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LEADING WITH TRUST

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4,475 informed publics. 91% bought product or service. from a company they trusted. ... Finneman, 701-328-5352. tfinneman_at_nd.gov. Join me on LinkedIn, Facebook ... – PowerPoint PPT presentation

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Title: LEADING WITH TRUST


1
LEADING WITH TRUST
  • Presenter
  • Tracy Finneman
  • North Dakota Department of Commerce

2
  • WHY TRUST?
  • 2005 Gallup Panel Study
  • People Cant Be Trusted
  • 11,849 adults in U.S.
  • 55 said you cant be too careful in
    trusting other people, groups and institutions.

3
  • WHY TRUST?
  • 2008 Annual Gallup Poll
  • Confidence in Institutions
  • Most confidence in the military, small
    business and the police (71, 60, 58
    respectively).
  • Least confidence Congress, HMOs and big
    business (12, 13, 20 respectively).

4
  • WHY TRUST?
  • 2009 Edelman Trust Barometer
  • 4,475 informed publics.
  • 91 bought product or service
  • from a company they trusted.
  • 77 refused to buy a product
  • or service from a distrusted company.

5
High Cost of Low Trust When Trust is UP Speed
is UP Cost is DOWN. When Trust is DOWN Speed
is DOWN Cost is UP.
6
Resources www.speedoftrust.com www.whotrustsyou.c
om www.edelman.com/trust www.iabc.com/rf/reports.h
tm
7
Contact Information
  • Tracy Finneman, 701-328-5352
  • tfinneman_at_nd.gov
  • Join me on LinkedIn, Facebook and Twitter

8
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