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REALISING THE ECONOMIC POWER OF TRUST

    The P4 Value-based Management Framework
          TM
THE P4 MISSION
         TM




To harness the economic power of Trust, creating value and competitive
advantage through better execution of your initiatives and strategies –
thriving not just surviving in the Age of Distrust.
WHAT IS P4 ?   TM




  P4TM
       is a system that measures and helps guide engagement through
  Trust and indicates how effectively your strategy is being executed.


  Measurement results and analysis help make engagement programmes
  more effective in implementing change and key initiatives.


  Provides help to leadership teams in terms of their development and
  getting the right action plan implemented to improve performance


  Helps deliver competitive advantage – financially, operationally and
  behaviourally – fueling sustained growth and greater value.
P4
 TM
      – THE COST OF DISTRUST

                                 Wasted
                                  Time




                                                   Hidden
            Duplication
                                What are           Agendas
                                 these
                                costing
                                 you ?


                      Lack of              Complex
                      Clarity              Processes
WHAT IS TRUST?
Trust is at the heart of every transaction, decision and choice
                                 Society
                                Customers
                                  Partners
                                 Employees

                                   TRUST =
                             ‘I feel I know what
                             to expect from you
                              and feel I can rely
                             on you to deliver it
                              (or make it right if
                                  you don’t)
WHAT IS TRUST?
Trust is at the heart of every transaction, decision and choice.
Trust is a core leadership competence.


   “What is Trust? I could give you a dictionary definition but
   you know it when you feel it. Trust happens when leaders
   are transparent, candid and keep their word. It’s that
   simple.”

                                        Jack Welch, former CEO General Electric
THE VALUE OF TRUST – ‘TRUST IS ECONOMIC’

Trust is a powerful business tool – a fundamental influencer, positive or
negative, of your ability to execute strategy via the very tangible
mechanisms of Speed and Cost.


             TRUST =              SPEED +                 COST


             TRUST =              SPEED +                 COST
                                      From Stephen M. R. Covey ‘The Speed of Trust’


Trust is a means of better executing strategy, not an end objective
INVESTORS BELIEVE ‘EXECUTION OF STRATEGY’ IS THE
NO.1 DRIVER OF SHAREHOLDER VALUE




               Source: Ernst & Young

     Trust and Engagement enable effective execution of strategy
TRUST IS ESSENTIAL FOR ANY BUSINESS

Without Trust you have no real engagement or willingness for change
(with your people, partners and customers)



Without engagement it’s hard to deliver the right results



Or create the momentum that underpins sustainable growth
HIGH TRUST VALUE CHAIN




                       Greater                                Heightened
                                                                Loyalty –                                Increases
                    engagement,
                                             Better              employees,         Accelerates         shareholder
                      improved
                                            execution            customers,           growth            & customer
                    collaboration
                                                               suppliers,                                  value*
                    & teamwork
                                                              Investors




*High trust organisations outperform low trust ones by 286% in terms of total returns to shareholders – Watson Wyatt 2002
HOW DO YOU BUILD A HIGH TRUST ENVIRONMENT?

• By consistently exhibiting HIGH TRUST VALUE-CREATING BEHAVIOURS
  across everything that you do – across the 4Ps of Principles, Purpose,
  Process, Performance

• You can drive Trust by TRUST LEADERSHIP BEHAVIOURS based on
  innovation, ‘the exceptional’ and ‘going beyond the expected’

• You sustain it via TRUST SUSTAINING BEHAVIOURS – ‘important but
  expected’ hygiene factors, ‘what any good company would do, both
  generally and category specific’
P4TM
       VALUE-BASED MANAGEMENT FRAMEWORK
              4x4 Value-Creating Behaviours
                        Inspiration
                        Initiative
                        Intent
                        Recognition




 Consistent                                   Clarity
 Open                                         Alignment
 Respect                                      Responsive
 Authentic                                    Empowered




                        Results
                        Growth
                        Efficiency
                        Accountable
IF THIS HAS BEEN OF INTEREST AND……


want to know more on how              could help your organisation
achieve real engagement to support change and business strategy



