Latest / Revisionist History / How to Trust and Be Trusted with Rachel Botsman
Transcript
- 0:15Speaker 1: Pushkin.
- 0:21Speaker 2: Hello, Hello, Revisionist History listeners, malcome here today we have
- 0:26Speaker 2: a special guest in the house, Rachel Botsman. Rachel is
- 0:29Speaker 2: a lecturer at Oxford University and a world renowned expert
- 0:33Speaker 2: on the topic of trust, and importantly, not most importantly,
- 0:37Speaker 2: but importantly, she's the author of a new Pushkin audiobook,
- 0:40Speaker 2: How to Trust and Be Trusted. After more than fifteen
- 0:44Speaker 2: years teaching trust to CEOs, entrepreneurs, world leaders, and all
- 0:48Speaker 2: kinds of students, she's now sharing these powerful lessons with
- 0:52Speaker 2: you in her new audiobook. You're going to get a
- 0:56Speaker 2: chance to hear one of her lessons from that audiobook
- 0:58Speaker 2: in just a moment. But first I want to speak
- 1:01Speaker 2: with a woman herself, Rachel Botsman, Welcome.
- 1:04Speaker 1: To Revisionist History. Tell me a little bit.
- 1:06Speaker 2: About your interest in trust.
- 1:09Speaker 1: How did you come to this subject.
- 1:11Speaker 3: It's a funny subject to study because it's really intangible trust.
- 1:16Speaker 3: But it came from a fascination in human connection. So
- 1:21Speaker 3: I've always been interested in why we're attracted to some
- 1:25Speaker 3: people and we repel from others. I've always been interested
- 1:29Speaker 3: in what holds groups and teams and society together, and
- 1:35Speaker 3: the force, the social glue is trust, And what I
- 1:40Speaker 3: realized is that in the field of trust you sort
- 1:43Speaker 3: of have people who study like cells and negotiations. So essentially,
- 1:47Speaker 3: how do you manipulate trust to get something from someone,
- 1:50Speaker 3: or you have the other end, which is like the
- 1:53Speaker 3: ester perel end, which is like the therapist. Let's repair
- 1:57Speaker 3: trust when it breaks down. Now, wasn't a lot in between,
- 2:00Speaker 3: which I found fascinating.
- 2:02Speaker 2: Yeah, and we you were drawn to this because is
- 2:06Speaker 2: this something we do naturally well or something that we're
- 2:11Speaker 2: bad at.
- 2:13Speaker 3: It's a good question. We do it. Most of us
- 2:17Speaker 3: trust naturally. It's a very intuitive thing. Most of us
- 2:22Speaker 3: do it badly because we rely on intuition and not information,
- 2:27Speaker 3: and especially in high stakes situations or high risk situations,
- 2:32Speaker 3: we're not really taught how to trust well, how to
- 2:35Speaker 3: give our trust to the right people and products and information,
- 2:39Speaker 3: which is a big one. And everything about our society
- 2:43Speaker 3: and technology now is speeding up those decisions, so our
- 2:45Speaker 3: trust making is getting worse, not better.
- 2:48Speaker 2: What would be some of the most common mistakes we
- 2:52Speaker 2: make when we're trying to kind of make a trust evaluation.
- 2:57Speaker 3: Well, speed is the enemy of trust, so making it
- 3:00Speaker 3: too quickly or under pressure is a really big one.
- 3:03Speaker 3: So most big decisions we have to make because we've
- 3:07Speaker 3: got to hire someone or whatever that might be. So
- 3:09Speaker 3: that's number one. The second is intuition over information. So
- 3:14Speaker 3: I still believe in trusting your gap, but what is
- 3:18Speaker 3: the information. There's a lot of evidence around charisma and
- 3:24Speaker 3: confidence of awaiting capability, and I think we're seeing that
- 3:29Speaker 3: play out in sort of leaders that are getting elected.
- 3:31Speaker 3: So those that seem like bold and disruptive versus steady
- 3:36Speaker 3: and capable and maybe even bland that really influences trust,
- 3:40Speaker 3: they'd be my top three.
- 3:42Speaker 2: Yeah, I'm reminded of years ago I read this study
- 3:45Speaker 2: of student evaluations of professors and how the evaluation a
- 3:52Speaker 2: student makes after like, you know, five seconds is the
- 3:55Speaker 2: same as their evaluation they make at the end of
- 3:57Speaker 2: the term. And they're clearly not making a reasoned decision
- 4:03Speaker 2: about whether they you know, whether this isn't it, whether
- 4:08Speaker 2: this teacher is good, or what they should trust this information,
- 4:10Speaker 2: or they never get beyond the initial question of do
- 4:13Speaker 2: I like this person? The snap judgment, yeah, the snap judgment.
