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An introduction to the six drivers of trust
and reputation. !
Die 6 Vertrauens- und Reputationstreiber.!
Examining how trust and reputation are
interrelated, how trust impacts
stakeholder relations, and how trust can
be analyzed and built.!
!
The 6 drivers of
reputation and
trust.
This	
  publica,on	
  and	
  results	
  are	
  copyright	
  mext	
  2013.	
  HuTrust	
  and	
  the	
  6	
  drivers	
  of	
  trust	
  are	
  copyright	
  and	
  trademark	
  of	
  ifm/mext.	
  Copying	
  and	
  publishing	
  by	
  any	
  means	
  is	
  not	
  permiCed	
  without	
  express	
  permission	
  of	
  the	
  copyright	
  holder	
  except	
  as	
  permiCed	
  through	
  the	
  Australian	
  copyright	
  act	
  and	
  for	
  informa,on	
  purposes.	
  	
  	
  
All	
  images	
  copyright	
  Istock	
  and	
  used	
  under	
  license	
  by	
  ifm	
  &	
  mext	
  
70-80%
Trust drives over 75% of your
reputation.
This corresponds with
international reputation studies
that show that trust accounts for
70-80% of reputation.!
part of the Asia Pacific mext/duxton group
The more people trust, the higher they
score the organisation’s reputation.!
0%	
  
20%	
  
40%	
  
60%	
  
80%	
  
100%	
  
0	
   1	
   2	
   3	
   4	
   5	
   6	
   7	
   8	
   9	
   10	
  
%	
  of	
  people	
  
Trust	
  score	
  
Has	
  a	
  good	
  
reputa,on	
  
Relates	
  well	
  to	
  
people	
  like	
  us	
  
Is	
  valuable	
  to	
  our	
  
community	
  
part of the Asia Pacific mext/duxton group
•  Driving trust automatically drives
the vast majority of your
reputation.!
•  If we clearly understand trust, we
understand better how to build
and manage 3/4 of our reputation.!
Trust is very important.
part of the Asia Pacific mext/duxton group
Let’s look at trust in detail.
part of the Asia Pacific mext/duxton group
To understand what trust is made of, we use
HuTrust®.
HuTrust® dimensionalises trust into its 6 facets. !
!
§  Psychologically correct!
§  Statistically proven!
§  Practically proven with many leading organisations
from Australia to Qatar.!
HuTrust (for human trust) displays the 6 facets that make
up trust.!
This enables to understand what people (don’t) trust for
and therefore turn ‘trust’ into an actionable concept.!
part of the Asia Pacific mext/duxton group
Through research and application we confirmed that the six
facets of HuTrust® are the six key drivers of reputation and
trust in businesses and brands.!
part of the Asia Pacific mext/duxton group
Trust Facet 1: Stability!
You must have clear roots!
part of the Asia Pacific mext/duxton group
Trust Facet 2: Development !
You must show you will develop & and take
leadership!
part of the Asia Pacific mext/duxton group
Trust Facet 3: Relationship !
You need to offer an attractive kind of relationship. !
part of the Asia Pacific mext/duxton group
Trust Facet 4 : Benefit !
You need to deliver a compelling
benefit.!
part of the Asia Pacific mext/duxton group
Trust Facet 5 : Vision!
What aspiration or image do you pursue? How is that
attractive?!
part of the Asia Pacific mext/duxton group
Trust Facet 6: Competence!
You must show what competences you have
and portray competitiveness !
part of the Asia Pacific mext/duxton group
The 6 drivers of HuTrust® drive and explain 77% of
reputation!
0%
20%
40%
60%
80%
Company	
  1 Company	
  2 Company	
  3
77% 75%
68%
N=	
  >	
  2,500	
  
part of the Asia Pacific mext/duxton group
Trust	
  drivers	
  
Reputa3on	
  drivers	
  
14%	
   15%	
  
24%	
  
12%	
  
16%	
  
19%	
  
15%	
  
12%	
  
19%	
  
12%	
  
23%	
  
19%	
  
0%	
  
5%	
  
10%	
  
15%	
  
20%	
  
25%	
  
30%	
  
Stability Development Reltionship Benefit Vision Competence
In this specific case, to build reputation most effectively, the
organization needs to focus on building relationship and vision trust.!
HuTrust® tells you precisely what your trust opportunities are and how to seize them.
part of the Asia Pacific mext/duxton group
Reputation
Stability trust
Development trust
Relationship trust
Benefit trust
Vision trust
Competence trust
Other factors
77%	
  
