April 2010

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Old Faithful

This post can also be found at the Trust Matters blog.

Old Faithful is a geyser located in Yellowstone National Park, USA. It gets its name because it regularly shoots steam and water to great heights. In fact, with a margin of error of 10 minutes, Old Faithful will erupt either every 65 or every 91 minutes, depending on the length of the previous eruption. It’s been doing this since 1870.

While most of us who endeavor to be Trusted Advisors would probably prefer not to be associated with a “geyser” (myself included), there’s something we can all learn from this phenomenon of nature.

Reliability: The Good News/Bad News

Of the 12,000+ people who have completed our online Trust Quotient™ survey to date, Reliability comes out 16 percentage points higher than any of the other three elements of the Trust Equation. This isn’t really surprising, given that Reliability is the easiest to grasp and execute. Reliability is logical, concrete, and action-oriented.

The bad news is we’re not as good as we think.

Case in point: I’m always interested to see how participants in our programs handle the pre-work assignment we send via email a couple of weeks before the program begins. Responses are due to be emailed back within a week. It takes 10 – 20 minutes to complete the work. People generally fall into one of three categories:

  1. Turn it in late with no acknowledgment (slightly more than half)
  2. Never turn it in (some)
  3. Turn it in on time (very few)

So while Reliability seems like a “slam dunk” in the world of trustworthiness, there’s room for us all to improve. (And by the way, I am no exception, witness how I’ve been doing lately on my goal of writing one blog post per week.)

The Road to Being More Reliably Reliable

Generally, people experience you as reliable when:

You feel familiar to them. They’re at ease with you. They have a good sense of who you are and feel they know you. You use their terminology and templates. You establish routines in your relationships (regular meetings, emails, etc.). You dress appropriately.

You are consistent and predictable. People know what to expect from you, and they get it. You set expectations up front and report on them regularly. You are rigorous about using good business practices, such as meeting agenda and notes. You make lots of small promises and consistently follow through. They can count on you to be the same person at all times, and the same to all people.

You work to make sure there are no surprises when you’re around. You use others’ vocabulary and respect and reflect their norms and environment. You make sure that their expectations of you are consistent. You produce documentation of consistent quality and create deliverables with a consistent look and feel.

You do what you say you will do. You keep and deliver on your promises, and see keeping your word as a matter of personal integrity. When you are unable to fulfill on a promise, you immediately get in communication to acknowledge the impact and reset expectations.

Reliability is Reliability is Reliability

Here’s the rub: Consistency matters. If you apply these best practices more with your clients and less with, say, your Trusted Advisor instructor … then your reliability score suffers.

Perfection is not the goal here; impeccability is (See Impeccability vs. Perfection: Who’s Got Your Back?). There’s always room for error and for our humanity. When it comes to trust, what matters is being rigorously self-aware, transparent about our strengths and weaknesses, and willing to hold ourselves to higher and higher standards of execution.

Writing this post was one action I chose to boost my own Reliability today. What’s yours?

This post can also be found at the Trust Matters blog.

At first glance, the difference between Impeccability and Perfection is slight.

Taking a closer look, they are very different characters, each with a profoundly different impact when it comes to building trust. Here’s the punch line, delivered by a recovering perfectionist:

Impeccability is your friend; Perfection is not.

A Character Study: Perfection vs. Impeccability

Let’s envision Perfection and Impeccability as two characters in a play.

In physical appearance, both are well-dressed. Perfection’s shirt is buttoned to the top; Impeccability’s open collar reveals a crisp, white T-shirt underneath. Perfection sits with his back rigidly straight; Impeccability assumes a relaxed yet confident stance. Perfection drums his fingers nervously on the table-top; Impeccability sits quietly.

As to their personalities: Where Perfection is determined with gritted teeth to always get it right, Impeccability is determined to be thorough and complete. Where Perfection endeavors to never make a mess, and experiences distress when the inevitable occurs, Impeccability recognizes that all humans make mistakes and chooses to see the inevitable as an opportunity to build trust. (see previous post: Why Mistakes Build Trust).

Perfection is controlling, stressed, and perpetually uptight; Impeccability is focused, at ease, his sense of perspective and humor intact at all times.

Perfection is often accompanied by Impatience, Judgment, and Frustration; Impeccability hangs out with Compassion, Confidence, and Self-Acceptance.

Impeccability vs. Perfection: One Level Deeper

Both Perfection and Impeccability are well-intended characters—striving to be the best they can be. Yet dig a little deeper and we see a key difference between the two: what’s driving them.

Perfection constantly feeds a need to satisfy something internal and self-oriented. Impeccability, on the other hand, is other-oriented at the core; his motivation is the satisfaction that comes with being of service and making a difference.

Even Perfection agrees that Impeccability is much more pleasant to be around. Impeccability is much easier to relate to. He endeavors to do his best and humbly accepts that he will fail at times. He cleans up his messes with transparency, swiftness, and an appropriate amount of lightheartedness. In doing so, he leaves room for others to be human.

Put yourself in your clients’ shoes. With whom would you rather spend your time?

This post can also be found at the Trust Matters blog and was co-authored by Charles H. Green of Trusted Advisor Associates LLC.

Can you train for trust?

The question needs to be broken down; but the quick answer is — yes. Let’s talk about how. And then we want to invite you to experience it yourself.

Disclosure: this blog-post is part advertisement. Trusted Advisor Associates is offering an open enrollment Being a Trusted Advisor program  in New York, New York. Read on to find out more, or just click here to sign up.

Now, back to training for trust; let’s break it down.

How to Approach Training for Trust

1. Be clear what you’re teaching. There is training for trustworthiness, and there is training for trusting. They are not the same. It’s the combination of one’s trustworthiness and another’s propensity for trusting that creates trust. Trustworthiness can be learned and is a lower-risk proposition–focus your energy and resources here. (See Trust, Trusting and Trustworthiness)

2. Keep it simple. Break an amorphous, complex topic into bite-sized, digestible pieces. Use a few solid, core models of trust. We use the three Trust Models: the Trust Equation, the Trust Creation Process, and the Trust Principles.

3. Make it stick. Thought-provoking concepts are necessary…and far from sufficient. We recommend four specific learning techniques to make a lasting impact:

a. Generous use of anecdotes—stories have a way of conveying the paradoxes of trustworthiness better than any rigorous intellectual model;
b. Realistic cases—in particular, role-play exercises, cases and video vignettes;
c. Muscle Memory—there is no substitute for ‘feeling’ the techniques, with hands-on demonstrations by experienced trainers and a lot of experimentation by participants;
d. Ongoing application to current business situations—with instructors and coaches guiding you through it in real time, live ammunition, no safety net.

Above all else, trust is learned by doing. What action will you take today to increase your trustworthiness?

Back to the advertisement: Being a Trusted Advisor is being held in New York, New York, April 22-23, at the Columbia University Faculty House. This program develops the mindsets, skills, and day-to-day practices of a Trusted Advisor. It includes built-in reinforcement–a one-on-one coaching call for each participant–along with a personalized Trust Temperament(tm) and autographed copy of either “The Trusted Advisor” or “Trust-based Selling.” Click here to sign up.

We hope to see you in New York City!