- 4:18Speaker 2: Never they never transcend the snap judgment.
- 4:21Speaker 3: And sometimes it's not even like it's does this person
- 4:23Speaker 3: feel familiar? Like they can't even get beyond that. And
- 4:26Speaker 3: it's the person that feels strange or unfamiliar that sometimes
- 4:31Speaker 3: we just can't or choose not to trust, and that's
- 4:34Speaker 3: that's a real problem.
- 4:35Speaker 2: Yeah, you spend a lot of time on the question
- 4:38Speaker 2: of transparency. You talk a little bit about what do
- 4:42Speaker 2: we gain from adding transparency into these and what do
- 4:46Speaker 2: you mean by transparency in this context.
- 4:49Speaker 3: Or what do we lose as well lose? Yes, I
- 4:53Speaker 3: think it's one of the biggest myths around trust that
- 4:56Speaker 3: needs blowing up. So well. Transparency. I always think of
- 5:01Speaker 3: disclosing information, right, so disclosing lots of lot of information
- 5:04Speaker 3: so you understand why something is happening, or or good
- 5:09Speaker 3: transparencies understanding the context behind a decision, so why did
- 5:14Speaker 3: you choose to do that thing? But transparency in practice
- 5:20Speaker 3: and feel like surveillance. So if you think about transparency,
- 5:24Speaker 3: you're trying to get visibility into something. You're trying to
- 5:28Speaker 3: understand where someone is by tracking them maybe on their phones.
- 5:33Speaker 3: You're trying to understand what they're up to and what
- 5:36Speaker 3: they're doing. And that is the very opposite of trust.
- 5:40Speaker 3: So the way I define trust is a confident relationship
- 5:44Speaker 3: with the unknown So if you think, Malcolm, of people
- 5:47Speaker 3: in your life, your professional or your personal life that
- 5:50Speaker 3: you deeply trust, you don't need to know where they are,
- 5:53Speaker 3: you don't need to know what they're up to. It's
- 5:56Speaker 3: that visibility is a form of control, and that control
- 6:01Speaker 3: can be a sign of lack of trust. So I
- 6:03Speaker 3: think it's I'm not saying transparency is completely a bad thing,
- 6:07Speaker 3: but this idea that you fixed trust issues, systemic trust issues,
- 6:12Speaker 3: trust issues in an organization, even in a relationship, by
- 6:16Speaker 3: making things transparent. It has a backfire effect where it
- 6:20Speaker 3: might work initially because you think, oh, that person's being
- 6:24Speaker 3: more open or I have more visibility into that situation
- 6:27Speaker 3: and therefore more control, but over time it actually leads
- 6:31Speaker 3: to less trust.
- 6:33Speaker 2: But does that you know when you said earlier that
- 6:38Speaker 2: one of the things we need to do is to
- 6:40Speaker 2: not make decisions quickly and gather more information, what's the
- 6:43Speaker 2: difference between gathering more information and transparency.
- 6:48Speaker 3: It's a great question. So it sounds like semantics, but
- 6:51Speaker 3: there's a difference between openness and transparency. So if I
- 6:55Speaker 3: came to you and said, I'd really love to know
- 7:00Speaker 3: why you chose to put me on your podcast, Malcolm
- 7:03Speaker 3: and you said, sure, I'll share that information. That's being open.
- 7:09Speaker 3: But if equal if you said you know what, you
- 7:13Speaker 3: don't really need to know or I can't really explain why.
- 7:16Speaker 3: If I really trusted you, I wouldn't need to know.
- 7:20Speaker 1: Oh, I see, yeah, do you.
- 7:22Speaker 4: What I mean?
- 7:22Speaker 3: So the problem is with transparency is when leaders promise
- 7:25Speaker 3: it and then an employee goes to them that says, well,
- 7:28Speaker 3: I really understand what that person's being paid, or how
- 7:32Speaker 3: the bonus structure works, or why you've changed the pricing
- 7:35Speaker 3: mechanism or whatever it may be, and then the leader goes, hmm,
- 7:39Speaker 3: I can't tell you that. Well, you promised to be transparent. Yeah,
- 7:44Speaker 3: So there's this difference between like being open and being
- 7:49Speaker 3: visible and promising for transparency.
- 7:53Speaker 2: What are so what if you do just put us
- 7:56Speaker 2: in the context of leaders who are managers trying to
- 7:59Speaker 2: create high trust teams? What advice do you give people
- 8:03Speaker 2: who are trying to do that.
