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Trust is the foundation of all successful relationships, especially in a business context.

Quick summary

In business, building strong relationships is key to success. When two parties trust each other, they are more likely to work together over an extended period of time. This leads to a deeper understanding of each other's strengths, weaknesses, and goals, which can help to build a more sustainable partnership.

When the chips are down, rely on those you trust.

People of trust are often considered to be the better choice when it comes to aligning with for a business compared to those people of performance. The reason for this is that trust is the foundation of all successful relationships, especially in a business context. When two parties trust each other, they are more likely to communicate effectively, be open and transparent, and work together towards a common goal. In contrast, aligning with people who prioritise performance over trust can often lead to a lack of communication, mistrust, and misaligned goals.

One of the most significant benefits of aligning with people of trust is that it helps to create a positive work culture. A work culture based on trust is one in which employees feel valued, respected, and supported. This in turn leads to increased job satisfaction, lower levels of stress, and higher levels of productivity. When employees feel that they can trust their co-workers and leaders, they are more likely to engage in creative problem-solving, collaborate effectively, and take calculated risks. On the other hand, when employees feel that they cannot trust their colleagues, they may become disengaged, less productive, and less likely to innovate.

Another benefit of aligning with people of trust is that it helps to build long-lasting relationships. In business, building strong relationships is key to success. When two parties trust each other, they are more likely to work together over an extended period of time. This leads to a deeper understanding of each other’s strengths, weaknesses, and goals, which can help to build a more sustainable partnership. In contrast, aligning with people who prioritise performance over trust may lead to a short-term partnership that falls apart as soon as one party feels that the other is not meeting their expectations.

Trust also helps to build a more transparent and honest business environment. When people trust each other, they are more likely to share information, ask for help, and admit to mistakes. This leads to a more open and honest dialogue, which can help to identify and resolve problems more quickly. For COG Branding we understand honest dialogue and how important it is to communicate with clarity at all times. When people do not trust each other, they may be less likely to share information, ask for help, or admit to mistakes; for a Sydney Brand Agency like COG Branding this is critical. it can often lead to a lack of communication, misunderstandings, and an inability to resolve problems effectively.

The Top 5 Business Benefits To Having Trusted Relationships.

  1. Increased trust and credibility: A trusted business relationship increases the credibility of both parties, making it easier for them to do business with each other.
  2. Improved communication: Trusted business relationships are built on open and honest communication, leading to more efficient and effective collaboration.
  3. Better problem solving: When business partners trust each other, they are more likely to work together to solve problems and find mutually beneficial solutions.
  4. Increased cooperation and collaboration: Trusting relationships often lead to increased cooperation and collaboration, allowing both parties to work together more effectively towards common goals.
  5. Increased profitability: A trusted business relationship can lead to increased profits for both parties, as they are able to work together more effectively to generate new business opportunities and achieve shared goals.

We know when we align with people of trust it creates a sense of security and stability in a business. When people trust each other, they feel more secure in their roles and less likely to be impacted by external factors such as market changes or competitive threats. This sense of security can help to create a more stable business environment, which is essential for long-term success. Remember, if you have a trustworthy person you can teach performance. On the other hand, aligning with people who prioritise performance over trust can create a sense of insecurity and instability, which can lead to a lack of focus, decreased productivity, and ultimately, business failure.

Navy Seals
In the video below, Simon Sinek talks about working with Navy Seals. Navy Seals are probably the highest performing teams on the planet. In his work with Seals, he asked, “How do you choose the guys that make it to Seal Team 6?”. Seal Team 6 is the best of the best. The Seals drew the graph in the video below.

Be a Leader or Team Mate?
Nobody wanted someone from the lower left: Low Performer and Low Trust. Everyone wanted someone from the upper right: High Performer and High Trust. When Simon asked them which type of person they want as a leader or teammate, they all said they would prefer someone on the right side of the chart than the best performer who had low trust. Keep in mind that these are the highest performing teams in the world. But they would select Trust over Performance when it came to a leader or a teammate.

COG Branding are big on culture and performance, trust underpins this equation. Aligning with people of trust is essential for creating a positive work culture, building long-lasting relationships, promoting transparency and honesty, and creating a sense of security and stability in a business. When our clients trust our professional marketing team, they’re more likely to communicate effectively, be open and transparent, and work together towards the common goal that agency and client both a have a stake in.

When looking to align with people for a business, especially when the chips are down and a strong headwind is blowing – it’s essential to prioritise trust over performance.

Until all of us have made it, none of us have made it.

Every business worth their salt should be steered by a captain at the helm who is driven with passion and purpose to instigate positive change in the waters they sail. For COG Branding this is Luke Sullivan. You can reach him on his LinkedIn profile, and also rad through his vision here for COG Branding clients and team members.

Our brand marketing agency has a vision that relies on our everyday consistency in problem solving, providing clear transparent value and remaining innovative. By staying true to our purpose and ensuring value is at the core of our product and service suite, COG Branding believes our vision is our reality.

And this is something you can place trust in.

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MEET THE AUTHOR

Luke Sullivan

Luke Sullivan is a brand marketing expert that specialises in a small business. Active as the COG Branding Managing, you can reach Luke Sullivan on his LinkedIn profile.

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