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	<title>Creating What Matters</title>
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	<link>http://creatingwhatmatters.co.nz</link>
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		<title>Build Trust in your brand and increase profits</title>
		<link>http://creatingwhatmatters.co.nz/articles/build-trust-in-your-brand-and-increase-profits/</link>
		<comments>http://creatingwhatmatters.co.nz/articles/build-trust-in-your-brand-and-increase-profits/#comments</comments>
		<pubDate>Tue, 29 Jun 2010 02:01:18 +0000</pubDate>
		<dc:creator>Bridget Marsh</dc:creator>
				<category><![CDATA[Articles]]></category>

		<guid isPermaLink="false">http://creatingwhatmatters.co.nz/?p=1072</guid>
		<description><![CDATA[Build Trust as a pillar of your brand The question is; how do I work with my staff, customers and suppliers to build trust? In this seminar we will explore how Trust has an invisible impact on our businesses. You will learn how this invisible impact can be negative or positive …building profitability or decaying [...]]]></description>
			<content:encoded><![CDATA[Build Trust as a pillar of your brand

The question is; how do I work with my staff, customers and suppliers to build trust?

In this seminar we will explore how Trust has an invisible impact on our businesses. You will learn how this invisible impact can be negative or positive …building profitability or decaying profitability. 
Without Trust business growth will be slower and cost more. When trust goes up speed goes up and costs come down. Truly this is the business imperative for thriving.

At this training you will learn <strong>the 5 essential steps you can take to establish, build or rebuild Trust in your business.

<strong>And understand the 4 cores and 13 behaviours that will build trust in your business, with your staff, your customers, suppliers, peers and even with your colleagues and family.</strong>

The Presenter:
This workshop will present an overview of how to build trust in your brand, product or service. Bridget Marsh will be presenting The Economics of Trust at the HRINZ conference in September 2010 and a 2 day workshop on Trust as a Strategic Competency at the University of Auckland Business School later this year and in 2011. <B/><li>

Date Thursday 29 July 2010<B>
Time:  9 &#8211; 11 am<B>
Cost:  Early bird registration   $69.00<B>
Venue to be confirmed<B>
register by emailing admin@creatingwhatmatters.co.nz
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		<title>Sustainability &#8211; 10 good business sense reasons to do it</title>
		<link>http://creatingwhatmatters.co.nz/articles/10-ways-it-improves-business/</link>
		<comments>http://creatingwhatmatters.co.nz/articles/10-ways-it-improves-business/#comments</comments>
		<pubDate>Tue, 29 Jun 2010 01:43:06 +0000</pubDate>
		<dc:creator>Bridget Marsh</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[People]]></category>
		<category><![CDATA[Sustainable Business]]></category>
		<category><![CDATA[costs savings]]></category>
		<category><![CDATA[fundamental business reasons to beocme sustainable]]></category>
		<category><![CDATA[improving bottom line]]></category>
		<category><![CDATA[increasing customer trust]]></category>
		<category><![CDATA[resource savings]]></category>
		<category><![CDATA[staff valaues]]></category>

		<guid isPermaLink="false">http://creatingwhatmatters.co.nz/?p=1068</guid>
		<description><![CDATA[It’s time to stop thinking about sustainability as a green option.  Sustainability is a core strategic competence for business in 2010 for businesses that want to be around for the long term.]]></description>
			<content:encoded><![CDATA[<p>It’s time to stop thinking about sustainability as a green option.  Sustainability is a core strategic competence for business in 2010 for businesses that want to be around for the long term.<li>

<p>Here’s 10 ways becoming sustainable will improve your bottom line.<li><p>

 
1. It makes good business sense to find ways to use less resources and do things more efficiently.<li>

<p>Sustainability should be considered not just because it is the right thing to do, but also because <strong>it makes business sense</strong>. If an initiative cannot be justified from a strategic, financial, operational, marketing, or employee recruitment/retention perspective, don&#8217;t do it.<li><P> In almost every corner of a business there is a fundamental business reason for being more sustainable i.e. looking for how things can be done more efficiently and effectively with less resources, less impact.  Energy savings alone can cover any of the costs involved in becoming more sustainable. <li><p> 

2. <strong>The Y generation want to work for a business that is interested in more than bottom line and profits for the boss</strong>.<li>


