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August 2008
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August 28th, 2008

Trust is the fundamental currency of business. Without trust our economies cannot function. And yet many organisations, teams and individuals struggle with trust. They struggle to gain their customers trust; they fail to develop their employees trust. Without trust stakeholders become cynical, disillusioned and de-motivated. Where they can, they move on. Hopefully to work with others (suppliers and employers) in whom they can trust.

How about your organisation? What level of trust do you think you deserve?

Here is a short test.

Consider how many of the following undermining behaviours are to be found in your organisation;

  • Saying one thing and doing another

  • Not following through on commitments

  • Taking credit for another’s work

  • Not sharing information in a timely manner or at all

  • Shooting the messenger

  • Listening with the intent to reply rather than understand

  • Not delegating the best assignments to help develop others

  • Revealing confidences and confidential information about others

  • Showing superficial concern about others

  • Acting like you know something you don’t

  • Being defensive about feedback

If you see any of these behaviours regularly demonstrated by your employees then you probably have a problem. One that without action on your part could lead to the destruction of any trust that still exists. Ultimately low or no trust organisations become dysfunctional and fail to achieve results. The end result is going to be failure.

What can be done?

Firstly, own up to the problem. Recognise and accept that it is a real problem; one that needs to be given priority. Also appreciate that it starts at the top. Building trust cannot be achieved if the prevailing attitude is - Do what we say, not what we do.

One of the most effective ways to build trust is to work with the 3 C’s (as used by Novations Consulting Partners).

Consideration - conveying a genuine interest in the well being of others. People are more likely to trust you if they believe you share their concerns about the success of the organisation, if they believe you care about their needs and if they believe you will go out of your way to help them when they need it.

Credibility - conveying evidence that you are trustworthy and have relevant knowledge, skills and influence. People need to have confidence that you have the required knowledge and ability to do your job and that you can successfully exert your influence to be effective in the role. Most importantly people must believe that you are ethical and honest.

Consistency - providing steady, reliable guidance, support and follow-through to accomplish the work. Consistency is based on reliability and dependability. It means making sure your actions match your words. It means following through on the commitments you make. It means setting clear standards and expectations and then providing the support necessary to attain the goal.

Creating a climate of trust taps into people’s desire to contribute and feel valued. People who trust and are trusted are more productive and loyal. They communicate openly and directly. They are willing to share ideas and take appropriate risks. They show creativity and initiative. In other words - organisations based on trust work better.

Wouldn’t you want to work in one yourself?

Trust - takes a lifetime to build and just a moment to lose. You might think about including a session on trust on the agenda of your next board meeting or team session.

And contact me on +44 (0)1252 727980 for more information and advice.

John Schonegevel is a Director of New Frontiers.

New Frontiers helps employers retain and develop great people. We specialise in developing and sustaining high performing people at work. High performance comes from skilled and motivated staff, working smoothly towards achieving clear goals.

We work to change peoples’ behaviours enabling them to increase their impact and value at work and significantly grow the contribution they make to their employer’s business results.

Our role is to support people in taking responsibility for meeting both their employers goals and their own, increasing their capabilities and so leading to sustained high performance, full engagement and ongoing enthusiasm at work.

New Frontiers is a Novations Consulting Partner

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August 28th, 2008

I accompanied a visiting friend from my apartment in Singapore to a taxi waiting downstairs.

He climbed into the back seat and promptly sat on a wallet left behind by the previous passenger.

My friend looked inside the wallet and found money, credit cards and personal identification. I suggested taking the wallet upstairs right away to call the owner. The taxi driver allowed me to copy down the necessary informationbut he wouldn’t let the wallet out of his sight.

He did not speak English well, but he made his message very clear. ‘My duty,’ he gestured to explain. ‘She left wallet in my taxi. I must report to company right away. Then I must return the wallet!’

This culture of honesty and personal responsibility deserves an honorable mention. Every year Singapore taxi drivers return hundreds of books, wallets and packages accidentally left behind by passengers.

The drivers consider it a matter of honor to return the items in person. Taxi companies consider it a commendable action and duly note the deed in a driver’s permanent record.

Bravo for the culture surrounding, and supporting, the taxi drivers of Singapore.

Key Learning Point
——————————————————————————–
When a culture is strong and supported, individual behavior naturally aligns with the intention and commitment of the group.

