The Speed of Trust (Review and Analysis of Covey's Book)
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About this ebook
This complete summary of the ideas from Stephen M. Covey's book "The Speed of Trust" shows that trust is a hard-nosed business asset which can deliver quantifiable economic value. This helpful outline will help you to manage this asset, by giving you ways to build and enhance trust, both in and outside your business.
Added-value of this summary:
• Save time
• Understand the key concepts
• Expand your business knowledge
To learn more, read "The Speed of Trust" and discover how to win people's trust for better results!
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Reviews for The Speed of Trust (Review and Analysis of Covey's Book)
2 ratings1 review
- Rating: 4 out of 5 stars4/5Incredibly helpful in a short time. Repetition makes for great learning and I loved the quotes from successful business leaders - it made it all relevant. I trust this summary!
Book preview
The Speed of Trust (Review and Analysis of Covey's Book) - BusinessNews Publishing
Book Presentation:
The Speed Of Trust by Stephen M. Covey
Summary of The Speed Of Trust (Stephen M. Covey)
Book Abstract
MAIN IDEA
Trust is not something which is merely touchy-feely
or nice-to-have
. Rather, trust is a hard-nosed business asset which can deliver quantifiable economic value. When trust is high, speed of execution goes up and costs go down. For that and other sound reasons, it makes good financial sense to consistently find ways to enhance trust levels both within and external to your business organization.
To build and enhance trust, you need a workable mental model. Visualize trust as being like the ripple effect
which occurs when a drop falls into a pool of water. That drop will generate a number of concentric waves. Trust is like this because it always flows from the inside out. In the case of increasing trust, there are five waves, each of which represents a context in which trust is established.
To turn trust from an intangible into an economic driver of value for you personally and for your business organization, work to consistently build the trust which exists in each of these five waves.
"Trust impacts us 24/7, 365 days a year. It undergirds and affects the quality of every relationship, every communication, every work project, every business venture, every effort in which we are engaged. Contrary to what most people believe, trust is not some soft, illusive quality that you either have or you don’t; rather, trust is a pragmatic, tangible, actionable asset that you can create – much faster than you think possible. I am also convinced in every situation nothing is as fast as the speed of