{"id":36,"date":"2006-04-11T22:08:00","date_gmt":"2006-04-12T03:08:00","guid":{"rendered":"http:\/\/www.leadershipintherealworldblog.com\/?p=36"},"modified":"2006-04-11T22:08:00","modified_gmt":"2006-04-12T03:08:00","slug":"stakeholders-and-trust","status":"publish","type":"post","link":"http:\/\/www.leadershipintherealworldblog.com\/index.php\/2006\/04\/stakeholders-and-trust\/","title":{"rendered":"Stakeholders and Trust"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" decoding=\"async\" style=\"FLOAT: right; MARGIN: 0px 0px 10px 10px; WIDTH: 300px\" alt=\"Project management, leadership, and trust\" src=\"https:\/\/i0.wp.com\/www.i-leadonline.com\/images\/ArmWrestle.jpg?w=736\" border=\"0\" \/>Ever find yourself complaining about people in other departments or on other teams? You have to rely on them to get things done but they&#8217;re always challenging you?<\/p>\n<p>Or maybe it&#8217;s management. Yeah, they&#8217;re the problem. They&#8217;re so pushy, won&#8217;t listen to logic, and too often micro-manage.<\/p>\n<p>If you run a company or are in sales, maybe you slip into whining about customers that are a pain to deal with.<\/p>\n<p>In project management terms, <em>those <\/em>people are stakeholders, defined as individuals and organizations who are actively involved in what we&#8217;re doing or whose interests may be effected as a result.<\/p>\n<p>When I hear an executive coaching client or teams complaining about stakeholders, I typically reframe the conversation to a discussion about trust.<\/p>\n<p>Trust.<\/p>\n<p>We know it&#8217;s important. We know it&#8217;s difficult to develop and easy to betray. Yet I find too many aspiring leaders who are not actively, intentionally working to develop it.<\/p>\n<p>If you have the time, I strongly recommend you read the <a href=\"http:\/\/edelman.com\/image\/insights\/content\/FullSupplement.pdf\">Edelman 2006 Annual Trust Barometer<\/a>. It&#8217;s bursting with analysis on trust, slicing data on the topic in ways I found incredibly engaging.<\/p>\n<p>Here&#8217;s one snapshot that is relevant to those who are actively managing stakeholders. It&#8217;s a quote from Dr. Jennifer Scott, president of StrategyOne, the research company that conducts the Trust Barometer studies:<\/p>\n<p><em><\/p>\n<blockquote><p><em>&#8220;When there&#8217;s trust, stakeholders cooperate more eagerly. They challenge<br \/>less. They tend not to ask for verification or look for other partners. With<br \/>trust, things get done. Without trust, things cost more, take more time,and<br \/>exert more strain on an organization. Stakeholders will double-check every word you say before cooperating with you. They\u2019ll make almost any task more ponderous and exhausting.\u201d<br \/><\/em><\/p><\/blockquote>\n<p><\/em><br \/>Are you actively, intentionally working to develop trust with your stakeholders? Don&#8217;t answer flippantly. What more should you do?<\/p>\n<p>Instead of being annoyed by your stakeholders, look at it as a sign that you need to improve trust. Trust me. \ud83d\ude42<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ever find yourself complaining about people in other departments or on other teams? You have to rely on them to get things done but they&#8217;re always challenging you? Or maybe it&#8217;s management. Yeah, they&#8217;re the problem. They&#8217;re so pushy, won&#8217;t listen to logic, and too often micro-manage. If you run a company or are in&#8230; <a class=\"more-link\" href=\"http:\/\/www.leadershipintherealworldblog.com\/index.php\/2006\/04\/stakeholders-and-trust\/#more-36\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[6,24,23,4,22],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p488Wj-A","jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/www.leadershipintherealworldblog.com\/index.php\/wp-json\/wp\/v2\/posts\/36"}],"collection":[{"href":"http:\/\/www.leadershipintherealworldblog.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.leadershipintherealworldblog.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.leadershipintherealworldblog.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.leadershipintherealworldblog.com\/index.php\/wp-json\/wp\/v2\/comments?post=36"}],"version-history":[{"count":0,"href":"http:\/\/www.leadershipintherealworldblog.com\/index.php\/wp-json\/wp\/v2\/posts\/36\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.leadershipintherealworldblog.com\/index.php\/wp-json\/wp\/v2\/media?parent=36"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.leadershipintherealworldblog.com\/index.php\/wp-json\/wp\/v2\/categories?post=36"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.leadershipintherealworldblog.com\/index.php\/wp-json\/wp\/v2\/tags?post=36"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}