Summary "The Speed of Trust" not only explains how important trust is in different types of relationships, but also as much as confidence, when fully developed: it can make a person prosperous and successful. Author Stephen Covey discusses the economics of trust using the model called Five Waves of Trust. In the book, he states the differences between low trust relationship and high trust relationship. The myths and realities of trust, such as the speed of trust and the creation and destruction of trust, are also presented. It also highlights the importance of trust in businesses as lack of employer trust towards employees and vice versa can lead to negative outcomes. The five waves of confidence; on the one hand, they are important not only in business but also in personal relationships, personal growth and society. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Basically, the first wave of confidence is self-confidence. To trust others, it is important to trust yourself before anyone else. It also helps a person improve his credibility so that he can trust others. To develop your integrity, you need to have intent or purpose as well as ability. To be able to trust himself and others, a person should use his own talents, attitudes, skills, knowledge and style. Apparently, you should get results and improve them by taking responsibility for the results, expecting to win and finishing well. The second wave of trust is relational trust. Significantly, this develops through different behaviors such as speaking straight, demonstrating respect, creating transparency, writing down mistakes, showing loyalty, delivering results, improving, facing reality, clarifying expectations, practicing accountability, listening first, maintaining communication and extending trust. When you practice these behaviors, you will be able to improve relational trust (Cover & Merrill, 2006). The third wave of trust, which is the organizational chart, is about trust between members of an organization. The book primarily addresses common trust issues that organizations face. In essence, violation of principles is the common cause of a low-trust organization and can be addressed by communicating and cultivating trust within the organization. Trust in the market, the fourth wave is about maintaining an organization's brand or reputation through trust. Speed, cost and trust are interrelated and are influenced by brand or reputation. An organization can use the above wave of trust, especially the behaviors discussed in the second wave. Finally, the fifth wave of trust is about social trust and concerns contribution as a fundamental principle of high social trust. It's about making a great contribution to gain the trust of society and further develop your business or organization. The Relevance of the Concepts for Today's Army Officers Trust is vital to every organization as the lack of trust can affect not only the relationship of its members but also the performance and reputation of the entire organization. The army is known to be a strong institution, so its members have the courage to face all the challenges that come with being an army officer. The concepts of trust discussed in the book can be applied to military officers. Before joining the army, an officer must not only be courageous, but also have self-confidence.
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