Recently attended Matthew McConaughey’s Art of Living Live Event with Tony Robbins and Dean Graziosi, and McConaughey asked, “Can we trust each other 5% more than we do right now, imagine what that could create for our society.” It made me want to dig into the benefits of raising trust at work. With all the apathy in the workplace, it made me want to share my findings with you in the hopes that you can check in on the trust level between you and your teams.
Here are the benefits of focusing on raising trust at work:
Trust is the foundation of any successful relationship, whether it's between two individuals, a team of coworkers, or a company and its customers. When trust is present, it creates a sense of safety and security, allowing people to be vulnerable, take risks, and achieve great things. However, when trust is absent, it can lead to suspicion, fear, and missed opportunities. In this article, we'll explore the importance of trusting each other and how it can benefit us in our personal and professional lives.
Trust Enables Collaboration
In any collaborative endeavor, trust is crucial. When people trust each other, they are more willing to share ideas, work together, and rely on each other's strengths. This creates a sense of synergy, where the whole is greater than the sum of its parts. In a work setting, this can lead to more efficient processes, better problem-solving, and improved outcomes.
Trust Promotes Innovation
When people trust each other, they are more willing to take risks and try new things. This is because they know that even if they fail, they will be supported by their team. This promotes innovation and can lead to new ideas, products, and services. In a company setting, this can translate into a competitive advantage and increased success.
Trust Fosters Relationships
Trust is essential for building and maintaining strong relationships. When people trust each other, they are more likely to be open and honest, which leads to deeper connections. This can apply to romantic relationships, friendships, and professional relationships alike. When trust is present, people are more likely to forgive mistakes, work through conflicts, and stay committed to the relationship.
Trust Increases Accountability
When people trust each other, they are more likely to hold themselves accountable for their actions. This is because they know that their behavior affects not only themselves but also their team or community. In a work setting, this can lead to increased productivity and improved performance. In a personal setting, this can lead to personal growth and a sense of responsibility for one's own actions.
Truth is trust is essential for success in any aspect of business. When people trust each other, they can collaborate more effectively, innovate more freely, build stronger relationships, and increase accountability. Without trust, people can become isolated, fearful, and stagnant. That energy not only drains your culture, the energy at work, and the bank account. More mistakes are going to be made, and cost your company more to recover, if trust is low across your team. Try to make trust a priority in your company. Build it through communication, reliability, and authenticity, and watch as it transforms your relationships and your achievements.