Action Steps
——————————————————————————–
What can you do to promote a strong culture? What actions should you take, and what traditions should you reinforce, to strengthen your culture and your values?

Ron Kaufman is an internationally acclaimed educator and motivator for partnerships and quality customer service. He is author of the bestselling “UP Your Service!” and founder of “UP Your Service College”. Visit http://www.UpYourService.com for more such Customer Service articles, subscribe to his Newsletter, or to buy his bestselling Books, Videos, Audio CDs on Customer Service from his secure Online Store. You can also watch Ron live or listen to him at http://www.RonKaufman.com.

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August 28th, 2008

“Fix your credit”, easy process. So says many internet ads I read daily. I thought, well,
that should be easy without their help since the FEDERAL law requires it. THE law
says “a credit bureau, when proven their data are wrong, must correct the error[s] within
30 days. REALLY? Ok. NOW, has anyone CONVINCED the bureaus? Apparently not!

HOW can I say that with such conviction? Cause I am now dealing with the FTC [Federal Trade Commission] to get my bureau reports corrected!!! THE BLOODY
FTC had to be contacted. That SEEMS like having to call the FBI when the neighbors
steal your newspaper when you have a front of the house security camera!

My story is important, thus my rantings! It can help you.

I am a real estate broker. Part of my tasks when I help someone to buy a property NOW includes making sure they have good credit if they choose to use an institutional lend.

I can’t guide others very well if I can’t get control over my own records it seemed to me!

I reviewed my records from several years ago and laughed at the errors. And the “pulls”; a notice that a broker or lender reviewed by credit with one or more of the 3 MAIN bureaus. I had at one time 160 pulls reported. That was and is excessive and it did drop
My score. I asked the three bureaus “how much did my score drop from these pulls?
They did not answer–that was 3 years ago. I finally got my three scores and I was
About 815, 800 and 740. Interesting numbers. Since I am also a college instructor
Of business, I like to know where numbers that others use, originate–meaning, what math was used or what formula is being used to arrive at a consequential number?
NO answer.

Hmmm.

I got a few loans for my clients and for myself.

Then one of my mortgage brokers told me he needed help with my correct social security
Number as more than one was listed on a bureau’s report. I felt that was the dumbest joke
I had ever heard–”no bureau is going to be that stupid to list two social security numbers!” HE was correct. Experian had listed two for me. I called. “Sorry, we do not comment on data on the reports.” Huh? Federal law? “We are not interested in the
Federal law.” Huh? THE USA federal law that governs what you can and cannot do?

“We do not care what the federal government says or does.”

NO way!!

I hired an attorney to investigate as this was beyond my comprehension. Two weeks later I got a response from Experian. “We do not respond to second party queries.”

That was as funny as it was absurd. When they get a judge’s judgment, I want to hear them say that as they are led to jail!

I got an update from the other two bureaus. ONE has given me 6 different names, an address I never lived at, and more absurdities.

I sent Experian proof of who I was and where I lived. “We are not interested. IF you want to correct something, apply for new credit. Whatever is on that report will be your
New data reported.” They were serious!

I contacted my AZ attorney general. They were not interested. I contacted my federal
Senators and representatives. They were not interested. I cannot easily believe that Experian and the other two bureaus have our government in their pockets.

ONE article re inaccurate data said to contact the FTC. I did so. Experian said they got
A report or query and are answering it.

NOW, when a client asks me about his credit, I actually say; the following are facts and
Make little sense when viewed together;

A; all credit report’s scores increase when one pays off debts perfectly.
B; all the scores are ARBITRARY numbers and thus, have no specific meaning.
C; all negative data on the reports falls off after seven years or sooner.
D; most if not all good data on reports can stay on indefinitely.

NO action on the part of any bureau or law firm or company can get any specific report
Modified if the bureau wishes not to change it and no specific score can be
Altered to gain or lose any specific number –it is random and arbitrary.

With this in mind, it makes no sense whatever why any financial institution uses these
Bureau’s scores to guide them on a lending basis.

YOU can have a score of 250 and if you make every payment perfectly, in seven years,
Your score will rise to 800 or higher. That is a fact.

BANKS and mortgage firms want customers to fight with the bureaus to get scores with errors corrected–but that is illogical since the bureaus do not care and rarely change
Anything.

IF you have different facts, plz send them to me. I wish this year, that the 3 bureaus
Face competition and disappear.

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