Archive

Posts Tagged ‘organizational trust’

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
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
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
29

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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 twenty-ninth essay brings advice from my friend Davia Temin. She is CEO of the boutique management consultancy Temin and Company, is a crisis and reputation advisor, product marketing and media strategist, and leadership, communications, and media coach operating at the Board and leadership levels. Temin and Company creates, enhances and saves reputations for global corporations, professional services firms, colleges and universities, and individual CEOs and Board Directors. www.teminandco.com.   Davia  is also a 2014 Top Thought Leader in Trustworthy Business and a member of the Alliance of Trustworthy Business Experts.

Boards in Crisis — Where Trust is Forged and Broken

There is no time more fraught for Boards than a time of crisis.

Should the Board intervene publicly or let management handle the situation? How should the Chair, the Executive Committee, and the entire Board govern the crisis: fingers out, thumbs in; scrutinizing every move; taking over; or at arms length?

The Board’s actions will, of course, dictate how the crisis will resolve: whether the company’s reputation for trustworthiness will grow or diminish in the aftermath.

All depends upon the crisis. If the crisis revolves around CEO succession, leadership breaches or malfeasance, tragedies, or major corporate events such as mergers or acquisitions, the board must be strongly present and occasionally visible. But, at those times, when passions are running high, there may be dissension on the Board.

Best advice: boards must develop their own robust crisis plans prior to any crisis. They must enumerate what kinds of actions will be taken for different issues: their crisis strategies and philosophies, the speed at which they will work, and who on the board will be designated to play first string, even if — especially if — the Chair or CEO is implicated in some way.

(See paper at this link) www.teminandcompany.com/thought-leadership/884-reputation-agenda-for-directors-a-20-point-plan-for-boards-to-address-reputational-risk#.U_-AgICwIp8

Reputation is becoming one of the top priorities of corporate boards. The best way to protect reputation, and trustworthiness, is to plan before any crisis hits, adjust strategies in real time to fit the specifics of a crisis, and then for the board to execute its plan fearlessly.

 

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.

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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Aug
26

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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 twenty-sixth essay brings advice from Edward Marshall, the President of The Marshall Group, Inc., a Chapel Hill, North Carolina collaborative leadership consulting firm that for 30 years has worked with senior leadership of Fortune 500 businesses to create collaborative leadership cultures that result in high trust and sustainable results. He has led over 150 engagements at companies like Marriott, Microsoft, Philips, and DuPont, work that has won awards and best practice designation. He developed The Collaborative Method(sm), a suite of leadership and culture change services. Edward has two business best-sellers, including Building Trust at the Speed of Change. He is also 2014 Top Thought Leaders in Trustworthy Business and members of the Alliance of Trustworthy Business Experts.

The Key to Trust in the C-Suite: Building Psychological Safety

Trust is the goal in any relationship, and it is the emotional capital sought after by business leaders. We cannot achieve much without it. It is hard to build, easy to lose, and once lost, hard to regain.

To build and sustain trust, organizational psychologists tell us, there must be psychological safety. This means freedom to speak one’s truth responsibly without fear of retribution. The NASA investigation of the Columbia crash found that a key reason for the failure was the fear scientists had to tell their truth to top leadership; it had disastrous consequences.

How do we create safety?

For individual leaders, it means self-awareness about how leadership behaviors impact others—trust or fear? It’s an awareness of one’s leadership style and philosophy, and how they affect the motivation of others.

For senior teams, safety requires confidentiality, candor, collaboration, mutual respect, and supporting each other, especially in adversity.

For organizations, it means an ownership strategy that engages the workforce, transparency and openness, rewarding team accomplishments, and recognizing the value and gifts of every individual.

The goal is to replace fear with trust as the organizational culture. The benefits will be found in increased morale, productivity, innovation, speed, agility, pride in the workplace, value to the customer, and sustained high performance.