<p>It’s now proven that in a business with the feel good factor of a sustainablility initiative staff will work harder, give more of themselves and stay longer.
The highly educated, mobile and tech-savvy age group that falls within the demographic band known as Generation Y wants a workplace that&#8217;s like them: urban, flexible, collaborative, environmentally sensitive and unconventional.
<li><p>For them, work isn&#8217;t just a place they go to from 9 to 5, then go home. They want an office and a work culture that&#8217;s an extension of themselves and their home life &#8212; a place that supports what they value &#8212; and it better be green, according to a new study by Johnson Controls Inc. that has implications for employers, facility managers, human resources departments and building and office space designers.<li><li>

<p>3. <strong>There&#8217;s money to be made</strong> from reselling used products and materials.<li>


<p>Many companies have found they can resell used products and materials that were formerly considered waste. When Verizon focused on creating more sustainable operations, the company generated $27 million by sorting out and selling recyclable materials from its waste stream, while also saving over a million dollars in waste removal costs. <li><li>

<p>4. It&#8217;s for big small and large companies<li>

<p><strong>Smaller companies have an advantage because their competitiveness often depends on being lean, resourceful, and nimble, which sustainability enables.<li>


<p><li><p>Bigger companies do have an advantage when it comes to influencing their supply chain to be sustainable and in influencing policy at the government level, but smaller companies can be just as effective, if not more so, at almost everything else.<li><li>

<p>5. <strong>Consumers and customers are asking for it</strong><li>

<p>Sustainability is not just about environmental issues.  Its about how you treat your staff, your customers, the livelihoods of the people where your supplies come from, its about more for all and less for none.<li>

<p>Who makes purchase decisions at companies? No points for the right answer. We are hearing from an increasing number of large B2B companies that their customers and prospects are asking about their sustainability efforts. You will find it put explicitly in purchase criteria of an increasing number of companies e.g. RWC official suppliers that preference will be given to sustainable organizations.<li>

<p><strong>An increasing number of customers care whom they buy from, whether they are consumers or million-dollar companies.<li><li>

<p>6. Becoming more transparent about what you do with your waste, how you are affecting your environment, what you policies are with regard to working conditions <strong>increases the level of trust</strong><li><li>

<p>7.  Companies that set meaningful goals, and achieve them, have every right to tout their successes and the media takes note <strong>increasing profile and exposure – for all the right reasons. </strong><li>
<p>But transparency becomes an important element in this process not just for achievements, but also for failures. There is nothing better for building the credibility of your success like admitting to your failures. And as the next item illustrates, partnering with NGOs can help build credibility about some of the claims.<li><li>

<p>8. Partnering with NGO’s adds to opportunity<li>

<p>Many companies think of NGOs as adversaries, and are quite content if they are not approached by them. We believe this is a missed opportunity to benefit from their expertise in material sourcing, water treatment and a host of other issues. Organizations like Forest and Bird serve as partners to advance many leading companies&#8217; sustainability efforts. <li>

<p>Bonnie Nixon said that HP realized many years ago that an adversarial relationship was counterproductive and now partners with several NGOs.<li><li>

<p>9. Even if you don&#8217;t make things – it makes good sense<li>

<p>Some companies  claim that because they don&#8217;t make things, they don&#8217;t buy much, and hence don&#8217;t have much of a carbon footprint. Or that their products don&#8217;t consume much energy, so their environmental impacts are minimal. <li>

<p>Walmart is a prime example of a company that doesn&#8217;t make things, yet is developing a supplier index for its tens of thousands of suppliers to measure the carbon impact from the things they sell to the company. <li>

<p>According to Matt Kistler, Senior Vice President of Sustainability at Walmart, 88 percent of the company&#8217;s environmental footprint is in its supply chain, and only 12 percent is under its direct control. So if the company is going to achieve its goal of carbon neutrality, it is going to need to address most of its reductions in its supply chain.