- 8:07Speaker 3: Well, the first thing of the some people are trying
- 8:09Speaker 3: to create high trust teams because they're trying to be innovative.
- 8:14Speaker 3: They're trying to get those teams to be able to
- 8:16Speaker 3: tolerate uncertainty. So high trust teams and creative teams. There's
- 8:21Speaker 3: a real correlation there. So one of the things actually
- 8:25Speaker 3: say is don't mistake reducing risk for increasing trust. So
- 8:33Speaker 3: what a lot of teams do is they figure out
- 8:37Speaker 3: all the bad things that go wrong right at the beginning,
- 8:40Speaker 3: and it's a mindset. It's like, we'll just figure out
- 8:43Speaker 3: how to mitigate risks before they've even happened. And if
- 8:47Speaker 3: you create those kind of cultures in your teams, your
- 8:50Speaker 3: trust mindset, your tolerance for uncertainty and the unknown actually reduces.
- 8:56Speaker 3: So one of the really powerful things to do is
- 8:58Speaker 3: actually go, Okay, how does this team expand their capacity
- 9:02Speaker 3: to be in the unknown and to be in that
- 9:04Speaker 3: creative space versus how much of our culture is actually
- 9:08Speaker 3: wired to measuring and managing risks. That's a really big one.
- 9:14Speaker 3: Another one that I mean, that's harder to do because
- 9:21Speaker 3: I don't think many organizations think they think they're thinking
- 9:24Speaker 3: about trust, but they're actually thinking about risk. So that
- 9:27Speaker 3: shift is quite tricky. An easier one that you can
- 9:31Speaker 3: put into practice tomorrow is to become a better expectation setter.
- 9:37Speaker 3: So so many trust issues and I think many managers
- 9:41Speaker 3: and leaders are really bad at doing this is how
- 9:43Speaker 3: you set clear expectations that allow people to be empowered
- 9:50Speaker 3: and to sort of live and work in the unknown.
- 9:52Speaker 3: So it's like, this is what I expect of you
- 9:54Speaker 3: within this timeframe, within these boundaries. Now go play and
- 9:57Speaker 3: go and do it. But we're often really bad at
- 10:00Speaker 3: setting expectations.
- 10:01Speaker 2: Yeah, so tell me. We're about to listen to a
- 10:07Speaker 2: chapter from your book or an excerpt from your book.
- 10:09Speaker 2: Can you tee it up first? What are we about
- 10:10Speaker 2: to hear?
- 10:13Speaker 3: You're about to hear the introduction or chapter one, which
- 10:18Speaker 3: really lays the foundations on what trust is and how
- 10:22Speaker 3: it works in our lives. And I find it fascinating
- 10:27Speaker 3: and also a beautiful thing. That trust has more definitions
- 10:30Speaker 3: than love, so it is the most debated sociological concept
- 10:35Speaker 3: in our lives. And so in chapter one, we really
- 10:39Speaker 3: dig into this understanding of what trust is and how
- 10:42Speaker 3: it works, and how it influences your decisions and decisions
- 10:47Speaker 3: and choices in ways that you may be aware of
- 10:50Speaker 3: or may never have thought about before.
- 10:52Speaker 1: Yeah, wonderful, Rachel.
- 10:55Speaker 2: This has been really fun, and I I think I
- 11:00Speaker 2: speak for all of my listeners when I say that
- 11:03Speaker 2: we are looking forward to hearing what follows.
- 11:06Speaker 3: Yeah, I hope it. I really hope it change the
- 11:09Speaker 3: way people think about trust. That's the reason for doing this.
- 11:12Speaker 1: Yeah, and the name of your book.
- 11:14Speaker 3: Is it's called How to Trust and Be Trusted intentionally
- 11:20Speaker 3: a two way title because trust is something that you
- 11:22Speaker 3: give and something that you earn, and we have to
- 11:26Speaker 3: think about both those things in our lives.
- 11:29Speaker 1: Yeah, thank you so much, Rachel.
- 11:31Speaker 3: Thank you Malcolm.
- 11:33Speaker 2: How to Trust and Be Trusted by Rachel Batsman is
- 11:36Speaker 2: available on pushkin, dot Fm, Audible, Spotify, and anywhere you
- 11:41Speaker 2: get audiobooks. Keep listening for a preview of the audiobook.
- 11:52Speaker 3: Chapter one, how to give your Trust to the right people.
- 11:59Speaker 3: Have you ever trusted the wrong person? In this chapter,
- 12:05Speaker 3: I'm going to teach you a really important workplace skill,
- 12:10Speaker 3: how to give your trust to the right people, because
- 12:14Speaker 3: we can all learn how to make better trust decisions.
