Life Economics Series: The Power of Trust

Author: (USA) Robert Bruce Shaw, translated by Wang Zhen
Publisher:
Publish Date: 2002-02-01
Features: For the success of a business, there are two essential elements: a winning competitive strategy and superior organizational execution mechanisms. Distrust is the common enemy of both. Today, the reasons for most business failures are due to people who should collaborate to ensure the survival and growth of the company starting to suspect each other. As a management consultant, I have found that conflicting strategic goals and unclear performance indicators are all caused by distrust. Distrust also leads to a severe lack of innovative motivation. In other words, distrust is the source of many problems, which weaken our organization.