Ppugliese: Created page with "Paul Zak states that teams fundamentally need two key components, trust and purpose.https://www.thoughtleadersllc.com/2017/04/leading-with-trust/ A foundation of trust opens teams up to high levels of collaboration, creativity and performance. “Trust is a powerful lever to improve economic performance because it reduces the frictions that occur when individuals interact. If I trust you, and you are trustworthy, we are an effective team because we reliably..."

2024-01-30T11:41:01Z

Created page with "Paul Zak states that teams fundamentally need two key components, trust and purpose.<ref>https://www.thoughtleadersllc.com/2017/04/leading-with-trust/</ref> A foundation of trust opens teams up to high levels of collaboration, creativity and performance. “Trust is a powerful lever to improve economic performance because it reduces the frictions that occur when individuals interact. If I trust you, and you are trustworthy, we are an effective team because we reliably..."

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Paul Zak states that teams fundamentally need two key components, trust and purpose.<ref>https://www.thoughtleadersllc.com/2017/04/leading-with-trust/</ref>

A foundation of trust opens teams up to high levels of collaboration, creativity and performance. “Trust is a powerful lever to improve economic performance because it reduces the frictions that occur when individuals interact. If I trust you, and you are trustworthy, we are an effective team because we reliably complete our tasks – usually – and that is where things get complicated.”

This, in turn, should raise people’s levels of oxytocin, a key indicator for the brain to signal the motivation to cooperate. Based on research<ref>https://greatergood.berkeley.edu/article/item/how_oxytocin_can_make_your_job_more_meaningful</ref> eight building blocks that leaders can influence to create a high trust, high-performance culture are:
*Ovation (recognize those who meet or exceed goals)
*eXpectation (design difficult but achievable challenges and hold colleagues accountable to reach them)
*Yield (enable employees to complete their work as they see fit)
*Transfer (facilitate self-management in which colleagues choose the work they want to do)
*Openness (share information broadly)
*Caring (intentionally build relationships with colleagues)
*Invest (promote personal and professional growth)
*Natural (behave authentically and ask for help)

== References ==
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Trust and Purpose - Paul Zak - Revision history