“What you can’t measure, you can’t manage”
Harvard Business Review released its special winter issue "How To Build Trust" last winter. The issue focuses on one fundamental truth: trust is incredibly important, not only for companies but also for leaders and people.
High trust = success
Research is unequivocal. Studies show that high levels of trust within an organization correlate with increased engagement, better performance, and reduced employee turnover, which also directly correlates with higher revenue. Studies also shows that employees who trust their leaders exhibit greater engagement, stronger loyalty, and are more eager to contribute to the organization's success. Trust is the driver of positive business outcomes.
Despite this clear connection between trust and success, we see few companies actively measuring and working on trust within their organizations. This is where a change in approach is needed. Companies, particularly those striving to stay ahead in terms of development, must also lead the way in building and maintaining trust internally. A strong culture of trust can be the difference between a company that thrives through innovation and one that slows down and stagnates.
But how do you know if your company has high trust capital?
Now, you can measure the levels of trust within your organization with a tool that provides companies with a clear picture of internal trust. By measuring and analyzing trust, leaders can identify weaknesses and build stronger, more cohesive teams, which in turn leads to increased efficiency and reduced costs.
If trust is a crucial factor for successful leadership, why not find out what the trust level is in your organization? By integrating TrustScore into your operations, you gain a concrete measurement tool that provides invaluable insights and helps you build a culture where trust is a given. In the end, it is trust that will determine whether your company can continue to grow and prosper.
Great Leaders has worked with companies that all say the same thing - how important and effective trust is:
Marie Forsberg, COO at Learnifier:
"Implementing TrustScore in our organization has been an incredibly rewarding and challenging experience. It has been one of the most demanding tasks I've undertaken as a leader. The process required me to be open and vulnerable, to expose myself to judgment, and at the same time, to show courage. This led to personal and professional growth, and it was clear that the team appreciated our shared commitment to building trust. It became evident that trust is not just a concept we talk about, but a value we are all expected to live up to."
Do you want to know more about TrustScore - contact mattias@greatleaders.se
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