- 12:20Speaker 3: I know firsthand about bad trust decisions because when I
- 12:24Speaker 3: was five years old, my parents put their trust in
- 12:28Speaker 3: the wrong person, a nanny. Hello Dad, alright, I called
- 12:50Speaker 3: my dad to ask him more about it.
- 12:53Speaker 5: So I'm calling about the nanny. Mm hmm, you know
- 12:58Speaker 5: which nanny?
- 12:59Speaker 6: I think I know which nanny is.
- 13:01Speaker 3: And nanny are called Doris. It's hard to ever forget Doris.
- 13:07Speaker 5: What was your first impression of her? Sure, what do
- 13:09Speaker 5: you remember when she came into the house.
- 13:12Speaker 6: She was very unimpressive, which is quite a good feature.
- 13:18Speaker 5: No, pair unimpressive. What do you mean by that?
- 13:22Speaker 6: Well, she was so she was a bland person. It
- 13:26Speaker 6: was just inconceivable that somebody like that could do those
- 13:29Speaker 6: sorts of things.
- 13:30Speaker 3: Oh, yes, bland old Doris got up to all sorts
- 13:35Speaker 3: of things. The nanny my parents trusted to take care
- 13:39Speaker 3: of me and my brother turned out to be very untrustworthy. Indeed,
- 13:44Speaker 3: she forged my dad's signature to get a loan for
- 13:47Speaker 3: a car, She stole from us in the most brazen ways,
- 13:53Speaker 3: and she was even running a drugs ring. Really, deciding
- 14:00Speaker 3: whom to trust can be pretty complicated. Okay, so not
- 14:06Speaker 3: everyone has put their trust in a drug dealing nanny. However,
- 14:11Speaker 3: we all know how bad it feels to make a
- 14:14Speaker 3: poor trust decision. But I want you to be able
- 14:17Speaker 3: to make good trust decisions, because being able to trust
- 14:21Speaker 3: people is a positive thing and it will make you
- 14:26Speaker 3: better at your job. So I'm going to tell you
- 14:30Speaker 3: why we sometimes trust the wrong people like Dodgy Doris,
- 14:35Speaker 3: and I'll teach you how you can fix this problem.
- 14:41Speaker 3: So let's start by unpacking what trust actually is. It's
- 14:46Speaker 3: a word we use a lot in our lies. But
- 14:49Speaker 3: if I asked you to write down one word to
- 14:52Speaker 3: describe trust, what would it be. Maybe you're jotting down confidence, faith,
- 15:03Speaker 3: or perhaps risk. Some people think of trust as a state,
- 15:09Speaker 3: as an outcome, or a feeling, but trust is a belief.
- 15:15Speaker 3: It's your belief about how someone will behave or how
- 15:19Speaker 3: something will turn out. To go back to my definition
- 15:23Speaker 3: of trust, it's a confident relationship with the unknown. So
- 15:30Speaker 3: what does that mean in the workplace? Let me give
- 15:33Speaker 3: you an example. Trust is a belief that when someone
- 15:37Speaker 3: is working from home and you can't see what they're
- 15:40Speaker 3: up to, they will behave in a way that you expect.
- 15:43Speaker 3: They can be trusted to be productive and not let
- 15:46Speaker 3: you down. If you need to know exactly what someone
- 15:50Speaker 3: is doing and are constantly checking in and monitoring them
- 15:53Speaker 3: and asking them for updates, that's not trust, it's control.
- 16:02Speaker 3: Once you see trust as your belief lens, it can
- 16:05Speaker 3: have a profound impact on the way you make decisions
- 16:08Speaker 3: and how you behave at work. Trusting another person is complicated.
- 16:15Speaker 3: There's a whole host of factors that determine when and
- 16:18Speaker 3: how trustforms. For instance, how long you've known them, what
- 16:24Speaker 3: is the thing you're trusting them with or for, and
- 16:28Speaker 3: how bad would it really be if they let you down.
- 16:33Speaker 3: Stamford Business School professor Roderick Kramer found that eight out
- 16:37Speaker 3: of ten executives report being burned at least once because
- 16:42Speaker 3: they trusted the wrong person at some point in their career.
- 16:46Speaker 3: People tend to make poor trust decisions because they don't
- 16:49Speaker 3: understand how trust dynamics really work. So let me give
- 16:53Speaker 3: you a simple framework to help visualize how trust happens
- 16:57Speaker 3: between two people. In any relationship, there are two players,
- 17:07Speaker 3: the trust giver and the trust receiver. Let's start by
- 17:12Speaker 3: focusing on what it means to be the trust giver.
