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Trust and Trustworthiness
      Who trusts you? And Who do you trust?



                     TEEPEE
                   March 21, 2012

  John Fisher
  Chief Value Officer
  NET(net), Inc.
March 21, 2012           © 2006-2012 All Rights Reserved - John Fisher   2


Trust & Trustworthiness

   Just what is Trust?
    We readily give it and strive hard to earn
    it…..with each other, with our clients and with
    our business partners

   Trust is earned, not assumed!
     • Acquired through open, honest and complete
       communication with the other party.
     • Maintained by predictable dependable behavior.
     • Nourished through mutual respect and an
       understanding of the value it derives.
March 21, 2012                       © 2006-2012 All Rights Reserved - John Fisher   3




Trust Exercise
                             1                                        2

      List the names of people you              Explain why you trust the
      trust: (Friends, Family,                  people on the list
      associates, clients)



                              3                                         4


       List the names of people or               What would have to happen
       things you do NOT trust                   to make you trust this person
                                                 or thing?


          Source: The Dooley Group
March 21, 2012              © 2006-2012 All Rights Reserved - John Fisher   4




What did we learn?
• There were a few surprises
• There were some contradictions
• Common elements of Trust
  • Predictability
  • Shared positive experiences
  • Common History – it doesn’t happen quickly
  • Honesty – no hidden agendas
  • Clarity about intentions
  • Taking care to do the right things
  • Isn’t always both ways
  • Often based on faith/belief
  • Time can change it – so can circumstances
March 21, 2012             © 2006-2012 All Rights Reserved - John Fisher   5




What did we learn?
• You should know your own trust framework
• Think about what it takes to get trust in the first place
   • How is it different to regain trust in an organization
    versus trust in a person?
• What does it take to get trust back?
  • Does it take 15 years vs. 15 minutes or 15 days?
  • Can it ever be regained?
March 21, 2012              © 2006-2012 All Rights Reserved - John Fisher   6




Is IT or the CIO Trustworthy?
• What are we doing to build trust?
• What are we doing to destroy trust?
  • Projects are late
  • Expectations are not clarified
  • We often don’t communicate changes in plan or intention
• IT is often an Institution or a “thing”
   • Trust in Things is hard to develop and easy to lose
   • Every customer encounter can build or destroy Trust
• Technology is often difficult to understand,
   • But is very important to our clients
• The way organizations use technology often changes
   • Even in the middle of a project
   • Constant communications is a key to keeping trust
March 21, 2012           © 2006-2012 All Rights Reserved - John Fisher   7




Trust & Trustworthiness
Fostering trust, confidence & support from your
 clients and business partners

       • Communicating Goals of the Project/Organization
       • Understanding Expectations
       • Managing Challenging Times
       • Reporting Bad News Effectively
       • Build a Good History of Your Engagements
March 21, 2012               © 2006-2012 All Rights Reserved - John Fisher   8




Trust Building Ideas

• Always prepare your business partners prior to a meeting
  that will contain controversial issues.
   • Poll members, understand their position and work behind the
      scenes to reach as much consensus as possible
• Outline and present the core issue as you perceive it in
  order to avoid misperceptions
• Full disclosure on all issues. No surprises. All relevant
  information disclosed
• Kept current on all matters of interest or importance.
March 21, 2012                © 2006-2012 All Rights Reserved - John Fisher   9




Communicating Bad News Effectively

• Your clients do not like surprises.
   • The skill is knowing when to prepare them for the potential of bad
     news vs. distracting them with non critical matters
• They want to be informed of potentially adverse news
  when there is still time for their suggestions and input
• With the delivery of bad news be prepared to quantify the
  financial impact, offer alternative strategies to recovery
  and demonstrate a willingness to solicit their advice
March 21, 2012            © 2006-2012 All Rights Reserved - John Fisher   10



NASA Challenger Example

• January 28, 1986, the
  space shuttle Challenger
  exploded shortly after
  launch
• Seven Astronauts died
  because two rubber O-
  rings leaked due to cold
  temperatures
• Engineers from Morton
  Thiokol wanted to abort
  the flight
March 21, 2012                                  © 2006-2012 All Rights Reserved - John Fisher             11



 NASA Challenger Example

• Here are the
 actual graphs
 and charts
 they used to
 communicate
 the issues to
 NASA
 management.




       --Edward Tufte (1997) Visual and Statistical Thinking : Displays of Evidence for Making Decisions, p. 24
March 21, 2012                                   © 2006-2012 All Rights Reserved - John Fisher
                                                                        12




  NASA Challenger Example
• A total of 13
  charts were
  used.
• Only 6 had
  data on either
  launch
  temperature or
  O-Ring failure
• None showed
  the relationship
  between the
  two




       --Edward Tufte (1997) Visual and Statistical Thinking : Displays of Evidence for Making Decisions, p. 25
March 21, 2012                                   © 2006-2012 All Rights Reserved - John Fisher           13



NASA Challenger Example
• Here is a better approach
   • A simple scatter plot demonstrates how far out of range the proposed
     launch temperatures were.
• Lesson: Keep It Simple!



              Temperature at
              launch was projected
                                                                  Relationship of
              to be between 26°F
                                                                  O-Ring Failure
              and 39°F. Any launch
                                                                  to Temperature
              below 55°F was likely
              to experience O-Ring
              failure




      --Edward Tufte (1997) Visual and Statistical Thinking : Displays of Evidence for Making Decisions, p. 23
March 21, 2012         © 2006-2012 All Rights Reserved - John Fisher   14




What can we do to keep Trust?

