The SPEED of Trust: The One Thing that Changes Everything

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The SPEED of Trust: The One Thing that Changes Everything Page 44

by Stephen M. R. Covey


  Japan, 208

  Jefferson, Thomas, 37–39

  Jernstedt, Rich, 37

  JetBlue Airlines, 116, 164, 232–33, 249

  Jobs, Steve, 100, 117

  Johnson, Jimmy, 82

  Johnson, Robert Wood, 124

  Johnson & Johnson, 6, 41, 124, 169, 268, 277, 330

  Jones, Arthur W., 246

  Joni, Saj-Nicole, 31

  Jordan, Michael, 108

  Kampen, Emerson, 71

  Kanter, Rosabeth Moss, 126

  Kaplan, Robert S., 119

  Kelleher, Herb, 15–16, 24

  Keller, Helen, 334

  Kemble, Frances Anne, 335

  Kilts, Jim, 230–31

  kindness, 152–53, 289

  King, Larry, 166

  King, Rodney, 283

  King, Rollin, 160

  Kiuchi, Tachi, 292

  Knight, Phil, 320

  knowledge, 97, 102–3

  knowledge workers, 102, 184

  Kotter, John, 256

  Kouzes, Jim, 247

  Krzyzewski, Mike, 101

  labor unions, 86, 157–58

  Lafley, A. G., 230–31

  language shifts, 39–40, 257

  Lao Tzu, 334

  Larson, Doug, 209

  Lazarus, Shelley, 140, 292

  Leaders: Strategies for Taking Charge (Watson), 189

  leadership:

  humility and, 65–66

  inspiring trust and, 40, 299–300, 312, 331–32

  leadership philosophy, 100

  leadership style, 97, 103–5, 342

  leadership theory, 31

  trust abilities and, 110–11, 118

  trusting leaders and, 230–32

  vision and, 109–10

  see also Covey Leadership Center; FranklinCovey

  Leading Change (O’Toole), 154

  Lee, Blaine, 198, 226

  Lee, Sara, 150

  LEGO Group, 186

  lifelong learning, 73, 101, 109

  Lincoln, Abraham, 142

  Lindblad, Hanne, 288–89

  listening skills, 73, 107, 214–20

  Liu Qiangdong, Richard, 221–22

  Lockheed Martin, 215

  Longfellow, Henry Wadsworth, 179

  Los Angeles, Calif., 283

  Louisiana, 208–9

  Love Is the Killer App (Sanders), 81

  Lowe, Peter, 180

  low-trust organizations, 258–62

  loyalty, 171–77, 267–68

  Ma, Jack, 343

  McCain, Michael, 165–66

  McDonald’s, 217, 283–84

  Mackey, John, 104

  Madoff, Bernie, 262

  Malone, Karl, 185–86

  Mandela, Nelson, 73, 102, 133, 327–28

  Marchica, John, 171

  Mardiks, Ellen Ryan, 278

  market trust:

  best places to live and, 274

  brand building and, 271–75, 278–81

  charitable organizations and, 281

  global economy and, 277

  most admired companies and, 275–76

  100 best companies and, 278

  personal brand and, 274–75

  reputable schools and, 273–74

  reputation and, 35, 242, 295

  restoring trust and, 319–20

  Marriott, J. Willard, Jr., 210

  Marriott International, 187, 210

  Marshall, Edward, 3

  Maslow, Abraham, 185

  Masters, David, 96

  Mattel, 273

  Matthews, Chris, 167

  Maxwell, John, 45

  Maxwell, Neal A., 333

  MBNA America, 216

  media, distrust of, 12, 78

  Meehan, Jim, 83

  Megatrends 2010 (Aburdene), 291

  Meltzer, Michael Irwin, 251

  mentoring, 102–5, 331

  mergers and acquisitions, 6–10, 18, 71–72, 230–31

  Merrill, Roger, 222

  microfinancing, 288

  microfranchising, 288

  micromanagement, 305–7, 313, 335

  Microsoft, 107, 286

  military training, 49

  Million Little Pieces, A (Frey), 166

  mind-set, 91–93

  Mintzberg, Henry, 312

  Mischkind, Louis A., 251

  mistakes, learning from, 120–21, 188–89

  Mitsubishi Electronics, 292

  mobile phone industry, 288–90

  money, 323, 342–43

  Morris, Betsy, 211

  “Most Admired Companies” list, 85, 107, 275–76

  Mother Teresa, 92

  motivation, 235–36

  motive, 80–82, 87–90

  Motorola, 110, 235

  Muhammad, 224

  Mulally, Alan, 157

  Mulcahy, Anne, 71, 275

  Muller, Gale, 266

  Munger, Charlie, 234

  Musk, Elon, 123, 187

  Nagin, Ray, 208

  Nanus, Burt, 189

  National Association of Professional Organizers, 98

  Neeleman, David, 249, 257

  Netflix, 106–7, 109

  Newman, Paul, 287

  Newton, Isaac, 314

  New York Times, 21, 166

  Next Chapter (Chenault), 70, 96

  Nietzsche, Friedrich, 137, 142, 315

  Nike, 320

  Nixon, Richard, 168

  nongovernment organizations (NGOs), 78–79

  Nooyi, Indra, 294

  Nordstrom, 232, 250, 251, 332

  Nordstrom, Blake, 257

  Norton, David P., 119

  O’Kelly, Eugene, 99

  Omidyar, Pierre, 288, 335

  On Becoming a Leader (Bennis), 230, 332

  “100 Best Companies” list, 21, 117, 150, 261, 263, 278, 330

  “100 Best Corporate Citizens” list, 291, 320

  online retailers, 222–23

  open book management, 160

  Open Book Management (Case), 194

  open-door policies, 158

  openness, 72–74

  Oprah Winfrey (TV show), 166

  organizational trust:

  Accountable Organization, The (Marchica), 171

  added value and, 263

  churn and, 261

  collaboration and, 265

  communication and, 143–44

  company culture and, 215, 219, 225–26, 339–42

  credibility and, 49

  crisis in, 11

  customer loyalty and, 263, 267

  disengagement and, 260

  employee turnover and, 260

  execution of intent and, 266–67

  expectations and, 200–202

  extending trust and, 232–35, 301–13

  great places to work and, 148

  growth and, 263

  high- vs. low-trust organizations, 21, 233, 235, 244–47, 320

  innovation video and, 264n

  labor unions and, 86, 157–58

  office politics and, 259

  redundancy and, 258

  referral business and, 263

  respect of workers and, 148

  restoring trust and, 320–22

  supporting employees and, 171–72

  symbols and, 247–51

  see also alignment

  O’Toole, James, 154

  Packard, David, 250, 257, 306

  paradigm shifts, 39–40, 97, 134

  Park City, Utah, 154–55

  partnering, 21, 36–37, 100, 266

  Pascal, Blaise, 331

  Paulson, Hank, 276

  PepsiCo, 112, 294

  perception, 75–78

  performance, 32, 115–17

  Peter, Laurence, 258–59

  Peter Principle, 95, 105

  Peters, Tom, 5, 58, 123

  Peterson, Joel, 233

  pharmaceutical industry, 277

  philanthropy, 91–92, 286–88

  Pierer, Heinrich, 218

  Pilzer, Paul Zane, 91–93<
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  Pixar Animation Studios, 100, 195

  Ponemon, Larry, 267

  Popeye restaurants, 31, 192–93

  positive expectations, 125–26

  Posner, Barry, 247

  Power of Intention (Dyer), 91

  Power Principle, The (Lee), 198

  Premji, Azim, 133

  principles of trust:

  relationship trust, 12, 34, 129–30, 131–39, 145, 163–70, 202; see also behavior

  self-trust, 12–13, 34, 43–44, 47–56, 69–70, 219, 226–27; see also credibility

  stakeholder trust, 241–43, 295–97

  problem-solving techniques, 88–89

  Procter & Gamble, 230

  professional sports, 61–62, 100–101, 108, 163–64, 185–86

  purpose, sense of, 107–8, 134

  PwC, 159, 206

  Ramé, Maria Louise, 64

  Randolph, Marc, 106

  Rangaswami, J. P., 181

  Reagan, Ronald, 305

  reality, 191–97

  Reichheld, Frederick, 279

  relationship trust:

  action plan and, 238–40

  amend making and, 163–70

  communication and, 145

  consistent behavior and, 34

  crisis in, 12

  expectations and, 202

  restoring trust and, 322–24

  as 2nd principle of trust, 129–30

  13 behaviors and, 131–39

  reputation:

