2012 trust barometer: germany results
DESCRIPTION
The 2012 Edelman Trust Barometer examines trust in four key institutions -- government, business, media, and NGOs -- as well as communications channels and sources.TRANSCRIPT
1 © Edelman, 2012. All rights reserved.
2012EDELMAN TRUST BAROMETERGERMANY RESULTS
2 © Edelman, 2012. All rights reserved.
2012 Edelman Trust BarometerMETHODOLOGY OVERVIEW
Twelfth annual study
Online survey in 25 countries30,000+ respondents
1,000 general population respondents per countryAges 18+
Oversample of informed publics*500 respondents in U.S. and China & 200 in all other countries
Ages 25-64 (Trending data among Ages 35-64)
College-educated
In top 25% of household income per age group in each country
Report significant media consumption and engagement in business news and public policy
* This year Informed Publics were surveyed via online methodology instead of telephone** Note: Russia and UAE are not included in the European Union Region total
GENERAL PUBLIC
INFORMEDPUBLIC25-64
INFORMEDPUBLIC35-64
EMEA select countries: UK, Germany, France, Italy, Spain, Netherlands, Sweden, Ireland, Poland, Russia** and UAE**
Indicates Global Data
Indicates European Union Region Data
Indicates Germany Data
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Edelman Trust Barometer in retrospect
Rising Influence of NGOs2001
Fall of the celebrity CEO2002
Earned media more credible than advertising2003
U.S. companies in Europe suffer trust discount2004
Trust shifts from “authorities” to peers2005
“A person like me” emerges as credible spokesperson2006
Business more trusted than government and media2007
Young influencers have more trust in business2008
Business must partner with government to regain trust2009
Trust is now an essential line of business2010
Rise of authority figures2011
4 © Edelman, 2012. All rights reserved.
5 © Edelman, 2012. All rights reserved.
GLOBAL 51China 76UAE 68Singapore 67India 65Indonesia 63Mexico 63Netherlands 61Canada 58Italy 56Argentina 54Australia 53Brazil 51Sweden 49U.S. 49South Korea 44Poland 44U.K. 41Ireland 41France 40Germany 39Spain 37Japan 34Russia 32
GLOBAL 55Brazil 80UAE 78Indonesia 74China 73Netherlands 73Mexico 69Singapore 67Argentina 62India 56Italy 56Canada 55South Korea 53Sweden 52Japan 51Australia 51Spain 51France 50Poland 49Germany 44U.S. 42U.K. 40Russia 40Ireland 39
TRUSTERS
NEUTRAL
DISTRUSTERS
20122011>
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Composite score is an average of a country’s trust in all four institutions. Informed Publics ages 25-64 in 20 country global total (excludes Argentina, Hong Kong, Malaysia, Singapore and UAE) and across 23 countries
Distrust is growing; nearly twice as many countries are now skepticsMajority of EMEA countries are “Distrusters” in 2012
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6 © Edelman, 2012. All rights reserved.
2007 2008 2009 2010 2011 201220%
30%
40%
50%
60%
70%
80%
52% 53% 54%57%
59%
54%
44%48% 46%
45% 46%
47%52%
51%49%
53%53%
47%
40%43% 44%
46% 49%
38%
NGOs
Media
Business
Government
BUSINESS
GOVERNMENT
TRUST IN INSTITUTIONS – 18-COUNTRY GLOBAL TOTAL
Q11-14. [TRACKING] Below is a list of institutions. For each one, please indicate how much you trust that institution to do what is right using a 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) Informed Publics ages 35-64 in 18 country global total (excludes Argentina, Australia, Hong Kong, Indonesia, Malaysia, Singapore and UAE)
Globally, NGOs and business fall to 2009 trust level – government record decline
7 © Edelman, 2012. All rights reserved.
2007 2008 2009 2010 2011 201220%
30%
40%
50%
60%
70%
80%
39%
47%49%
53% 53%
46%
29%
38%
46%
38%35%
43%
31% 35%33%
39%
51%
32%
24%27%
35%
41%
34%31%
NGOs
Media
Business
Government
BUSINESS
GOVERNMENT
TRUST IN INSTITUTIONS – GERMANY
Q11-14. [TRACKING] Below is a list of institutions. For each one, please indicate how much you trust that institution to do what is right using a 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) Informed Publics ages 35-64 in Germany
In Germany, trust in business drops nineteen percentage points and is on par with government trust
8 © Edelman, 2012. All rights reserved.
