Management Information

Building Trust in Your Business Relationships - 10 Steps


There are some simple things you can do with your people to ensure that they start to trust you. As a letter from Mike Emmott of the Chartered Institute of Personnel and Development in the UK says, in April 2005's UK Management Today says:-

"Our surveys show that only one in four employees trust senior management to look after their interests"
Is that not appalling? How on earth can businesses develop, survive and above all hang onto their best people if they are seen to be untrustworthy?

It's horrible.

There is an article below which talks a little about 'Rapport Building', but to supplement that, here are Ten Steps to help you build trust with your people.

  • Keep Your Promises
    If you can't keep a promise, then don't make it in the first place - it is a big negative emotion being let down in this way.

  • Never Tell Lies
    Why would you? And if you have to, it's much, much more about you. Your people will really lose faith in you fast.

  • Keep Confidences
    Sometimes people will tell you things that they don't want broadcast - they need you to hear them sometimes. But keep it to yourself. Do not be the instigator of gossip and rumour.

  • Communicate as Fully as Possible
    Keep as little from your people as you can. Communicate as openly as possible. Sometimes you have to hold some information back - it happens, but think really carefully about it.

  • Have No Favourites
    Treat all of your people equally and show no favourites. I know this is tough - I found it tough, but it needs to be right. Have agreed principles and standards that everyone works to - sorry, but no exceptions.

  • Challenge the Behaviour - Not the Person
    People make mistakes, do things wrong and need to be told. It's the thing they did, not the person they are. "You're useless", is not a good way to build trust, but, "That wasn't what I would expect of you usually, tell me more about what happened", works better.

  • Follow Through
    If you say you are going to do something. Do it! Your people will love that you do what you say (or apologise at least if you find you can't). And it sets a great example.

  • Listen Attentively
    There's a whole piece about this, but safe to say if you don't pay attention to people fully, they will not trust you. It's rude and it diminishes the relationship.

  • Forgive Mistakes
    Be generous. It is a value-creating action. People hate to get things wrong - they expect a 'bollocking' (as they say!). Help them with a learning from the mistake. "What might you do next time?", is far more valuable.

  • Don't Talk Behind Backs
    If you do this with anyone, they will always wonder what you say about them when they aren't there - and what are they saying about you - it's a bad habit.

    Building trust is vital if you, your people and your business are going to excel. Working on it is just a discipline. These points will help you.

    Copyright 2005 Martin Haworth is a Business and Management Coach. He works worldwide, mainly by phone, with small business owners, managers and corporate leaders. He has hundreds of hints, tips and ideas at his website, http://www.coaching-businesses-to-success.com. (Note to editors. Feel free to use this article, wherever you think it might be of value - it would be good if you could include a live link)

    ...helping you, to help your people, to help your business grow...


    MORE RESOURCES:

    MiamiHerald.com

    Risk Management Needed for Energy Loan Guarantees, Report Says
    Bloomberg
    Potential losses from US energy loan programs are likely to be less than projected by the White House and Congress, according to an independent analysis that Democrats said validated support for clean-energy innovation. The Obama administration ordered ...
    DOE needs better risk managementiWatch News
    Post-Solyndra review urges better energy loan managementThe Hill (blog)

    all 268 news articles »


    Globe and Mail

    Apollo Global Management assets lift off in 2011, up 11%
    Pensions & Investments
    By Arleen Jacobius Apollo Global Management on Friday reported $75.3 billion in assets under management as of Dec 31, up 11% from a year earlier, according to the alternative investment firm's earnings report. Apollo Global had $35.4 billion in private ...
    Apollo Global Management, LLC Reports Financial Results for the Fourth Quarter ...MarketWatch (press release)
    Financial Briefing BookWall Street Journal
    Apollo Fourth-Quarter Profit Falls 66% on Market SwingsBusinessWeek
    Reuters
    all 48 news articles »


    Business Insider

    List Of Pepsi Managers Who Have Left The Company
    Business Insider
    It's not news that PepsiCo has suffered a lot of management churn in the last few years, and that sales of some brands have been hurt as the company has lost its focus. But it's not until you see the list of senior brand management names who have ...
    PepsiCo to Cut 8700 Jobs, Reduce Management Layers in Global Productivity DriveIndustryWeek
    PepsiCo Announces Strategic Investments to Drive GrowthMarketWatch (press release)
    PepsiCo Cuts Jobs, Plans Culture ChangeFINS

    all 590 news articles »


    Kansas City Star

    Vietnam Premier Urges Land Management Review, Citing Transaction Mistakes
    Bloomberg
    Vietnamese Prime Minister Nguyen Tan Dung has asked for a nationwide review of land management procedures and said local authorities made mistakes in a land acquisition case in the northern port city of Haiphong, according to a statement on the ...
    Forced Eviction 'Illegal'Radio Free Asia

    all 126 news articles »


    Carrington Capital Management, American Home Mortgage Servicing Announce ...
    MarketWatch (press release)
    Resolution of Carrington Asset Holding, LLC, ET Al. Plaintiffs, v. American Home Mortgage Servicing, Inc., Defendant SANTA ANA, CA, Feb 10, 2012 (MARKETWIRE via COMTEX) -- Carrington Capital Management, LLC ("Carrington"), a subsidiary of Carrington ...

    and more »


    Advanced task managers on iOS
    CNET (blog)
    by Jason Parker February 10, 2012 12:00 PM PST Follow @jparkerCNET There must be hundreds, if not thousands, of to-do-list management apps in the iTunes App Store, but which one should you choose? I found a couple of new task management apps recently ...

    and more »


    Spend Management Experts Wins Supply & Demand Chain Executive Award
    MarketWatch (press release)
    ATLANTA, GA, Feb 10, 2012 (MARKETWIRE via COMTEX) -- Spend Management Experts today announced that founder and CEO John Haber has received the Supply & Demand Chain Executive's 2012 "Pros to Know" award in the provider category.

    and more »


    Ariz. tribe votes to take over Skywalk management
    CBS News
    A tribal spokesman says the Tribal Council voted Feb.7, 2012 to sever a contract with Las Vegas developer David Jin and take over management of the Skywalk. (AP Photo/The Arizona Republic, Rob Schumacher, File) MARICOPA COUNTY OUT; MAGS OUT; ...

    and more »


    Schultze Asset Management Founder George Schultze Delivers Key Comments in ...
    MarketWatch (press release)
    10, 2012 /PRNewswire via COMTEX/ -- George Schultze, Founder and Managing Member of Schultze Asset Management, LLC ("SAM"), was a key speaker today in Harvard Business School's Creating Value Through Corporate Restructuring course taught by Professor ...

    and more »


    Waste Management Employee Who Works Tirelessly to Save Dogs Receives Top ...
    MarketWatch (press release)
    10, 2012 /PRNewswire via COMTEX/ -- As part of its annual recognition of community service, Waste Management of Michigan/Ohio has selected Deanna West of Lake Orion, Michigan to receive its most prestigious community award as "Volunteer of the Year" ...

    and more »

    Google News

  • home | site map
    © 2006