trust currency in the relationship economy

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Trust is the most valuable currency in the Relationship Economy

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Page 1: Trust Currency in the Relationship Economy

TRUSTThe most valuable currency in the Relationship Economy

Page 2: Trust Currency in the Relationship Economy

ALLIES of TrustALLIES: The Spectrum of Trust Factors

A : Appraisal of Credibility

L : Liability & Vulnerability

L : Leverage & Context

I : Index of Connectivity

E : Evaluation of Cost & Compensation

S : Synchronicity, Synergy & Synthesis

* I used "spectrum" because they overlap

Page 3: Trust Currency in the Relationship Economy

Appraisal of CredibilityWho are you?

What can you do for me?

Why should I trust you?

Page 4: Trust Currency in the Relationship Economy

Liability & VulnerabilityWhat risks come with trusting you?

What risks are you taking?

What are your limitations?

Page 5: Trust Currency in the Relationship Economy

Leverage & ContextWho has more leverage? (actual & perceived)

What do you bring to the table?

How important is it to trust you?

Page 6: Trust Currency in the Relationship Economy

Index of ConnectivityHow many mutual connections do we have?

How difficult is it to break ties with you?

How many connections do I gain by trusting you? How many do I lose if I don't?

Page 7: Trust Currency in the Relationship Economy

EvaluationWhat do I get by trusting you?

How much does it cost to trust you?

How much does it cost if I don't?

Page 8: Trust Currency in the Relationship Economy

SynchronicityHow long have we known each other?

How much time have we spent?

Has history proven your trustworthiness?

Page 9: Trust Currency in the Relationship Economy

SynergyWhat have we done together?

What have we shared?

How much have we lost and gained in this relationship?

Page 10: Trust Currency in the Relationship Economy

SynthesisWhat do we call ourselves?

What new thing have we created together?

Where has this trust relationship brought us?