The Melting Pot Newsletter | #45
WHAT IS TRUST IN BUSINESS (AND HOW DO YOU BUILD IT?)
Do you trust your colleagues? Do they trust you? Simple questions that are loaded with significance. In theory, it’s easy to agree that trust is important. But in practice, it can be really hard to embed trust into your company’s everyday working culture.
There’s a huge crisis in trust globally. In 1976, trust in the media was at 76%. Today it’s at 32%. Trust in office communications is at an equivalent all-time low. And, with only 19% of millennials believing that ‘most people can be trusted’, it’s not looking set to improve any time soon.
If there’s a problem with trust in your company, know this. It’s likely to be costing you the most money. Lack of trust is corrosive, causing fragmentation, division and unhappiness. Productivity drops along with levels of engagement. So, if you’re serious about growing your business, you need to get this sorted quickly. You won’t get anywhere without trust.
Turning Disruption into Advantage
This week, we talk to Nicole Yershon, founder and CEO of the NY Collective. This leverage-model business was created to disrupt the traditional practices of consulting and marketing agencies, and to get to the heart of a business problem – whether operational or strategic – as quickly as possible.
Nicole is the original rough diamond. She wasn’t a yes-girl. She asked the awkward questions, queried the processes and side-stepped authority and the chain of command to get things done. Her measure of success wasn’t financial. It was in her ability to move people from an analogue world to a digital world.
Discover conversion rate optimization (CRO) techniques that have been used to grow many of the world’s biggest web companies—plus hundreds of smaller, market-leading companies in over eighty different industries.
A weekly podcast from FranklinCovey to help you become a better leader. Subscribe to the FranklinCovey On Leadership newsletter and receive weekly videos, tools, articles, and podcasts to help you become a better leader.
Let’s face it. Team strategy offsite meetings are expensive and time-consuming. While these events can provide a great environment for team building and alignment, such benefits can be short-lived and easily lost when team members move back into their day-to-day operations.
Whether it’s an entrepreneur who finally succeeds in the marketplace after numerous failed attempts or bankruptcies, a scientist who generates the breakthrough compound for a life-saving medication after years of failed drug trials, or a basketball player who overcomes a severe injury and a shooting slump to advance their team in a big tournament, resilience is often identified as one of the factors that helps individuals get ahead. But few of us work entirely alone, and how our teams persevere matters just as much as how individually resilient we are.
Sleep is one of the most important aspects of our life, health and longevity and yet it is increasingly neglected in twenty-first-century society, with devastating consequences: every major disease in the developed world – Alzheimer’s, cancer, obesity, diabetes – has very strong causal links to deficient sleep.
In this book, the first of its kind written by a scientific expert, Professor Matthew Walker explores twenty years of cutting-edge research to solve the mystery of why sleep matters.
John Kotter’s now-legendary eight-step process for managing change with positive results has become the foundation for leaders and organizations across the globe. By outlining the process every organization must go through to achieve its goals, and by identifying where and how even top performers derail during the change process, Kotter provides a practical resource for leaders and managers charged with making change initiatives work.