Trust in Business 2011
Trust in Business 2011
Our 2011 Building Trust in Business research survey measures critical indicators for trust, leadership, and collaboration — pointing to how high-performing companies achieve key business results by emphasizing all three.
The 2011 survey of nearly 200 business leaders represents the third year that Interaction Associates has explored the formula for success at high performing companies.
Our Building Trust survey holds a key surprise this year around trust. Even as trust in peers has turned around in the past year – with more employees saying they share and collaborate more easily with colleagues – they’ve grown more wary and distrustful of leaders.
In the 2011 survey, most respondents view their companies as strong financially and solid for continued survival — with survey results indicating that employees see both leadership and collaboration as strong in their organizations. But the implications for leaders and the path forward to establishing greater trust are important, especially as the economy strengthens and options for changing jobs in a stronger economy appeal to more employees.
The survey results indicate employees want more transparency into decisions and more involvement in the decisions that affect them. What’s more, leaders are often faulted in the survey for not linking employee goals to overall corporate performance; power sharing through delegation is weak, risk-taking not supported, and feedback to employees is lagging. There is a strong message for leaders in these findings.
Published on 07/12/11 01:11 PM
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Curtis - Fri, 2011-07-22 17:52
Thanks, Andy. Interesting to look at some of the thoughts of John Hagel on this topic. His claim is that leadership continues to fail to make the paradigmatic shift of embracing vulnerability as the key to building trust in this new uncertain era. Seems that old guard leadership and a heck of a lot of masculine energy continues to pretend that it knows the answers, rather than admitting that it is in over its head. This resonates for me. We're seeing more of a recognition of this in the nonprofit sector, where perhaps the overriding complexity of the issues organizations are facing is creating greater humility. Check out Hagel's post - http://edgeperspectives.typepad.com/edge_perspectives/2011/06/resolving-....
Curtis