--- title: "Meaning & Key Takeaway of: The ability to establish, grow, extend…" description: "\"“The ability to establish, grow, extend, and restore trust with all stakeholders—customers, business partners, investors, and coworkers—is the key lead..." image: "https://sms4smile.com/quotes/i/775/stephen-m-r-covey-33678_business_the-ability-to-establish-grow-extend-and_2412791.jpg" --- # The ability to establish, grow, extend, and restore trust… ![“The ability to establish, grow, extend, and restore trust with all stakeholders—customers, business partners, investors, and coworkers—is the key leadership competency of the new global economy.” quote by Stephen M.R. Covey](https://sms4smile.com/quotes/i/775/stephen-m-r-covey-33678_business_the-ability-to-establish-grow-extend-and_2412791.jpg) [Download](https://sms4smile.com/quotes/i/775/stephen-m-r-covey-33678_business_the-ability-to-establish-grow-extend-and_2412791.jpg) [Open image](https://sms4smile.com/quotes/i/775/stephen-m-r-covey-33678_business_the-ability-to-establish-grow-extend-and_2412791.jpg) > ““The ability to establish, grow, extend, and restore trust with all stakeholders—customers, business partners, investors, and coworkers—is the key leadership competency of the new global economy.”” [Stephen M.R. Covey](https://sms4smile.com/quotes/author/stephen-m-r-covey/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Building and maintaining trust across all stakeholders is essential for modern leadership. **In simple terms:** Trust with customers, partners, investors, and coworkers is key. Key Takeaway Prioritize trust‑building actions daily. Themes leadership trust global economy Mood strategic optimistic Type business leadership When to use this quote - business strategy - team leadership - customer service - investment relations Key Concepts stakeholder theory relationship management Questions to Reflect On - How can leaders measure trust levels? - What steps rebuild trust after a breach? A Different Perspective It may simplify complex trust dynamics. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Business partner](https://sms4smile.com/quotes/about/business-partner/) [Business partners](https://sms4smile.com/quotes/about/business-partners/) [Competency](https://sms4smile.com/quotes/about/competency/) [Economics](https://sms4smile.com/quotes/about/economics/) [Global economy](https://sms4smile.com/quotes/about/global-economy/) [Investing](https://sms4smile.com/quotes/about/investing/) [Leader](https://sms4smile.com/quotes/about/leader/) [Leadership](https://sms4smile.com/quotes/about/leadership/) [Trust](https://sms4smile.com/quotes/about/trust/) ## Related quotes > [To be an objective leader means aligning your models with the needs of the organization. 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