Trust is a crucial factor in selecting elite team members.

The Navy SEALs prioritize both performance and trust to ensure that only the best of the best are admitted to SEAL Team Six. But how can we apply these insights to the supplier selection process? 🤔

Contracts tend to be declarations of intent and frameworks in international business. A supplier with high performance potential, but who is not trustworthy, can promote toxic behavior and impair collaboration. Companies should therefore define criteria for assessing the trustworthiness of suppliers and take these into account when selecting suppliers.

Here are the key insights from Simon Sinek’s talk:

• Performance and trust are critical factors in selecting elite team members. 🏆
• Toxic leaders with high performance but low trust can harm the team and its success. 🚫
• Mediocre performance with high trust is better than high performance with low trust. 🤝
• Organizations should evaluate supplier trustworthiness and consider it when selecting suppliers. 📈
• Natural leaders who build trust and create an environment for success are essential for long-term organizational growth. 🌱

How can you ensure that you select trustworthy suppliers?

I hope you will be inspired by watching this video and I look forward to hearing your thoughts on it.