Untrustworthy Ceos
Essay by review • November 26, 2010 • Study Guide • 582 Words (3 Pages) • 1,022 Views
Powerpoint Presentation
Executing Leadership Greatness.
Special Recognition - Denton, M, Self Paced People and Change Management: CD ROM
TOPIC
What do you as a leader do, if employees don't trust in you as the CEO?
What can employees do if they don't trust in the CEO?
This topic applies to you!
Agenda
Topic
Impacts
How does a CEO lose trust
How can it be rebuilt
What can an employee do
Conclusion
What are the impacts?
Trust relationship gaps are one of the biggest stumbling blocks towards greater transparency, and better workplace relationships.
Quite simply, If you have lost the trust of your employees - you have lost your credibility as an effective leader.
This will have a direct impact on your future as CEO
You can lose trust by:
Denying responsibility or wrong-doing.
Breaking an agreement with your employees - true integrity is based on keeping to your agreements
Promoting self at the expense of others.
You can also lose trust by :
Not taking appropriate action when others engage in unethical behavior.
Not living the Corporate standards of your firm.
Not following through on commitments
Not communicating openly - even the simple act of being vague and ambiguous can build confusion which creates mistrust.
Do you trust me? - Practical exercise
Building Trust - The Process
You can Play Monopoly!
Because you will need to "Start at the Start"
This means starting with you!
This is where you will have the most impact and get the best results.
What to do.
Identify the actions (or lack thereof) that has been the cause of the mistrust.
To help you do this, you can utilize:
Self assessment, 360 degree feedback sessions, Company feedback surveys, mentor discussions or a professional coach)
Identify the hot spots and take action.
Be mindful that changes will not occur overnight.
Some Good trust enablers:
Trust builds trust, so engender trust in your employees by empowering them.
By empowering responsibilities and authority to employees, shows that they are trusted, and enhances motivation.
If they should make errors support them and (as CEO) share the blame.
But if you should make a mistake - Admit to it and take full responsibility.
Some guiding principles.
Always be truthful. "The truth is never negotiable" (Denton Mindset of a Champion)
Deliver on your promises by managing expectations, establishing clear boundaries, honoring
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