- 17:16Speaker 3: A trust giver is the person that is deciding whether
- 17:19Speaker 3: to trust someone a boss, a colleague, a friend, or,
- 17:23Speaker 3: in my dad's case, the nanny. As the trust giver,
- 17:27Speaker 3: we have an important choice, do we trust them or not.
- 17:32Speaker 3: What influences our choices and decisions is called a trust signal.
- 17:39Speaker 3: Trust signals are small clues we knowing me or unknowingly
- 17:43Speaker 3: used to decide whether another person should be trusted. How
- 17:48Speaker 3: someone speaks, the questions they ask, who they're with, what
- 17:53Speaker 3: they're wearing, and even how they say hi, how are you?
- 17:57Speaker 3: These are all trust signals. In other words, the way
- 18:01Speaker 3: we make a trust decision is based on pieces of
- 18:04Speaker 3: information we pick up from another person. The tricky thing
- 18:09Speaker 3: is we don't always look for or interpret trust signals
- 18:13Speaker 3: in the right way. Some trust signals are way louder
- 18:17Speaker 3: than others because often we are knowing need tune into
- 18:22Speaker 3: the signals that we want to see that are familiar
- 18:26Speaker 3: to us. Becoming aware of the trust signals you're tuning
- 18:30Speaker 3: into is the first important step in making smarter trust decisions.
- 18:38Speaker 3: Here's a simple exercise to try the next time you
- 18:42Speaker 3: meet someone for the first time, trying to stay aware
- 18:47Speaker 3: of what you're tuning into. Is it their voice, their clothes,
- 18:52Speaker 3: their demeanor, or their posture. Similarly, what questions do you
- 18:58Speaker 3: ask them in the first few minutes. Just becoming aware
- 19:02Speaker 3: of how you're looking for things that are familiar can
- 19:04Speaker 3: be powerful. Making trust decisions based on familarity is a
- 19:10Speaker 3: tricky behavior to change because our assumptions about whom to
- 19:15Speaker 3: trust are deeply wired. They're often biases that have been
- 19:20Speaker 3: with us since we were very young.
- 19:23Speaker 4: When you're about three months old, you start trusting people
- 19:27Speaker 4: who look like your parents more than other people.
- 19:31Speaker 3: Maria Konnikova is a psychologist and author who's written a
- 19:35Speaker 3: lot about distrust. She's an expert in the ways trust
- 19:40Speaker 3: is exploited by everyone from con artists to poker players,
- 19:44Speaker 3: and she happens to be a champion poker player herself.
- 19:49Speaker 4: We trust people who seem like us, who look like us,
- 19:52Speaker 4: who sound like us, much more than we do people
- 19:55Speaker 4: who don't. That's something that con artists, by the way,
- 19:57Speaker 4: manipulat all the time as well. Oh you know, you're
- 20:00Speaker 4: from New York. I'm from New York And they might
- 20:02Speaker 4: not have ever been to New York, but they try
- 20:04Speaker 4: to get those little superficial similarities so that we have
- 20:07Speaker 4: a basis for trust.
- 20:09Speaker 3: There's a fascinating study on the link between trust and familiarity.
- 20:14Speaker 3: The study, done by a professor named Lisa D. Bryan
- 20:18Speaker 3: from the University of Glasgow, showed how facial resemblance enhances trust.
- 20:24Speaker 3: Participants in an experiment were shown faces of strangers to
- 20:27Speaker 3: be potential playing partners for a game. When the face
- 20:31Speaker 3: of the stranger was similar to the face of the participant,
- 20:34Speaker 3: they were more likely to trust the unknown person. Take
- 20:41Speaker 3: a moment to think about that. Have you ever trusted
- 20:46Speaker 3: someone just because they felt familiar. Maybe they went to
- 20:52Speaker 3: the same school as you, like the same sports team,
- 20:56Speaker 3: or maybe, as in the study, they even looked a
- 20:59Speaker 3: bit like you. Familiar trust signals are often the loudest
- 21:04Speaker 3: because of what's known as confirmation and desirability bias. We
- 21:09Speaker 3: used them to confirm our own ideas about how someone
- 21:13Speaker 3: or something should be, or how we want them to be.
- 21:17Speaker 3: That's what happened with my parents and Doris the nanny.
- 21:24Speaker 3: She showed up wearing a navy colored uniform complete with
- 21:28Speaker 3: a bonnet hat. She had a mop of curly hair
- 21:32Speaker 3: and large steel rimmed glasses. She even played the tambourine.
- 21:37Speaker 3: I'm not joking. What a trustworthy person she must be.
