In this episode of the Money Rehab with Nicole Lapin podcast, the discussion centers on building and maintaining trust in the workplace. Rachel Botsman and guest Minda Harts explore how trust fosters collaboration, risk-taking, and open communication among teams. They examine how factors like leadership, organizational culture, and remote work dynamics impact trust levels within an organization.
The conversation highlights practical strategies leaders can employ to cultivate trust, such as setting clear expectations, modeling vulnerability, and effectively managing conflicts. Botsman delves into the unique challenges of trust-building in remote and hybrid work environments, offering insights on adapting communication styles and leveraging virtual team-bonding activities.
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Trust fosters collaboration, risk-taking, and open communication across teams and organizations. Minda Harts and Rachel Botsman assert trust is universally recognized, transcending cultures.
Botsman highlights the importance of tailoring trust-building efforts based on team size, work setting, and responsibilities. Leaders shape the environment influencing the level of trust.
Psychological safety, per Amy Edmondson, allows people to make mistakes without fear. But personal security is influenced more by one's past experiences than by leaders, says Botsman.
Botsman emphasizes clearly communicating expectations around work quality, timing, and behaviors. Leaders should explain their intentions transparently.
By openly admitting mistakes and discussing fears, leaders model vulnerability, fostering psychological safety and trust within teams.
How leaders handle mistakes and conflicts, while preserving dignity, deeply impacts organizational trust. Crises, if addressed properly, can improve trust.
Remote work reduces crucial nonverbal signals that subconsciously influence trust. Leaders must adapt communication styles accordingly, says Botsman.
While virtual tools exist, Botsman notes in-person interactions remain valuable for specific outcomes. Unexplained return-to-office mandates can erode trust.
To build remote team trust, leaders should overcommunicate, have regular check-ins, and create virtual bonding opportunities.
1-Page Summary
Trust is a cornerstone of strong workplace relationships, critical for effective teams and organizations. It fosters collaboration, risk-taking, and open communication across all levels of an organization.
Minda Harts assertively discusses that trust is a global language, one whose presence or absence is felt universally, whether in the UK, Tokyo, or Los Angeles. This universal nature of trust is reiterated by Rachel Botsman, who, through the teaching experience at Oxford, observes that trust transcends cultures. Regardless of background, nationality, or career stage, people universally recognize and respond to trust.
Leaders and managers have the ability to control and shape the workplace environment, influencing the level of trust within their teams. Rachel Botsman accentuates the significance of context in trust-building efforts. Factors such as team size, working arrangements—whether remote or in-person—whether the team is new or established, and the nature of the work must be considered when strategizing on building trust.
Rachel Botsman highlights Amy Edmondson's concept of psychological safety, defining it as creating an environment where people can take risks, make mistakes, and show vulnerability without fear of negative ...
Building and Maintaining Trust In the Workplace
Rachel Botsman emphasizes the importance of specific actions and attitudes leaders should adopt to build and maintain trust with their teams.
Botsman champions the critical practice of setting clear expectations, which she says applies universally across different team sizes and work contexts. She encourages leaders to hone their skills in clearly communicating their expectations around the quality and timing of work, as well as expected behaviors in the workplace.
Leaders should deliberately formulate and transmit their intentions, be it elucidating the purpose of a meeting or articulating the reasoning behind a particular decision.
Leaders play a crucial role in encouraging psychological safety; by showing that they can make mistakes, deal with intentions openly, and make responsible decisions, leaders display vulnerability which in turn fosters trust. Botsman suggests that leaders should engage in social mimicry to form cultures of trust by demonstrating vulnerability themselves. Leaders need to track or receive feedback on how often they admit ignorance, express humility, or discuss their fears and concerns openly.
Effective management of mistakes and conflicts, in a manner that respects dignity and humanity, is paramount to upholding trust within a team. Misconceptions about trust, such as the false belief that increased workplace transparency automatically fosters trust, are addressed by Botsman, who clarifies that understanding the context of decisions is more critical than full visibility.
She describes trust as a confident relationship with the unknown, arguing that a need for constant visibility and tracking is indicative of distrust. Trustworthy relationships don ...
Fostering Trust Through Leadership Practices
Rachel Botsman addresses the challenges remote and hybrid work models pose to building and maintaining trust within teams.
The shift to remote and hybrid work has led to the loss of nonverbal signals, such as the energy felt in the room or body language. Botsman points out that, whether consciously or unconsciously, these cues play a crucial role in the decision of whether or not to trust someone.
Botsman emphasizes that while teams have access to tools for remote communication, many have not been trained to adapt their communication styles to accommodate the lack of nonverbal cues. Teams must learn how to effectively message and check in on intentions or feelings in a way that isn’t perceived as surveillance or micromanagement.
The necessity for in-person interaction is not obsolete in remote work environments. Botsman notes the importance of meeting in person for specific outcomes, underscoring the irreplicable aspect of "human chemistry."
Botsman criticizes initiatives mandating a return to the office without clear communication regarding the reasons behind such decisions. She argues that trust can be eroded when directives are not acc ...
Impact of Remote and Hybrid Work on Trust
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