trust

Examples of trust in the following topics:

• Trust: the foundation for a successful relationship

  • One of the most important elements in developing a successful, long-term relationship is trust.
  • Trust affects the quality of every relationship, every communication, and every project.
  • Trust can be defined as the belief that one party will fulfill its obligations.
  • Demonstrating competence can be the fastest way to increase trust (Covey, 2006).
  • The relationships you select should be ones where you would like to increase trust, and where, by improving trust, you would get far better results professionally (Covey, 2006).

• Anti-Trust Laws

  • Wilson sought to encourage competition and curb trusts by using the Federal Trade Commission to enforce the Clayton Antitrust Act.
  • In addition to the Underwood tariff, which seemed to finally resolve the political debate over tariff rates, and the creation of the Federal Reserve, Wilson also supported anti-trust legislation.
  • Wilson deviated from his presidential predecessors, who relied on lawsuits to break trusts and monopolies, by founding a new trustbusting approach through encouraging competition through the Federal Trade Commission.
  • Rather than the piecemeal success of Roosevelt and Taft in targeting certain trusts and monopolies in lengthy lawsuits, the Clayton Antitrust Act effectively defined unfair business practices and created a common code of sanctioned business activity.
  • Wilson uses tariff, currency and anti-trust laws to prime the pump and get the economy working in a 1913 political cartoon.

• Working with Management

  • To promote intrapreneurship and ensure good ideas are implemented, managers and employees should focus on communication and building trust.
  • This can lead to more efficiently run projects and management having more trust in their employees.
  • Trust is an important component when a business wants to promote intrapreneurship.
  • Trust between both parties can make employees feel more comfortable and thus more likely to make suggestions.
  • If management trusts their employees, they are more likely to consider any suggestions that employees make.

• Indenture

  • A bond indenture (also called a trust indenture or deed of trust) is a legal contract issued to lenders.
  • In the United States, public debt offerings in excess of $10 million require the use of an indenture of trust under the Trust Indenture Act of 1939.
  • Bond indenture (also trust indenture or deed of trust) is a legal contract issued to lenders.

• Relationship Selling

  • Lawyers build relationships based on trust with their clients.
  • Clients need to be able to trust their lawyers discretion and knowledge of the law and those who trust their lawyers are more likely to refer their lawyers to family and friends.
  • When enough people in your marketplace know, like, and trust you, sales are the natural result.
  • When you need to make a purchase, you call someone you know or go to a trusted store that sells the product you want.
  • You want your customers to trust you, so that means you have to be honest with them.

• Reducing Barriers and Promoting Healthy Conversations

  • Lack of Trust: the most important factor behind a lack of communication in an organization is competition, which leads to a lack of trust among the various employees.
  • Lack of Trust: The most important factor behind a lack of communication in an organization is competition, which leads to a lack of trust among the various employees.
  • Lack of Trust: the most important factor behind a lack of communication in an organization is competition, which leads to a lack of trust among the various employees; share information, communicate openly and honestly, involve others in decisions.

• Foundations of successful relationships

  • Earlier we discussed the importance of trust in a relationship.
  • Trust, however, is only one building block of several involved in the creation of strategic partnerships.
  • Mutual trust: Not all building blocks are created equally; the most important of the five foundational elements is mutual trust.
  • As previously mentioned, trust is the confidence one party has in another to perform an action as agreed.
  • In order for a partnership to be successful, trust must be mutual.

• Dormant Committers

  • You trusted his judgement before, so why not trust it always?

• Establishing Credibility

  • If audiences don't trust you, they won't listen to you.
  • Unfortunately, their trust is based on superficial, silly, and irrelevant factors in addition to legitimate concerns.
  • Preparing a good speech is not enough to gain the audience's trust and respect--you also have to prepare yourself.
  • The following strategies can help speakers convince their listeners that they deserve trust and respect:
  • Trust is contagious too--audiences will trust you more readily if you can prove that other people value your expertise.

• From Competition to Consolidation

  • Rockefeller organized his Standard Oil of Ohio as a common-law trust .
  • Trustees were given corporate stock certificates of various companies; by combining numerous corporations into the trust, the trustees could effectively manage and control an entire industry.
  • Within a decade, the Cotton Trust, Lead Trust, Sugar Trust, and Whiskey Trust, along with oil, telephone, steel, and tobacco trusts, had become, or were in the process of becoming, monopolies.