  Buffett and, 46, 136, 138, 274–75, 278, 311

  keeping commitments and, 222–23

  market trust and, 35, 242, 295

  Reputation (Fombrun), 158

  respect, 148–57

  restaurant industry, 31, 192–93

  results:

  accountability for, 122–25

  approach to obtaining, 117–19

  building trust and, 179–80

  clarifying expectations and, 181

  commitment to, 126–27

  communication of, 121–22

  continuous improvement of, 122–27

  as core of credibility, 57, 58, 59

  definition of, 119–21

  in family relationships, 169

  feedback and, 127–28

  importance of, 112–15

  market trust and, 279

  organizational trust and, 252–53

  performance and, 115–17

  positive expectations and, 125–26

  self-assessment of, 115, 120

  13 behaviors and, 178–82

  track record and, 112–13

  trust tips for, 182

  Rice, Jerry, 186

  Riggio, Leonard, 218

  ripple effect, 33, 35, 139

  risk management, 303, 310–12

  Ritz-Carlton Hotels, 232, 332

  Roddick, Andy, 61–62, 66

  Roddick, Anita, 153

  Rogers, Carl, 295

  role models, 92–93

  Roosevelt, Franklin Delano, 109

  Rosenthal, Robert, 125

  Rosier, Grady, 234

  Rowley, Coleen, 66

  Rumi (poet), 36

  Rush, Benjamin, 38

  Ryan, Kathleen, 191

  Sadat, Anwar, 73, 133

  St. Jude’s Research Hospital, 281

  Salesforce, 27

  Sam’s Club, 86, 332

  Sandberg, Sheryl, 196

  Sanders, Dean, 332

  Sanders, Tim, 81

  Sawaf, Ayman, 15

  Sbaarro, 180

  Schlessinger, Laura, 93

  Schwab, Klaus, 15

  Schweitzer, Albert, 336

  self-assessment:

  capabilities and, 96, 111

  extending trust and, 236–37

  integrity and, 73

  intent and, 88

  listening skills and, 220

  results and, 115, 120

  transparency and, 162

  self-confidence, 47–48, 69, 95

  self-fulfilling prophecy, 125

  Self-Renewal (Gardner), 97, 103, 184

  self-trust:

  credibility and, 47–51

  as 1st principle of trust, 34, 43–44

  keeping commitments and, 12–13, 69–70, 226–27

  listening to yourself and, 219

  restoring trust and, 324–26

  self-trust questionnaire, 51–56

  Serven, Lawrence MacGregor, 259

  7 Habits of Highly Effective People, The (Covey), 27, 135

  Shackleton, Ernest, 41

  Shariatmadari, Hossein, 79

  Shaw, Robert, 21

  Shinseki, Eric, 106

  Shkreli, Martin, 168–69

  Shultz, Howard, 84–85, 249

  Siemens AG, 218

  Sinek, Simon, 84

  Sirota, David, 251

  Skapinker, Michael, 306

  skill development, 97, 100–101, 105–6

  Skoll Foundation, 287

  “Smart Trust”:

  managing risk and, 310–12

  “Smart Trust” illustration, 137, 301

  “Smart Trust” matrix, 302–10, 304, 309

  Smiles, Samuel, 139, 336

  Smith, Adam, 290

  Smith, Frederick, 116

  Smith, Orin, 292

  Smith, Will, 101

  societal trust:

  contribution and, 35, 242, 286–90, 295

  crisis in, 10–12

  Denmark mobile phone co. and, 288–89

  “fish in water” syndrome and, 284–85, 290–91

  global citizenship and, 291–95

  high- vs. low-trust societies, 11, 19, 285

  McDonald’s and, 283–84

  “100 Best Corporate Citizens” list, 291

  restoring trust and, 318–19

  “soft skills,” 154–55

  Sokol, David, 120–21

  South Africa, 73, 93, 327

  Southwest Airlines, 15, 86, 160, 171–72, 233, 261

  Soviet Union, 73

  SpaceX, 123

  “Speak Kindly” campaign, 289

  Spinetta, Jean-Cyril, 158

  sports, see amateur sports; professional sports

  stakeholder trust, 241–43, 295–97

  Starbucks, 84–85, 249, 276, 292

  Stephenson, Randall, 259

  stewardship, 27–29, 122, 243, 312

  Stimson, Henry, 257

  Stockdale, James, 192

  straight talk, 140–47

  see also communication

  Sullivan, Anne, 334

  Surowiecki, James, 291

  tables:

