Despite a focus on strategies for financial growth, the critical factor of success, trust, is frequently neglected.
Statistical Insights on Trust
According to Visier:
- 65% say "they generally tell me the truth"
- 52% report transparency about company policies and practices
- 32% feel encouraged to speak up
These results highlight concerning gaps in workplace trust. Mistrust leads to accidents, poor performance, and mental ill-health.
Why is Trust Eroded?
- Lack of Transparency
- Poor Communication
- Inconsistent Leadership
- Unfair Treatment
- Unrealistic Expectations
- Lack of Recognition and Appreciation
According to Deloitte, "trusted companies outperform their peers by up to 400%".
Trust is Key to Success
- 88% of customers are more likely to repurchase from brands they trust
- 79% of employees are less likely to leave and feel motivated to work
Talent Trust provides tangible approaches to strengthen teams and create high-performing production environments. The firm's measurement tool, 'Eyes On Production', offers visibility into team dynamics and performance optimisation.
This is advice only. Always consult a professional.