The level of trust in your organization impacts the bottom line. When trust is low, so is morale. Disengaged employees quit working, but keep showing up at the office. Turnover among the most capable and competent workers increases. Productivity decreases. Redundancy, held in place by bureaucratic silos, saps vitality and strengthens the potential for toxic behaviors like fraud and favoritism.
In organizations where trust is high, you’ll find growth stimulated by creativity, innovation, risk-taking and learning among employees at all levels, across the enterprise. You’ll notice higher levels of collaboration, a real commitment to partnership and win-win solutions, more effective execution of business strategy and heightened loyalty to the company for the right reasons.
Where is your organization along the trust continuum? Acknowledged or not, it’s affecting your bottom line.