A report by Interaction Associates in 2015 indicated that a paltry 40% of employees had enough trust in their management and organisation. Lack of trust between employees and their employers could be the reason many companies are perpetually stuttering.
Trust is an essential ingredient of success both in and out of the workplace. It makes all workflow more productive. Here’s an interesting article about productivity: How To Be More Productive In Your Workplace (And Everywhere Else)
Here is how you can use trust to accelerate your success:
1. Trust builds strong relationships
You will never be able to experience success in isolation. You need people to help you accomplish your goals. To create meaningful relationships with people, you need to establish a level of trust. You have to entrust them with your property, business or premises. They may then reciprocate by remaining faithful and loyal to you. You will meet goals because others are helping to thrust you into that direction.
2. Trust improves performance in organisations
If you are heading a firm that doesn’t seem to be moving in the right direction, the first thing to check is the trust levels. Your employees will work better and will be more committed to the goals of your company if you can get them to operate on the degree of trust.
Trust them to meet deadlines, keep accurate records, report to work on time, and they won’t disappoint you.
3. Shaping behaviour
Trust builds positive behaviour – just what you need to succeed. You may have noticed that people tend to play by the rules if they don’t have to look over their shoulders all the time. The bookkeeper will strive to maintain accurate records all the time if they don’t see you poring over every bit of the records when they are done.
4. Boosts accountability
Trust and accountability go hand in hand. Your employees will take responsibility for their actions if they trust that you will understand them. O the other hand, if people can trust you, it means you are accountable for whatever you do.
Everybody feels good when they learn that they have your trust, and this will drive them into striving to maintain the trust by accounting for every action and a decision they make.
5. Cutting down on possible disagreements
If anything has the potential to ruin relationships both at the workplace and at home, it is disagreements. One way of inhibiting the possibilities of constant conflicts is by creating trust among all parties. If you can handle your employees, fellow workmates, family members and friends without friction, then you are likely to succeed.
6. Trust enhances self-esteem
Nothing can potentially thrust you on to the path to success more than self-esteem. Low self-esteem means you will be afraid to make decisions or certain courses of action because you don’t trust your judgment. Consequently, experiencing success may be quite challenging.
On the other hand, trusting our abilities inspires us into taking effective actions, such as investing in the stock market, which can result into huge payoffs. Trusting your employees will also pump up their self-confidence, resulting in more positive outcomes than before.
7. Trust builds efficient leadership skills
A good leader is one who trusts and can be trusted by others. If you are heading an organisation, you should build trust in your team so as to inspire it towards the set goals. The modern workplace is currently tackling the challenge of employee engagement. You can solve such a problem by extolling the value of trust in your team. If you expect others to trust you, you have to show the way by trusting them first.
8. Enhancing corporate culture
The first step towards improving the business culture of your organisation is trust. If you can manage to keep your team of employees together by trust rather than remuneration, you are likely to experience great success. As you inculcate other values, such as accountability and commitment, remember to infuse a level of trust in the organisation. It is one way of ensuring you have a conducive working environment.
9. Trust builds an efficient human resource team
Wondering how to improve the effectiveness of your human resource team? Nothing can be more powerful in seizing new opportunities and overcoming challenges than trust between people working together. To create a high-performance team, let your employees appreciate the need to trust each other, as well as their superiors.
Trust is an essential component of success. It does not only shape behaviour but also inspires accountability. It is also crucial in the formation of highly efficient human resource teams. That’s why it is important that you create and nurture trust as you endeavour to succeed.