How Will Workplace Transparency Benefit Your Company?

Transparency at the workplace refers to businesses where there is an openness between supervisors and employees. A transparent workplace can lead to happier employees and even increased production. Transparent companies create a feeling of being a part of something bigger where the executives are part of the greater team and not locked off in a room no one can access.

Transparency opens doors to good company communication and sets a tone for new joinees, thereby creating a flatter management structure. Some of the world’s best workplaces are defined by high levels of trust and camaraderie. Transparency also promotes trust at the leadership levels. During good times and bad times, a leader that communicates transparently will actually earn the trust of their employees enabling the organization to solve problems readily.

When a team works together in complete transparency, the results include faster problem solving, better teamwork, healthy working relationships, trust and ultimately, improved performance. Similarly, secrets and troubled relationships between team members and the leaders can hamper the performance levels of individuals and the entire team as a whole and leads to a high turnover rate. Open environments attract the best and brightest talent as they bring about an overall collaborative environment. Companies can move forward when the leaders challenge the employees empowering them with mission critical information, allowing them to flex their creative and problem solving muscles.

Greater transparency at a workplace opens up channels for better employee alignment. When the employees are able to take a look at the bigger picture for the company, they can begin to understand everyone’s role in it as well. Lack of transparency can lead to disgruntled workers who question the company’s actions effectively destroying trust in the workplace. Ultimately, promoting transparency is a continual practice which includes showing the employees that you value their input and trust them with both good and not so great news. Transparency also provides organizations the chance to utilize everyone’s ideas on how to move the business forward and build working relationships in the process.