Benefits Quote by Jeffrey Pfeffer
“Trust is about keeping commitments, but in many instances, circumstances change and organizations therefore shed commitments, things such as retiree medical benefits, pension obligations, and even employees without much remorse or maybe even hesitation.”
About This Quote
Trust hinges on reliable promises, yet organizations often break them when conditions shift, revealing a pragmatic, sometimes callous, approach to employee welfare.
In simple terms: Commitments are vulnerable to change.
Organizational trust erodes with broken promises.
Themes
Mood
Type
When to use this quote
- evaluating a company's reliability
- discussing pension reforms
- considering job security
Key Concepts
Practical Applications
- leadership training
- policy analysis
Questions to Reflect On
- When should a company prioritize flexibility over promises?
- How can employees protect themselves from broken commitments?
Some argue that flexibility is essential for survival, and strict adherence to all promises can be impractical.