Transparency in Business

In this episode, Jody and Meghan talk about what transparency means in business and how it applies to both leadership and individual employees.

Meghan defines company transparency as “disclosing all relevant information to those who can use it to make informed decisions.” Not every person within your organization needs to know the details of everything that is going on. Instead, they need to know information that pertains to their department or role within the organization. 

Many organizations that lack transparency didn’t set out with that intention. Sometimes companies lose sight of what they are doing (the means) because they’re too focused on the end result, which can cause people to cut corners and do questionable things. When you give up being transparent, you become unethical. It is significantly easier to lose trust than it is to gain it. Transparency leads to accountability, and thus, you maintain more trust within the community by being transparent.

Thanks for tuning in, and please feel free to drop any leadership or management topic suggestions in the comments. Become the kind of leader you would follow! 

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