There’s little doubt that workplace culture is the key driver of success in any business. Your culture is your number one competitive advantage when it comes to attracting and keeping top talent, attracting customers, and boosting innovation, sales and productivity. And one of the key values that both drives and reflects an inspiring culture is trust. You simply cannot sustain any healthy workplace relationship when trust is lacking.
Trust me on this: All relationships are built on a foundation of trust. Your customers need to trust you before they’ll do business with you, employees want to be led by leaders they trust, and they want to work for organizations they trust. Leaders need to be able to trust their employees. A lack of trust creates silos, low morale, and dampens innovation. It ramps up stress and increase employee turnover rates. Some economists suggest that a lack of trust costs companies millions of dollars a year. At an individual level, employees who are highly trusted achieve greater career success in any work environment. Here are seven ways to build trust.