Why is it important to develop trust?

Their presence strengthens relationships by allowing people to live and work together, to feel safe and to belong to a group. Trust in a leader allows organizations and communities to thrive, while a lack of trust can lead to fragmentation, conflict, and even war. One definition describes trust as “trusting in the character, ability, strength, or truth of someone or something.” Think about that definition for a moment. Trusting means trusting another person to do the right thing.

You believe in the integrity and strength of the person, to the point that you are able to take risks and take some risks for yourself. Trust is essential for an effective team, because it provides a sense of security. When your team members feel safe with each other, they feel comfortable opening up, taking the right risks, and exposing vulnerabilities. Without trust, there is less innovation, collaboration, creative thinking and productivity, and people spend their time protecting themselves and their interests; this is the time that should be spent helping the group achieve its goals.

Trust is also essential for sharing knowledge. A study published in the “Journal of Knowledge Management” found that trust was a key element in the acquisition of knowledge by a team. Simply put, if your team members trust each other, they're much more likely to share knowledge and communicate openly. Being trustworthy also makes you more likable.

It makes it more likely that you will be promoted or that your colleagues will recommend you positively. Unlock the potential for new or faster growth within your company. Successful leaders tend to have higher levels of emotional intelligence, so it's definitely a good skill to start developing. So how can leaders build trust? It all starts with creating a safe environment where people feel comfortable expressing themselves and taking risks.

By investing in leadership training and development, organizations can ensure that this crucial element of success is always at the forefront, resulting in greater employee engagement, better team performance, and higher levels of productivity.