The global financial crisis has led to trust in public institutions to fall to its lowest level in history. The authors begin by defining three elements of trust failure "that has happened, and then present six strategies to restore confidence. They include increased external regulation, by changing the function of advice and help change the culture. After they warned that a number of reforms have been taken to restore the institutional trust, but the jury is still out as to whether they will "hold" for a long time. "Hide
by Nicole Gillespie, Robert Harley, Graham Dietz, Reinhard Bachmann Source: Rotman School of Management, 5 pages. Publication Date: September 1, 2012. Prod. #: ROT176-PDF-ENG
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