Industry Survey Results Demonstrate Lack of Trust is a Major Inhibitor for Growth
London, UK– March 6, 2019 – The Amplified Group, a European consultancy focused on team and leadership development, today announced the publication of their findings from a recent survey of over 200 IT leaders within the high tech industry.
The report, entitled How to Achieve an Agile Organisation With an Empowered Workforce, is the output from the survey that focused on the five tangible elements required for a high trust environment:
- You are inspired and empowered
- Loyalty is rewarded
- There is a belief that the best idea wins
- Failure and mistakes are treated as lessons
- You have purpose and fulfillment and feel valued
With only 2% of all leaders surveyed experiencing a high score across all five elements, the survey delved deeper into the responses and it emerged that where a company was positioned in its own lifecycle, not how old it is, had a bearing on whether it was able to deliver a high trust culture or not.
“Of the stages of a company’s lifecycle – early-phase start up, mid-phase start up to either unicorn or laggard – our survey determined 77% of respondents in the unicorn segment alone agreed that all elements of a high trust culture existed,” commented Vicky Reddington, co-founder Amplified Group. “As an accredited delivery partner of Patrick Lencioni’s “Five Behaviors of a team model”, the survey’s findings really highlight to us the importance of empowering teams through trust, no matter what stage a company’s lifecycle is at.”
The traditional game of Snakes and Ladders provides a useful illustration of how easy it is to ascend to the next stage or slide to failure:
“Having worked in many organisations at different levels of evolution, high tech organisations must act on the findings of this report or face lower levels of success, regardless of whether they are a start up, a unicorn or a dinosaur,” commented Paul Burke, SVP, Glasswall.
The full report can be accessed here:
About Amplified Group
Founded by two high tech business veterans, Amplified Group was created to transform talented individuals into extraordinary teams by means of the Patrick Lencioni’s Five Behaviors of a team model. Working across industry sectors, Amplified Group has successfully demonstrated productivity increases by focusing organisations on the value of their employees working as a team.
Jane Rimmer | firstname.lastname@example.org