"Alone we can do so little; together we can do so much."

~ Helen Keller

Spring 2003
IN THIS ISSUE

































"Be true to your work, your word, and your friend."

~ Henry David Thoreau

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Your Trust Bank Account – Deposits & Withdrawals

 In our teambuilding programs we focus heavily on trust as one of the foundation elements of a high performing team. This is true of all types of organizations and teams – business, governmental, sports, military, especially families, marriages and relationships. Trust is very fragile. It can be eroded slowly away over time or broken in a heartbeat, depending on the severity of the infraction. As individuals we often look at trust as a one-way street – others need to behave in ways that gain our trust. However, we ought to concentrate equally as much on what we must do to gain the trust of others – to be deemed trustworthy ourselves. The key to building and maintaining trust is to create and make numerous positive deposits into what Steven Covey calls the Trust Bank Account. Consistently doing large and small acts that show we can be trusted creates deposits that build our account and the view by others that we are trustworthy. The reverse is also true – negative acts make small and large withdrawals from our trust account – sometimes taking us to the point of being overdrawn and being deemed untrustworthy.

Let me illustrate with a personal example. When my teenage daughter, Jennifer, received her driver's license she promptly came to me and asked that age-old question, "Dad, can I borrow your car to go out Saturday night?" I don't think I consciously thought about the concept of the trust bank account at that moment but it actually played a huge role in my decision. Jennifer was a straight A student – deposit. I had ridden as a passenger while she had her learner's permit and was impressed with her performance – deposit. She had always kept her word with me – deposit. Jennifer had done a lot to build up her trust account. So I said, "Yes, you can borrow the car. However, I have some conditions. First, I am very meticulous with my car and want to make sure you bring it back as clean as you found it. You have a job and can afford the gas so I want you to replace the gas you use. And obviously I want you to drive in a safe and legal manner." Jennifer agreed to the conditions and on Saturday night, with just a bit of paternal apprehension, I handed her the keys. She arrived home a few minutes before her curfew in my spotless car with a full fuel tank – major deposits! Things went well for a few weeks as I loaned her the car more and more often.

Then, one day I climbed into the driver's seat and sat on the remains of a Big Mac. A withdrawal, not major but nonetheless a violation of our agreement and my expectations. Then the day came that I was late leaving for the airport on a business trip and found the gas tank empty from the night before – a bigger withdrawal. Another one came when I found a taillight hanging from its wires. When asked how this could have happened Jennifer looked at me sweetly and said "I have no idea, Dad, maybe someone backed into it in the parking lot". Maybe, but I was having my suspicions due to previous withdrawals.

The straw that broke the camel's back came the day I walked out to the mailbox to gather the mail. I flipped through the letters I came to my auto insurance bill. Causally opening it I suddenly stopped dead in my tracks and my jaw dropped. My insurance premium had been tripled! This must be some kind of clerical error I assumed. I showed my wife the bill and laughingly said, "Look, a clerical error! Let's call them up and correct it." Unfortunately, the nice lady at the insurance company politely told me, "Oh, no sir, that's not an error. The increase is due to Jennifer's three speeding tickets." My jaw dropped again — what speeding tickets? Upon confronting Jennifer I learn she had screened our mail for court appearance notices and paid the fines without my knowledge. Major withdrawals! We're into deficit spending here, folks! The trust was broken. Excellent early deposits were overcome by numerous withdrawals both large and small. In order to return my premium to an affordable rate I had to sign an affidavit guaranteeing that Jennifer would no longer drive my car. There is a happy ending to this story, though. Jennifer learned a valuable lesson on the importance of trust and rebuilt her account over time by making lots and lots of new deposits. She purchased her own car and carried her own insurance. Today we enjoy a very trusting relationship.

How full is your trust bank account with the people that are important to you – both professionally and personally? Trust is critical to your success – as a leader, team member, or spouse. Made any deposits or withdrawals lately? Large or small, they all count and add up. To actively grow your account concentrate your efforts in the following areas:

Understand the Individual
Seek to fully understand the people you want and need to build trust with. You simply do not know what constitutes a deposit to another person until you understand them. Make what is important to them important to you.

