Aaron became the divisional vice president of a technology firm about six months ago. He knew he was taking charge of a hot mess — his predecessor had led poorly, resulting in mediocre performance, low employee morale, and bad feelings all around.
Aaron realized early on that the foundational building block needed to begin to turn things around in the division was trust. He viewed trust as the basic DNA of high performing teams, productive employees, resilience, innovation, and all the good things that come from strong, positive leadership. For more about trust, read Arden Coaching’s blog, “Essentials of Team Performance: Trust.”
After four months, however, he felt that his team was still struggling. Aaron had made progress, but something was holding everyone back. Working with his executive coach, Aaron reviewed where he thought he was with trust. “Trust isn’t a monolithic thing” said his coach, Susan. “Trust is comprised of several components. And a tool that I find useful in my coaching is the “Trust Equation.” The Trust Equation is a conceptual formula that clearly breaks down the major components of trust:
TRUST = C (credibility) + R (reliability) + I (intimacy) S (self-orientation)
Reviewing each element, Aaron felt comfortable with most of the pieces:- Credibility: Do you demonstrate that you know what you are doing?
- Reliability: Do you deliver on your promises?
- Intimacy: Do people feel safe and comfortable with you?
- Self-Orientation: Do you show that you are most concerned about your team, not yourself? (More to come in future blogs)