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The Importance of Trust in Modern Economics
72
Transcript
BUSINESS ETHICS
The Importance of Trust in
Modern Economics
Otilia Preda, 1204
20/12/2021
WHY IS TRUST IMPORTANT?
WHAT TRUST IS
ORGANIZATION
INTERDEPENDENCE
CONFIDENCE
THE 8 PILLARS OF TRUST
CONSISTENCY
CONTRIBUTION
CLARITY
COMPETENCY
ACHIEVING TRUST
CHARACTER
CONNECTION
COMPASSION
COMMITMENT
EMPOWERMENT AND RESPONSIBILITY
BETTER MORALE
THE BENEFITS OF TRUST
A deeper look into the influence of creating a trust-worthy working environment:
BUSINESS
IMPROVEMENT
INCREASED
PRODUCTIVITY
ENHANCED TEAMWORK
FASTER
DECISION-MAKING
CONCLUSIONS
Without a sense of trust, there will be no team.
This lack of teamwork will eventually lad to the downfall of any organization.
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