Mutual Benefit, Respect, and Trust are the underpinnings of our cultural foundation at HPISolutions and have been for all of the almost 27 years we have been in business. Senior Strategic Partner, Charles Parnell, is focusing this week’s Power Idea on the idea of organizational trust. Without it, success is greatly impeded. We know you will benefit from Charles’ perspective on this important issue.
There is little doubt that leaders in organizations are focused on increasing performance, retaining superior talent and driving creativity and innovation. This invariably results in attaining their strategic goals. An underpinning of the foregoing is trust among organizational members. Trust is being open, honest and truthful with the people we interact with – on a consistent basis. It is earned over time. When you trust people, you have confidence in them – in integrity and their abilities. Trusting relationships between team members and their leaders give rise to the foundation for building a successful organization with higher levels of collaboration, increased creativity and risk-taking, more effective execution of business strategy, and increased commitment to loyalty to your organization. It’s clear that trust is critical to organizations that are committed to growing and remaining competitive.
Here are a few suggestions to build organizational trust for leaders
- Demonstrate competency in discharging your duties and being accountable for them.
- Develop and maintain open channels of communication – downward, lateral and upward. The communication must be clear and accurate.
- Keep people informed right away regarding issues that impact them.
- Establish a practice of being credible – honest, reliable, accurate and dependable. People will accept and believe you when you act as you committed.
- Develop and execute a plan for developing your team members. Adherence to this plan with the action steps is critical.
- Establish a culture that encourages team members to think creatively to solve problems without punishment for mistakes. Take this opportunity to assist them to grow.
- Demonstrate a concern for team members. This can manifest itself in: being available to them, genuinely accepting their ideas for organizational improvements, and executing a professional development plan.
Organizations are focused on building high-performance teams. There is an increased likelihood that these teams will attain the strategic goals they set. A critical underpinning and component that is essential for the success of these teams is trust. This can result in the organization providing quality products and delivering world-class customer service – and the speed that this takes place. Therefore, trust must be at the centerpiece of your organization – you must build and maintain it.