   • Make sure there is a clear understanding of
     expectations
   • Examine why things did not go well (openly
     review without blame)
   • Don’t over-react or people will become
     paralyzed to make decisions.
   • Never violate it!......It means more than any
     single issue that may be at hand.
March 21, 2012                 © 2006-2012 All Rights Reserved - John Fisher   15




   Some Things to Think About
   • First impressions are often lasting impressions
      • Do a good job the first time
   • Every impression counts
      • Each person representing IT can impact the trust of any client
        they come into contact with
   • Once lost or damaged, trust is difficult to restore
   • Trust in an organization or institution is easier to lose
     and more difficult to restore than trust in an individual
   • Clients will forgive a mistake much faster than a lapse
     in trustworthy behavior
   • Once you have establish a high degree of trust,
     inevitable mistakes will be more easily accepted.
March 21, 2012      © 2006-2012 All Rights Reserved - John Fisher   16




                 Questions



                 Thank You !

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Trust and Trustworthiness

  • 1. Trust and Trustworthiness Who trusts you? And Who do you trust? TEEPEE March 21, 2012 John Fisher Chief Value Officer NET(net), Inc.
  • 2. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 2 Trust & Trustworthiness Just what is Trust? We readily give it and strive hard to earn it…..with each other, with our clients and with our business partners Trust is earned, not assumed! • Acquired through open, honest and complete communication with the other party. • Maintained by predictable dependable behavior. • Nourished through mutual respect and an understanding of the value it derives.
  • 3. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 3 Trust Exercise 1 2 List the names of people you Explain why you trust the trust: (Friends, Family, people on the list associates, clients) 3 4 List the names of people or What would have to happen things you do NOT trust to make you trust this person or thing? Source: The Dooley Group
  • 4. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 4 What did we learn? • There were a few surprises • There were some contradictions • Common elements of Trust • Predictability • Shared positive experiences • Common History – it doesn’t happen quickly • Honesty – no hidden agendas • Clarity about intentions • Taking care to do the right things • Isn’t always both ways • Often based on faith/belief • Time can change it – so can circumstances
  • 5. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 5 What did we learn? • You should know your own trust framework • Think about what it takes to get trust in the first place • How is it different to regain trust in an organization versus trust in a person? • What does it take to get trust back? • Does it take 15 years vs. 15 minutes or 15 days? • Can it ever be regained?
  • 6. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 6 Is IT or the CIO Trustworthy? • What are we doing to build trust? • What are we doing to destroy trust? • Projects are late • Expectations are not clarified • We often don’t communicate changes in plan or intention • IT is often an Institution or a “thing” • Trust in Things is hard to develop and easy to lose • Every customer encounter can build or destroy Trust • Technology is often difficult to understand, • But is very important to our clients • The way organizations use technology often changes • Even in the middle of a project • Constant communications is a key to keeping trust
  • 7. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 7 Trust & Trustworthiness Fostering trust, confidence & support from your clients and business partners • Communicating Goals of the Project/Organization • Understanding Expectations • Managing Challenging Times • Reporting Bad News Effectively • Build a Good History of Your Engagements
  • 8. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 8 Trust Building Ideas • Always prepare your business partners prior to a meeting that will contain controversial issues. • Poll members, understand their position and work behind the scenes to reach as much consensus as possible • Outline and present the core issue as you perceive it in order to avoid misperceptions • Full disclosure on all issues. No surprises. All relevant information disclosed • Kept current on all matters of interest or importance.
  • 9. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 9 Communicating Bad News Effectively • Your clients do not like surprises. • The skill is knowing when to prepare them for the potential of bad news vs. distracting them with non critical matters • They want to be informed of potentially adverse news when there is still time for their suggestions and input • With the delivery of bad news be prepared to quantify the financial impact, offer alternative strategies to recovery and demonstrate a willingness to solicit their advice
  • 10. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 10 NASA Challenger Example • January 28, 1986, the space shuttle Challenger exploded shortly after launch • Seven Astronauts died because two rubber O- rings leaked due to cold temperatures • Engineers from Morton Thiokol wanted to abort the flight
  • 11. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 11 NASA Challenger Example • Here are the actual graphs and charts they used to communicate the issues to NASA management. --Edward Tufte (1997) Visual and Statistical Thinking : Displays of Evidence for Making Decisions, p. 24
  • 12. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 12 NASA Challenger Example • A total of 13 charts were used. • Only 6 had data on either launch temperature or O-Ring failure • None showed the relationship between the two --Edward Tufte (1997) Visual and Statistical Thinking : Displays of Evidence for Making Decisions, p. 25
  • 13. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 13 NASA Challenger Example • Here is a better approach • A simple scatter plot demonstrates how far out of range the proposed launch temperatures were. • Lesson: Keep It Simple! Temperature at launch was projected Relationship of to be between 26°F O-Ring Failure and 39°F. Any launch to Temperature below 55°F was likely to experience O-Ring failure --Edward Tufte (1997) Visual and Statistical Thinking : Displays of Evidence for Making Decisions, p. 23
  • 14. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 14 What can we do to keep Trust? • Make sure there is a clear understanding of expectations • Examine why things did not go well (openly review without blame) • Don’t over-react or people will become paralyzed to make decisions. • Never violate it!......It means more than any single issue that may be at hand.
  • 15. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 15 Some Things to Think About • First impressions are often lasting impressions • Do a good job the first time • Every impression counts • Each person representing IT can impact the trust of any client they come into contact with • Once lost or damaged, trust is difficult to restore • Trust in an organization or institution is easier to lose and more difficult to restore than trust in an individual • Clients will forgive a mistake much faster than a lapse in trustworthy behavior • Once you have establish a high degree of trust, inevitable mistakes will be more easily accepted.
  • 16. March 21, 2012 © 2006-2012 All Rights Reserved - John Fisher 16 Questions Thank You !