49% 52%46%
56%53%
47%
TRUST IN INSTITUTIONS
Q11-14. [TRACKING] Below is a list of institutions. For each one, please indicate how much you trust that institution to do what is right using a 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) Informed Publics ages 25-64 in 20 country global total (excludes Argentina, Hong Kong, Malaysia, Singapore and UAE) AND General Population in 25 country global total
Globally, trust in three of four institutions declines; only media rises
Business
Media
2011 Informed Public2012 Informed Public2012 General Public
58%
50%
NGOs
61%
52%
43%38%
Government
9 © Edelman, 2012. All rights reserved.
TRUST IN INSTITUTIONS - GERMANY
Q11-14. [TRACKING] Below is a list of institutions. For each one, please indicate how much you trust that institution to do what is right using a 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) General Population AND Informed Publics ages 25-64 in Germany
In Germany, trust in business declines significantly; government trust remains low
NGOs
Business
Media
Government
2011 Informed Public2012 Informed Public2012 General Public
0.270.330.33 0.330.34
0.52
0.390.42
0.37 0.36
0.48
0.55
10 © Edelman, 2012. All rights reserved.
GlobalChina
Canad
aU.S.
Australi
a
Poland
Sweden
Russia
IndiaIta
ly
Irelan
d
Mexic
oU.K.
Japan
Netherla
ndsUAE
German
yBra
zil
Fran
ceSp
ain
56%61%
50%
46%
54%
44%
52%
41%
70%
64%
46%
81%
44%
53%
74%78%
52%
81%
48%
53%53%
71%
56%
50%
57%
46%
54%
41%
69%
62%
43%
77%
38%
47%
65%67%
34%
63%
28%32%
Several mature economies, including Germany, France and Spain, see double-digit drops in business trustTRUST IN BUSINESS
Q11-14. [Business in General TRACKING] Below is a list of institutions. For each one, please indicate how much you trust that institution to do what is right using a 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) Informed Publics ages 25-64 in 20 country global total (excludes Argentina, Hong Kong, Malaysia, Singapore and UAE) and across 19 countries
TrustTrust Trust Steady
50%
2011 Informed Public2012 Informed Public
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20122011
Q16-26. [TRACKING] Please indicate how much you trust businesses in each of the following industries to do what is right. Again, please use the same 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) Informed publics ages 25-64 in Germany
TRUST IN INDUSTRIES – GERMANY
Technology
Automotive
Telecommunications
Food and beverage
Media
Brewing and spirits
Consumer packaged goods
Pharmaceuticals
Energy
Banks
Financial services
64%
55%
47%
43%
41%
39%
36%
34%
24%
19%
14%
Technology
Automotive
Telecommunications
Media
Pharmaceuticals
Energy
Brewing and spirits
Food and beverage
Consumer packaged goods
Financial services
Banks
84%
79%
63%
57%
57%
48%
47%
37%
35%
32%
23%
- 16
- 20
- 23
- 16
- 18
- 24
- 24
The top three most trusted industries remain consistent between 2011 and 2012; pharmaceuticals and energy industries fall significantly in Germany
12 © Edelman, 2012. All rights reserved.
2007 2008 2009 2010 2011 20120%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
41%
47%
31%
21%
14%
22%
43%
35%27%
27%
51%
23%
34%42%
23%
17%22%
18%
29%26%
21%
27% 25%
43%45%
53%
36%
42%45%
37%
U.K.
France
Germany
Italy
Russia
Q16-26. [Banks TRACKING] Please indicate how much you trust businesses in each of the following industries to do what is right. Again, please use the same 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) Informed publics ages 35-64 in France, Germany, Italy, Russia and the U.K.
TRUST IN BANKS
German trust in banks remains less than 25% since 2009
13 © Edelman, 2012. All rights reserved.
2007 2008 2009 2010 2011 20120%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
67% 67%
59%
74%71%
70%70% 75% 73%
77%81%
70%
62%59%
65%
77%83%
63%
69%
80% 79%
91%86%
83%
67%
72% 69%
68%
58% 58%
U.K. France
Germany Italy
Russia
Q16-26. [Technology TRACKING] Please indicate how much you trust businesses in each of the following industries to do what is right. Again, please use the same 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) Informed publics ages 35-64 in France, Germany, Italy, Russia and the U.K.
