When there is a lack of trust in the workplace, organizations and it’s workers breakdown and diminish the capacity to grow in a healthy, scalable way. When this happens, employees feel that the environment and the culture become toxic. Examples of toxicity include lack of communication, fighting, stifled productivity and even vengeance among people. This results in turn-over, lack of productivity and loss of profits.
At the core of all good relationships is trust. This builds the foundation for the relationship so it can flourish. By trusting a leader, employees will go the extra mile for the businesses bottom line and for the vision. People will have a higher level of confidence and feel supported.
The Impact of Trust
Trust will make a huge impact on expectation levels as well as the ability to innovate in their roles. It will also start creating leaders from your people, as they have the freedom to lead without criticism or instead of looking over their shoulders.
Seven Tips for Building Trust as a Leader
As a leader, you can build trust by:
1-Recognizing that the cultural diversity in the company, including race, gender, ethnicity, and age will help the company become stronger, more innovative and sustainable.
2-Be honest as people will appreciate the truth in all situations, especially when unexpected events arise in the company.
3-Lead as a mentor to others by offering guidance and support.
4-Let go of micromanaging—you’ve hired the right people for the job and let them decide how to get tasks achieved.
5-Be a team player by listening to new ideas, accepting suggestions and defending the team when necessary.
6-Forego personal gain so that the team gains credit within the company.
7-Walk your talk as leader.
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