The difficult economic situation of the last couple of years has negatively impacted levels of trust. A recent study by Maritz research found that just 11% of employees surveyed had a strong degree of trust in their organization’s leaders. Even more alarming is that only 7% of the respondents said they had a strong degree of trust in their coworkers. It paints a picture of a “dog-eat-dog” world with everyone out to protect their own interests.
This presents a huge challenge for businesses today according to Randy Conley, Trust Practice Leader at The Ken Blanchard Companies. In the latest issue of Blanchard Ignite!, Conley explains, “Trust is at the foundation of all relationships—whether it is interpersonal or organizationally… leaders face the fallout from low trust through decreased performance and increased disciplinary issues, low morale, and increased turnover and absenteeism, just to name a few.”Conley reminds leaders that trust isn’t something…
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