Trust - The Performance Multiplier

Yesterday I had the pleasure of joining 40 of our clients in Oklahoma for an executive overview titled, Creating a Culture of Trust.  Our Regional Speed of Trust Practice Leader, Donna Burnette, explained to these leaders how trust directly impacts speed and cost inside a team or organization.

Based on the best-selling book, The Speed of Trust, by Stephen M.R. Covey, Donna explained, if trust is low in your organization, it works like a tax.  It costs your organization more money to do the same type of work that high-trust organizations don’t have to pay.  When trust is high, it works like a dividend.  It speeds up everything your organization is working on which ultimately helps increase your bottom line. See the photos below for the formula explanation.

Trust is the performance multiplier in your organization.  Donna further explained how Trust directly affects employee engagement, the success of a merger, partnering with stakeholders, innovation within teams and more.

Trust is the key leadership competency needed today!  If your team is not performing at optimal levels, consider learning more about our Speed of Trust Process.  Seats are still available for our next executive overview on September 18^th in Dallas.  Contact me for details.

Increasing trust one organization at a time,

John R. Vakidis