Trust Enabling™ Policies that explicitly and strategically address stakeholders' trust requirements have the potential to alter the competitive landscape of organizations by putting them on the forefront of management innovation, for the following reasons:

  1. Trust Enabling™ Policies empower organizations to strategically target stakeholders' trust objectives, as a principal success factor for the organization, with one comprehensive and foundational approach that satisfies the information reliance needs of all stakeholders;
  2. Trust Enabling™ Policies play a critical role in providing investors/donors with clear and verifiable information about various aspects of the organization's performance and provides a valuable reference point for assessing the quality of its management and market positioning;
  3. Trust Enabling™ Policies put an organization prominently at the forefront of stakeholder engagement initiatives, thereby building its competitive advantage;
  4. Trust Enabling™ Policies help stakeholders to establish higher levels of confidence in the information they depend on in order to contribute to the organization's mission, while simultaneously making them aware of the organization's Trust Enabling™ processes and the broader impact on its mission;
  5. Trust Enabling™ Policies satisfy the legitimate interest of stakeholders about the impact of the organization's activities and its decision-making processes. It does this by supporting improvements in the sharing and acceptance of information used by its stakeholder to contribute to the organization's objectives;
  6. Trust Enabling™ Policies play a key role in building an organization's relationships with its external stakeholders, by providing it with more sensitive and accurate information on which to base decisions and by cultivating a climate of increased trust in which to implement them;
  7. Trust Enabling™ Policies encourage organizations and their stakeholders to "practice what they preach";
  8. Trust Enabling™ Policies allay stakeholder concerns that organizations often talk to only one half of the community and therefore do not have consensus or a full range of views, which may cause polarization and rifts within the community that could undermine the engagement process;
  9. Trust Enabling™ Policies substantiate key performance indicators by stimulating stakeholder collaboration toward helping make performance indicators relevant, understandable, material, complete, regular, timely, accurate, verifiable and credible;
  10. Trust Enabling™ Policies improve an organization's public profile and support its brand development objectives;
  11. Trust Enabling™ Policies help organizations to attain industry recognition for their innovative leadership and the superiority of their operational performance metrics;
  12. Trust Enabling™ Policies promote a deepening of value-based relations, because they represent a commitment by the organization to work together with its partners to achieve genuine and standardized good practices in relationships;
  13. Trust Enabling™ Policies encourage innovation around key quality principles and stimulate innovation above an agreed quality floor, rather than encouraging the propagation of a more rigid compliance-oriented culture;
  14. Trust Enabling™ Policies are focused on improving the financial performance and the long-term value of an organization to its stakeholders;
  15. Trust Enabling™ Policies have immediate and measurable value to an organization and its stakeholders, who can demonstrate that the resources in developing and implementing them were well-spent and not just used to produce a "glossy report" that becomes "shelfware";
  16. Trust Enabling™ Policies help to accelerating the volume, velocity and value of e-business transactions with its online contributors;
  17. Trust Enabling™ Policies contribute to an organization's learning and improvement objectives;
  18. Trust Enabling™ Policies Support an organization's operations by enabling it to identify, evaluate and better manage the uncertainty arising from its impacts on and relationships with its stakeholders;
  19. Trust Enabling™ Policies build trust in the measurement, communication and feedback information on its performance, allowing it to better understand and respond to the needs and aspirations of its stakeholders, and to manage these alongside (and as part of) its objectives and targets;
  20. Trust Enabling™ Policies improve the recruitment of high quality employees by clarifying the organization's values and reporting on its performance, as well as by applying good practices for building trust in the suitability of employment candidates;
  21. Trust Enabling™ Policies help to increase the loyalty of existing employees and to improve the quality of new recruits by providing evidence of the organization's commitment to building a better organization. A direct consequence of this improved loyalty is increased productivity;
  22. Trust Enabling™ Policies define a unifying system that provides context and comprehensiveness to common, but isolated trust enhancement approaches that may already be in place;
  23. Trust Enabling™ Policies play a key role in supporting an organization's governance. They feed into the it's control process, by which they ensure the alignment of the organization's values and strategy with its behaviour and the outcomes of its activities;
  24. Trust Enabling™ Policies play a part in encouraging governments to acknowledge the self-regulating processes that organizations are following to build stakeholder trust and confidence in their accountability and to improve performance; and
  25. Trust Enabling™ Policies also help to ensure that any future regulation in the industry is effective, because the principles and best practices employed are foundational in nature.