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Trust-small word, big meaning by Fluid March 2010

Trust March 2010

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Open interactive workshop delivered in London to HR & Personnel Managers seeking to raise the levels of trust in their organisation.

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Page 1: Trust March 2010

Trust-small word, big meaning

by Fluid

March 2010

Page 2: Trust March 2010

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Contents

3-4 Introduction to Fluid5-6 To begin with7-11 Is trust an economic measure?

12-13 Exercise A14-16 Moving towards ‘fair’ treatment of

your people17-19 How to tackle unethical behaviour

in the workplace-and prevail 20-21 Need for greater transparency22-23 Exercise B24-26 Trust killed by candour27-28 Trust and HR29-34 Repairing trust35-36 Rebuilding trust one brick at a time37-38 Trusting wisely39-40 The slippery slope of trust41-42 How low can we go?43-44 Exercise C45-46 Building trust at the negotiating

table47-48 Conclusion and questions

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Introduction

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Introduction to Fluid• Fluid Consulting Limited (Fluid) is a specialist

human resources consultancy headed by Tim Holden MCIPD

• 10 years in banking• 10 years in Human Resources consultancy• Fluid trading since 2006• The core services provided by Fluid are:

- Retention- Selection- Attraction- Remuneration & Reward - Outplacement- Training & HR consultancy

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To begin with….

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To begin with….

• The importance of trust• Drivers of trust• Size of organisation• Time and distance• Age and gender• Private sector • Public sector

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Is trust an economic measure?

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Is trust an economic measure? (1 of 4)

• Defining trust• The economics of trust• Key behaviours of trust• Changing cultures• Trusting oneself• Bringer of bad news

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Is trust an economic measure? (2 of 4)

• Fruits of low trust• Speed and cost• Trust taxes and trust dividends• Noun and verb

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Is trust an economic measure? (3 of 4)

• Trust transformation• CORES OF CREDIBILITY• Integrity• Intent• Capabilities• Results

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Is trust an economic measure? (4 of 4)• BEHAVIOURS OF HIGH-TRUST LEADERS

• Talk straight• Show respect• Create transparency• Right wrongs• Show loyalty• Deliver results• Get better• Confront reality• Clarify expectation• Practice accountability• Listen first• Keep commitments• Extend trust first

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Exercise A

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Exercise A

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Moving towards ‘fair’ treatment of your

people

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Moving towards ‘fair’ treatment of your people (1 of 2)

• Think back to a time when you were treated unfairly and consider the effect on your levels of motivation

• Establish clear targets and rewards, whilst being clear about your expectations

• When an employee complains that he or she has been treated unfairly, listen carefully

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Moving towards ‘fair’ treatment of your people (2 of 2)

• Develop a well-thought-out system that allows

flexibility to give spontaneous "spot rewards" when you see a deserving performance, and keep an element of fun in your reward system• Be consistent in yourself• Develop and maintain an effective

Alternative Dispute Resolution (ADR) process

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How to tackle unethical behaviour in the

workplace-and prevail

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How to tackle unethical behaviour in the workplace-and prevail (1 of

2)

• It’s standard practice• It’s not a big deal• It’s not my responsibility• I want to be loyal

• Checklist

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How to tackle unethical behaviour in the workplace-and prevail (2 of

2)• Treat the conflict as a business matter• Recognise that this is part of your job• Be yourself• Challenge the rationalisations• Turn newbie status into an asset• Expose faulty either/or thinking• Make long-term risks more concrete• Present an alternative

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Need for greater transparency

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Need for greater transparency

• Identifying what matters• Towards greater transparency• Critic and champion

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Exercise B

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Exercise B

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Trust killed by candour

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Trust killed by candour (1 of 2)

• In the past, economic disasters normally occurred within national borders

• We need leaders like never before• Opacity in Government is the

organisational equivalent of hardening the arteries

• Candour needs to operate both up and down

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Trust killed by candour (2 of 2)

• Table stakes• Enabling actions• Reinforcing candour

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Trust and HR

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Trust and HR

• Communication• Engagement• Survivor syndrome• Retention• Home working and mobile working

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Repairing trust

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Repairing trust (1 of 5)

• Event takes place• Causal ascription• Causal attribution• Trustworthiness• Trust

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Repairing trust (2 of 5)

• Avoidance• Mistrust confirmation• Forceful confrontation• Trust repair

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Repairing trust (3 of 5)

• WHAT A LEADER NEEDS• Good character• Good sense• Goodwill

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Repairing trust (4 of 5)

• Perceived organisational trustworthiness• Internal components• External components• Organisational failure• Trust repair interventions

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Repairing trust (5 of 5)

• STAGES OF TRUST REPAIR• Immediate responses• Diagnosis• Reforming interventions• Evaluation

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Rebuilding trust one brick at a time

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Rebuilding trust one brick at a time

• Admit the breach of trust quickly• Apologise• Say what you will do prevent breaches• Promise to take action to repair damage• Ask for forgiveness

• One good shot only!

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Trusting wisely

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Trusting wisely

• Know yourself• Start small• Write an escape clause• Send strong signals• Recognise the other person’s dilemma• Look at roles as well as other people• Remain vigilant and always question

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The slippery slope of trust

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The slippery slope of trust

• Courage• Authenticity• Truth• Effective

• Sources of trust and courage

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How low can we go?

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How low can we go?

• Average general trust• Average trust in the organisation• Average trust in the boss• Trust by age• Trust by culture

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Exercise B

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Exercise B

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Building trust at the negotiating table

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Building trust at the negotiating table

• Make maximum use of your own network• Build rapport before negotiating• Set an appropriate trust default• Win their trust• Build trust by listening and acknowledging

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Conclusion & Questions

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Conclusion

• Summary• Questions