What really matters for trust?

Joseph Folkman in his book “The Trifecta of Trust” came up with these three pillars after looking at masses of leadership feedback data. The point of a trifecta is that these pillars have an order to them.

1. The first pillar is Expertise:

=> “This is the extent to which you are well informed and knowledgeable. It includes your understanding of the technical aspects of the work, as well as your depth of experience.”

=> Expertise is demonstrated by good judgement in making decisions.

2. Once you have achieved a level of expertise, you must demonstrate Consistency:

=> This means walking the talk and doing what you say you will do

=> You are a good role model for others

=> You keep your promises.

3. The final pillar is Fostering Positive Relationships:

=> You stay in touch with the issues and concerns of others (empathy)

=> You balance results with concern for others

=> Your relationships generate cooperation

=> You give “honest feedback in a helpful way”

=> You build an inclusive climate.

I also like his discussion of the “humble expert”, the link between trust and engagement, and trust and confidence:

=> “Confidence can magnify trust, but only when a person’s confidence matches up with their competence. Assuming you are much more effective than you really are causes others to lose trust in you.”

That rings very true!

Reference: Folkman, Joseph R.. The Trifecta of Trust: The Proven Formula for Building and Restoring Trust. United States: River Grove Books, 2022.

#Leadership #Trust #PsychologicalSafety #EmployeeEngagement #FutureOfWork #EmployeeExperience #HR #Inclusion #BehavioralScience #BestThingsAlwaysComeInThrees

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