High Trust leads to:
Higher levels of productivity – extending high trust to employees typically leads them to feel empowered make decisions and allowing them to work more effectively. Decisions can be made quicker.
Enhanced Safety Culture – in a high trust environment employees feel safe raising concerns, admitting mistakes, providing full disclosure and transparency when things go wrong leading to better learning outcomes.
Higher employee engagement and retention – people in high trust environments tend to feel valued and respected for their contribution, regardless of their level/role within the organisation, leading to increased loyalty and commitment to company success.
Innovation and collaboration – in high trust environments people are not inclined to want to protect their patch or withhold ideas/information, ideas flow freely because it is not a competition within the organisation. There are no hidden agendas.