23%	
  
HuTrust® empowers you to take control of your key reputation driver - trust.
Attributes
Signals
Messages
Behaviours
Programs
part of the Asia Pacific mext/duxton group
Global	
  	
  contact:	
  
mext	
  Consul3ng	
  Australia	
  	
  
Stefan	
  Grafe,	
  Managing	
  Partner	
  &	
  HuTrust®	
  Developer	
  
Stefan.grafe@mextconsul,ng.com	
  
	
  
165	
  Cremorne	
  Street	
  	
  
Richmond	
  VIC	
  3122	
  
+61	
  3	
  94285417	
  
Duxton	
  Consul3ng	
  Singapore	
  
Email:	
  laurenz.koehler@duxton	
  
consul,ng.com	
  
Address:	
  	
  26	
  Duxton	
  Rd.	
  
Singapore	
  089490	
  
Phone:	
  +65	
  6323	
  3340	
  
Chris3na	
  Eisenschmid	
  
Email:	
  
chris,na.eisenschmid@psyma.com	
  
Address:	
  Nymphenburger	
  Str.	
  14	
  
80335	
  Munich	
  
Phone+49	
  (0)	
  89	
  20209610	
  
Concerto	
  Marke3ng	
  
Suite	
  250	
  –	
  128	
  Has,ngs	
  St.	
  West	
  
Vancouver,	
  BC	
  V6B	
  1G8	
  
t:	
  604-­‐684-­‐8933	
  
f:	
  604-­‐684-­‐8934	
  
Who	
  Group	
  Australia	
  
M.Dudley	
  	
  
Email:	
  md@whogroup.com	
  
Level	
  2,	
  1	
  Southbank	
  Blvd	
  
Southbank	
  VIC	
  3006	
  
03	
  8636	
  4000	
  
Tred	
  Interna3onal	
  
Adam	
  Thorp,	
  Director	
  
Mobile:	
  0417	
  584	
  599	
  	
  
Phone:	
  02	
  9300	
  6439	
  
www.tredinterna,onal.com	
  
Email:	
  info@tredinterna,onal.com	
  
For further information and
HuTrust® usage, please
contact:

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HuTrust - The six drivers of reputation and trust

