trust-building

Vocabulary Word

Definition

'Trust-building' includes actions that demonstrate consistency, reliability, and transparency, to increase the level of trust among people in any context.

Examples in Different Contexts

In sales and marketing, trust-building with customers is crucial for long-term relationships and loyalty. A sales manager might advise, 'Building trust through transparent communication and delivering on promises is key to our customer retention strategy.'

Practice Scenarios

Impact

Scenario:

Community involvement is key to the success of our environmental projects. How can we ensure that our actions align with the community's interests?

Response:

Maybe a set of trust-building measures, including community workshops, shared goal-setting, and transparent progress reports can help.

Tech

Scenario:

With the increasing incidences of data breaches, our users need to be reassured about their privacy and security. This will require more than just technical solutions.

Response:

Absolutely, maybe we need a holistic trust-building approach that balances technical advancements with clear communication about our privacy policy.