29 Ways to Build and Maintain Trust as a Leader Whitepaper Download.
Trust matters. And effective leaders know how to build and maintain trust to create higher performance. But the concept of trust can be difficult to pin down. What is trust and why is having trustworthy leaders important?
Why Trust Matters. Based upon over 500,000 employee engagement surveys per year, we know leaders who inspire trust garner better performance, engagement, retention, innovation, loyalty and revenue. We also know mistrust in leaders fosters skepticism, frustration, low productivity, lost sales and turnover.
Leaders who build and maintain trust create an environment with high levels of predictability, faith, accountability and authenticity. Trust, especially trust in leadership, is absolutely essential to a company’s everyday interactions and long-term goals. Our research has shown that clear communications, decisive actions and a healthy environment builds trust. To build a highly engaged – and trusting – workplace, master the:
Regular and transparent communication is essential to building trust in the workplace. When leaders are transparent, employees feel valued and important enough to be in the know. Actions build trust because they back up communications and promises with time and commitment. Your corporate culture is the final realization of a leader’s trustworthiness where trust is woven into the very fabric of the organization.
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