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Recent studies confirm that distrust in corporate leadership and management in the U.S. remains low. Fewer that one-half of workers trust their manager to do what is right And fewer than one-third trust upper management to do the right thing.
This episode traces the roots of this distrust to attitudinal changes which occurred in the 1980s. I show how the economic downturn of that decade and the way that companies recovered destroyed the trust-bond between workers and management.
What we are seeing today is the long-term consequence of that broken trust. Decades after the recession of the 1980s has receded from memory, the distrust that it engendered lives on.