The Speed Of Trust: The One Thing that Changes Everything

The Speed of Trust underlines the pivotal role trust plays in both personal and professional relationships, its economic implications, and its cross-disciplinary relevance. Covey’s exploration of the subject reveals the multifaceted nature of trust and positions it as a vital tool that accelerates success, both on an individual and organizational level.

Covey begins by weaving personal and professional anecdotes with theoretical insights, emphasizing the profound impact trust has in various contexts. By discussing concepts like the “trust tax” and “trust dividend,” he demonstrates the direct and tangible effects of trust in economic transactions, making the importance of trust more palpable and accessible. Trust not only impacts the speed of transactions but also influences cost, underscoring its strategic importance. By using a variety of evidence ranging from subjective experiences to historical events and data from studies, Covey argues for trust’s role in driving economic prosperity.

Delving further into the concept, Covey elaborates on his five waves of trust model, which offers a tiered understanding of trust, starting from an individual level and extending to societal structures. Covey dedicates a whole section to self-trust, exploring credibility and identifying its four core components: integrity, intent, capabilities, and results.