 With their purchasing power, they have a tremendous opportunity to influence the supply chain and reduce their (indirect) environmental impact. <li><li>

<p>10. <em>If you don’t do it now it’s likely that regulation will force you to do it and regulation is always more costly</em>.<li>


<p><strong>Becoming a sustainable business is a strategic decision&#8230;. Companies that choose to turn a blind eye to the benefits from becoming more sustainable are putting themselves at an immediate competitive disadvantage, and quite possibly set themselves up as targets for regulation in the long run.
** ** **<li><li>


Read more: http://www.greenbiz.com/blog/2009/11/23/8-myths-about-sustainability-business?page=full#ixzz0oGlCKn5S
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		<title>It&#8217;s the small things that make trust work</title>
		<link>http://creatingwhatmatters.co.nz/articles/values/its-the-small-things-that-make-trust-work/</link>
		<comments>http://creatingwhatmatters.co.nz/articles/values/its-the-small-things-that-make-trust-work/#comments</comments>
		<pubDate>Tue, 01 Jun 2010 03:39:25 +0000</pubDate>
		<dc:creator>Bridget Marsh</dc:creator>
				<category><![CDATA[Trust]]></category>
		<category><![CDATA[Values]]></category>

		<guid isPermaLink="false">http://creatingwhatmatters.co.nz/?p=1044</guid>
		<description><![CDATA[How a simple act of generosity undermined trust built between the owner and a direct report - and how to get the trust back.]]></description>
			<content:encoded><![CDATA[<p>How a generous idea nearly went very wrong<br /><P>
The problem of a shirt</p>
<p>Greg has a solid business employs about 15 people and is managing to take some great holidays with his teenage boys. He has put a lot of energy into building a ‘team’ approach in the workshop with a significant level of trust. He thought it was time to smarten up the team and bought a load of new shirts in the company colours with a bright logo.<BR></p>
<p>When he gave them out the reaction from his factory manager was less appreciative than he expected, in fact the manager seemed quite put out. Over the next few weeks the atmosphere became increasingly soared.  Greg was angry at first and then realised he had to do somethiing about it.  When he contacted me I spoke with his manager about the incident and his words were “same old same old, thinks he has to do it all” and “I’m not putting in any more effort, nothing changes”. When we got to the bottom of the situation we discovered a couple of things. 1. Greg acted in his usual way of getting things done in the most efficient cost effective way possible.<br /><BR>
2. The factory manager thought it was part of his job and he should have been consulted, he also thought his job as manager deserved a ‘better’ shirt than he was given, one a little more like the bosses. After all don’t they go out to customers together sometimes?</p><br />
<p>The shirt wasn’t really the problem &#8211; it became a symbol of the level of trust. In this simple act of apparent generosity the trust between business owner and factory manager was broken – not irrepairably but definitely broken. Its not that the boss shouldn’t have a better quality shirt, sure he can but what message is being sent by this to the person he expects to ensure all work leaving the factory meets the quality standards of the business. And what message about his role? If the situation had been left unquestioned much of the work building the team over the last couple of years would have been eroded.<br /><P>
In a short session with Greg and his manager both were able to accept ,identify the behaviours and their reactions. When looked at through the lense of building a team they could see what had happened and what they each can do so it doesn’t happen again.</p>
<p>What we did to re-build the trust was:  First roles, expectations and accountabilities were re-clarified.  Next we did some work on behaviours, actions and words that build trust which includes committing to regular monthly management meetings where teh real issues get talked through not swept under the table.  And finally it was helpful to re-align the management team on goals and prioirites for the year and diarise the dates for all the management meetings.</p>
<p>Going forward Greg will remember that he has a factory manager who wants to be fulfil his role and share some of Greg’s load. And the manager will speak up truthfully when something like this happens again and not return to his old pattern of thinking ‘there’s no point’. He has re-committed all his enthusiasm and energy to the business because he feels valued and trusted again.</p>
<p>It’s easy to talk about team and trust, the reality is that it is in the small everyday actions that we earn it so that it is there when it is really needed. If you&#8217;d like to know what the 13 behaviours identified and tested over many years by Stephen M R Covey that build trust at every level in an organisation are send me a quick email asking for the 13 behaviour list  bridget@creatingwhatmatters.co.nz .</p><br />
<p>Or call me if you’d like to talk about something going on in your team that you know can be improved.  09 412 9485</p>
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		<title>The fastest way to grow your business: 7 low or not cost steps to take</title>
		<link>http://creatingwhatmatters.co.nz/articles/sustainable-business/the-fastest-way-to-grow-your-business-7-low-or-not-cost-steps-to-take/</link>
		<comments>http://creatingwhatmatters.co.nz/articles/sustainable-business/the-fastest-way-to-grow-your-business-7-low-or-not-cost-steps-to-take/#comments</comments>
		<pubDate>Tue, 11 May 2010 23:38:23 +0000</pubDate>
		<dc:creator>Bridget Marsh</dc:creator>
				<category><![CDATA[Sustainable Business]]></category>

		<guid isPermaLink="false">http://creatingwhatmatters.co.nz/?p=1034</guid>
		<description><![CDATA[Social media and a networked world mean we need to change the way we market our businesses. Evidence shows that we believe and trust each other to refer products and services rather than marketing and advertising.

