Trust

A Relationship of Trust

A Relationship of Trust

How do you determine who to trust? How much trust can you place in those around you, and how much can you trust them with?

A recent story chronicling the “re-education” of Mark Zuckerberg in the April 29th edition of Fortune provides a good example. With the fast paced growth of social media, apps and smart phones, Facebook needed an effective wireless strategy. This was the next big shift in technology, and if they missed it, the young company’s phenomenal successes could be short lived. Zuck, as he is commonly called by those in the business, turned to Mike Schroepfer his Chief Technology Officer, and Cory Ondrejka who was in charge of mobile engineering. Cory had co-founded Linden Lab which created the virtual world Second Life, and later started a tech company that Facebook recently purchased.  It was Cory who proposed not only restarting their current mobile efforts again from scratch, which would take precious time, but doing so in the midst of the much publicized IPO when investor scrutiny on their technology problems would be especially intense.

After much discussion Zuck approved that approach, even though as he said, it was against his instincts. According to the article, his decision paid off as Facebook launched a new iPhone app in August 2012that has received top ratings in the App Store. While it may be too early to determine the long term success of that decision, there’s great learning in the “process” of making it.

Man helping a woman up on a rockSo why would Zuck decide to trust the recommendation of these two men, even when it ran contrary to his normal approach and instincts?  Because he trusted them.  At that moment he made a conscious decision to place greater faith in their experience, analysis and resulting recommendation, than in his own. If they were wrong, he had more to lose than anyone else. The potential impact to his reputation and respect, his company, and his wealth could suffer a significant and possibly irretrievable blow.  But he knew that the current strategy wasn’t working, and he had to try something different, so he bought into it and exercised trust.


Active Trust

This type of trust in others is earned. Its an active verb, and it’s a choice. It comes as a result of several foundational elements.

Confidence – belief in their abilities and their motives, that they’re reliable and dependable.

Capability – they have expertise, past proven successes, and experience in a specific critical area.

Consistency – exhibiting the same behavior and communicating the same values repeatedly such that it’s easy to predict their responses.

Collaboration – willingness to work with others, exchange ideas and leverage the strengths of others in coming up with solutions to problems.

Confidentiality – using good judgment in communications with others, and ensuring that information is shared only as necessary with appropriate persons.

Now think of situations where you’ve placed a great deal of trust in someone else.

·        You trust your physician with your health.

·        You trust your business partner with your work.

·        You trust your financial planner with your investments.

·        You trust your spouse with your heart.

·        You trust your friends with your happiness.

·        You trust your work team with your ideas and strategies.

·        You trust your boss with your career.

And yet you retain a measure of control over these “trusting” relationships, balancing the right amount of confidence, capability, consistency, collaboration and confidentiality that you place in them, with what they provide in return. It’s a reciprocal relationship, reinforced or weakened by every action or counter-action. You can “remove” the trust at any time, almost immediately, whether for cause or for instinct.

Rock Climbing Trust

So how do you grow to trust someone? And how much are you willing to trust them? For any productivity to occur we must trust others, because we’re incapable of finding fulfillment, achieving our goals, or attaining significance in life without having trusting relationships. And at the same time, we must display these same characteristics so that others will place their trust in us. But your ability to trust others is based in part on your ability to trust yourself. It is based on your ability to demonstrate the 5Cs in the same manner that you want others to demonstrate it. So because Zuck is able to experience and exhibit confidence, capability, consistency, collaboration and confidentiality, he recognizes it and shares it with others.

I recognize that I’ll never be able to trust someone else in a certain area, unless I overcome my personal fears in that area.  For instance, I have no desire togo skydiving.  As someone eloquently said, why would I jump out of a perfectly good airplane? My fear of having only a parachute on me at ten thousand feet above ground has nothing to do with my trust in the instructor or the pilot. It has everything to do with ME.  And unless I deal with that fear, I’ll never learn to trust them.  Similarly, while I might step on a narrow boulder a few feet off the ground, I cannot imagine ever (did I say ever) rock climbing and stepping up on a boulder thousands of feet off the ground (see the picture).  I’m afraid of that height and don’t trust my ability to master such a feat. Before I perform either act, I’d first have to learn to trust myself and gain more confidence, capability and collaboration before I could trust others to help me do it.  The same is true in marriage relationships and business relationships.

