Trust and Gratitude: The Cornerstones of Superior Team Performance

When we examine various industry sectors, most organizations face a common challenge: how to gain and, just as easily, lose the trust of their people. The importance of developing trust becomes evident.

The Edelman "Trust Barometer" shows that one in three people doesn't trust their employers, a pressing concern in today's geographically dispersed work environment. So, how do you successfully cultivate trust within your team?

Moreover, this research uncovers a startling fact: trust dwindles as you move up the corporate ladder. While 64% of executives trust their organizations, only 51% of managers and a mere 48% of other staff share the same trust. In essence, employees trust their colleagues more than their top brass, emphasizing the critical need for leaders to build trust.

Let’s have a closer look into a role that trust plays in the workplace, along with best practices to nurture it within your team.

Top Reasons Why Building Trust in the Workplace is so Important Today:

1. Enhancing Teamwork and Collaboration:

Trust fuels productive collaboration, a necessity in today's remote and hybrid work settings. Poor communication often thwarts collaboration, so kickstart it by promoting open and honest dialogue.

2. Improving Organizational Alignment:

Trust aligns employees with your company's mission and vision, a challenging task for globally dispersed enterprises. Transparent communication of core values is key.

3. Boosting Efficiency, Engagement, and Productivity:

Trust and engagement go hand in hand, driving productivity to new heights. Highly-trusted workplaces boast 50% higher productivity and outperform low-trust organizations by 186%.

4. Improving Decision-Making:

Trust empowers employees to make decisions confidently, fostering an agile, innovative work culture.

5. Reducing Stress and Burnout:

Trust diminishes stress and burnout, with trust-based workplaces experiencing less stress and less burnout. Create a stress-free environment with transparency and open communication.

Here’s a great proven example from Rhomberg Sersa Rail Group:

Rhomberg Sersa Rail Group’s trust-driven culture, coupled with open communication and focus on excellence, leads to the podium of "Highest Reputation Organizations in the Construction Industry in Austria” 2023 IMWF ranking as the best employer.

In closing, trust is the fundament to superior team performance. It's now time to unlock your team's potential with trust and gratitude. 🚀

🔗 Let's start a discussion: Share your own examples and experiences on trust-building in your team. How has trust shaped your workplace success? #Leadership #TrustInBusiness #TeamPerformance

Read more:

www.edelman.com

Startseite - IMWF Austria

Mission Statement - Rhomberg Sersa (rhomberg-sersa.com)

Trust in management that is based on competence - Rhomberg Sersa Rail Group (rhomberg-sersa.com)