Pulse Legacy Archive May 2012 | Page 24

conversations Analyze the risks, there are three variables in the “Smart Trust” analysis (see sidebar on page 21) which could help you gain judgment on who, when and how to trust. Provide employees parameters and educate them how to handle situations, but allow them to use their best judgment as to how to make customers happy or solve problems without having to ask their managers. P: What are the steps towards building a culture of trust in a workplace? L: Culture is such a big word and sometimes, small companies or day spas don’t think of their business as a culture, but it really is. What companies tend to do to create a culture is come up with a bunch of rules documented in their policy and procedure manual which, in a low-trust company, is often very thick. The high-end retailer Nordstrom is a great example of a high-trust company which creates a culture of trust through hiring and training and putting together a system that aligns to a high-trust environment, not through a policy and procedure manual. In fact, Nordstrom’s policy and procedure is no bigger than a postcard. It says welcome on the front, and notes on the back: “We only have one rule: Use your best judgment.” Again, you can’t be stupid about this and throw out your policy and procedure manual and replace it with a postcard. You need to first create a high-trust system and hire and train your team for that purpose. “‘Smart Trust’ is NOT ‘blind trust.’ The art of ‘Smart Trust’ is the ability to gain judgment...” and 2) we trusted our customers.” Zappos trusts its employees to make good decisions and trusts its customers—to the extent of letting them ship shoes for free! Jim Sinegal, CEO of Costco, is another great example of a high-trust leader. Costco has the lowest employee turnover in the retail industry and has an extraordinary loyalty from their customers. Their customers have tremendous trust when they purchase an item. In fact, you don’t need a receipt to return an item at Costco, all transactions are in the company’s online database. Sinegal is one of the few CEOs cited by Warren Buffett as best of breed. P: What gets you glued to the TV? L: I watch a lot of news although I tend to look at it differently through the lens of trust. My favorite television show is The Good Wife which I think is interesting since it weaves trust into the whole legal profession. I also like the comedy TV series The Big Bang Theory, I’m sure your young readers will be surprised to hear that a 60-year-old leadership guy watches this show, but I do! P: How do you live the spa lifestyle? P: Can you give examples of leaders who lead and operate using the principle of “Smart Trust”? L: One of the most visible and dramatic examples is Zappos. CEO Tony Hsieh grew a company from zero to a billion dollars in the lowest-trust economic times in history. I asked Tony how, he said two things: “1) We trusted our employees; L: For someone who travels so much, I try to find time to recharge through a good massage treatment at airport spas. I’m also a big believer in taking vacations, although not the kind that involves running around to do touristy things but instead, the rejuvenating kind, like a spa vacation. ■ LEADERSHIPTIP HOW CAN YOU make a business case using trust? Visit digital Pulse on experienceispa.com to read Link’s response. 22 PULSE ■ May 2012 Trust is contagious and reciprocal. Your employees treat your customers the way management treats them.