The Importance And Ways Of Building High-Trust Organizations

1. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com The Importance And Ways Of Building The Importance And Ways Of Building High High- -Trust Organizations Trust Organizations

2. The Importance And Ways Of Building The Importance And Ways Of Building High High- -Trust Organizations Trust Organizations For most business, the level of trust amongst the members of its workforce is one the key factors responsible for its success. In fact, despite the significant role it plays in building a growth-oriented and culturally rich organization, trust is often taken most for-granted within an organization. Building a high-trust organization is not something that can be accomplishedovernight. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

3. The Importance And Ways Of Building The Importance And Ways Of Building High High- -Trust Organizations Trust Organizations Rather, it is requires investment of considerable efforts and a great deal of care on part of each employee within the organization to attain this objective. In this context, the executive search firms in China, stress on the importance of using correct tools and methodologies for building a high-trust organization. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

4. The Importance And Ways Of Building The Importance And Ways Of Building High High- -Trust Organizations Trust Organizations Benefits Of Building A High-Trust Organization As mentioned before, high-trust organizations tend to show greater growth compared to lo-trust ones. and efficiency as This is because such organizations boast of a more efficient leadership and efforts across the various levels within the organization. better corroborative Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

5. The Importance And Ways Of Building The Importance And Ways Of Building High High- -Trust Organizations Trust Organizations In addition, the workforce of such organizations shares a strong sense of purpose and enjoys an organizational culture that values tolerance and co-operation. In such organizations, the leaders also take up the responsibility of coaching their teams in addition to managing them, besides seeking the inputs of team members for effective decision making. High trust organizations also pay greater attention to employee empowerment and ensure transparent and authentic communicationwithin the workforce. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

6. The Importance And Ways Of Building The Importance And Ways Of Building High High- -Trust Organizations Trust Organizations They believe in practicing what they preach and offering a fair chance of growth and development to all employees to create a loving a caring culture. Ways To Build High-Trust Organization The top executive search firms in China have identified the following ways that can help businesses to become high-trust organizations in effective manner. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

7. The Importance And Ways Of Building The Importance And Ways Of Building High High- -Trust Organizations Trust Organizations The process of building a high-trust organization is continuous one and needs to be carried out through the use of right methods. Encouraging Transparency In Communication Transparent requirement for building trust in any relationship. communication is the most basic So, it is essential for organizations to encourage transparency in all types of intra-office communication. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

8. The Importance And Ways Of Building The Importance And Ways Of Building High High- -Trust Organizations Trust Organizations The employees should be motivated to inculcate a habit of speaking clearly and honestly without feeling worried about being embarrassed or reprimanded. Ensure Greater Employee Engagement In Decision Making Involving the employees in the decision making processes can go a long way in building their trust in management. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

9. The Importance And Ways Of Building The Importance And Ways Of Building High High- -Trust Organizations Trust Organizations Such initiatives make the employees feel like being an integral and vital part of the organization and this naturally enhances their level of loyalty. On their part, the employees need to trust the organization management about having their best interests in mind while making key policy decisions. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

10. The Importance And Ways Of Building The Importance And Ways Of Building High High- -Trust Organizations Trust Organizations Developing A Positive Attitude To Constructive Criticism Constructive criticism, if taken in a positive way, can help the members of a workforce to grow and evolve. Helping the employees understand this basic truth can go a long way in creating a work environment based on mutual trust and understanding. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com

11. The Importance And Ways Of Building The Importance And Ways Of Building High High- -Trust Organizations Trust Organizations The leaders can play a key role in helping their team members to develop a positive attitude towards constructive criticism, irrespective of the level of the person offering such feedback. In fact, it is highly advisable for the organization to inculcate the habit providing regular feedback to peers amongst the employees. Tel : +86-21-6474-7064 | simon-wan@cornerstone-group.com