TRUST IN TECHNOLOGY
German trust in technology decreases, and is relatively lower than other markets, with the exception of Russia
14 © Edelman, 2012. All rights reserved.
Global
Irelan
dIndia
Canad
aU.S.
German
y
Sweden
U.K.
Australi
a
Mexico
UAERussi
aChina
Poland
Italy
Netherla
nds
France
Spain
Japan
Brazil
52%
20%
44%
52%
40%
33%
64%
43%
52%
42%
88%
39%
88%
42% 45%
75%
49%
43%
51%
85%
43%
35%
53%56%
43%
33%
62%
38%
47%
35%
78%
26%
75%
28%31%
61%
31%
20%25%
32%
50%
TRUST IN GOVERNMENT
Q11-14. [Government in General TRACKING] Below is a list of institutions. For each one, please indicate how much you trust that institution to do what is right using a 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) Informed Publics ages 25-64 in 20 country global total (excludes Argentina, Hong Kong, Malaysia, Singapore and UAE) and across 19 countries
2011 Informed Public2012 Informed Public
TrustTrust SteadyTrust
German trust in government does not change between 2011 and 2012, and remains relatively low
15 © Edelman, 2012. All rights reserved.
GlobalIndia U.S. U.K.
Italy
Australi
a
Canad
a
German
y
Sweden
Spain
China
Mexico
Irelan
dRussi
a
France
Poland
Netherla
ndsUAE
Brazil
Japan
49% 50%
27%
22%
45%
32%
45%
37% 37%
46%
80%
67%
38% 37%
45%
53%
69%72% 73%
48%52%
70%
45%
37%
57%
43%
54%
42%38%
46%
79%
65%
35%33%
41%
48%
61% 61% 61%
36%
Trust Steady Trust
50%
TRUST IN MEDIA
Q11-14. [Media in General TRACKING] Below is a list of institutions. For each one, please indicate how much you trust that institution to do what is right using a 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) Informed Publics ages 25-64 in 20 country global total (excludes Argentina, Hong Kong, Malaysia, Singapore and UAE) and across 19 countries
2011 Informed Public2012 Informed Public
Trust
In Germany, trust in media remains steady, and still trusted by less than majority
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38%
20%
3%6%
24%
13%
5%7%
2011 Informed Public
2012 Informed Public
- 14
Q149-160. [TRACKING] Below is a list of places where you might get information about a company. For each, please indicate if you trust it a great deal, somewhat, not too much, or not at all as a source of information about a company. (Top Box - % Trust A Great Deal) Informed Publics ages 25-64 in Germany
TRUST IN INFORMATION SOURCES – GERMANY
ONLINE MULTIPLE SOURCESTRADITIONAL SOCIAL MEDIA CORPORATE
Diversification of Media
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GlobalChina
IndiaIta
lyU.K.
U.S.
France
Australi
a
Irelan
d
Poland
Canad
aUAE
Mexico
German
ySp
ain
Sweden
Netherla
ndsRussi
aJap
anBraz
il
61%63%
61%
70%
51%55%
58%
65%
53%56%
72% 72%
85%
55%
60%
53%
72%
42%
51%
80%
58%
79%
67%
74%
54%58%
60%
65%
53%
55%
66% 66%
78%
48% 51%
41%
59%
28% 30%
49%50%
TRUST IN NON-GOVERNMENTAL ORGANIZATIONS (NGOS)
Q11-14. [Non-governmental organizations (NGOs) TRACKING] Below is a list of institutions. For each one, please indicate how much you trust that institution to do what is right using a 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) Informed Publics ages 25-64 in 20 country global total (excludes Argentina, Hong Kong, Malaysia, Singapore and UAE) and across 19 countries
2011 Informed Public2012 Informed Public
TrustTrust Steady Trust
NGOs still most trusted institution, despite some drops; German trust in NGOs falls to less than majority
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A person like yourself
Technical expert in the company
Academic or expert
NGO representative