The best way to grow a business is not to concentrate all your effort on looking for new customers but to look after your existing customers and retaining them as customers.]]></description>
			<content:encoded><![CDATA[Some ideas on the Best Way to Grow Your Business

7 low or not cost steps to grow your business fast
 
Did you know that the most effective way of growing your business is NOT to put all your effort into looking for new customers and to NOT try to increase your customer base all the time!! Sounds a bit strange coming from a business strategist doesn’t it? But it is true. 

Social media and a networked world mean we need to change the way we market our businesses. Evidence shows that we believe and trust each other to refer products and services rather than marketing and advertising.

The best way to grow a business is not to concentrate all your effort on looking for new customers but to look after your existing customers and retaining them as customers. You should concentrate on turning these people into loyal customers who enjoy your services so much that they buy more from you and more often. In fact the best way to grow your business is not to just have satisfied customers but to have “RAVING FANS!” These are people who tell all and sundry just how wonderful your service is and say things like” If you need x service then you must see my friend Joe. He is the best provider around!”
So how do you turn your existing customers into loyal raving fans? Here are 7 low or not cost steps that will help you:

1.	Always underpromise and over deliver. Never commit to something that you know you can’t do. Always make promises that you KNOW you can keep and then KEEP them.
2.	Always keep your customers informed on
a.	the progress of their job (if you provide a service that they need to wait for, or a product needs to be ordered)
b.	all the benefits of your product or service including the benefits to the environment, employees, growers etc all the way up the value chain
3.	Always manage your customer expectations. This means tell them what they can expect. If you do not specific promises about what they can expect then they will feel justified in expecting anything and as you won’t know what it is they expect you will have very little chance to meeting those expectations!
4.	When you have to tell your customers bad news tell them as soon as you can.  Apologise up front and then explain to them what it means and what you are doing about it! Use words such as” I need to let you know that….I am sorry about this….. I understand that this is not quite what you wanted or expected. What I can do for you though is…..” and offer something that minimises the impact on the customer and shows that you understand the inconvenience you have caused and you are doing you best to help.
5.	Always thank your customers sincerely for their business. Let them know you appreciate their business. You can do this in a variety of ways. This may include a simple thank you card, a phone call and letter, or even a gift. 
6.	Work out the 5 most critical moments of truth in your business when it either lives or dies in the minds of your customers and what you must do in those moments.
7.	Try to find one or two things that you can do over and above your normal service and beyond your customers’ expectations. This will be a nice surprise for them and it gives them something to tell their friends when they are raving about you! 

Build these 7 steps into your daily operations and do them as a matter of course. In a year from now you will be delighted that you did. Over time they will deliver you customers who are only too pleased to spend their money with you and tell their friends and family about the wonderful service or product you provide.

If you’d like to talk about how to build an outstanding customer service system in your business to grow it fast give me a call or email me.
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		<title>The tide is turning &#8211; silly to ignore it says Business Council head</title>
		<link>http://creatingwhatmatters.co.nz/articles/sustainable-business/the-tide-is-turning-silly-to-ignore-it-says-business-council-head/</link>
		<comments>http://creatingwhatmatters.co.nz/articles/sustainable-business/the-tide-is-turning-silly-to-ignore-it-says-business-council-head/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 02:31:47 +0000</pubDate>
		<dc:creator>Bridget Marsh</dc:creator>
				<category><![CDATA[Sustainable Business]]></category>
		<category><![CDATA[competitive advantage]]></category>
		<category><![CDATA[financial returns]]></category>

