The Power of Trust: How Companies Build It, Lose It, Regain It
A ground-breaking exploration of the changing nature of trust and how to bridge the gap from where you are to where you need to be.

Trust, at every level of business and society, has never mattered so much and at the same time. CEOs, managers, presidents, governors - leaders at every level and in every institution - face vexing issues and trade-offs. Many flounder, especially in a turbulent era when confronted with multiple crises and constituencies demanding change. How to bridge these gaps requires a new understanding of just what trust is, how it can be built, and regained when lost.

Trust is, however, an elusive, even mushy, concept. Sandra Sucher and Shalene Gupta examine the science behind trust, grounding our understanding of why we humans trust in the first place, describing how customers, employees, community members and investors decide whether an organization or a person can be trusted. Creating and sustaining trust does not, they show, come from "reputation-building" and PR but by being the "real deal," creating products, services, and technologies that work, having good intentions, treating people fairly, and taking responsibility for all the impacts an organization creates, whether intended or not.

Then, through a framing of how to think through the elements of trust - competence, motives, means, impact - combined with in-depth stories from twenty years of research we emerge with a new understanding of the business, economic and societal importance of trust and how to regain it once lost. How to, in short, bridge the gap from where you are to where you should be.

"1138007358"
The Power of Trust: How Companies Build It, Lose It, Regain It
A ground-breaking exploration of the changing nature of trust and how to bridge the gap from where you are to where you need to be.

Trust, at every level of business and society, has never mattered so much and at the same time. CEOs, managers, presidents, governors - leaders at every level and in every institution - face vexing issues and trade-offs. Many flounder, especially in a turbulent era when confronted with multiple crises and constituencies demanding change. How to bridge these gaps requires a new understanding of just what trust is, how it can be built, and regained when lost.

Trust is, however, an elusive, even mushy, concept. Sandra Sucher and Shalene Gupta examine the science behind trust, grounding our understanding of why we humans trust in the first place, describing how customers, employees, community members and investors decide whether an organization or a person can be trusted. Creating and sustaining trust does not, they show, come from "reputation-building" and PR but by being the "real deal," creating products, services, and technologies that work, having good intentions, treating people fairly, and taking responsibility for all the impacts an organization creates, whether intended or not.

Then, through a framing of how to think through the elements of trust - competence, motives, means, impact - combined with in-depth stories from twenty years of research we emerge with a new understanding of the business, economic and societal importance of trust and how to regain it once lost. How to, in short, bridge the gap from where you are to where you should be.

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The Power of Trust: How Companies Build It, Lose It, Regain It

The Power of Trust: How Companies Build It, Lose It, Regain It

The Power of Trust: How Companies Build It, Lose It, Regain It

The Power of Trust: How Companies Build It, Lose It, Regain It

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Overview

A ground-breaking exploration of the changing nature of trust and how to bridge the gap from where you are to where you need to be.

Trust, at every level of business and society, has never mattered so much and at the same time. CEOs, managers, presidents, governors - leaders at every level and in every institution - face vexing issues and trade-offs. Many flounder, especially in a turbulent era when confronted with multiple crises and constituencies demanding change. How to bridge these gaps requires a new understanding of just what trust is, how it can be built, and regained when lost.

Trust is, however, an elusive, even mushy, concept. Sandra Sucher and Shalene Gupta examine the science behind trust, grounding our understanding of why we humans trust in the first place, describing how customers, employees, community members and investors decide whether an organization or a person can be trusted. Creating and sustaining trust does not, they show, come from "reputation-building" and PR but by being the "real deal," creating products, services, and technologies that work, having good intentions, treating people fairly, and taking responsibility for all the impacts an organization creates, whether intended or not.

Then, through a framing of how to think through the elements of trust - competence, motives, means, impact - combined with in-depth stories from twenty years of research we emerge with a new understanding of the business, economic and societal importance of trust and how to regain it once lost. How to, in short, bridge the gap from where you are to where you should be.


Product Details

ISBN-13: 9781549165801
Publisher: Public Affairs
Publication date: 07/06/2021
Product dimensions: 5.80(w) x 5.70(h) x 1.10(d)

About the Author

Sandra Sucher is a professor of management practice at Harvard Business School, where she has been teaching for the last twenty years. She provides expert commentary for Bloomberg, The New York Times, The Washington Post, The Wall Street Journal, NPR, and Fortune. Prior to teaching at Harvard, Sucher had a two-decade career as a senior level executive and business ‘fixer,’ specializing in uncovering complex organization problems and creating new ways to address them. She lives in Massachusetts.


Shalene Gupta is a research associate at Harvard Business School. She is a former Fortune reporter, who covered diversity in Silicon Valley, big data, and smart cities. She lives in Massachusetts.



Jennifer Aquino is an American actor based in Los Angeles. She works in film, television, theater, and voice-over. She's known as the doctor who killed McDreamy on the ABC medical drama Grey's Anatomy. Her theater background includes performances at East West Players, The Actors' Gang, LaJolla Playhouse, Theatre West, El Portal Theatre, Center Stage Theatre, Victory Theatre, and Lodestone Theatre. Her voice has been described as "grounded," "youthful," "refreshing," and "pleasing to the ear." Jennifer loves giving voice to young adults, and reading journeys of empowered women in romantic comedies, LitRPG books, fantasy/sci-fi novels, mysteries, and thrillers. Her background in theater and voice contributes to her narration in giving each character a unique life.

Table of Contents

Introduction: A Moment of Trust "in the Small" 1

1 What Is Trust? 15

2 Competence 29

The Art and Science of Excellence

3 Motives 55

A Fine Balance

4 Means 83

When All Is Fair

5 Impact 119

Our Actions Speak

6 Recovery 155

Regaining Lost Trust

7 Power, Trust, and Leadership 187

8 Trust As Potential 215

Acknowledgments 223

Notes 229

Index 275

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