the decision.

August 16: CEO Tip: Trust Your Board as Your Ally emphasizes the importance of trusting partnerships.

August 17: The Culture is the Secret Sauce that must bubble down from the Boardroom to the Mailroom.

August 18: Trust & Strategy Thinking reminds us that it is hard to trust when you cannot relate.

August 19: Be Proactive About Trust & Integrity: just handling problems as they arise is not enough.

August 20: Trust Traps reminds us to ask the tough questions.

August 21: Trust Danger Signs and the need for synergy between the Board and Senior Managers.

August 22: Trust & Public Rewards reminds us to publicly acknowledge and reward staff.

August 23: The Cost of Mistrust and 8 ways to develop it.

August 24: Forward-Thinking Boards Build Trust and will commit to lighthouse leadership and employee engagement.

August 25: When Trust Breaks Down: 5 Steps You Can Take to rebuild it.

August 26: The Key To Trust in the C-Suite is safety, but how do we create it?

August 27: Lead With Integrity & Character reminds us to start with integrity.

August 28: Trust is Built Upon Shadows and you can cast your shadow and light over your team.

August 29: Boards in Crisis- Where Trust is Forged & Broken provides advice for managing crises proactively.

August 30: Leading for Trust: Let’s Get Real tells us to forget incentives, metrics and recognition programs.

PrintND Trust CEO cvr 140602-ft

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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Aug
30

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Late last year Trust Across America-Trust Around the World  published the first in a planned series of award-winning books.  TRUST INC., Strategies for Building Your Company’s Most Valuable Asset brings together the wisdom of 32 experts. Six months later we released our second book, Trust Inc. A Guide for Boards & C-SuitesIn this book, sixty experts have joined forces to offer 100 strategies.

Throughout the month of August, we will be featuring 31 essays from our second book. Each stands alone as an excellent resource in guiding Boards and C-Suites on driving a trust agenda at the highest level in the organization, and provides tools for those who choose to implement trust-building programs in their organization.

This thirtieth essay brings advice from Charles H. Green, an author, speaker and world expert on trust-based relationships and sales in complex businesses. Founder and CEO of Trusted Advisor Associateshe is co-author of the classic The Trusted Advisor and its practical follow-up, The Trusted Advisor Fieldbookand author of Trust-based SellingCharles works with complex organizations to improve trust in sales, internal trust between organizations, and trusted advisor relationships with external clients and customers. He is also a 2014 Top Thought Leader in Trustworthy Business , a member of the Alliance of Trustworthy Business Experts , and serves on Trust Across America’s Steering Committee.

Leading for Trust: Let’s Get Real

Forget incentives, metrics and recognition programs. This is trust you’re talking about – you don’t get there by sprinkling cheese to encourage mice to get through a maze, or by checking boxes for legal compliance.

There is only one thing that will build trust into your organization’s DNA, and there are four steps to get you there. That thing is values based leadership. The steps are:

  1. Articulate precisely the several trust-related values you will insist on
  2. Connect frequently the values to specific instances where they should be applied
  3. Role-model yourself those values wherever possible
  4. Sanction or fire those who violate the values of the organization.

Why is values-based leadership so critical to establishing organizational trust? Because trust itself is a value. We don’t trust those who just mechanically execute behaviors. We don’t trust those who just see trust as a hook to make money. And we don’t trust those who are motivated by extrinsic rewards.

We trust those who are personally trustworthy, and who have the courage and the judgment to trust us in turn. We trust those for whom trust is a value, not a means to an end. And paradoxically, those people end up achieving more ends anyway.

 

I hope you have enjoyed this next sneak peak into our second book. If this brief look behind the door has been helpful, follow this link to order both of our books online.

And for those who want to catch up on the series, a quick reference on what’s been covered so far this month:

August 1: There’s a Reason Why We Call Them Trustees explains why being an “absentee landlord” doesn’t work.

August 2: Kill the Evening Before Dinner and take a small group of front line employees to dinner instead.

August 3: In Head of Business- Hope for the World we introduce the Winston “V” Model.

August 4: Reputation vs. Trust and why leaders should care more about the latter.

August 5: C-Suite Must Speak With a V.O.I.C.E. of Trust, a new communications model.

August 6: It Ain’t What You Do (It’s the Way You Do It) discusses an organization’s core values and traits.

August 7: Superficial CEOs and Their Boards talks about the fiduciary responsibility of board members.

August 8: Headline: Be the Leaders Others Will Follow we learn about consistency between actions and words.

August 9: Towards a Mindset for Corporate Responsibility requiring a shift in mindset on the part of boards.

August 10: Warning: Don’t Drown in the Slogan Swamp explores the (mis)use of slogans in corporate America.

August 11: Trust in the Boardroom in creating competitive advantage.

August 12: Three Ways to Build Trust  and organization that are blind to the dialogue.

August 13: Lead from the Front explains why it’s important to remove the filters between leaders and employees.

August 14: Building Trust For Boards & C-Suites and why published scientific evidence is important.

August 15: (Trust) Communication & the Hiring Process discusses engaging employees in the decision.

August 16: CEO Tip: Trust Your Board as Your Ally emphasizes the importance of trusting partnerships.

August 17: The Culture is the Secret Sauce that must bubble down from the Boardroom to the Mailroom.

August 18: Trust & Strategy Thinking reminds us that it is hard to trust when you cannot relate.

August 19: Be Proactive About Trust & Integrity: just handling problems as they arise is not enough.

August 20: Trust Traps reminds us to ask the tough questions.

August 21: Trust Danger Signs and the need for synergy between the Board and Senior Managers.

August 22: Trust & Public Rewards reminds us to publicly acknowledge and reward staff.

August 23: The Cost of Mistrust and 8 ways to develop it.

August 24: Forward-Thinking Boards Build Trust and will commit to lighthouse leadership and employee engagement.

August 25: When Trust Breaks Down: 5 Steps You Can Take to rebuild it.

August 26: The Key To Trust in the C-Suite is safety, but how do we create it?

August 27: Lead With Integrity & Character reminds us to start with integrity.

August 28: Trust is Built Upon Shadows and you can cast your shadow and light over your team.

August 29: Boards in Crisis- Where Trust is Forged & Broken provides advice for managing crises proactively.

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.

PrintND Trust CEO cvr 140602-ft

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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