Regular employee
Government official or regulator
CEO
Financial or industry analyst
72%
59%
53%
48%
41%
22%
21%
20%
Academic or expert
A person like yourself
Technical expert in the company
Financial or industry analyst
NGO representative
Government official or regulator
CEO
Regular employee
77%
75%
58%
56%
49%
30%
24%
23%
CREDIBLE SPOKESPEOPLE – GERMANY
20122011
Q119-126. [TRACKING] Below is a list of people. In general, when forming an opinion of a company, if you heard information about a company from each person, how credible would the information be--extremely credible, very credible, somewhat credible, or not credible at all? (Top 2 Box, Credible: Very + Extremely Credible) Informed Publics ages 25-64 in Germany
- 36
+ 18
- 24
Credibility of regular employees increases in Germany, while academics or experts, and financial or industry analysts suffer declines
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Once (1), 3%
Twice (2), 20%
Three times (3), 41%
Four or Five times (4 - 5), 25%
Six to Nine times (6-9), 3%
Ten or more times (10+), 8%
Three to Five times
66%
Q148. [TRACKING] Think about everything you see or hear every day about companies, whether it is positive or negative. How many times in general do you need to be exposed to something about a specific company to believe that the information is likely to be true? Please enter the number of times below. (Excludes ‘Don’t Know’ responses) Informed publics ages 25-64 in Germany
NUMBER OF TIMES NEEDED TO HEAR INFORMATION – GERMANY
Skepticism requires repetition in Germany MAJORITY NEEDS TO HEAR INFO 3-5 TIMES TO BELIEVE
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CEO credibility lowest in Germany, with large declines in France & Russia
2003 2004 2005 2006 2007 2008 2009 2010 2011 20120%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
23%
27%
19%26%
16%
27%20%
33% 35%
26%28%
23%
17%
25%
14%
21%13%
23%
45%
20%
33%
13%
29%34%
23% 22%19% 21%
25%18%
0.26
0.21
0.310000000000001
0.19
0.25
0.350.35
0.25
0.3800000000000010.35
0.49
0.600000000000001
0.36
U.K.
France
Germany
Italy
Russia
Q119-126. [A CEO of a company TRACKING] Below is a list of people. In general, when forming an opinion of a company, if you heard information about a company from each person, how credible would the information be--extremely credible, very credible, somewhat credible, or not credible at all? (Top 2 Box, Credible: Very + Extremely Credible) Informed Publics ages 35-64 in France, Germany, Italy, Russia and the U.K.
CEO CREDIBILITY
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22 © Edelman, 2012. All rights reserved.
Trust in business and government move in sync since 2008 in Western Economies
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 20120%
20%
40%
60%
80%
44%
44%
48%51%
48% 49%53%
58%
38%
51%45% 45%
27%
48%
39%
48%44%
38% 38%
39%
30%
43%37%
36%
U.S.
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 20120%
20%
40%
60%
80%
32%
41%35%
40% 36% 38%34%
36%
36%
39%
46%
30%
36%
26% 25%31% 27%
31%
22%
32%
37%
38%43%
31%
UK/France/Germany
Q11-14. [Business in General and Government in general TRACKING] Below is a list of institutions. For each one, please indicate how much you trust that institution to do what is right using a 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) Informed Publics ages 35-64 in the U.S. and UK/France/Germany
TRUST IN BUSINESS AND GOVERNMENTBusiness
Government
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50%
GlobalIta
lySp
ain
Irelan
dU.K.
France
German
y
Australi
aU.S.
