Neely Center Fellow Marsha Ershaghi Hames Discusses Importance of Trust in Business - Governance & Compliance

A trust-centred culture contributes to real business results. When people work in an organisation with an ethical culture of trust at its core, they are 11 times more likely than rivals to innovate, and 32 times more likely to take risks with potential to benefit the company, according to LRN research.

A recent CEB study indicates that employees from strong cultures of integrity are 90% less likely to observe misconduct and are more likely to report that which they do see. Yet only 8% of organisations have cultures where people trust and collaborate with each other, and let purpose and values guide their behaviour. Read More.