- 21:42Speaker 3: And even when some major red flags started popping up,
- 21:45Speaker 3: my parents let the familiar trust signals override their better judgment.
- 21:51Speaker 3: There was the time Doris wanted to get away for
- 21:53Speaker 3: a weekend, so she said her uncle Charlie had died
- 21:58Speaker 3: and she needed to go to the funeral. My dad
- 22:01Speaker 3: found out this wasn't true. When he called Doris's mom
- 22:04Speaker 3: to express his condolences, and Doris's mom said, but Uncle
- 22:08Speaker 3: Charlie is just fine. Doris must be confused.
- 22:17Speaker 6: You can't be confused about what I'm gone dead. At
- 22:22Speaker 6: this point, being quite quick to grasp things, I thought
- 22:27Speaker 6: all was not well.
- 22:28Speaker 3: But you know, even after Uncle Charlie, she came with
- 22:31Speaker 3: us on a holiday to marlbea well.
- 22:33Speaker 6: That was very convenient.
- 22:34Speaker 3: Yes, even though we were only five and eight, my
- 22:40Speaker 3: brother and I could see how Doris was well different
- 22:44Speaker 3: when my parents were around. It was all an act,
- 22:48Speaker 3: and eventually even my dad couldn't ignore what he was seeing.
- 22:52Speaker 3: At the height of suspicion, he did something he'd never
- 22:55Speaker 3: done before. He searched Doris's room. He found a bag
- 23:00Speaker 3: of money under her bed, quite a lot of foreign currency,
- 23:05Speaker 3: and it happened to be from countries Dad had been
- 23:08Speaker 3: traveling to for work.
- 23:12Speaker 6: I did question her, and she told me that she'd
- 23:18Speaker 6: found the money under a tree in the park.
- 23:23Speaker 5: And we still didn't get rid of her.
- 23:26Speaker 6: No, And when I found more money in her room,
- 23:30Speaker 6: she said she'd gone back to the same.
- 23:32Speaker 5: Tree, same tree.
- 23:34Speaker 3: I want to know where this tree is dead, and
- 23:38Speaker 3: still Doris stayed with us. That was until my dad's
- 23:42Speaker 3: car went missing and he finally kicked her out, called
- 23:46Speaker 3: the police, and sat guard outside our front door with
- 23:49Speaker 3: a baseball bat. I imagine the Doris saga was in
- 23:55Speaker 3: part how I first took a deep interest in understanding trust.
- 24:01Speaker 3: Thinking back on it, my dad told me the decision
- 24:04Speaker 3: to trust Doris came down to convenience. My parents were
- 24:08Speaker 3: busy people with busy jobs. It was more convenient to
- 24:12Speaker 3: keep Doris than to find a different solution. It's easy
- 24:17Speaker 3: to dismiss or laugh at my dad's reasoning, but haven't
- 24:21Speaker 3: we all done that. Not hire a dodgy nanny, of course,
- 24:26Speaker 3: but make a trust decision or continue to trust someone
- 24:29Speaker 3: based on convenience, Like when you tell yourself, I know
- 24:35Speaker 3: that company isn't entirely ethical, they don't treat their employees well,
- 24:40Speaker 3: but their service it makes my life a little easier,
- 24:43Speaker 3: so I'll just carry on using them. Or perhaps you're
- 24:47Speaker 3: under pressure to get something done, so you conveniently delegate
- 24:51Speaker 3: a piece of work to a person when you know
- 24:54Speaker 3: they shouldn't really be doing it. Convenience so often Trump's trust.
- 25:00Speaker 3: Understanding the power convenience has over trust has been one
- 25:03Speaker 3: of the most important things I've learned about being a
- 25:07Speaker 3: trust giver. Let's try another exercise. Think of the last
- 25:16Speaker 3: time you made a poor or very bad trust decision
- 25:20Speaker 3: at work. Did you blame it on the character of
- 25:27Speaker 3: the other person They turned out to be unreliable, incompetent, dishonest,
- 25:35Speaker 3: or you fill in the blank. Someone's character plays a
- 25:42Speaker 3: critical role, but what we often overlook is the importance
- 25:47Speaker 3: of having the right information. As the social scientist Diego
- 25:52Speaker 3: Gambetta puts it, trust has two enemies, not one bad
- 25:57Speaker 3: character and poor information. So the next time you find
- 26:03Speaker 3: yourself making an important trust decision, I'd recommend asking yourself
- 26:08Speaker 3: these three questions. What what trust signals? Am I tuning
- 26:14Speaker 3: into Two? Am I trusting this person out of convenience?
- 26:22Speaker 3: And three? Am I making this trust decision too quickly?