Russia
Mexico
Poland
Canad
a
Netherla
ndsBraz
ilIndia
Sweden
Japan
ChinaUAE
27%
51%
44%
48%
42%
50%
36%
40% 38%
23%
13%
34% 36% 34%
10% 10%
26%
11%
24%
14%
46%
73%69% 69%
66% 66% 65%
60%
53%51% 50%
47% 46% 46%43% 43%
40%
34%
29%
17%
Q126A. [SPLIT SAMPLE] How much do you trust business leaders to tell you the truth, regardless of how complex or unpopular it is? (% who say they do not trust them at all) General Population in 25 country global total and across 19 countries; Q126B. [SPLIT SAMPLE] How much do you trust government leaders to tell you the truth, regardless of how complex or unpopular it is? (% who say they do not trust them at all) General Population in 25 country global total and across 19 countries
% WHO DO NOT TRUST THEM AT ALL TO TELL THE TRUTH
Business LeadersGovernment Leaders
Government leaders less trusted than business leaders to tell the truth in most markets; Germany among top countries not trusting of government leaders
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Government not meeting public’s expectations in GermanyGOVERNMENT IMPORTANCE VS. PERFORMANCE – GERMANY
Q132-139. How important is each of the following actions to building your trust in government? Please use a nine-point scale where one means that action is 'not at all important to building your trust' and nine means it is 'extremely important to building your trust'. (Top 2 Box , Very/Extremely Important) General Population in Germany; Q140-147. Please rate your government on how well you think they are performing on each of the following attributes using a nine-point scale where one means they are performing "extremely poorly" and nine means they are performing "extremely well". (Top 2 Box , Performing Very/Extremely Well) General Population in Germany
-53
-51
-52
-51
-37
-33
-31
-29
Gap
LISTENS TO CITIZENS' NEEDS AND FEEDBACK
EFFECTIVELY MANAGES THE FINANCIAL AFFAIRS OF THE COUNTRY
COMMUNICATES FREQUENTLY AND HONESTLY
HAS TRANSPARENT AND OPEN PRACTICES
WORKS TO PROTECT AND IMPROVE THE ENVIRONMENT
PROVIDES NATIONAL TRAINING PROGRAMS TO CREATE EMPLOYMENT OPPORTUNITIES
PARTNERS WITH BUSINESS NGOS, AND THIRD PARTIES TO ADDRESS SOCIETAL ISSUES
CREATES INNOVATIVE PROGRAMS THAT POSITIVELY IMPACT LOCAL COMMUNITIES
65%
64%
64%
63%
52%
44%
41%
40%
12%
13%
12%
12%
15%
11%
10%
11%
Government ImportanceGovernment Performance
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HAS HIGHLY-REGARDED AND WIDELY ADMIRED TOP LEADERSHIP
DELIVERS CONSISTENT FINANCIAL RETURNS TO INVESTORS
PARTNERS WITH NGOS, GOVERNMENT AND THIRD PARTIES TO ADDRESS SOCIETAL ISSUES
RANKS ON A GLOBAL LIST OF TOP COMPANIES, SUCH AS 'BEST COMPANIES TO WORK FOR' OR 'MOST ADMIRED COMPANIES'
IS AN INNOVATOR OF NEW PRODUCTS, SERVICES OR IDEAS
CREATES PROGRAMS THAT POSITIVELY IMPACT THE LOCAL COMMUNITY IN WHICH THE COMPANY OPERATES
ADDRESSES SOCIETY'S NEEDS IN ITS EVERYDAY BUSINESS
HAS ETHICAL BUSINESS PRACTICES
WORKS TO PROTECT AND IMPROVE THE ENVIRONMENT
OFFERS HIGH QUALITY PRODUCTS OR SERVICES
TAKES RESPONSIBLE ACTIONS TO ADDRESS AN ISSUE OR A CRISIS
COMMUNICATES FREQUENTLY AND HONESTLY ON THE STATE OF ITS BUSINESS
HAS TRANSPARENT AND OPEN BUSINESS PRACTICES
LISTENS TO CUSTOMER NEEDS AND FEEDBACK
PLACES CUSTOMERS AHEAD OF PROFITS
TREATS EMPLOYEES WELL
12%
10%
10%
12%
31%
16%
15%
13%
16%
38%
16%
15%
15%
20%
14%
14%
27%
29%
30%
32%
38%
41%
46%
50%
53%
54%
54%
54%
55%
60%
60%
62% - 48
- 46
- 40
- 40
- 39
- 38
- 16
- 37
- 37
- 31
- 25
- 7
- 20
- 20
- 19
- 15
Business not meeting public’s expectations in GermanyGap
Q52-69. How important is each of the following actions to building your TRUST in a company? Use a nine-point scale where one means that action is “not at all important to building your trust” and nine means it is “extremely important to building your trust” in a company. (Top 2 Box, Very/ Extremely Important) General Population in Germany (excludes ‘Don’t Know’ responses);Q103-118. Please rate [INSERT COMPANY] on how well you think they are performing on each of the following attributes. Use a nine-point scale where one means they are performing “extremely poorly” and nine means they are performing “extremely well”. (Top 2 Box, Performing Very/ Extremely Well) General Population in Germany
GERMANY
Business ImportanceCompany Performance
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50%
GlobalChina
Spain
Mexico
Irelan
dBraz
il
France
Russia
Italy
U.K.
