This article emphasizes how and why companies must develop trust within their workforce. Next, the implication that can and will be faced by organizations if they do not develop trust within their workforce. Finally, how to build trust among co-workers in an organization?
Since managers are initiators of trust, the target audience of this paper will be management at all levels of a company. It is essential that management understand the value of trust and how to promote trust in their organizations. Competence, integrity and employee rapport are a few factors that determine organizational trust. However, the elusive nature of trust makes it one of the most difficult characteristics to maintain. Management needs employees to feel that they are valued, trusted, and have them believe that the company is acting with integrity in their best welfare.
Economic factors, resulting in layoffs have caused loss of trust in many individuals. This in turn has been the cause of poor morale and reduced company loyalty. Downsizing has the same effect on employees especially if it is not handled properly or mis-communicated. The remaining employees are stuck wondering, "Am I next?" This has an even more devastating effect on the younger and newer employees who recently watched top-level management get terminated or laid off after they have been loyal and served the corporation for many years. This sends the message that loyalty does not exist in companies any more, and when the economy improves, these employees will likely seek employment where they feel more secure.
Other unseen costs of mistrust in the workplace include: no company loyalty, decreased commitment, and higher employee turnover. Distrustful employees are not as productive. Likewise, mistrusting management wastes time checking up on employees. Therefore, it is imperative companies work to build trust in their organizations.
How do you build trust? Trust is earned when everyone's interests are considered and respected. Communication is the key to do this. Following is a list of suggestions for building and maintaining trust.
In the end, organizations cannot earn, develop or retain employee trust; only people can. Trust is an interpersonal experience, while organizations can define policies and practices that promote trust; it is the behaviors of individuals, especially leaders that determine the level of trust in an organization. Being honest is the easiest way to prevent loss of trust. If you don't know the answer, say so. If you have a tough question, ask it. If you say you're going to do something, do it, or provide an update as to why the schedule has changed. It is the little things, which add up, that help earn and maintain trust within organizations.
To learn more about the workplace ethics, culture, organizational trust, integrity and more, please visit www.swashconvergence.com.