		<guid isPermaLink="false">http://creatingwhatmatters.co.nz/?p=1024</guid>
		<description><![CDATA[Customers are asking for it, suppliers are demanding it, bottom lines are proving its financial benefits. Becoming more sustainable is taking hold as a key strategic initiative. The New Zealand Business Council for Sustainable Development research indicates that around 35% of businesses changed suppliers because they did not meet or were not interested in meeting [...]]]></description>
			<content:encoded><![CDATA[<p>Customers are asking for it, suppliers are demanding it, <strong>bottom lines are proving its financial benefits.<P></strong><br />
Becoming more sustainable is taking hold as a key strategic initiative.  The New Zealand Business Council for Sustainable Development research indicates that around 35% of businesses changed suppliers because they did not meet or were not interested in <strong>meeting their environmental or ethical standards</strong>.<br />
<P> Below is the article published in the New Zealand Herald on February 18th which makes very interesting reading.  Is your company ready to answer the question what are your social, environmental or ethical standards when it is put to you?<br />
<P><br />
Here is the article &#8211; if you&#8217;ve been thinking about this question, read on.<br />
<P>From NZ Herald February 18 2010-03-11<br />
Almost a third of businesses have sacked a supplier in the past year because they did not meet their environmental or ethical standards, research suggests.<br />
A survey to be released tomorrow by the Business Council for Sustainable Development has found more than 27 per cent of business owners, managers and self-employed people had ditched a supplier for social, ethical or environmental reasons. For business owners the figure was higher at 35 per cent.<br />
The national poll sought the views of 1955 business owners, managers and self-employed people, 336 of them business owners.<br />
Business council head Peter Neilson said the results showed companies would be &#8220;silly&#8221; to ignore the wishes of nearly a third of the market, who wanted suppliers to help meet their customers&#8217; &#8220;deeply held&#8221; concerns.<br />
He said sustainable buying policies were starting to drive more of the $25 billion the Government spent each year buying goods and services &#8211; and interest in sustainability had risen, not fallen, with the recession.<br />
Two managers of companies with sustainable buying policies &#8211; Robb Donze, the New Zealand managing director for carpet company Interface, and Malcolm Rands of green cleaning product company Eco-store &#8211; said it was getting easier to find sustainable suppliers as more companies adopted green policies.<br />
<P> Mr Donze said Interface changed its freight company &#8211; a major decision for the carpet distributor &#8211; in favour of Mainfreight-owned Owens Transport &#8220;mainly because they were willing to talk to us about keeping track of our carbon footprint and nobody else was, so we dropped our other supplier&#8221;.<br />
<B>The company&#8217;s seven cars are Toyota Prius hybrids and Mr Donze said it also did the &#8220;easy stuff&#8221; such as buying recycled paper and using mainly natural light in its offices.<br />
<B>He said suppliers were asked three main questions: what goes into a product, how long does it last and what do you do with it when you have finished?<br />
<B>&#8220;You start asking &#8230; &#8216;are you going to take it back [when I've finished with it]?&#8217; If they don&#8217;t have an answer we will probably look at buying it from somebody who will have an answer, because we are being asked the same thing by our customers.&#8221;<br />
<P>Mr Rands said insisting on sustainable supplies was an area of life where ordinary people had true power.<br />
<B>But he warned it was important to do your research. &#8220;If you don&#8217;t know what you&#8217;re looking for it is quite easy for people to bullshit you.&#8221;<br />
<B>For example, he said: &#8220;Nuclear waste is actually &#8216;biodegradable&#8217; if you can wait half a million years.<br />
<B>&#8220;You have to say how long does it take to biodegrade and what sea animals does it kill on the way?&#8221;<br />
<B>Mr Rands said when he started his company 17 years ago he was the only one asking for items such as recycled paper and plant-based inks.<br />
<B>It was a lot easier now because more companies were seeing sustainability as a competitive advantage, he said.<br />
A positive spin-off was <strong>growing demand from companies</strong> for his cleaning products, he said.<B><P><br />
<B>Mr Donze agreed sourcing was getting easier. &#8220;For the first 10 years I would even have staff members coming up to me and saying, &#8216;Why are we doing this? Nobody cares.&#8217;<br />
