Tim Cook Knows What Business He Is In - Do You?

  • 📰 Forbes
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 53%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Leaders who don't understand the value of trust will underestimate the cost of losing it

Do leaders think of trust, which is intangible, as a corporate asset? One wonders, in the midst of hacking and security breaches, if the word trust is even used in executive meetings and boardrooms. Do leaders of companies have any understanding of the elements of trust and how much value consumers place upon it?

Some do. Apple CEO Tim Cook has spoken on this topic. His actions and the decisions made by the company reflect the value they place on our trust. Apple has been steadfast, even when some were inflamed by their refusal to part with data when commanded to do so by the U.S. government. In an interview with ABC’s Diane Sawyer, Cook said, “You are not our product. Our products are iPhones and iPads. We treasure your data. We wanna help you keep it private and keep it safe." Cook refers to the issues in data privacy as a crisis. He understands what most leaders do not. Consumers do not willingly give up privacy. Checking the box on a website isn’t consent. It is acquiescence.Most leaders, who are overseeing a growing and profitable business, assume they are trusted.

When leaders are removed from the core of their business and don’t understand the needs and wants of customers and other stakeholders, their decisions are made with incomplete information. In a crisis, a leader who cannot relate to the disappointment of customers is incapable of responding with sincerity. Apple’s CEO knows what business he is in, speaks directly to the expectations of customers and shows courage. He is trusted for good reasons.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

A leader cannot make trust. A leader can only practice sound ethics, morality, and respect for human dignity. Trust is a gift, not an agenda or even a goal.

In this digital era we need me ethical leaders

true word!

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 394. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

What a small business owner did to make ‘The Profit’s’ Marcus Lemonis ‘furious’Marcus Lemonis tries to teach a 'disrespectful' small business owner to trust other people in the latest episode of CNBC's 'The Profit,' which airs Tuesday at 10 p.m. ET. TheProfitCNBC marcuslemonis MakeIt TheProfitCNBC marcuslemonis MakeIt Sounds like a controlling individual. It's his way or no way. TheProfitCNBC marcuslemonis MakeIt Some people don't deserve help.
La source: CNBC - 🏆 12. / 72 Lire la suite »

10 Small Business Apps, Services And Tech Platforms Every Entrepreneur Should Know AboutThere are a few apps, services and technologies – about ten categories in all – that are critical for small businesses in 2019. Here they are. business
La source: Forbes - 🏆 394. / 53 Lire la suite »

100 Quotes On Business From The 100 Greatest Living Business MindsSelections from essays authored by entrepreneurs, visionaries and thinkers for Forbes' centennial. SevillaAnne How do you focus on the change without having a company to execute the plan? Ruining democracy via Russian bots and white supremacists? Cool cool cool
La source: Forbes - 🏆 394. / 53 Lire la suite »