  • 1. An introduction to the six drivers of trust and reputation. ! Die 6 Vertrauens- und Reputationstreiber.! Examining how trust and reputation are interrelated, how trust impacts stakeholder relations, and how trust can be analyzed and built.! ! The 6 drivers of reputation and trust. This  publica,on  and  results  are  copyright  mext  2013.  HuTrust  and  the  6  drivers  of  trust  are  copyright  and  trademark  of  ifm/mext.  Copying  and  publishing  by  any  means  is  not  permiCed  without  express  permission  of  the  copyright  holder  except  as  permiCed  through  the  Australian  copyright  act  and  for  informa,on  purposes.       All  images  copyright  Istock  and  used  under  license  by  ifm  &  mext  
  • 2. 70-80% Trust drives over 75% of your reputation. This corresponds with international reputation studies that show that trust accounts for 70-80% of reputation.! part of the Asia Pacific mext/duxton group
  • 3. The more people trust, the higher they score the organisation’s reputation.! 0%   20%   40%   60%   80%   100%   0   1   2   3   4   5   6   7   8   9   10   %  of  people   Trust  score   Has  a  good   reputa,on   Relates  well  to   people  like  us   Is  valuable  to  our   community   part of the Asia Pacific mext/duxton group
  • 4. •  Driving trust automatically drives the vast majority of your reputation.! •  If we clearly understand trust, we understand better how to build and manage 3/4 of our reputation.! Trust is very important. part of the Asia Pacific mext/duxton group
  • 5. Let’s look at trust in detail. part of the Asia Pacific mext/duxton group
  • 6. To understand what trust is made of, we use HuTrust®. HuTrust® dimensionalises trust into its 6 facets. ! ! §  Psychologically correct! §  Statistically proven! §  Practically proven with many leading organisations from Australia to Qatar.! HuTrust (for human trust) displays the 6 facets that make up trust.! This enables to understand what people (don’t) trust for and therefore turn ‘trust’ into an actionable concept.! part of the Asia Pacific mext/duxton group
  • 7. Through research and application we confirmed that the six facets of HuTrust® are the six key drivers of reputation and trust in businesses and brands.! part of the Asia Pacific mext/duxton group
  • 8. Trust Facet 1: Stability! You must have clear roots! part of the Asia Pacific mext/duxton group
  • 9. Trust Facet 2: Development ! You must show you will develop & and take leadership! part of the Asia Pacific mext/duxton group
  • 10. Trust Facet 3: Relationship ! You need to offer an attractive kind of relationship. ! part of the Asia Pacific mext/duxton group
  • 11. Trust Facet 4 : Benefit ! You need to deliver a compelling benefit.! part of the Asia Pacific mext/duxton group
  • 12. Trust Facet 5 : Vision! What aspiration or image do you pursue? How is that attractive?! part of the Asia Pacific mext/duxton group
  • 13. Trust Facet 6: Competence! You must show what competences you have and portray competitiveness ! part of the Asia Pacific mext/duxton group
  • 14. The 6 drivers of HuTrust® drive and explain 77% of reputation! 0% 20% 40% 60% 80% Company  1 Company  2 Company  3 77% 75% 68% N=  >  2,500   part of the Asia Pacific mext/duxton group
  • 15. Trust  drivers   Reputa3on  drivers   14%   15%   24%   12%   16%   19%   15%   12%   19%   12%   23%   19%   0%   5%   10%   15%   20%   25%   30%   Stability Development Reltionship Benefit Vision Competence In this specific case, to build reputation most effectively, the organization needs to focus on building relationship and vision trust.! HuTrust® tells you precisely what your trust opportunities are and how to seize them. part of the Asia Pacific mext/duxton group
  • 16. Reputation Stability trust Development trust Relationship trust Benefit trust Vision trust Competence trust Other factors 77%   23%   HuTrust® empowers you to take control of your key reputation driver - trust. Attributes Signals Messages Behaviours Programs part of the Asia Pacific mext/duxton group
  • 17. Global    contact:   mext  Consul3ng  Australia     Stefan  Grafe,  Managing  Partner  &  HuTrust®  Developer   Stefan.grafe@mextconsul,ng.com     165  Cremorne  Street     Richmond  VIC  3122   +61  3  94285417   Duxton  Consul3ng  Singapore   Email:  laurenz.koehler@duxton   consul,ng.com   Address:    26  Duxton  Rd.   Singapore  089490   Phone:  +65  6323  3340   Chris3na  Eisenschmid   Email:   chris,na.eisenschmid@psyma.com   Address:  Nymphenburger  Str.  14   80335  Munich   Phone+49  (0)  89  20209610   Concerto  Marke3ng   Suite  250  –  128  Has,ngs  St.  West   Vancouver,  BC  V6B  1G8   t:  604-­‐684-­‐8933   f:  604-­‐684-­‐8934   Who  Group  Australia   M.Dudley     Email:  md@whogroup.com   Level  2,  1  Southbank  Blvd   Southbank  VIC  3006   03  8636  4000   Tred  Interna3onal   Adam  Thorp,  Director   Mobile:  0417  584  599     Phone:  02  9300  6439   www.tredinterna,onal.com   Email:  info@tredinterna,onal.com   For further information and HuTrust® usage, please contact: