24 Sep '11, 9am

Building the Case for Building Trust: A Historical and Current Perspective

Building the Case for Building Trust: A Historical and Current Perspective

Francis Fukuyama put it best after examining the differences in economic prosperity among different cultures. He concluded, “A nation’s well-being, as well as its ability to compete, is conditioned by a single, pervasive cultural characteristic: the level of trust inherent in the society.” In our current global economic reality, he believes that “social capital represented by trust will be as important as physical capital.”Thomas L. Friedman in his book The World Is Flat put it this way; “Without Trust, there is no open society, because there are not enough police to patrol every opening in an open society. Without trust, there can also be no flat world, because it is trust that allows us to take down walls, remove barriers, and eliminate friction at borders.” Intuitively, we know that trust is required to have successful relationships, and successful relationships are req...

Full article: http://www.triplepundit.com/2011/09/building-case-buildin...

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