The business case for trust: we've always known trust matters; now we know share price depends on it.
Chief Executive (U.S.) › Nbr. 2007, December 2007
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Chief Executive (U.S.) › Nbr. 2007, December 2007
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The business case for trust: we've always known trust matters; now we know share price depends on it.
Almost everywhere we turn, trust is on the decline. We find low trust in our society at large, in our institutions and in our companies. Research shows that only 51 percent of employees trust senior management, and only 28 percent believe CEOs are a credible source of information. This compels us to ask two questions. First, is there a measurable cost to low trust? Second, is there a tangible benefit to high trust?
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