Photo Credit Willie Holdman www.willieholdman.com

Intelligently Brief Insights on The Speed of Trust posted occasionally from the wild wild west of North America.

Archive for October, 2008

Klaus Schwab Chairman of The World Economic Forum

Friday, October 24th, 2008

Klaus Schwab, Chairman and Founder, World Economic Forum had this to say  The Speed of Trust… is even more relevant in the world we have seen evolving over the last months. Congratulations and thank you!” 

 

Link and Covey learn to use their laptops.

Friday, October 17th, 2008

 

Stephen and I really relate to this as we are not the most tech savvy members of our team.  Thank you Steve Jobs for giving us a fighting chance with our iPhones and MacBooks.

Speed of Trust on CNN

Monday, October 13th, 2008

 

Mellisa Long & Stephen M. R. Covey

Mellisa Long & Stephen M. R. Covey

Stephen M.R. Covey talks about what role trust plays in business and relationships.  Stephen was interviewed by Mellissa Long on CNN about trust in themarketplace. 

 

 

CNN:British Prime Minister Gordon Brown today on Trust

Monday, October 13th, 2008

“The most precious asset of all is something that if lost, can only be
restored not by words, but by actions, that is the asset of Trust and
confidence “
   British Prime Minister Gordon Brown CNN Oct 13th 2008

Fatal Flaw in Facebook, Linked in and other Social Networks

Tuesday, October 7th, 2008

As I see it, the ultimate value of the Social Networks is still up for grabs even though it is growing worldwide.  The potential fatal flaw is that rather than enhancing your reputation you may damage it by loosely giving access to your most trusted relationships. Consider this: Do you have a multiple year, deep trusted relationship with your social network friends or a 1 year acquaintance repeated multiple times? With Trust depth matters.

Social networks are filled with loose mutual acquaintances but rarely our most trusted influencers. Why? Because it would violate the very level of trust the relationship is based on to openly expose your most influential high trust relationships to random access from others you barely know! This is the same reason customers are reluctant to risk their reputation by referring their trusted colleagues and friends to salespeople. The speed of your trust and reputation, your social capital and influence, resides in your carefully nurtured “Trustwork” not your loose network of acquaintances. Mix the two haphazardly and you risk your reputation with your most trusted friends.  Many of the acquaintances in your social networks, are simply “potential” candidates for you to up-level and earn deep mutual respect with, and they with you,  by demonstrating consistent behavior over time that inspires each person’s trust. Facebook,  Linkedin and others provide a rich opportunity to meet new friends trusted by people you trust.  This  is the ultimate value of networking. In fact research shows that loose acquaintances were more likely to lead to a job referral. So social networks do have value.  Just be sure to extend smart trust and check new friends track records before introducing them to your Trustwork™ of long nurtured high trust relationships until they earn that extraordinary level of trust.

The game of friending anyone and everyone to show a large network number also seems risky.  Clarify your expectations and think of how you would like others to access you. Build your network strategically based on your objectives.  The intent of the network providers is to attract eyeballs and mindshare any way they can and find ways to monetize that attention.  The jury is still out on how they will do that.  Meanwhile, we are trusting them with considerable information so be smart out there.

Stephen Covey Greg Link

About CoveyLink

Stephen M. R. Covey and Greg  Link are co-founders of CoveyLink & The Global Speed of Trust Practice with worldwide license partner FranklinCovey. We advise and train leading organizations, government agencies and educational entities to transform toxic relationships, toxic teams and toxic cultures to high trust, high performance, fully engaged growth engines.  We have presented keynotes is over 40 countries around the world based on our  New York Times and Wall Street Journal #1 bestseller, The Speed of Trust: The One Thing That Changes Everything and our new, already #1 book, Smart Trust: Creating Prosperity, Energy and Joy in a low Trust World.

 

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