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Trust: the growth engine of B2B customer relations ...
Trust the growth engine of B2B customer relationsh ...
Trust the growth engine of B2B customer relationships
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Video Transcription
Video Summary
Dr. Mark Hollyoake’s talk focused on B2B trust as a key driver of growth, stronger relationships, and mutual value creation. He explained that B2B trust is more complex than consumer trust because it develops over time, can be broken quickly, and must be actively managed.<br /><br />He introduced an S-curve model showing stages of trust: everyday trust, risk-based trust, knowledge/competency-based trust, identification-based trust, and finally an over-dependent “dark zone,” where excessive trust can become a problem. The goal is to move relationships upward on the curve without becoming complacent.<br /><br />Mark also described a practical trust-growth model built on intention, ability, credibility, interdependence, communication, and commitment. Trust begins with shared intentions, becomes tangible through demonstrated capability and integrity, and grows through working together to create mutual value.<br /><br />He emphasized that trust is not just a feeling but a strategic tool that can improve performance, reduce costs, and create competitive advantage. He also noted that trust-based organizations often outperform others. Overall, his message was that B2B trust is measurable, developable, and central to effective customer management.
Keywords
B2B trust
customer relationships
trust growth model
mutual value creation
S-curve model
risk-based trust
competitive advantage
customer management
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