The Trust Economy: Building Strong Networks and Realising Exponential Value in the Digital Age
- 2h 42m
- Philipp Kristian Diekhöner
- Marshall Cavendish
- 2017
Trust is a key enabler for economic value creation. We trust that a $100 note has value and that a company's stock price corresponds to its actual valuation. The more we trust in the purchasing power of a currency or an investment decision, the more value is created; the less we trust, the less value creation occurs.
A culture of distrust destroys value, impedes progress and reduces competitive advantage. Innovation efforts in large companies struggle because a lack of trust kills initiative, creativity and entrepreneurship. As corporates lurch from one identity crisis to another and startups permeate every industry, only the most trusted players will succeed.
This book introduces a world-first cyclical model for building trust in six easy, repeatable steps. Trust – much like anything without a method or systematic approach – is tough to achieve, and this book will make it easier and more effective than ever before to build the trust you need to make your innovation efforts succeed.
About the Author
Philipp is a Singapore-based intrapreneur, entrepreneur and emerging innovation pioneer. He was among 100 global Leaders of Tomorrow invited to the 45th St. Gallen Symposium in honour of extraordinary achievements under the age of 30. His major contributions to 8-figure advisory engagements and innovation centers of Fortune 500 financial services players revealed to him the importance of trust in enabling transformation. Philipp is a key connector in the startup scene, advisor to several entrepreneurs and organiser of popular startup events.
In this Book
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Why Trust Matters
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Humans First – Trust and Technology
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Redefining Trust
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Social Capital and a Model to Trust
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Stages of the Trust Sequence
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From Trust to Trust – Reimagining Trusted Intermediaries
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Why is It Easier to Trust Startups?
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Building Trust in Innovation
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From Zero to Trust – Applying the Trust Model
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Building a Trust Strategy
