We all know the word “trust”. Some people will claim that they build their relationships in private life and in business based on trust but what they don’t realize is that trust is based on a set of rules just like a mathematical formula.
Below you will find the most important facts about trust. Knowing them will help you understand the components of trust.
Self-trust is the basis of building trust with another person.
If you don’t trust yourself you won’t trust others. This is the golden rule which is worth to remember when you analyze your trust towards others.
Self-trust is manifested in keeping the word given to yourself. When you give up on new activities which were supposed to be a part of everyday life, then you decrease your sense of efficiency. If you cannot trust that you will keep the commitments given to yourself, how could you trust anyone else?
Trust is a sum of three factors:
Ability (a set of skills needed to perform a task), kindness (belief that someone is acting in our best interest), honesty (the integrity between the rules and our actions)
Trust is reflected in the management style which is called management through trust. This means creating such working conditions which will allow the employees and the employers take the right decisions in risky situations.
Surveillance of employees and trust are closely linked together. Research shows that lack of trust results in higher surveillance and a tighter system of control of employees. Trust contributes to lowering down costs. The following rule can be applied here:
The higher level of trust, the lower costs of taking decisions and the faster completion of projects. Trust is a variable which impacts the quality of communication between employees, enables us to take off our shoulders the weight of tasks which we would be otherwise afraid to entrust to the employees.