Trust and Risk

One of the paradoxes of trust, as Shaw (1997) says, is that trust cannot grow unless we take risks that might result in distrust. In other words, we must risk being wrong if we are ever to determine whether we are right in giving our trust. Risk and trust are intertwined.

Most business situations do not involve high risk situations. However, I have known people who have risked their career by agreeing to join a team headed by a scientist who was starting a new team charged with creating a new product that was considered highly experimental. In my own case, when I was diagnosed with prostate cancer many years ago, the so-called “Gold Standard” of treatment was a radical prostatectomy (surgical removal of the prostate). In the course ...

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