Saturday, 29 March 2014

Trust matters

I've been in India for a week talking about a number of issues, including skills development.  India is making a big investment in Sector Skills Councils to try to work with industry to identify and fill skills gaps. Unfortunately, this dialogue is not proving easy.  Industry is not used to being consulted and to participating and is wary of government agencies asking for 'partnership'.

There is a general lesson here - building trust takes time - and takes mutual respect.  Without it, however, true partnership is not possible.

So, if you are entering a new business relationship - or seeking a new agreement with your employees,,... take the time to weigh the 'trust balance'.  If it doesn't balance, something is wrong - and your venture/agreement might fail.  So, slow down, build (or rebuild) trust first - and then create the partnership - on firm foundations.

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