60 pages • 2 hours read
Stephen M.R. CoveyA modern alternative to SparkNotes and CliffsNotes, SuperSummary offers high-quality Study Guides with detailed chapter summaries and analysis of major themes, characters, and more.
Covey outlines these as the foundational elements that make a person or an organization credible and trustworthy. The cores consist of integrity, intent, capabilities, and results. They reflect both the character and competence of an individual or an organization, and all four are necessary to fully establish credibility (which, according to Covey, builds trustworthiness and leads to trust).
This framework forms the backbone of Covey’s analysis of how trust operates on various levels; it reflects The Complexity and Multifaceted Nature of Trust and facilitates The Learnability and Restorability of Trust. Each “wave” symbolizes a different layer of trust—self-trust, relationship trust, organizational trust, market trust, and societal trust. The metaphor of waves provides a model for building trust from the inside out, beginning with personal credibility and extending outward to societal influence. Each wave is a distinct area where trust can be cultivated, and its absence can have profound implications.
Covey identifies these behaviors as the actions that high-trust leaders consistently exhibit to build and sustain trust. The behaviors, which include traits such as talking straight, creating transparency, and delivering results, are practical expressions of trustworthiness. By practicing these behaviors, leaders can inspire trust, improve relationships, and enhance their own effectiveness.
This term encapsulates Covey’s recommended approach to trust—a judicious mix of judgment and instinct. It’s neither unthinking trust nor automatic distrust, but rather a thoughtful balance that considers the context, risks, and credibility of the parties involved. This is the kind of trust that savvy leaders employ to foster innovation, collaboration, and robust relationships in personal and professional life; it is vital to Covey’s ideas about Trust as a Strategic Imperative and Leadership Tool.
Covey provides this tool for readers to measure and understand trust. It operates in two dimensions—character and competence, which correspond to Covey’s cores of credibility. Using this matrix, individuals and organizations can assess their trustworthiness, identify areas of strength and weakness, and work toward building high-trust relationships and environments.
Covey uses these terms to quantify the impact of trust in relationships, organizations, and society. The “trust tax” is a metaphor for the cost that distrust imposes—from slowed progress due to excessive oversight to the mental toll of suspicion and skepticism. Conversely, the “trust dividend” represents the benefits of high trust, including smoother operations, greater innovation, and enhanced collaboration. The higher the level of trust, the greater the dividend.
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