"The Speed of Trust"

Paper Summary:

This paper examines how, in Stephen M.R. Covey's book, "Speed of Trust", the author takes the ideas of his father, international best seller Stephen R. Covey, and blazes a revolutionary new path towards productivity and satisfaction. The paper explains that Stephen M.R. Covey's book provides an in-depth look at how trust functions in the every day transactions and relationships of business leaders and public figures and then outlines the type of trust one should expect from the ideal leader according to Covey. The paper concludes with the writer discussing what he found attractive about the management method advocated by Covey.

From the Paper:

"For example, in a situation of a corporate merger the issue of trust and leadership versus management becomes complicated. Let's say the original company will usually take a primarily leadership dominated approach to its business organization, allowing its employees to have many freedoms and responsibilities. The merging company, however, has a motivation approach that places more emphasis on management and incentives. In order to ensure that both performance and job satisfaction remain high for all employees in the newly merged corporation, steps will have to be taken to implement both styles of motivation. "

Sample of Sources Used:

• Covey, Stephen M.R. The Speed of Trust The One Thing that Changes Everything. New York: Free Press, 2006.

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