Clarify Expectations
Unclear expectations undermine communications and trust. When facing a new situation get all expectations out on the table. We create negative situations by assuming that our expectations are self-evident and that they are clearly understood and shared by others. Make the expectations clear and explicit in the beginning.

Keep Your Commitments
Keeping a commitment or a promise is a major deposit, breaking one a major withdrawal. There is no bigger withdrawal than to make a promise that is important to someone else and then not come through. The next time a promise is made, they won't believe it. If you can't deliver on a commitment don't agree to it. Sometimes you can negotiate a new commitment that you can achieve. We like to say "Under commit, and over deliver".

Show Personal Integrity
Integrity includes, but goes beyond, honesty. Honesty means telling the truth. Integrity means doing the right thing.

Build Competence
People trust others who have the knowledge, skills and experience required to perform a given task. Recognize the core competencies required for your role and work diligently to develop that expertise.

Apologize When You Make A Mistake
It takes a great deal of character and courage to apologize when you have done something wrong. Some people feel it is a sign of weakness to admit they were wrong. But acknowledging mistakes is actually a strength. Sincere apologies make big deposits. Conversely, numerous insincere apologies make withdrawals. It is one thing to make a mistake, and quite another not to admit it. People respect those who own up to their mistakes and distrust those who try to justify or cover up mistakes.

Deposits increase trust, which synergistically improves communications, respect and healthy relationships – both at work and at home. Just ask Jennifer.


On Work/Life Balance
In a recent retreat, a law firm we work with revisited their core values and found they could improve the balance they enjoy between their work and home life. We developed action steps to improve in this area and later I sent them the following story as reinforcement for their efforts. The source of the story is unknown to me but I am indebted for the insights offered and want to share them with you.
 
A philosophy professor stood before his class and had some items in front of him. When the class began, he wordlessly picked up a very large and empty mayonnaise jar and proceeded to fill it with rocks, rocks about two inches in diameter. He then asked the students if the jar was full? They agreed that it was. So the professor then picked up a box of pebbles and poured them into the jar. He shook the jar lightly. The pebbles, of course, rolled into the open areas between the rocks. He then asked the students again if the jar was full. They agreed it was. The professor picked up a box of sand and poured it into the jar. Of course, the sand filled up everything else. He then asked once more if the jar was full. The students responded with a unanimous yes. The professor then produced two cans of beer from under the table and proceeded to pour their entire contents into the jar - effectively filling the empty space between the sand. The students laughed. "Now," said the professor, as the laughter subsided, "I want you to recognize that this jar represents your life. The rocks are the important things - your family, your partner, your health, and your children - things that if everything else was lost and only they remained, your life would still be full. The pebbles are the other things that matter like your job, your house, and your car. The sand is everything else - the small stuff. "If you put the sand into the jar first," he continued, "there is no room for the pebbles or the rocks. The same goes for your life. If you spend all your time and energy on the small stuff, you will never have room for the things that are important to you. Pay attention to the things that are critical to your happiness. Play with your children. Take time to get medical checkups. Take your partner out dancing. There will always be time to go to work, clean the house, give a dinner party and fix the disposal. "Take care of the rocks first - the things that really matter. Set your priorities. The rest is just sand. "One of the students raised her hand and inquired what the beer represented. The professor smiled. "I'm glad you asked. It just goes to show you that no matter how full your life may seem, there's always room for a couple of beers."

Where In The World Can We Meet?
Many of our clients are routinely searching for just the right place to hold a business retreat or training program. We have had the opportunity over the years to work at a wide variety of facilities that offer comfortable, top-flight accommodations at reasonable rates. One of our favorites is Coolfont Resort in Berkeley Springs, West Virginia, located just ninety miles from Baltimore and Washington, D.C. Coolfont sits on 1300 pristine acres of mountains, streams and lakes and is named for the cool springs that bubble up underneath it. The resort offers a variety of accommodations, including a lodge, one to four bedroom Chalets and vacation mountainside homes. The facility features a recently renovated conference center and an innovative spa dedicated to healthy living. If you are looking for a meeting location on the east coast take the time to visit Coolfont at http://www.coolfont.com.


The Leadership Challenge, Inc.
 
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