<B>&#8220;But in the last five years it has changed quite a bit.<B><br />
&#8220;I think it is because there are companies who are doing it and showing they have grown in spite of [sustainable buying].&#8221;<br />
He said <strong>choosing sustainable options had financially worked out extremely well for the company.</strong><P><br />
<B>EYE ON STANDARDS<br />
<B>Has the organisation you work for or with ditched suppliers in the past year because of their social, environmental or ethical behaviour?<br />
<B>BUSINESS DECISION-MAKERS<br />
<B>Yes 27 per cent<br />
<B>No 38 per cent<br />
<B>Don&#8217;t know 34 per cent<br />
<B>BUSINESS OWNERS<br />
<B>Yes 35 per cent<br />
<B>No 55 per cent</p>
<p><P>  
<p>Don&#8217;t know 10 per cent<br />
Source: ShapeNZ survey of 1955 business decision makers</p>
<B>To receive your 10 step starting out guide to gaining a competitive advantage whilst improving your bottom line email bridget@creatingwhatmatters.co.nz</p>
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		<title>Why strategy matters</title>
		<link>http://creatingwhatmatters.co.nz/articles/why-strategy-matters/</link>
		<comments>http://creatingwhatmatters.co.nz/articles/why-strategy-matters/#comments</comments>
		<pubDate>Thu, 11 Mar 2010 01:49:14 +0000</pubDate>
		<dc:creator>Bridget Marsh</dc:creator>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[business plan]]></category>
		<category><![CDATA[customer service]]></category>
		<category><![CDATA[long term market share]]></category>
		<category><![CDATA[satisfy customers]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://creatingwhatmatters.co.nz/articles/why-strategy-matters/</guid>
		<description><![CDATA[Why strategy matters Business strategy satisfies customers or turns them away &#8211; as we see from these two examples. In the last few months two giants of New Zealand business have provided us with perfect examples of why having a clear strategy for your business is critical to long term success. Telecom New Zealand have [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Why strategy matters</strong></p>
<p>Business strategy satisfies customers or turns them away &#8211;  as we see from these two examples.<B></p>
<p>In the last few months two giants of New Zealand business have provided us with perfect examples of why having a clear strategy for your business is critical to long term success.</p>
<p>Telecom New Zealand have been in the spotlight because of the XT network failures.  And they are doing damage control big time whilst their competition makes the most of the opportunity to increase market share.  But what is behind the XT debacle asside from some possibly very bad decisions about suppliers and capacity.  I suggest it is a lack of a clear strategy.  <strong>Strategy is simply a plan designed to achieve a long term aim.</strong>  So a business strategy must be a plan to achieve long term market share.</p>
<p>We achieve market in one of three ways. <B>1. We get really close to our customers and with them to deliver exactly what they need. <B>2.  We decide to lead with the market with product innovation.  <B>3.  We become the very best operators and deliver excellence in customer service and quality.  Which one of these do you think Telecom NZ was attempting to do?   There is no evidence of it being number 1 and it certainly wasn’t number 2 and if it was number 3 they have failed dismally.  My guess is they didn’t have a clear strategy and their decisions have been towards one or the other and so they have oscillated without clear direction and consequently lost market share.</p>
<p>Toyota on the other hand were very clear and had been for years that their strategy was customer service and quality.  Vehicles that lasted.<br />
Until in the last few years they became impatient to become world’s number 1 car manufacturer and compromised their quality.  With one might say rather serious consequences.</p>
<p>If you’re wondering how this might apply in your business please give me a call.  Clarity on this issue will make or break a business.<br />
Call me on 027 5743438  or email me <a href="bridget@creatingwhatmatters.co.nz">bridget@creatingwhatmatters.co.nz</a></p>
]]></content:encoded>
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		<title>High Trust Results</title>
		<link>http://creatingwhatmatters.co.nz/articles/values/high-trust-results/</link>
		<comments>http://creatingwhatmatters.co.nz/articles/values/high-trust-results/#comments</comments>
		<pubDate>Tue, 19 Jan 2010 00:41:06 +0000</pubDate>
		<dc:creator>Bridget Marsh</dc:creator>
				<category><![CDATA[Trust]]></category>
		<category><![CDATA[Values]]></category>

