Trust: key to every relationship

Knowledge-based organizations base their competitiveness on knowledge and specific knowledge-related capabilities. The nature of knowledge is an important determinant enhancing understanding of firm behaviour and related organizing.
An overview of trust and trust building in networks delivered by Kirsimarja Blomqvist from Lappeenranta University of Technology
For trust to be a source of organizational competitiveness, a holistic and comprehensive development is needed. A strategic approach to trust building must consider different dimensions of trust, as well as related trust-building processes. Different types of trust are complementary and an organization actively supporting development of impersonal and interpersonal elements of trust can build stronger organizational trust among employees and other stakeholders. Even if there would be an aspiration to develop (trust capital and) trust in all stakeholders it is important to start by developing firm-internal trust in employees because of the interaction between internal and external norms and values, as she cites in this paper.
Whilst some researchers disagree whether trust can be intentionally created, clearly trust is very difficult to develop and sustain. A sort of ‘familiarity breeds mistrust’ can set in if certain boundaries are not respected or given due regard. It is however believed that the conditions (processes, routines and settings) affecting the evolution of trust may be managed. In order to do so, Blomqvist analyzes what is known of the creation and experience of trust. It becomes evident that interpersonal and inter-organizational trust creation is key and she shows some means to build trust and build a conceptual model on trust building in inter-organizational context.
An overview of trust and trust building in networks
A Video Lecture by Kirsimarja Blomqvist






