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Lead Your Team Managing

5 Simple Ways to Be a Better Manager

5 Simple Ways to Be a Better Manager Credit: Trust image via Shutterstock

Workers are starting to become a bit more trusting of their bosses, new research finds.

Thirty-four percent of those surveyed reported a high level of trust in their company's management and organization as a whole, up from just 27 percent a year ago, a study by consulting firm Interaction Associates found.

Additionally, 38 percent of employees think their company has effective leadership, a 7 percent increase from 2012, while 36 percent rate their organization as highly collaborative, up from 32 percent last year.

[10 Signs You're a Great Boss]

The study shows that organizations that focus on building trust with their employees end up seeing the results in their bottom line. Researchers found that companies adept at reinforcing strong leadership, trust and collaboration showed better financial performance in each of the survey's five years, as measured by net profit and revenue growth.

"We see a close link: strong financials correlate to certain behaviors that build trust," said Linda Stewart, CEO of Interaction Associates. "If you remove the behaviors, the financials will tumble."

The research uncovered five key ways leaders can help build trust among their employees.

  • Set employees up for success by providing tools, resources and learning opportunities.
  • Provide adequate information around decisions.
  • Seek input before making decisions.
  • Consistently act in alignment with the company's values.
  • Give employees an inspiring, shared purpose to work toward.

The study was based on surveys of nearly 400 employees worldwide.

Follow Chad Brooks on Twitter @cbrooks76 or BusinessNewsDaily @BNDarticles. We're also on Facebook & Google+. Originally published on BusinessNewsDaily.

Chad Brooks

Chad Brooks is a Chicago-based freelance writer who has nearly 15 years experience in the media business. A graduate of Indiana University, he spent nearly a decade as a staff reporter for the Daily Herald in suburban Chicago, covering a wide array of topics including, local and state government, crime, the legal system and education. Following his years at the newspaper Chad worked in public relations, helping promote small businesses throughout the U.S. Follow him on Twitter.

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