{"id":13527,"date":"2022-05-19T02:17:59","date_gmt":"2022-05-19T08:17:59","guid":{"rendered":"http:\/\/www.designandexecute.com\/designs\/?p=13527"},"modified":"2022-10-21T12:14:42","modified_gmt":"2022-10-21T18:14:42","slug":"how-to-manage-teams-of-any-size-the-7-laws-of-trust","status":"publish","type":"post","link":"https:\/\/www.designandexecute.com\/designs\/how-to-manage-teams-of-any-size-the-7-laws-of-trust\/","title":{"rendered":"How to Manage Teams of Any Size: The 7 Laws of Trust"},"content":{"rendered":"\n

Managing any team depends heavily on two things<\/h3>\n\n\n\n
  1. Process of tracking Results<\/li>
  2. Process of Trust<\/li><\/ol>\n\n\n\n

    I have many articles on setting goals and tracking results. Let’s focus on Trust. <\/p>\n\n\n\n

    A pile of examples<\/strong> is worth a gallon of advice <\/p>— Stephen Choo Quan<\/cite><\/blockquote>\n\n\n\n

    Webster’s dictionary defines Trust as assured reliance on the character, ability, strength, or truth of someone or something. In simple terms, someone does what they say they will do. You should be able to take the word Trust out and put in the word predictable.<\/p>\n\n\n\n

    Trust is being able to predict what a person will do. Action and words must align with the brand promise. When we repeatedly deliver evidence of our promises, we develop Trust and not empty promises<\/strong>.<\/p>\n\n\n\n

    Hype <\/strong>is an oversell. <\/strong>This is incredible and unbelievable. Both mean the same thing, do not trust me. I overpromise<\/strong>. <\/p>\n\n\n\n

    Why Should you Care about Trust?<\/h2>\n\n\n\n

    Clients and bosses do business and give jobs \/promotions to people they know, like, and Trust. There is a difference between being liked and trusted. It would be best if you were both. It is better to be trusted than to be liked, but I believe that all trusted people are loved. If you are liked, then you can build Trust faster. The concept of “like” is easy to understand, but the idea of Trust is often not well understood and practiced.<\/p>\n\n\n\n

    If I like you, I will listen. If I trust you, I will buy. The more value you provide, the more Trust you build. Client spending is proportional to that Trust. You sell proportionally to the Trust earned.   <\/p>\n\n\n\n

    The order <\/strong>says to other customers that they can trust this business. It has a compounding effect. Word of mouth (WOM) is the most powerful of all Trust. People trust customers’ stories more because they relate to the people who tell them.<\/p>\n\n\n\n

    Trust is a shortcut bias. Many people do not have time to vet others, so once we get the badge of Trust, we can use it in the same manner that many marketers use branding. Trust is a powerful shortcut<\/strong> to getting new business and reorders.<\/p>\n\n\n\n

    All things are principles-based: e.g., health is based on nutrients, exercise, sleep, and low stress, so too relationship is <\/strong>based on Trust and generosity.<\/p>\n\n\n\n

    Every boss <\/strong>wants two things: you want to be trusting and reliable. Bosses place the highest premium on Trust; he says nothing in the world is more important. <\/p>\n\n\n\n

    If you don’t foster Trust within their organizations, you cannot turn into a trusted advisor. <\/p>\n\n\n\n

    You can get your idea torpedoed<\/strong> once someone is against you. You did not build Trust in your emotional account. They will get others to side with them to kill your idea. <\/p>\n\n\n\n

    Establish Trust, enabling people to collaborate <\/strong>effectively by allowing ways to be nimble<\/strong> in a highly regulated environment. When you trust, you let one-off mistakes go<\/strong>. <\/p>\n\n\n\n

    As A Manager<\/strong><\/h3>\n\n\n\n

    Trust in the team is much more important than skill and cannot be undervalued. Trust and honesty are the foundation of a team<\/strong>. <\/p>\n\n\n\n

    Building Trust inspires voluntary cooperation<\/strong>.<\/p>\n\n\n\n

    Trust and integrity are what people follow<\/strong>. Collaborations won’t work without mutual Trust.<\/p>\n\n\n\n

    Without Trust, your soldiers will not fight or be battle-ready. A battle-ready organization has high morale, has been in crisis, and has Trust among all members. <\/p>\n\n\n\n

    Psychological safety: <\/strong>We all want honesty and Trust in our relationships. People lie for two reasons, to avoid punishment or prevent getting caught. Punishment erodes Trust. There is terror, especially around mistakes. Mistakes make People afraid to talk, especially in meetings.<\/p>\n\n\n\n

    If you must criticize<\/strong>, take a page out of Warren Buffet’s book and compliment first to build Trust because only friends compliment.<\/p>\n\n\n\n

    Once you have built Trust, they will be willing to share information they previously kept hidden with you. Provide positive reinforcement to help them accept your viewpoint and move forward<\/p>\n\n\n\n

    Suppose there was no trust…no one would take risks. No risks would mean no exploration, no experimentation, and no advancement. <\/p>\n\n\n\n

    Being aggressive and refusing to collaborate or compromise doesn’t encourage Trust, only fear.<\/p>\n\n\n\n

    Blind Trust<\/strong> is bad. It makes the dog jump off the roof because the master calls it, but there is tremendous skepticism in today’s society. You cannot just take that to the bank anymore. Banks have gone bust. Blind Trust is out the door<\/strong>.<\/p>\n\n\n\n

    Trust but verify<\/strong>. Distrust & caution are the parents of security. Expect what you inspect. Low Trust needs management, but that is not scalable. You want to move from low-trust management to high-trust stewardship.<\/p>\n\n\n\n

    Seven Laws to High Trust Stewardship of Directs <\/h1>\n\n\n\n
    1. Clear Communication of vision<\/strong>