New YPO Global Pulse Survey on Trust Finds Young Business Leaders View Trust as Critical But Lack Plans on How to Build it With Employees

Stocks and Financial Services Press Releases Tuesday January 14, 2020 08:00
NEW YORK--14 Jan--PRNewswire/InfoQuest
Close to 3,000 Chief Executives from 115 countries weighed in on this essential to business topic

YPO, the global leadership community of more than 28,000 chief executives in 135 countries, conducted a member survey designed to provide the chief executive perspective on the importance of stakeholder trust, the extent to which they are taking action and succeeding at building cultures of trust within their organizations, and their views on the role of societal impact in building trust with stakeholders.

YPO's 2020 Global Pulse Survey on Trust, conducted 1-18 November 2019 with 2,960 respondents, found it is a key matter for business leaders around the world, but there are significant gaps between business leaders' thoughts and actions. Key findings include:

  • 96 percent of chief executives rate building and maintaining trust with stakeholders as a high priority, with close to half (42 percent) saying that the importance of building trust with stakeholders has increased in the past five years.
  • Only 40 percent of chief executives find it easy to build trust with employees, and they find it even more challenging to do so with their customers (36 percent).
  • Even though most global business leaders agree this is high priority issue in which they feel increasing urgency around, over 60 percent have yet to measure employee trust within their business and only a third (34 percent) have defined specific plans within their business for building/maintaining employee trust.
  • Most chief executives understand the weight of their role, with 89 percent agreeing that they as business leaders are under pressure to embody their organizations' values through their actions.
  • 77 percent of business leaders agree that they are under pressure to take the lead on change, rather than waiting on government to impose it.
  • Most business leaders (71 percent) agree that their business can have a positive societal impact; fewer business leaders agree that taking action on societal issues improves employee (56 percent) or public trust (57 percent).
YPO's 2020 Global Pulse Survey on Trust Methodology:

The 2020 Global Pulse Survey on Trust was conducted by YPO from 1-18 November 2019 via an online questionnaire. A total of 2,960 YPO members responded to the survey. The sample included members in 115 countries. The margin of sampling error is plus or minus 1.84 percentage points at the 95 percent confidence level.

About YPO:

YPO is the global leadership community of more than 28,000 chief executives in 135 countries who are driven by the belief that the world needs better leaders. Each of our members have achieved significant leadership success at a young age. Combined, they lead businesses and organizations contributing USD 9 trillion in annual revenue. YPO members inspire and support each other through peer learning and exceptional experiences in an inclusive community of open sharing and trust. For more information, visit ?

Logo -

Latest Press Release

SET appoints EVP in charge of IT development

The Stock Exchange of Thailand (SET) has appointed Pattana Wongnirund as Executive Vice President (EVP), Head of Information Technology Development Group, Information Technology Division, effective August 16, 2020. SET President Pakorn Peetathawatchai...

PTL posts upsurge in Q1 profit

The flexible packaging industry witnessed an increase of 30-40% in demand for PET thin film in Q1. Flexible packaging accounts for approximately 70-75% of PTL revenues. As a result, Polyplex (Thailand) Plc (PTL)’s normalized net profit in Q1...

CEOs: Post-Covid changes are permanent and there are more to come

A new PwC survey of CEOs across the globe looks at the outlook for growth and the impacts of the COVID-19 pandemic on the way businesses operate now and in the future. According to CEOs, shifts towards remote working, automation and low-density offices...

AIA Launches 'AIA Investment Management (Thailand)’ Offering Global Opportunities, Becoming the Third-Largest Investment Management Company with 847 Billion Baht in Assets Under Management

AIA Thailand, a leader in the life assurance and unit linked market in Thailand, is driving the capital market by launching AIA Investment Management (Thailand) Co., Ltd. (AIAIMT) to manage funds under AIA unit linked policies. The company will leverage...

Krungsri Finnovate Reveals Business Strategy for 2H/20

- Creating strategic partnership and investment in startups with high demand and potential growth in post Covid-19 crisis - Strengthening synergy with startups in R&D and futuristic innovation - Investing in “ICON Framework”, one of...

Related Topics