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Build Trust

In: The Idea Chase Seven Principles for Breakthrough Innovation

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  • Albert H. Segars

Abstract

Trust may be the most difficult principle to tangibly capture in description but it is also a unique bond that holds a community together, particularly in the very toughest times. As noted in Churchill’s quote, it is the courage to speak and the courage to listen. This is most likely to occur in a context where one feels safe and supported in both rain and shine. That context has to be predictable, reliable, and reciprocal for all members of the community. When there is a strong presence of trust, then an organization will almost never lapse into chaos or disarray. Instead, when times are toughest, tightly connected groups tend to become more resilient, more egalitarian, and develop a greater bond that is built on mutual trust…

Suggested Citation

  • Albert H. Segars, 2023. "Build Trust," World Scientific Book Chapters, in: The Idea Chase Seven Principles for Breakthrough Innovation, chapter 6, pages 135-155, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811267796_0006
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    Keywords

    Ideas; Innovation; Strategy; Management; Invention; Diversity; Inclusiveness; Discovery; Investment; Teamwork; Teambuilding; Breakthrough; Leadership; Creativity; Inspiration; Entrepreneurship; Design; Creation; Change; Transformation; Data; Analytics; Forecasting; Revelation; Disruption; Illumination; Synergy; Esprit de Corps; Risk; Project Management; Scenarios; Storytelling; Opportunity; Collaboration; Search; Pilgrimage; Goals; Objectives; Performance;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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