Canad
aIndia U.S.
Australi
a
German
y
Sweden
Netherla
nds
Poland
UAEJap
an
49%
77%
70%68%
64%
58%
54% 54% 53%51%
48% 48%
40% 40% 38%36% 35% 34%
30% 30%
Q130. When it comes to government regulation of business, do you think that your government regulates business too much, not enough or the right amount? (% who selected ‘not enough’) Informed Publics ages 25-64 in 25 country global total and across 19 countries
% WHO BELIEVE GOVERNMENT DOES NOT REGULATE BUSINESS ENOUGH
Despite lack of trust in government, calls for increased regulations; Germany among most lenient EMEA countries with regard to government regulation of business
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Calls for greater consumer protection and regulation of business in Germany
REGULATE BUSINESS ACTIVITIES to ensure companies are behaving responsibly26%
Work to ENSURE FREE MARKET ACCESS AND OPEN COMPETITION within industries11%
GIVE OR LOAN MONEY TO BUSINESS when it experiences financial crisis2%
BUILD INFRASTRUCTURE that promotes and facilitates business opportunities19%
Government SHOULD NOT PLAY A ROLE in business5%
Q127. Which of the following items do you think makes people in a company most likely to engage in risky and irresponsible behavior that could damage a company? Informed Publics ages 25-64 in Germany; Q131. Which of the following is the most important role that government should play in business? Informed Publics ages 25-64 in Germany
PROTECT CONSUMERS from irresponsible business practices39%
WHICH OF THE FOLLOWING IS THE MOST IMPORTANT ROLE THAT GOVERNMENT SHOULD PLAY IN BUSINESS?
GERMANY
Business can address on its own
Perceived drivers of irresponsible behavior: • Poor management (Global - 29%, EMEA– 34%)• Unethical business practices (Global - 28%, EMEA - 22%)• Shortcuts that lead to poor quality (Global - 21%, EMEA -17%)
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29 © Edelman, 2012. All rights reserved.
THE DYNAMIC OF TRUST BETWEEN
BUSINESS & GOVERNMENT
2008-2009
BUSINESS CAN EARN LICENSE TO LEAD
Low trust in business and CEOs
Business leaders more trusted than
government leadersbusiness has advantage in 24 out of 25 markets
Dwindling trust in government
policy paralysis
Call for increased regulationprotection from irresponsible behavior sought
2011
Business has flexibility and speed
Government responds
30 © Edelman, 2012. All rights reserved.
GERMANY
Q11-14. [TRACKING] [Below is a list of institutions. For each one, please indicate how much you trust that institution to do what is right using a 9-point scale where one means that you “do not trust them at all” and nine means that you “trust them a great deal”. (Top 4 Box, Trust) General Population in Germany; Q52-69. How important is each of the following actions to building your TRUST in a company? Use a nine-point scale where one means that action is “not at all important to building your trust” and nine means it is “extremely important to building your trust” in a company. (Top 2 Box, Very/ Extremely Important) General Population in Germany (excludes ‘Don’t Know’ responses)* ‘Current Trust’ results based on regression analysis of the general population
33% TRUST BUSINESS
1) Innovator of new products
1) Delivers consistent financial returns
3) Ranks on a global list
1) Treats employees well
2) Listens to customer needs and feedback
2) Places customers ahead of profits
4) Has transparent and open business
5) High quality products or services
5) Takes actions to address issue or crisis
5) Communicates frequently and honestly
8) Works to protect/improve environment
9) Has ethical business practices
10) Addresses society's needs
11) Positively impacts the local community
12) Innovator of new products
13) Ranks on a global list
14) Partners with third parties
15) Delivers consistent financial returns
16) Highly regarded, top leadership
Business: from license to operate to license to lead
CURRENT TRUST BUILDING FUTURE TRUST
Societal
Operational
31 © Edelman, 2012. All rights reserved.
Exercise principles-based leadership, not rules based performance
Recognize that operational factors responsible for current trust won’t build future trust, societal and engagement behaviors will
Practice radical transparency: speak first to employees; report on goals
Shape the public discourse on issues of importance to business
Earn License to Lead
32 © Edelman, 2012. All rights reserved.