ankit boratkar - the speed of trust
TRANSCRIPT
The Speed Of Trust
A Presentation on
Ankit Boratkar
Stephen M.R. CoveyCo-Founder And CEO of CoveyLink WorldwideKeynote Speaker , Author and Advisor on
TrustLeadership
High performance
Trust is the thing that changes everything
You can have all the facts and figures, all the supporting evidence, all the endorsements that you want, but if you don’t command trust , you won’t get anywhere - Nail Fitzgerald , Former chairman , Unilever
The moment there is suspicion about a person’s motive , everything he does becomes tainted. – Mahatma Gandhi
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THE ECONOMICS OF TRUST
Speed Trust
Cost
TrustSpeed Cost
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The TRUST taxIf the Trust in an organisation is low , The Trust tax for the organisation is very high
Strategy * Execution = Result
(Strategy * Execution)Trust = Result
3
Trust Myths
Soft
Unquantifiable
Real Hard
Quantifiable4
Self-Trust and the 4 cores Of Credibility
Integrity Intent
Capabilities Results5
The integrity forms the root which takes the shape of Character and behaviourThe character creates Intent of a personThe good the intent , the better capabilities you are likely to haveAnd competency brings Results 6
Relationship TrustAll about consistent Behaviour
People can see your behaviour , not your heart
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behaviors of High Trust
Talk Straight
Demonstrate Respect
Create Transparency
Right Wrongs
Show loyalty
Deliver Result 8
Get Better
Confront Reality
Clarify Expectations
Practice Accountability
Listen First
Keep Commitments
Extend Trust 9
Organizational TrustIncreased Value
Accelerated Growth
Enhanced Innovation
10
Improved Collaboration
Stronger partnering
Better Execution
Heightened Dividend11
Market Trust4 questions to grow trust :-
Does my brand have integrityDoes my brand demonstrate good intentDoes my brand demonstrate capabilitiesIs my brand associated with result 12
Conclusion
One should never break trust, But if broken , Trust can be restored
Trust is a real hard and quantifiable quality
The speed of restoring trust is very fast
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Thank You!