Inspire Trust

Covey, Stephen M. R.
November 2008
Leadership Excellence;Nov2008, Vol. 25 Issue 11, p16
The article talks about trust, which is the single most powerful lever a person has to improve his or her family and finances. It notes that trust affects two measurable outcomes, namely speed and cost. The economics of trust states that speed goes down and cost goes up when trust goes down but when trust goes up, speed goes up and cost goes down. It notes that trust is both a noun, which refers to an outcome, value or state of being, and a verb, and it is a competency that can be developed.


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