What Trust Is

5 Types of Trust


 

Trust is increasingly recognized as an essential element of successful personal relationships, effective teamwork, and large-scale commercial relationships. The amount citizens of one country trust the residents of another has even been shown to correlate with the amount of trade between the countries.

Evaluating the level of trust in a relationship is an often evaded and sometimes sensitive task. My work coaching top executives and facilitating work groups has taught me that the “trust topic” is much easier to discuss once we realize that trust has at least five constitutive components. Examining each aspect of trust, one by one, leads us to better judgments and more fruitful conversations.

  1. Sincerity
  2.  

  3. Capacity
  4.  

  5. Competence
  6.  

  7. Consistency
  8.  

  9. Care

When we say that we trust or mistrust a person it means that we have evaluated their:

1. Sincerity — Does what the person says match their internal conversation? Are they telling us what they honestly believe and truly intend? Once a person establishes a reputation for (more…)

Meditation for empathy and insight

Rick Hanson, Ph.D.…integrating thinking and feeling is a desirable mental state, but many people have a hard time reasoning clearly when they’re upset, or bringing emotion into conceptual activities like planning.

Researchers have recently found that the anterior cingulate cortex (ACC) is very involved with weaving thought and feeling together. They’ve also shown that the conscious control of attention is centered in the ACC, which is measurably strengthened by activities that train attention such as meditation. In another example, studies have shown that tuning into the emotional states of others–a central component of empathy–depends on the activity of the insula. The insula also handles interoception, the sensing of the internal state of the body, so mental activities such as sensory awareness activate and eventually thicken the insula, and thereby increase empathy.

In effect, investigators have found that a method used for one purpose (meditation, or sensory awareness) can stimulate and strengthen brain regions that are also involved with another purpose (integrating thinking and feeling, or empathy).

Rick Hanson, Ph.D. is a clinical psychologist, author, and teacher with
a great interest in the intersection of psychology, neurology, and Buddhism.

He has written and taught extensively about the essential inner skills of personal well-being,psychological growth, and contemplative practice–as well as about relationships,family life, and raising children. A summa cum laude graduate of UCLA,Rick did management consulting before earning his Ph.D.






See free, easy Meditation Instructions on this blog.



Meditation for Managers video


 

How to Conduct a “Customer Listening Session”

From the moment I could talk,
I was told that I should listen.

–Cat Stevens
Father and Son



 

Not listening to your customers?I assume that you already know and do not need to be convinced that:

  • Your most profitable sales and easiest growth come from existing clients.1
  • Unhappy customers are 5-20 times more likely to tell others about their bad experience than satisfied customers are to spread good news.2

A simple, high-return method of learning from your happy and unhappy customers, of knowing your customers better while making them more loyal to you is to listen to them. Customers are people and people love being listened to.


If you listen closely enough, your customers will explain your business to you.

Peter Schutz
Porsche CEO
1981-1987


There are many ways to do this. I hope your (more…)

Prompt, Precise Performance Reviews

 


 

Just Ask LeadershipJust Ask Leadership: Why Great Managers Always Ask the Right Questions

Excerpted, by Art Kleiner in Strategy+Business, from chapter 2

Here’s how the process works. The day before meeting, your coworker brings you a list of five or six key objectives, detailing her progress on each. During the review on the following day, you simply assess the data and discuss how performance compares with objectives. Depending on the employee, this can be a short thirty-minute process, or take as long as two hours. [If you do this weekly or every day, as you might on a tight deadline or vital project, the meeting might last ten minutes. –Tony]

When an employee comes into your office, she should always bring a pen and paper and be required to take detailed minutes of the meeting. Once the meeting is over, the employee should make a photocopy of the minutes for your file. [This is a bit dated! Have the employee email a summary. For high value employees, use a (more…)

SunGard CEO practices what I preach

 


 

 Cristóbal CondeI was thrilled to read in today’s New York Times the comments of $5B SunGard’s CEO, Cristóbal Conde. He shifted his management style several years ago after reaching the limits of the very methods that had brought him near the top.

