Trust – What You Need To Know

Trust – What You Need To Know

It’s not as black and white as thinking someone is either trustworthy or not.

(Repost from FastCompany.com).

The issue of trust – and our lack of it – is huge in our culture today. We hear comments about trust all over the news and frequently in personal conversations: “I don’t trust him.” “They aren’t trustworthy.” “Big organizations can’t be trusted.”

The reasons why there seems to be an epidemic of lack of trust are a complicated discussion in and of itself. But let’s first understand what “trust” really is, so we can think, talk, and respond accurately to relevant situations.

It’s Not as Simple as Trust vs. Don’t Trust
Trust is not a global entity – although we talk like it is – “I just don’t trust her.” In actuality, trust is situation-specific. We trust someone to be able to do some task. For example, if you were to trust me to fix your car, your trust would be misplaced because I have virtually no mechanical abilities at all. However, if you believed that I could type your paper for you relatively quickly, assuming I had the time, that would be a good situation in which to trust me.

The reason that it is important to understand that trust is situation-specific is because we then have a pathway to take in order to build or rebuild low levels of trust. If we just say, “They aren’t trustworthy,” there is nothing the other party can do to remedy the situation. It is a personal judgment you have made and that is that.

Also, a vague “I don’t trust them” absolves the person making the statement of any personal responsibility. They have an opinion and there is nothing required of the speaker. It is like saying, “He’s a jerk.” A judgment is made and there is nothing I need to do. This typically isn’t helpful in building relationships. When we believe the other person is the source of the problem and that the issue only will be resolved when they change, not much good can happen.

Creating Situations of Trust
When we understand that trust is situation-specific, then a relationship can move beyond the “all or nothing” impasse (she’s trustworthy/not trustworthy). I can now say, “I trust John to be able to drive me to the airport and get me there on time” even though I may not trust him to manage my personal finances. So, when we are having difficulty in trusting someone for a certain task, it can be helpful to identify situations or tasks for which you can trust them and proceed in that area. This is especially helpful when dealing with new colleagues or those who are still learning their job–give them a task that you believe they can do.

The Three C’s of Trust
Besides being situation-specific, it is helpful to grasp the three foundational components of trust: competence, consistency, and character.

They are like the legs on a three-legged stool; without all three being present, the chair falls over.

1. Competence
If a person or business doesn’t have the ability to do the task you desire, it is foolish to trust them to do so. Having the knowledge, ability, resources, and capacity to complete a task is at the foundation of trust. This is why testimonials, references, or endorsements from prior customers are so important–they provide external evidence to the claims of the service provider or manufacturer.

2. Consistency
A person or an organization may have the competence to complete the task; they have the skills, talent, and expertise to do what is expected. But if their products are of inconsistent quality, if they cannot consistently get the product to you in time, or if they as a service provider don’t show up, it doesn’t do you much good. In many service sectors, there are plenty of competent technicians, but if you don’t know if or when they will come to do the work, you are not able to depend on them.

3. Character
In this context, character primarily refers to honesty, integrity, and the belief that the other person is considering your needs as well as their own. Lack of trust in business dealings (especially complex ones) often relies on the parties’s willingness to trust that the information being given is true, there is nothing important being hidden or left out, and that the other party is not just wanting to make a quick buck, but that they actually will deliver the goods or services they are promising.

Generally speaking, it is acceptable for an individual or a company to look out for their own interests (they have to make money to stay in business). However, you want to know they are not only looking out for themselves, but are considering your needs and desires, as well.

Steps To Take When Trust is in Doubt

If you are having difficulty trusting someone else:

  1. Try to specify, as much as you can, what action you are having trouble trusting them with and why. Ask yourself what they have done or not done to cause this?
  2. Consider which of the Three C’s is related to your lack of trust in this situation.
  3. Identify situations or actions for which you are willing to trust them. When possible, let them affirm their trustworthiness in these situations.
  4. Determine what they could do that would shore up your trust of them in this situation and consider certain conditions and parameters under which you would be willing to trust them to do this.

If someone is having difficulty trusting you:

  1. Ask them directly if there is something that you have done that has undermined their trust of you. If so, take appropriate actions like apologizing and making reparations to address this event.
  2. Affirm your desire to be trusted by them and assert your willingness to do what is required to earn or rebuild their trust.
  3. Be willing to take initial actions to demonstrate your trustworthiness, either in other situations or under specific defined parameters.
  4. Be sure to follow through and make evident your competence, consistency, and that you are considering their interests as well as your own.

Trust in relationships is the foundation to living life cooperatively in a community. Use these tips to aid you in building deeper and broader trust with those around you.

(Repost from FastCompany.com, article by Paul White, PhD)

In our experience, successful clients recognize that maximizing their ROI includes accountability to the partnership with their vendors: sustainable, long-term business growth is led by strong Client Agency relationships where a responsive, trust-based culture is present.

Implementing a protocol for gathering data and actionable insights on working relationships is becoming an imperative. Consider a systematic approach via a neutral, two-way, relationship management and performance evaluation service. Using a tool like Effective Working Partnerships (EWP), will develop enterprise-wide insights and benchmarks to help strengthen critical Client Agency relationships (and work to build an effective, responsive culture based on trust).

Want better results from your marketing investment? Give us a call and we’ll point you in the right direction.

Mike Fyshe is a partner with Reynolds & Fyshe, the leading, independent marketing consultant in Canada, specialized in increasing the value delivery of marketing communications through related services like MarCom services evaluation, agency compensation negotiation, relationship management & performance evaluation, and ad agency search & selection. Reynolds & Fyshe adheres to best practices published by the Institute of Communication Agencies (ICA).   See more at: www.reynoldsandfyshe.com.