Searching for a new recipe for trust?

  • Trust has peaked as the most essential intangible asset of a business, and for CEOs, building trust is the top priority.
  • In recent years, trust in all institutions has decreased.
  • How is the concept of trust affecting Australian companies and boards?

Small cranes building up letters to spell trust

In a survey by King Wood Mallesons which was conducted earlier this year, we asked directors and senior executives to indicate the top issues of concern to the boards of their organisations.

The issues of greatest concern identified were:

  1. Managing IT/cyber risks
  2. Maintaining an appropriate corporate culture
  3. Protecting brand & reputation
  4. Protecting information

This result is markedly different from our survey results from prior years.

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