importance of trust

2. Why Is Trust Important In The Workplace?
When it comes to the issue of employee performance in an organization creating a sense of
trust is one of the key factors to be considered. Trust forms the basis of all relationships and
interactions. It is just as important in professional relationships as it is in personal ones.
A company that is able to create a strong sense of trust in the workplace is better able to
weather the storms throw up by the competition and have a clearer vision of what the company
stands for.
Successful businesses are built on relationships. Relationships between employers and
employees, staff and customers, internal stakeholders and external stakeholders. At the
foundation of all relationships is trust. Without each party trusting one another the ability to
come to an agreement or consensus on an issue is always going to be compromised.

3. If a workplace is able to foster a strong sense of trust within their organization they can see a
number of benefits including:
 Trust is good for morale and motivation.
 Trust builds teamwork and collaboration.
 Trust produces increased speed, improved efficiency and hence, decreases costs.
 Trust empowers ethical decision-making.
 Trust increases loyalty and the willingness to stay with a company.
 Trust decreases stress levels and hostility in the work environment.

4.  Trust overcomes resistance to change.
 Trust breaks down corporate silos and isolating behaviors.
 Trust is a gateway to persuasion, sharing and developing ideas.
 Trust is a key ingredient to coaching and improving employee performance.