The trust equation
Credibility plus reliability plus intimacy, divided by self-orientation. Promise five and deliver three and you have helped the customer and damaged the relationship.
Maister, Green and Galford wrote trust down as arithmetic. Credibility, reliability and intimacy in the numerator; self-orientation in the denominator. The denominator is the one that does the damage, because every moment a customer senses the conversation is about your quarter rather than their business, the whole fraction shrinks.
The book uses it to explain a failure that surprises account managers every time. Promise a five per cent energy saving and deliver three, and you have helped the customer and damaged the relationship, because reliability took the hit even as value was created. The lesson runs through value capture: a promise you can prove you kept is worth more than a bigger promise you cannot, and the baseline you agreed at the start is what makes keeping it visible.
Set out in full in: Maister, Green and Galford, The Trusted Advisor (Free Press, 2000); Creating Customer Value Propositions with AI (Kogan Page, 2027), chapter 4.
Related terms
Value capture
Proving the value landed, in both directions: in the customer's KPIs and in your own board's numbers.
Assurance
The corner of the proposition that answers why should I believe you: credibility, return on investment, and the measures both sides will use.
Key account management
The continuous delivery of value through the intersection of sales, strategy and innovation.
See the method run on one real account in three days: the One Page Proposition.