- 26:28Speaker 3: Now let's look at something else that influences what trust signals.
- 26:34Speaker 3: We pay attention to our gut. My dad's gut told
- 26:40Speaker 3: him that a nanny who's seen bland was a safe one.
- 26:44Speaker 3: His gut told him that blandness was a good trust signal.
- 26:48Speaker 3: But our gut feeling or intuition is rarely the source
- 26:53Speaker 3: of trustworthy decisions. For Maria Khonnikova, the expert in distrust,
- 26:58Speaker 3: there's a common saying about this that's a real pet peeve.
- 27:03Speaker 4: Trusting your gut. I hate that phrase, and I think
- 27:06Speaker 4: it's very misleading and very bad at because here's what
- 27:10Speaker 4: we know from psychology. Our quote unquote gut has very
- 27:14Speaker 4: strong reactions, and they're sometimes correct and sometimes wrong, and
- 27:20Speaker 4: our ability to distinguish the two is at about fifty
- 27:25Speaker 4: to fifty, so a chance we have very little ability
- 27:29Speaker 4: to be able to figure out which our gut feelings
- 27:33Speaker 4: are correct and which are not correct.
- 27:40Speaker 3: So let me share with you something from my research
- 27:43Speaker 3: that has made me think differently about the role of
- 27:45Speaker 3: gut feeling in giving trust. Gut feeling is not the
- 27:50Speaker 3: decision maker, but a decision driver. So use your intuition,
- 27:56Speaker 3: but challenge it with other information to make sure it's accurate.
- 28:01Speaker 3: Here's how this might come up in your job when
- 28:05Speaker 3: you're thinking about how to have a difficult conversation with
- 28:08Speaker 3: a colleague, or when you're taking a brief from a
- 28:11Speaker 3: potential client and you're not entirely sure what they do,
- 28:16Speaker 3: and of course when you're hiring someone new. Don't let
- 28:21Speaker 3: your gut make the trust decision.
- 28:33Speaker 4: Throw your gut out the window. You don't know. You
- 28:36Speaker 4: are relying on people perception that is most often wrong.
- 28:40Speaker 4: That is why so many hiring decisions are so terrible,
- 28:43Speaker 4: because people go with those feelings. And we know that
- 28:47Speaker 4: those thin slice judgments are made within the first few
- 28:50Speaker 4: seconds of meeting someone, and that's when you're hiring decision
- 28:53Speaker 4: is made. And that's just crazy. How can you base
- 28:56Speaker 4: someone you're going to hire into your organization based on
- 28:59Speaker 4: two seconds, ten seconds, it doesn't even matter, twenty seconds.
- 29:03Speaker 4: Anything that has seconds after it should not be a
- 29:06Speaker 4: basis for such an enormous decision.
- 29:09Speaker 3: Instead of making important trust decisions in seconds, Maria recommends
- 29:14Speaker 3: going by the old mattra that former President Ronald Reagan
- 29:17Speaker 3: was so fond of trust. But verify.
- 29:22Speaker 4: Our default has to be trust. Right initially, you have
- 29:26Speaker 4: to believe the things you hear, believe the people you meet.
- 29:29Speaker 4: You're not going to be able to go through life
- 29:32Speaker 4: if every single moment you're doubting everything, and it's completely impractical. However,
- 29:38Speaker 4: you have to have that second verification stage. Verify, Verify
- 29:43Speaker 4: everything that's important, and verify even when you don't really
- 29:47Speaker 4: want to.
