It can’t be overstated, but it’s often overlooked: Building trust with employees is fundamental to a company’s success.
Research shows that “employees in high-trust organizations are more productive, have more energy at work, collaborate better with their colleagues, and stay with their employers longer.”
It can even impact the bottom line: A PwC study found 91% of executives believe trust improves profitability, while a lack of trust can hurt financial performance, weaken brand value, and limit the ability to attract and retain talent.
Clearly, trust is a business imperative. But a sense of trust in an organization can be hard to define or cultivate.
Internal communications (IC) is a great place to start. In this post we’ll look at the elements of organizational trust, how IC can help build a culture of trust in the workplace, and five steps to create a holistic IC strategy to maintain and enhance trust over the long term.