The High Cost of Lost Trust
Everyone knows that leaders have to “walk the talk,” right? Think of the manager who hangs “Customers Come First” placards in every department and a month later cuts the customer service staff. He may have a good reason for the layoffs—indeed, he may have had no choice—but he has undermined his staff’s trust, and there will be a price to pay.
A version of this article appeared in the September 2002 issue of Harvard Business Review.