Creating a trust-based workplace is not about leadership training, habits, or tools. It is a commitment from the inside out. It’s not always easy, but the view from the mountaintop is worth the climb.

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.

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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Aug
24

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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 twenty-fourth essay brings advice from Tom McCoy, Executive Vice President, General Counsel and Secretary at CH2M Hill. Tom is also the retired Executive Vice President, Legal Affairs, and Chief Administrative Officer of Advanced Micro Devices, Inc., where he served in leadership for 16 years.

Forward-Thinking Boards

Forward-thinking boards will commit to lighthouse leadership and rebuilding employee engagement and trust

The S&P 500 is up around $175%, but employee engagement languishes — and for good reason. Shareholders and option-laden directors and executives are winning while wage earners are losing and retirement security for most people continues to slip. Boards are buffeted by short-term investor pressure and remain absorbed in rear-view mirrors, activist investor gun sights and enterprise (and, understandably, personal) risk management. Leadership teams no longer trust the board to give them time and space to build long-term value and careers, and employees’ confidence in organizational and economic justice has not recovered from the impacts of a frightening recession. Yet, the business fundamentals have not changed.

A company cannot sustainably grow profitable market share and outperform its peers with employees who are not unified, inspired, growing and secure that the board of directors and the leadership team authentically care about their well- being, their potential and their communities. Without putting employees first, no company can out-innovate, out-engineer, out-think and out-hustle its competitors to delight customers and earn superior returns for shareholders. The nimble execution of strategy — and change — requires high trust, high integrity and high performance culture. History teaches, and contemporary politics confirm, that an enduring failure to balance smartly the power of capital and capitalists with the needs of employees and communities leads to populist pressure for policies and regulations that may serve no one very well in the long run.

Corporate Executive Board studies prove that employee perceptions of organizational justice explain 75% of their perception of integrity and competence of the board and the leadership team. E.g., Corporate Executive Board, Compliance and Ethics Leadership Council, Protecting a Culture of Integrity in a Downturn (2009). Today’s perceptions are largely poor. There is no better time in the fragile aftermath of the recession to refocus investment in the long-term high performance of human capital, the most valuable of all resources in the corporate treasury.

 

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.

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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Aug
22

TAA_R2_EDIT-CS3

 

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 twenty-second essay brings advice from Doug Turner who has spent over 30 years in procurement and contract management working on high-tech and aviation projects all over the world. He is now credentialed by the International Coach Federation, and has helped corporations achieve success in setting up new businesses, and winning very large business contracts through the development of strong trusting relationships with customers and suppliers. Doug has been a featured speaker and instructor with the Supply Chain Management Association of Canada and the International Association for Commercial and Contract Management (IACCM).  Doug is also a member of the Alliance of Trustworthy Business Experts.

Trust and Public Rewards

One of the key responsibilities of the CEO and C-Suite is to create and maintain the kind of culture needed to achieve the mission of the organization. To do this, they must articulate what is expected and then demonstrate what success looks like. In order for staff to trust and embrace what the leaders are saying, staff must see that the leaders are genuine and that they are believable.

To achieve this trust, leaders must pay close attention to the kind of behaviors that are seen to be, or perceived by staff to be, rewarded. Visibly rewarding examples of the requested behavior goes a long way to establish believability and remaining consistent over time helps to establish the integrity leaders must show to engender trust. (Covey, www.thespeedoftrust.com.) Leaders must not ask for one thing and then reward, or even be perceived to reward, something that is different and possibly inconsistent with what is requested.

If, for example, greater “creativity” is desired in the culture, executives must go to special lengths to publically acknowledge and reward staff who show exemplary imagination, whether their initiatives are ultimately successful or not. Results obtained through “tried and true” methods would therefore not be unduly acknowledged. Similarly, by visibly rewarding shining examples of “collaboration”, “high standards”, “customer focus”, or whatever else may be desired, the CEO will build that aspect into the culture as a result of enhanced levels of trust.

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.

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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