		<guid isPermaLink="false">http://creatingwhatmatters.co.nz/?p=955</guid>
		<description><![CDATA[Waitakere City When they called me in 2006 and asked me to do some work with them, John described their need as wanting a culture change. He was confronting the reality (High Trust Behaviour 8) that his firm was not as good as it could be.  He was very keen that his team take more [...]]]></description>
			<content:encoded><![CDATA[<h3>Waitakere City</h3>

<p>When they called me in 2006 and asked me to do some work with them, John described their need as wanting a culture change. He was confronting the reality (High Trust Behaviour 8) that his firm was not as good as it could be.  He was very keen that his team take more ownership, be more part of the firm, have more pride in what they were doing. He heard other engineers talking about firms where they had worked as if they were the ‘mercedes’ of engineering firms and he wanted some of that. He wanted his guys to talk with the same pride of his firm.</p>

<h3>What We Did</h3>

<p>I spent  one and a half days in 2006 working on their vision and their values. <strong>Every one of the 8 values they chose was a ‘Trust’ behaviour</strong> i.e. a behaviour that when integrated into the systems and standards of the business builds Trust.   Then over a period of months supported them to create and implement new standards and systems that ensured the trust values became part of the way the business is run.</p>

<h3>The Results</h3>

<p>Asked what difference this work has made to the firm John says: “What happened is that I changed the way I managed the firm” .  John worked from the top down, first changing his own behaviour.   “And the change in leadership trickles down to how the guys feel and how they work.  I’m freed up to go out and get the sales, and know I have a team of guys who take pride in producing quality work, on time and within budget.  Our customers know they can trust us to deliver&#8221;.</p>

<p>“We had 24 months of real growth – 33% in turnover and increased margins. I think that growth helped us stave off the current downturn&#8221;.  John emailed me on 29 September 2009 to say that he had just won the largest contract of his time in business and the guy said he would be offering the work in future without the need for a quote because he ‘trusted’ him.</p>]]></content:encoded>
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		<title>A low trust cost</title>
		<link>http://creatingwhatmatters.co.nz/articles/trust/a-trust-tax/</link>
		<comments>http://creatingwhatmatters.co.nz/articles/trust/a-trust-tax/#comments</comments>
		<pubDate>Tue, 19 Jan 2010 00:38:16 +0000</pubDate>
		<dc:creator>Bridget Marsh</dc:creator>
				<category><![CDATA[Trust]]></category>
		<category><![CDATA[costs of low trust]]></category>

		<guid isPermaLink="false">http://creatingwhatmatters.co.nz/?p=952</guid>
		<description><![CDATA[Barbara simply played a low trust card.  She would not accept any jobs that were out of her regular geographical area.  She simply turned the work away with an excuse.]]></description>
			<content:encoded><![CDATA[<p>2009 was a tough year for many and the property valuation industry was as affected as any with lower demand for their services.  So this story is a great example of the cost of low trust.</p>

<p><br class="spacer_" /></p>

<p>Barbara works for a property valuation business.  She has worked there happily for many years, but recently two businesses merged.  The new CEO was interpreting the holidays act to the disadvantage of the employees but they did not feel they could speak up for fear of losing their jobs.  So Barbara simply played a low trust card.  She would not accept any jobs that were out of her regular geographical area.  She simply turned the work away with an excuse.</p>]]></content:encoded>
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		<title>Change one thing to dramatically improve results &#8211; up to 278%</title>
		<link>http://creatingwhatmatters.co.nz/articles/trust/change-one-thing-to-dramatically-improve-results-up-to-278/</link>
		<comments>http://creatingwhatmatters.co.nz/articles/trust/change-one-thing-to-dramatically-improve-results-up-to-278/#comments</comments>
		<pubDate>Tue, 19 Jan 2010 00:34:28 +0000</pubDate>
		<dc:creator>Bridget Marsh</dc:creator>
				<category><![CDATA[Trust]]></category>
		<category><![CDATA[behaviours]]></category>
		<category><![CDATA[competency]]></category>
		<category><![CDATA[costs]]></category>
		<category><![CDATA[profits]]></category>

		<guid isPermaLink="false">http://creatingwhatmatters.co.nz/?p=948</guid>
		<description><![CDATA[Trust has been named the #1 competency for leaders in the new global economy.  Why is this?  What’s different now than a year or two ago to make something we usually take for granted in someone with good character the new skill that needs to be learnt?
]]></description>
			<content:encoded><![CDATA[<p><strong>Trust</strong> has been named the #1 competency for leaders in the new global economy.  Why is this?  What’s different now than a year or two ago to make something we usually take for granted in someone with good character the new skill that needs to be learnt?</p>

