Do you need trust within your organization to build trust with external partners? – Week 11 of Twelve Weeks to Trust

Economics, strategy and ethics literature all suggest that an organization’s culture, structure and processes must foster trustworthy behaviours internally in order to maximize trust in inter-organizational relationships (Casson, 1995; Drake & Schlachter, 2008; Dyer & Chu, 2003; Sydow, 1998; Zaheer, McEvily & Perrone,1998). As we covered in Week 5: Ethics at the Heart of Trust,Continue reading “Do you need trust within your organization to build trust with external partners? – Week 11 of Twelve Weeks to Trust”

Five reasons inter-organizational trust is key to partnership success – Week 3 of Twelve Weeks to Trust

Welcome back! I hope you enjoyed Week 1 & Week 2 of this Twelve Weeks to Trust series. In the past twenty years, all types of hybrid business partnerships – joint ventures, alliances, etc. – are on the rise because they permit access to new markets, reduce costs and share risks – particularly in uncertainContinue reading “Five reasons inter-organizational trust is key to partnership success – Week 3 of Twelve Weeks to Trust”