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The High Value Of Trust In The Workplace

<p style&equals;"text-align&colon; justify">Every year&comma; businesses lose billions of dollars due to lack of trust&period; Theft&comma; dishonesty&comma; and poor performance have a devastating impact on commercial economies across the board&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">Warren Buffet has said&colon;  <em>&OpenCurlyDoubleQuote;Trust is like the air we breathe&period; When it’s present&comma; nobody really notices&period; But when it’s absent&comma; everybody notices&period;” <&sol;em><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">You know how it feels to trust someone but you may be challenged to define it&period; More than likely&comma; you can better explain why you <em>don’t <&sol;em>trust someone&comma; a colleague for example&period; This compelling video by Franklin Covey Speed of Trust&comma; High Cost of Low Trust&comma; shows just how much it costs when trust is absent in the workplace&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify">Sources of Mistrust<&sol;h2>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Lack of Integrity<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify"> Some people just aren’t honest&period; They lack credibility&period; They leave the building with office supplies&comma; make personal phone calls on company lines&comma; and visit their social networking accounts on company time&period; There will always be those who cheat&comma; steal&comma; cut corners&comma; and look for loopholes and other ways to beat the system&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Performance Deficits<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">Sometimes managers can’t trust their employees to accomplish the work&comma; especially if the employees lack KSAs &lpar;knowledge&comma; skills&comma; and abilities&rpar;&period; On the other hand&comma; sometimes the managers exhibit poor leadership and their employees don’t trust them to make sound decisions&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Diminished Morale<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify"> Trust is an issue when employees in the workplace feel misunderstood by management&period; Trust issues can arise when promotions are withheld and accolades are distributed unfairly or based on some political agenda&period; People find it hard to perform their best work when they don’t trust the system to compensate them fairly&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Making Assumptions<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">The office grapevine is a notorious source of assumptions and much of what is heard through the grapevine carries only a fine thread of truth&period; Yet this information can spread quickly and be taken at face value – because you trust the person who shared the information with you&period; You assume it to be true and feel free to share it with someone else you trust&period; In a very short time&comma; a long string of people who trust each other have shared misinformation&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify">How to Build Trust in the Workplace<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">An effective way to build trust in your organization is to ensure that your personnel receive the training they need to do their best work&period; Training is often one of the first line items cut in a budget crunch&comma; yet lack of training becomes a high&comma; indirect&comma; and perhaps even hidden cost down the road&period; Employees are forced to get more done with less resources&period; Organizations may fail to recognize that a self-directed learning curve&comma; with all its inherent errors and false starts&comma; can be more expensive than providing the training needed to do the job efficiently&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">Here are some areas of investment for your organizational training program&colon;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Leadership<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify">Ensure your leaders are confident in their abilities and transparent in their dealings with employees&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Interpersonal Communication<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify"> Make sure all members of your staff have a clear understanding of their job responsibilities and that they know how to talk with each other as well as listen to each other&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Team Building<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify"> Build dynamic teams of members who can work together and support each other through any organizational challenge&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify"><strong>Conflict Resolution<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify"> Train your staff to be able to settle confrontations&comma; deal with disagreements&comma; and resolve negative issues to achieve win-win results&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">Trust has incredible value in business&comma; and training in these four critical areas will help build the level of trust in your organization&period; The most important thing to remember is that trust in the workplace … begins with you&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify">Calvin Swartz is President and Founder of Progressive Success Corporation&comma; a management consultancy specializing in executive leadership coaching and soft skills training&period; Reach out to Cal at AskCal&commat;cox&period;net or &commat;AskCalS on Twitter&period;<&sol;p>&NewLine;

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