Trust is a competitive advantage that can drive success in business and in life from "summary" of The Speed of Trust by Stephen M. R. Covey
Trust is not just a nice-to-have quality; it is a strategic asset that can give individuals and organizations a distinct competitive advantage in the fast-paced, ever-changing world of business and life. When trust is present, everything is easier, faster, and less costly. It is like a lubricant that keeps things running smoothly and efficiently. Without trust, on the other hand, everything becomes more difficult, slower, and more expensive. Trust impacts every aspect of our lives, from relationships and interactions with others to our ability to achieve personal and professional goals. In business, trust is the foundation of all successful relationships. It is the key to building strong, long-lasting partnerships with customers, suppliers, employees, and other stakeholders. When trust is high, communication is cle...
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