Contact Details:-
Adrian Woodstock - awoodstock@endaba.com
Mobile: +44 (0)7769 650960

Company Email Address: www.endaba.com

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P4 Engagement Model

  • 1. REALISING THE ECONOMIC POWER OF TRUST The P4 Value-based Management Framework TM
  • 2. THE P4 MISSION TM To harness the economic power of Trust, creating value and competitive advantage through better execution of your initiatives and strategies – thriving not just surviving in the Age of Distrust.
  • 3. WHAT IS P4 ? TM P4TM is a system that measures and helps guide engagement through Trust and indicates how effectively your strategy is being executed. Measurement results and analysis help make engagement programmes more effective in implementing change and key initiatives. Provides help to leadership teams in terms of their development and getting the right action plan implemented to improve performance Helps deliver competitive advantage – financially, operationally and behaviourally – fueling sustained growth and greater value.
  • 4. P4 TM – THE COST OF DISTRUST Wasted Time Hidden Duplication What are Agendas these costing you ? Lack of Complex Clarity Processes
  • 5. WHAT IS TRUST? Trust is at the heart of every transaction, decision and choice Society Customers Partners Employees TRUST = ‘I feel I know what to expect from you and feel I can rely on you to deliver it (or make it right if you don’t)
  • 6. WHAT IS TRUST? Trust is at the heart of every transaction, decision and choice. Trust is a core leadership competence. “What is Trust? I could give you a dictionary definition but you know it when you feel it. Trust happens when leaders are transparent, candid and keep their word. It’s that simple.” Jack Welch, former CEO General Electric
  • 7. THE VALUE OF TRUST – ‘TRUST IS ECONOMIC’ Trust is a powerful business tool – a fundamental influencer, positive or negative, of your ability to execute strategy via the very tangible mechanisms of Speed and Cost. TRUST = SPEED + COST TRUST = SPEED + COST From Stephen M. R. Covey ‘The Speed of Trust’ Trust is a means of better executing strategy, not an end objective
  • 8. INVESTORS BELIEVE ‘EXECUTION OF STRATEGY’ IS THE NO.1 DRIVER OF SHAREHOLDER VALUE Source: Ernst & Young Trust and Engagement enable effective execution of strategy
  • 9. TRUST IS ESSENTIAL FOR ANY BUSINESS Without Trust you have no real engagement or willingness for change (with your people, partners and customers) Without engagement it’s hard to deliver the right results Or create the momentum that underpins sustainable growth
  • 10. HIGH TRUST VALUE CHAIN Greater Heightened Loyalty – Increases engagement, Better employees, Accelerates shareholder improved execution customers, growth & customer collaboration suppliers, value* & teamwork Investors *High trust organisations outperform low trust ones by 286% in terms of total returns to shareholders – Watson Wyatt 2002
  • 11. HOW DO YOU BUILD A HIGH TRUST ENVIRONMENT? • By consistently exhibiting HIGH TRUST VALUE-CREATING BEHAVIOURS across everything that you do – across the 4Ps of Principles, Purpose, Process, Performance • You can drive Trust by TRUST LEADERSHIP BEHAVIOURS based on innovation, ‘the exceptional’ and ‘going beyond the expected’ • You sustain it via TRUST SUSTAINING BEHAVIOURS – ‘important but expected’ hygiene factors, ‘what any good company would do, both generally and category specific’
  • 12. P4TM VALUE-BASED MANAGEMENT FRAMEWORK 4x4 Value-Creating Behaviours Inspiration Initiative Intent Recognition Consistent Clarity Open Alignment Respect Responsive Authentic Empowered Results Growth Efficiency Accountable
  • 13. IF THIS HAS BEEN OF INTEREST AND…… want to know more on how could help your organisation achieve real engagement to support change and business strategy Contact Details:- Adrian Woodstock - awoodstock@endaba.com Mobile: +44 (0)7769 650960 Company Email Address: www.endaba.com