Early on, I was very command-and-control, very top-down. I felt I was smart, and that my decisions would be better. I was young, and I was willing to work 20 hours a day. But guess what? It (more…)

Bottom-up Leadership Works

All the best companies have bottom-up management. That means those staff who actually meet customers, or run operations, tell the boss what works, rather than vice versa. It means delegating responsibility in order to empower staff. Imperious, dictatorial leaders who are out of touch with the shop floor do not achieve sustained success.

–Luke Johnson
Chairman of Channel 4 and Risk Capital Partners
in The Financial Times

 


 

See also, The Illusion of Control

 


 

Self-Inflicted Wounds

 


 

Dan Wertenberg

Business owners all seem to be very busy and over-worked. For most of them, the reason is that most of what they are doing is just creating more things that have to be done, instead of making the business more successful.

Want more time to relax? Stop trying to fix everything.

Dan Wertenberg
Serial CEO and Vistage Speaker
(Paraphrased.)

 


 

The human immune system is a wondrous mechanism. It detects and destroys invading bacteria, viruses, and debris. It is vigilant 24×7 and extends into every tiny and obscure part of our body. Our immune system is adaptable to changing threats because it learns from and emerges stronger from many infections. A fantastic model for an executive to learn from as she designs monitoring and control systems in a business.

The immune system has a flaw that may also be instructive for managers. It can (more…)

Similarities of Soldiering and Selling


 

On Killing:
The Psychological Cost of
Learning to Kill in War and Society

by Dave Grossman

 

Capsule Review

I read this book and I review it here not because of any particular interest in sanctioned killing, rather because of my interest in institutional means of getting people to do difficult yet important tasks. I train salespeople and other business leaders.

I first heard the author, Dave Grossman, on a radio interview promoting this book. I heard him say that that in the history of combat from Alexander the Great through World War II only about 15% of soldiers in battle were trying to kill the enemy. He’s not talking about the long administrative and logistical tail of the army. Only 15-20% of the people with guns or swords in their hands, who were facing a threatening enemy, were willing to kill that enemy. I know this is hard to believe. I first heard this statistic from a pacifist and I called him a liar. Then I heard it from this author, a former US Army Colonel and military historian, who references the research of the US Army’s official W.W.II historian as well as many other scholars.

(more…)

Coaching Increases Leader’s Charisma

OD Practitioner

Organizational coaching has been found to positively affect leadership, increasing charismatic behaviors and the ability to inspire and impact followers.1 The results of a study done by the Corporate Leadership Council2 indicate that executive coaching helps improve management capabilities in experimenting with new approaches, shifting to an enabling style of managing, successfully dealing with difficult performance and team issues, and freeing up time for strategic thinking through more effective delegating.

–Bennett & Bush
Coaching in Organizations
OD Practitioner

 




1Kampa-Kokesch, S. (2002). Executive coaching as an individually tailored consultation intervention: Does it increase leadership? Dissertation Abstracts International, 62(7), 3408.

2Corporate Leadership Council Report. (2003, May). Maximizing returns on professional executive coaching (Catalog Number CLC1X8YD2) Washington, DC: Author.



Creative Conflict

 


 

I heard one CEO executive coaching client summarize the tremendous value of his coach’s listening and probing by saying, “This is where I come to get my answers questioned.” Top executives, especially those operating in a strong corporate culture, can find themselves in an echo chamber where everyone seems to be saying the same thing, thereby confusing their mutual agreement with reality. It is the most “obvious” assumptions that most severely constrict our thinking.

Alfred P. Sloan

Gentlemen, I take it we are all in complete agreement on the decision here,” he started, and everyone nodded their heads in agreement. “Then,” he went on, “I propose we postpone further discussion of this matter until the next meeting to give ourselves time to develop disagreement, and perhaps gain some understanding of what the decision is all about.”

–Alfred Sloan
GM 1923-1956

 


 

Tony Mayo
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