2014年1月27日星期一

1st Individual assignment: Trust or distrust



After 2 years working in MNC, I got bored at doing the routine work like a nail fixed in a joint machine. At that time, I tended to believe small companies are more dynamic and less hierarchical, which would help me to achieve myself. Then I left and joined my previous company, the founder who recruited me told me that I would be responsible for brand management as branding manager which was exactly as I expected. It was also clearly articulated in our labor contact. However, couple of months after on board, I realized it could not be any possibility for me to work as a branding manager because the founder did not take branding seriously and already decided to cancel all the plans he shared with me in the interview. He hardly listened to my opinion and arbitrarily relocated me to other position, I was quite pissed but concerning the time already consumed there, I decided to struggle in the situation and come up with something related to my branding experience and take advantage of them. It was a big lesson for me to learn the trade-off between trust and distrust, and through the whole decision making process, I reflected myself as below:

 Firstly, I am quite an optimistic and risk-taking person and to some context, tended to believe and trust others. Although I was young and lack of experience to identify the risks of joining such small companies,my optimistic personality leaded to me believe I won’t be so unlucky to the potential misfortune, even if there could be such so called misfortune, I am quite flexible to adapt or overcome it. Some of friends did kindly remind me of risks in working in small company.  I told myself this one is unique then. 




Secondly,I know my personality could drive me less objective and to become an easy truster, so I relay on very much on information accumulated to help me figure out the underlyingtrust cost.I think there is asymmetry between interviewer and interviewee, thus collecting information through internet and acquaintance as much as possible would be brilliant. However, did information I had collected really work? In my story, my answer is negative, because I failed to see the implicit meaning from the explicit information. For instance, I read the rumors about occasional salary delay incident of the company, but I told myself it is understandable that small companies might have financial problems from time to time, anyway t it is acceptable for me. But what I forget to ask myself was did I know the frequency of the delay, what was the root-cause of that, management skills? Would that lead to other possible consequence unacceptable for me, for example the personality or capability of the founder, the boss? At least I should have a guess or get some clue about those problems, but I had not! In the interview, the dilemma for both sides is information asymmetry, in my opinion, the party with stronger ability to infer the underlying or implicit information from the explicit information is more likely to lower its trust cost. 

Thirdly, Stereotypes and misperception misled me to make decision based on the person instead of the problem. I still remember the very first day I was interviewed by the founder, who was polite, gentle with thick glasses. Through our communication, I found we shared the same interest, insight and value about the company’s business. “I was so exciting to say no to this company” the voice echoing in my brain, no exaggeration for that moment.There are several perceptual errors and biases (false consensus effect because I think I am trustworthy and normally people like me in some extent also worth to trust. I know our similarity effected) I also lost my brain to evaluate the chance since the focus had already shift from the job to the person. 


Last thing but not lest thing also worked----the context, at that time, I was out of job and actually a little stressed. I think those drove me to be less doubtful and suspicious to make a quick decision instead of a smart one.



Basically, the experience helped me to grow in aspect
1, Enhance self-awareness. Actually I am quite grateful for this experience because it is beneficial for my self-awareness. For instance, about my over-optimism and risk taking I was unaware before and then Johari window was rebuilt.

2, Do not mix personal trust with experience trust. In the interview I thought the founder is reliable and nice person but to what extent should I trust him to be a good leader? Now I don’t blame him for cheating but realized he indeed lacked the experience to lead a team and plan long-term business goal then.

3, Look at the person as well as the roles
In Roderick’s article, he shared 6 rules to trust and rule 6 was Look at roles as well as people. I can’t not agree anymore. Sometimes, I trust the person but try to think in his position, do you still think the person is so convincing? Think twice, you will hesitate because maybe it’s not what he said not depend on his personality but position.

4, Question more about current Information
Trust dilemma was there because of information asymmetry. Both sides would protect their own interests by not putting less negative and more positive information on the table. That is why when 2 companies merge, there is always many third party involved to decrease both side’s trust cost in my opinion. For me, keep on question is an effective way to lower the potential risk. Based on the information accumulated, dig deeper and do not stay on the surface or description.



Robert F. Hurley (2009)   The Decision to Trust   Harvard Business Review
Roderick M. Kramer(2009)  Rethinking the Trust  Harvard Business Review