Chapter 8 Third Wave Organizational Trust | The Speed of Trust by Stephen Covey - Video

In this The Speed of Trust quick summary video, we delve into Chapter 8: Third Wave Organizational Trust. Trust, a fundamental aspet of personal and professional relationships, plays a pivotal role in organizational success. We’ll explore how trust functions at the organizational level, why it’s essential, and how you, as a leader, can contribute to building and measuring trust within your organization.

The Speed of Trust Quick Summary

Trust at the organizational level is a critical component of success. It’s a two-way street involving not only the trust employees have in their leaders but also the trust leaders have in their teams. When trust is prevalent in an organization, it fosters collaboration, transparency, and innovation. It reduces costs, improves efficiency, and creates tangible value.

Chapter 8: Third Wave Organizational Trust

Chapter 8 of “The Speed of Trust” introduces “Third Wave Organizational Trust.” This wave represents the evolution of trust in organizations, moving beyond mere interpersonal relationships to a broader scope of trust that encompasses the organization. In this chapter, Stephen Covey explores the principles and practices leaders can implement to establish and maintain trust at this level.

Covey’s Formula for Measuring Trust

Covey’s book provides a formula to measure trust within an organization. This formula helps leaders gauge the level of trust and identify areas that need improvement. By understanding and applying this formula, leaders can work towards creating an organizational culture characterized by high trust, which is essential for long-term success.

As you explore this quick summary, you’ll gain valuable insights into how trust functions in an organizational context, and you’ll be equipped with practical tools to build and measure trust within your workplace.

If you’re ready to take your leadership skills to the next level and create a high-trust organization, don’t miss the opportunity to explore our leadership courses on Emeritus. These courses will help you develop the leadership qualities necessary to foster trust, drive innovation, and lead your organization to new heights.

Watch All the Chapters Now

• Chapter 1 Why High Trust Makes Business Sense
• Chapter 2 First Wave Self-Trust 
• Chapter 3 Building Credibility Through Integrity 
• Chapter 4 Building Credibility Through Intent 
• Chapter 5 Competence = Capabilities + Results 
• Chapter 6 Second Wave Relationship Trust Through Character 
• Chapter 7 Second Wave Relationship Trust Through Competence 
• Chapter 8 Third Wave Organizational Trust 
• Chapter 9 Fourth Wave Market Trust 
• Chapter 10 Fifth Wave Societal Trust 
• Chapter 11 Restoring Trust