As the U.S. economy slows, it causes a global ripple effect.  When the going gets tough, budgets, projects, money, customers, and jobs gravitate to the “go-to” performers that are trusted.  High trust teams outperform low trust teams by as much as four times.  Why?  They execute at The Speed of Trust. 

Leading-edge companies are asking one important question in employee evaluations:  Do you trust your boss?  These companies have learned that the answer to this one question is more predictive of team and organizational performance than any other they might ask.  The number one reason for costly employee turnover is the relationship they have with their immediate supervisor.  We are facing a crisis of trust and business ethics.  In the U.S., only 51% of employees have trust and confidence in senior management.

Stephen M. R. Covey has recently been invited to present The Speed of Trust to the World Economic Forum  in China September 27^th.  The China forum is dubbed “summer Davos” and is a meeting for what are termed “Global Growth Companies”.   Stephen said “ It is such and honor to address this group of influencial world leaders who’s motto is entrepreneurship in the global public interest’. They believe that economic progress without social development is not sustainable, while social development without economic progress is not feasible. I agree.”

The forum will be hosted in Tianjin, China just 90 minutes east of Beijing and across the bay from Dalian the site of last years forum. 

The World Economic Forum’s Community of Global Growth Companies forum was created to recognize the next generation of industry leaders. It supports them as they navigate the challenges of new geographies, markets, cultures and regulatory systems as they become a major driving force in social and economic development.

The World Economic Forum’s Community of Global Growth Companies consists of companies that:

• Are expanding outside their traditional boundaries
• Experience growth rates exceeding 15 per cent year-on-year
• Have revenues typically between US$100 million and US$ 2 billion
• Have demonstrated leadership in a particular industry
• Have an outstanding executive leadership.

Stephen and I will join CEO’s and senior executives from the world’s leading organizations including Nokia, Deloitte Touche Tomatsu, Duetsche Bank,  Peking University, KPMG,  Infosys,  Swisscom, Chevron, Dabur India, Harvard, Best Buy, Burger King, Volvo and journalists from CNN, The Financial Times, China Daily, New York Times, Time magazine and many others.  This is a meeting that will make the ultimate ripple effect of influence and we are privileged to be invited to address them.