The 2024 Nobel Prize in Economics shows that trust is the cornerstone of success!
My bold thesis: Doesn't the principle for successful economies also apply to successful companies?
Let me apply the approach to the corporate level. Only if I have trust in the management, if I know that I will be able to make progress, that the same standards apply to everyone, is my commitment worthwhile.
Staff motivation and loyalty:
When the ground rules are clear, employees get fully involved. Naturally, this leads to higher productivity, lower staff turnover and a better work environment.
This certainty and trust make communication easier. Exchange, innovation and joint action takes place. Everyone benefits from the fact that those around them are also involved.
That is why it is important for all of us in democracies:
Work on being trustworthy. For your family, your colleagues, employees and superiors at work, in your community and in every role you take on. You get back more than you give.
Your small contribution makes a difference and helps us to be together, successful every day. Sustainability!