<p><br class="spacer_" /></p>

<p>Firstly, the nature of the global economy has shifted to collaborative and interconnected.  <strong>Trust is the new currency of this collaborative, connected interdependent economy.</strong>  It fuels the collaboration necessary to operate globally, and ensures relationships with people you don’t know well work.  <span style="text-decoration: underline;"><span style="color: #0000ff;">Trust is vital to organisations, governments, reputations, brands and individuals.</span></span></p>

<p><span style="text-decoration: underline;"> </span></p>

<p><strong>Secondly we are increasingly operating in a low trust world.</strong>  Trust levels are going down everywhere – most institutions, most governments, in business, in marketing and advertising, in society generally.  Research conducted in 2009 by Perceptive Insight for Sustainable Advantage showed that in New Zealand only 11% of customers trust businesses to be open and honest in their communications.  And in previous research by Red Carpet 50% of employees trust their boss little or not at all and 85% of employees do not trust their organisation.  This lack of trust is a real and measurable cost to business.</p>

<p><strong>Thirdly the foundation of brand is trust</strong>.  Customers will trust a brand that consistently delivers what is promised – or more.  This means that the opportunity is huge for leaders and businesses that set about deliberately building themselves as trustworthy.  High trust organisations have been shown to return up to 286% more in total return to shareholders.  Deliberately setting about to build trust as a competency is a crucial strategic initiative that will deliver significant returns.</p>

<p>What do we mean by trust in the business setting?  We mean confidence. We are confident in the intention and ability of the business to deliver the results they promise. </p>

<p>In a team environment when there is low trust we can observe any of the following behaviours:</p>

<p>• People manipulate or distort facts<br />
• People withhold and hoard information<br />
• People spin the truth to their advantage<br />
• Getting the credit is very important<br />
• New ideas are openly resisted and stifled<br />
• Mistakes are covered up or covered over <br />
•  People are involved in a blame game, badmouthing others<br />
• ;There is an abundance of “water cooler” talk<br />
• There are numerous “meetings after the meetings”<br />
• There are many “undiscussables” <br />
• People tend to over-promise and under-deliver <br />
• There are a lot of violated expectations for which people make many excuses<br />
• Reality is often skirted and attention focussed on side issues<br />
• The energy level is low<br />
• People often feel unproductive tension—sometimes even fear</p>

<p><br class="spacer_" /></p>

<p>Each behaviour is a cost to the organisation which we can call a tax.</p>

<p>In the market, the costs of low trust are stated simply as:</p>


<ul>
		<li> Customers go elsewhere and 67% of them are likely to tell friends and family to stop buying as well.</li>
</ul>


<p><br class="spacer_" /></p>

<p>So how do we go about building trust as a competency in ourselves and our organisations?</p>

<p><br class="spacer_" /></p>

<p>We begin by assessing our credibility – both in our character and our competence.  Credibility is the foundation. 4 key areas to assess are:</p>


<ol>
		<li>What is our intention, have we declared it, do others understand it?</li>
		<li>What is our level of integrity?</li>
		<li>Do we have the capabilities?</li>
		<li>Do we deliver results?</li>
</ol>


<p><br class="spacer_" /></p>

<p>And we follow by modelling the specific behaviours identified as building Trust.</p>]]></content:encoded>
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		<title>Connect with Creating What Matters</title>
		<link>http://creatingwhatmatters.co.nz/articles/connect-with-creating-what-matters/</link>
		<comments>http://creatingwhatmatters.co.nz/articles/connect-with-creating-what-matters/#comments</comments>
		<pubDate>Thu, 14 Jan 2010 02:50:39 +0000</pubDate>
		<dc:creator>Bridget Marsh</dc:creator>
				<category><![CDATA[Articles]]></category>

		<guid isPermaLink="false">http://creatingwhatmatters.co.nz/articles/connect-with-creating-what-matters/</guid>
		<description><![CDATA[ph. +64 9 412 9485 Ltr P O Box 190, Kumeu Auckland 0891]]></description>
			<content:encoded><![CDATA[ph.  +64 9 412 9485
Ltr  P O Box 190, Kumeu Auckland 0891]]></content:encoded>
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