The importance of trust in all aspects of life is hard to overstate. Imagine a personal relationship in which trust is not present. In personal relationships, trust is usually gained over time, and becomes an unspoken, but essential, constant in successful relationships. This is also true of business relationships, and it is advisable for potential alliance partners to actively employ measures to build and strengthen trust. Negotiating written agreements that clarify the foundations of the relationships is paramount. As an HR professional, it is essential that you understand and practice the concepts underpinning the building of trust in business relationships.
In “How to Build a Framework for Strategic Alliances,” (Santora, 2009), in your Required Resources, the author focuses on the importance of trust in building alliances. On the other hand, in “Why Too Much Trust is Death to Innovation,” Bidault & Castello (2010), question whether there is actually such a thing as excessive trust in some alliances.
Write a cohesive and scholarly response based on your readings and research this week that addresses the following:
All work must be original and in APA format.