I recently decried the results of a survey that indicates U.S. workers’ trust in management continues to erode, even as the nation’s economy struggles to regain its footing. If ever there was a time when business leaders need the confidence and engagement of employees, it’s now.
According to the survey, only one in 10 employees trust management to make the right decisions in difficult times. In a telling bit of data, 7 percent believe their leaders’ actions match their words.
Such an alarming lack of trust has serious consequences for business. A workforce that doesn’t trust its management is one that is not very likely to invest itself in the difficult tasks ahead. Distrustful employees are more likely to spend their time griping about how their jobs suck, how the company is headed for disaster and how senior management is a bunch of buffoons. All of this chips away at productivity, morale and reputation. It drains the life right out of the organization.