- 29:48Speaker 3: Nobel Laureate Daniel Carneman's definition of a gut feeling is
- 29:52Speaker 3: spot on. He says, a gut feeling is thinking that
- 29:56Speaker 3: you know without knowing why you do. Even though I've
- 30:01Speaker 3: studied the ins and outs of trust for over a decade,
- 30:04Speaker 3: I have still gone with my gut countless times. Sometimes
- 30:10Speaker 3: things have gone right and other times things have gone
- 30:14Speaker 3: horribly wrong. So let me share with you a useful
- 30:18Speaker 3: tool that will help you better read trust signals. It's
- 30:22Speaker 3: called a trust pause. A trust pause is a healthy
- 30:27Speaker 3: hesitation where we question if a person, a product, or
- 30:31Speaker 3: a piece of information is worthy of out trust. If
- 30:35Speaker 3: you find yourself wanting to make a trust decision quickly
- 30:39Speaker 3: from your gut, take a trust pause and ask yourself
- 30:44Speaker 3: the following questions, where is this confidence coming from? Am
- 30:50Speaker 3: I seeing or hearing something I want or need to
- 30:55Speaker 3: believe to be true? Is it because this person feels
- 30:59Speaker 3: familiar or similar to me? And a really important question,
- 31:05Speaker 3: what information do I still need to make a relation
- 31:09Speaker 3: liable decision? When you put these questions into practice, they
- 31:15Speaker 3: will intentionally slow you down. Now, I know that in
- 31:20Speaker 3: a world that's so driven by efficiency. This might sound counterintuitive,
- 31:25Speaker 3: but speed can be the enemy of trust. I'm not
- 31:31Speaker 3: suggesting you overthink every single trust decision. I mean, you'd
- 31:36Speaker 3: never leave the house, But if it's something important, take
- 31:40Speaker 3: a trust pause. For example, if you have some sensitive
- 31:46Speaker 3: or confidential information to share with your boss, take a
- 31:49Speaker 3: trust pause before speaking to them. If you're going for
- 31:53Speaker 3: a new role in an organization, take a trust pause
- 31:56Speaker 3: to speak to someone in a similar position. If you're
- 31:59Speaker 3: starting an important contract with a new supplier, take a
- 32:03Speaker 3: trust pause to speak to some other customers. Are you sure?
- 32:09Speaker 3: Are you sure? That's at the heart of a trust pause.
- 32:14Speaker 3: It might feel like you're wasting valuable time, but otherwise
- 32:19Speaker 3: you may be left wondering why you didn't pause for
- 32:22Speaker 3: a bit longer before giving your trust. Because once trust
- 32:27Speaker 3: has been given, it's in the other person's hands to
- 32:31Speaker 3: take care of or break. My dad could have taken
- 32:37Speaker 3: a trust pause with Doris and it would have saved
- 32:41Speaker 3: a lot of anguish and his vovo. Of course, there
- 32:46Speaker 3: are regrets, but after everything, it hasn't really changed my dad.
- 32:53Speaker 3: He just tends to trust people.
- 32:56Speaker 6: I have run my life on the basis of trusting people,
- 33:02Speaker 6: and I've found that generally that has worked out for me,
- 33:07Speaker 6: and has that trust been abused a bit, But I
- 33:11Speaker 6: think that what I've gained from trusting people is more
- 33:14Speaker 6: than if I've been constantly look here at my shoulder,
- 33:17Speaker 6: not trusting people, and by and large that worked out.
- 33:20Speaker 3: Okay, some people trust too much and too readily, Like
- 33:26Speaker 3: my dad, they have what psychologists call a hyperpensity to trust.
- 33:31Speaker 3: They assume they won't be taken advantage of.
- 33:34Speaker 4: Human beings are wired to trust. Trust as our default state,
- 33:39Speaker 4: and the only reason society exists and all of our
- 33:42Speaker 4: institutions exist and just the world functions is because of trust.
- 33:48Speaker 3: Here's something else Maria helped me rethink the existence of
- 33:52Speaker 3: con Artists like Doris actually says something very good about
- 33:57Speaker 3: humanity that may sound strange, but the only reason they
- 34:02Speaker 3: succeed is because as people, for the most part, we
- 34:06Speaker 3: are trusting. As the late master magician Ricky Jay once said,
- 34:12Speaker 3: you wouldn't want to live in a world where you
- 34:14Speaker 3: couldn't be conned, because it would mean you're living in
- 34:18Speaker 3: a world where you never trusted anyone or anything.
- 34:22Speaker 4: And that to me just gets at the heart of it.
- 34:25Speaker 4: You know, the fact that I can get conned is
- 34:28Speaker 4: the flip side of the fact that I believe in things,
- 34:31Speaker 4: I believe in people, and that's beautiful.
- 34:35Speaker 3: There's no one size fits all approach to trust giving. Ultimately,
- 34:41Speaker 3: trust is a choice. It's yours to give or not.
- 34:51Speaker 3: So let's just recap the four main ideas about giving
- 34:54Speaker 3: trust that you can now put into practice.
- 34:58Speaker 4: One.
- 34:59Speaker 3: Be aware of the trust signals you're tuning into by
- 35:02Speaker 3: remembering that we tend to trust what's familiar. Two, recognize
- 35:09Speaker 3: when you're allowing convenience to trump trust. Three, reframe your
- 35:15Speaker 3: gap feeling as a decision driver, not the decision maker.
- 35:21Speaker 3: And finally, four speed can be the enemy of trust,
- 35:26Speaker 3: So take a trust pause to get the right information.
- 35:32Speaker 3: I'm going to leave you with a question to think
- 35:34Speaker 3: about as we head into chapter two. How do you
- 35:38Speaker 3: get someone else to trust you?