Seven steps to creating a more transparent organization
When times get tough, the tough get transparent. That's the word from IMI, author of the new book Straight A Leadership: Alignment, Action, and Accountability.
"Leaders have talked about transparency for a long time, but it's never been more important than it is now, "says IMI.”Remember, we share information with employees for a couple of reasons: one, it's the right thing to do, and two, it's good for business. And most companies can use every possible edge these days."
IMI asserts that companies with cultures of openness and free-flowing information fare better in difficult economies. That's because (among other benefits) transparency helps employees stay connected to financial big picture, reduces complacency, sparks creative solutions, creates organizational consistency and stability, and leads to faster, more efficient execution.