  Myth vs. Reality, 25–26

  Trust Taxes and Dividends, 22–24

  talents, 97–98

  Tales of Knock Your Socks Off Service (Anderson & Zemke), 319

  terrorist attacks, 13–14, 116, 285

  Tesla Motors, 123, 187

  Theory of Moral Sentiments, The (Smith), 290

  Thiim, Wally, 49

  13 behaviors, of high-trust people:

  action plan for, 239–40

  clarify expectations, 198–205, 294

  confront reality, 191–97, 294

  create transparency, 157–62, 294

  deliver results, 178–82, 294

  demonstrate respect, 148–56, 294

  extend trust, 229–37, 295

  get better, 183–90, 294

  keep commitments, 221–28, 295

  listen first, 214–20, 295

  practice accountability, 206–11, 294

  right wrongs, 163–70, 294

  show loyalty, 171–77, 294

  talk straight, 140–47, 294

  Thomas, Danny, 281

  Thoreau, Henry David, 306

  Thriving on Chaos (Peters), 123

  Thurber, Marshall, 286

  Time, 67, 286

  Toffler, Alvin, 183

  Townsend, Robert, 171

  Toyota, 88, 159–60

  track record, 79, 112–13

  see also results


  Traction (Wickman), 31

  transparency, 157–62

  Trout, Jack, 109

  Truman, Harry S., 174

  trust:

  definition of, 5

  economic impact and, 13–17, 342–43

  expectations and, 199–200

  as a function of character, 29–32, 57

  as a function of competence, 29–32, 57

  “green and clean” story and, see stewardship

  high- vs. low-trust relationships, 5–6

  impact on personal/professional lives, 1–2, 6

  inspiring trust and, 40, 299–300, 312, 331–33

  keeping commitments and, 223–25

  measuring trust video, 252n

  millennials and, 340

  propensity to trust and, 330–36

  see also 13 behaviors, of high-trust people

  trust abilities, 97, 110–11, 118

  trust building:

  in family relationships, 50, 100

  improvement and, 184–85

  listening skills and, 218–19

  in mergers and acquisitions, 6–10, 18, 71–72, 194

  respect and, 150–52

  results and, 179–80

  13 behaviors and, 135–37

  transparency and, 159–61

  trust crisis, 10–12, 36, 78–80, 318, 337

  trust issues, 3–5, 340

  trust levels, 17–24

  trust myths, 24–26

  trust restoration:

  apologies and, 163–70

  breakdowns and breakthroughs, 36–39, 316–17

  broken trust as new beginning, 329

  as family priority, 328–29

  forgiveness and, 326–28

  market trust and, 319–20

  organizational trust and, 320–22

  relationship trust and, 322–24

  self-trust and, 324–26

  societal trust and, 318–19

  understanding and, 317–18

  trust tips:

  accountability and, 211–13

  clarifying expectations and, 204–5

  confronting reality and, 196–97

  creating transparency and, 161–62

  delivering results and, 182

  demonstrating respect and, 155–57

  extending trust and, 236–37

  getting better and, 189–90

  keeping commitments and, 227–28

  listening skills and, 219–20

  righting wrongs and, 169–70

  showing loyalty and, 176–77

  talking straight and, 145–47

  Twain, Mark, 135

  UCLA, 221

  Ullman, Harvey, 185

  Ulrich, Dave, 178

  Unilever, 4

  USA Today, 167, 175, 208

  U.S. presidents, 37–39, 64, 109, 142, 166–68, 174

  values, 70–72

  Verdasco, Fernando, 61

  Vig Knudstorp, Jørgen (JVK), 186

  Virgin Group, 150, 233, 248

  Visa International, 188

  vision, 109–10

  volunteerism, see global citizenship

  Waddle, Scott, 208

  Wagner, Rodd, 266

  “waiter rule,” 149–50, 155

  Wall Street Journal, 120

  Wal-Mart, 15, 48, 86, 310–11, 332

  Walsh, John, 331

  Walt Disney Co., 72

  Walton, Sam, 48, 86, 332

  Washington, Booker T., 29

 

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