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Today we're going to talk about Trust.
In the news as the electorates across the world, Italy for example, recently changed government because the people were distrustful of their government. Malfeasance at the top, payments under table, promises made promises not kept. Same in the United States; Same for Brexit in the United Kingdom, why they're leaving the EU. So Trust made me want to do a little work.
I looked at an HBR study done last year that looked at companies in Brazil, China, Germany, India, the EU, US, and UK. 46% of the respondents globally said that they didn't trust their leaders, managers and organization. They had five reasons: 1) Inequity in pay and promotions; 2) They didn't find a collaborative environment; 3) They lack strong leadership, and they felt that left people unattended; 4) There was too much involuntary and voluntary turnover which caused a dysfunctional work environment; 5) They didn't know where they fit in the corporate strategy.
Trust is a subject that we all look at inside our family and friendships, organizations and countries.
Forbes magazine said last year that 82% of those who worked in organizations don't trust their boss, because they don't think they tell the truth, and all the five items that HBR mentioned. In fact, what was most interesting, a global survey highlighted that 65% of those respondents in the US said, they would rather have a better boss than a pay raise.
Now don't you think we all should make sure we keep our commitments and build trust in the organizations we're responsible for?Topics: Employee Engagement , In The Workplace (Podcast) , Leadership , NBO Podcast