Watch our video on this topic here – https://www.youtube.com/watch?v=ulCCgzchlN0   Trust underpins success – reward schemes give rise to selfishness and erode trust Over the next decade, it is forecasted that 45% of all jobs in the Australian economy, will be digitised and or automated. In the next decade most industries will face its “Uber”. The decisions of leaders are going to be under increased levels of pressure to meet short term performance goals, whilst supporting strategies that seek to keep the business agile, accurate and responsive. Performance measures and targets combined with reward and recognition schemes, are commonly utilised by leadership teams with the aim of motivating team members to meet and hopefully exceed performance expectations. When we analyse the underpinning factors for people achieving, or not achieving their performance goals we often uncover issues about trust. How trust worthy a leader is perceived has a high degree of influence over the decisions individuals make. And the decisions individuals make determines how well they perform. Professor David DeSteno in his recent work around the science of trust, explains that trust is formed between people as a basic requirement to get a task done. Trust is formed when any one individual … Continue reading Trust and its Impact on Team Performance