The Elements of Trust

Trust within organizations and teams is essential for them to be high performing. I have been within multiple teams now and read many posts on trust within organizations but this one is one of the best.

Team members need to be open and able to be vulnerable . Leaders need to instill a culture of transparency and when trust is built within teams which I have seen employees are not just more productive but considerably happier. I have also found that trust is often built outside of work a lot quicker be it a quick coffee with other team-members or drinks after work. Morality, competence and alignment as mentioned above are important but in my experience leaders with strong soft skills, emotional intelligence can build accountability within their teams and inherently trust.

I am continuing to re-blog posts I enjoy and will try to post my own content twice a week but re-blog daily. Glatt Consulting has some great content lets get them some more followers.

For an overview of the 5 dysfunctions of a team see the link here.

G| Glatt Consulting

Trust. Trust is so important to organizational success. Trust is what teams are made of. Why is it, then, that trust is so hard to understand, build, and sustain? I think I know the answer.

What I’ve come to appreciate over the 20+ years of consulting to credit unions and other organizations is that trust is not one singular concept, but a concept made up of three distinct elements. Miss any one of the three, as organizations frequently do, and trust cannot exist.

So what are these three elements of trust?

Elements of Trust

Element One: Morality – Morality is typically defined as the “principles concerning the distinction between right and wrong or good and bad behavior.” To trust someone means that you believe the person in question can distinguish between what is right and wrong, and will make the appropriate choice to do what is right the majority of…

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The Future of Accounting Reblogged

I have been in accounting and finance for a while now over 10 years and I have noticed many individuals stuck. It is good to see the students thinking about this. Also looking at what CFO’s are looking for in a skillset is a large change. I am excited to see what the future brings for this profession and feel like training for accounting needs to change and be more aligned to technology and management information systems. The CPA leadership has started to understand this is essential to keeping the profession relevant. I will be starting to explore this more in my reading and blog.

Fahim Moledina

Technology in Accounting

It comes as no surprise how technology has made an impression in accounting offices. The talk of technology is one that will either raise fear or joy within accountants on what this may mean for their future career. In this post we will be addressing the pros and cons of technology taking place in accounting.

Pros

It’s clear how technology in accounting will be beneficial for various organizations. Since technology comes with the promises of improved productivity and efficiency within the workplace, organizations are motivated to implement them within their own businesses. Some examples of the benefits include:

  • Automation

By implementing new accounting software, doing tasks such as entering data, creating electronic documents, and producing receipts can be handled completely electronically. The systems prepare simple data entry to make it easy for accountants to input data and click a single button to generate financial reports.


  • Better Relationships With Clients

With…

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My Development as a future leader- Reblogged

Great post on leadership theory with some practicality mixed in. I am continuing to write but each day want to post some content I have read.

change managment

Blog 2- My development as a future leader

Leadership is the process of influencing others to understand and agree about what needs to be done and how to do it (Yukl,2010:26). Leadership is not only about the leader, it is also about how an individual builds confidence in his team. (Leading In a Changing World, 2012)

Leadership plays an important role in the business environment. There are different types of leadership some of them are:-

Fig 1. Types of leadership style.

All leadership have its own importance where as I come from a country where autocratic leadership style in this leadership the power is in manager’s hand he takes all the decision in the team. Where as in United Kingdom democratic leadership style is used in this leadership style power is in the group they interact with each other and make decision.

My leadership brand

Academic theories helped me in…

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How Internal Communications Can Make or Break Your Marketing Campaign — Market Business News

Individual expertise and access to resources are important factors in determining the eventual success of a marketing campaign, but an underrated factor is internal communication. Even if you have talented specialists with combined decades of experience, your campaign can fall apart if your people aren’t collaborating effectively. Conversely, even a team of relatively inexperienced people…How Internal... Continue Reading →

Leading with Influence

Leadership can be complicated but effective leaders in today's workforce need to now be less authoritative and now have the skills to influence others to gain consensus or agreement to move initiatives forward in a way where people are bought in and motivated. The ability to influence is an essential leadership skill that as a soft skill is increasing in demand as leaders need to inspire, persuade and rally their staff so they have commitment to a shared goal.

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