So instead of examining others to determine if they’re worthy of our trust, we must first decide if we’re worthy of theirs. Do we display confidence, capability, consistency, collaboration and confidentiality? Do we behave in a manner that would make others want to trust us? Do we use those trusting behaviors to support others in their goals in a manner that creates a reciprocal relationship? I encourage you to practice these characteristics to build your relationships of trust.

Read the Fortune article by Jesse Hemphill here.

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Who’s the Customer

Who’s The Customer?

In these days of internet connectivity, companies have the technology to track your every move on the internet.  They know which websites you visit, how long you linger, and how many times you click through to another page for more information. They bury tracking devices to place ads in front of you based on the sites you visit, and send spam targeted to where they think your interests lie. Yes, they’re literally following you around collecting information to try to further influence your shopping habits. For stores where you have a physical shopping presence, they entice you with “loyalty” cards where you can get discounts or coupons on products, all based on your common purchases.  Instead of you, the customer Word Picture of Customer linked to 8 other wordsbeing king, you’re pressured by the businesses who expend a lot of resources to understand you.  (more…)

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Water and Trust – Priceless

Water and Trust – Priceless

What is your most valuable and powerful commodity? Many of you might say money, your home, or investments. As important as those are, I believe your most valuable commodity is water. This may surprise some of you, but think about it. If you live in America, you are rich in this natural resource because you generally have access to clean water, and use it constantly throughout the day.

I admittedly use water like I have an unlimited supply. I take wonderfully long hot showers, I run the water constantly while performing tasks like brushing my teeth or rinsing off dishes. I put small loads in the washing machine. During the summer I water my lawn at least every other day.  I buy bottled drinking water because I like the taste. I pay for all of this water usage, but the cost is easy to rationalize because of its importance to me. Yet, I take the availability of water for granted.

Over 70% of the earth’s surface is covered by water, however, millions of people in underdeveloped or war torn nations lack access to clean drinking water, and suffer from sickness and diseases as a result. Water is basic need and a common commodity throughout the entire world, but uneven supply and cultural differences in demand result in great variability in the cost of obtaining it.

IStockPhoto

Trust

Thinking about the value of water to the environment led me to focus on organizations as an entity or environment, and to ponder the most basic yet valuable thing needed to make them function. It occurred to me that trust is that fundamental element. Trust is the foundation upon which all positive relationships are built. Steven M. R. Covey, author of The Speed of Trust (2006,  CoveyLink, LLC) describes trust as a requirement for the credibility and empowerment of organizations, financial systems and human interactions.

Like water, we sometimes take trust for granted in how we communicate with our employees, our customers, our shareholders or our stakeholders. There are plenty of examples in the past decade of corporate CEOs and financial leaders who abused the trust of the people they served, and many paid for it with their jobs, their bank accounts, their freedom, or their health.  Organizational leaders may wrongly assume that their employees will remain loyal and inspired to put forth extra effort for the success of the team, in spite of failure to acknowledge the employees own needs.

Like water, we sometimes use trust as if there’s an unlimited supply, until one day we find ourselves in a crisis of short supply.  The cistern of trust, like a cistern of water, is depleted because it’s constantly being used without being replenished.

Like water, lack of trust may result in organizational sickness or malfunction. Low trust breeds insecurity, instability and incapability. Ultimately the inner glue that binds a team together dries up, and it falls apart.

Like water, trust is a basic human need. It’s used to build relationships and connections between people as a basis for accomplishing goals and objectives.

Like water, trust can be gained by gathering it. The steady consistent drip of a faucet will ultimately fill a bathtub. The steady consistent actions of leaders will build a reserve of trust.

Like water, trust is a precious commodity.  A certain amount of it must be saved and preserved for a drought or time of need.

Like water, that same pool of trust can quickly dissipate.  Strike a big hole in the side of a container of water and it splashes out onto the ground never to be gathered again. Similarly, a single significant despicable act can destroy trust forever.

Building A Reservoir of Trust

How do you build trust in your organization? Do you fully recognize its value and treat it as a priceless commodity, or do you take its existence for granted? Building trust requires the active demonstration of care and sincerity between people. It provides refreshment to the soul, and like water it lubricates and smoothes the rough patches in our daily interactions. Trust overlooks inadvertent slights and missteps. Trust looks for the good, and assumes the best. What’s the trust level in your organization?

Copyright 2011 Priscilla Archangel

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