“When communication is poor and confusing, employees consider leaving their organization. Transparency can improve morale and engagement and lower job-related stress, boosting productivity, and revenue.”
— Joshua Silas, CEO, HiringThing
Being transparent means practicing open, honest, and direct communication with others—even if the information is hard to deliver. Organizations with transparency have clear communication channels and build a culture in which wins, mistakes, losses, struggles, and expectations are shared openly and directly. Transparency builds trust, boosting morale, engagement, creativity, well-being, productivity, revenue, and more. And it can only exist with regular, effective communication that starts with leadership.
Why Transparent Communication Must Start at the Top
Trust in the workplace is needed now more than ever during our society’s challenging times. Establishing trust takes a fierce commitment to authenticity and often vulnerability. The concepts of transparency and honesty may seem like obvious steps to creating solid relationships in the office, and the question of who makes the first move might not be as obvious. Trust in the workplace takes time, requires strong communications, and must begin with leadership. Ninety percent of employees would trust their organization’s senior leaders more if they communicated transparently about mistakes. Hear from Finix CTO Ramana Satyavarapu about the importance of open, honest, and direct communication in building trust within the organization.
Strong Leaders And Strong Organizations Are Transparent
According to the American Psychological Association, only about half of employees believe their employer is open and upfront with them. They assume employers withhold information and only disclose what employers think they want to hear. But transparency breeds success. A study found that when leaders share information, reveal the rationale behind decisions, and express authentic feelings and vulnerabilities, it boosts employee creativity. Employees feel safe being creative when they perceive leaders as authentic. Sharing the good, the bad, and everything in-between with your employees is important. Transparency may seem radical, but it comes down to meaningful, regular, open communication. Learn several ways that leadership can foster transparency within their organization.
Hybrid Work Keys: Resilience, Transparency & Trust
It was initially thought that remote and hybrid workplaces would be a short-term fix for the pandemic. After over two years, it’s clear that hybrid workplaces are here to stay—but some companies haven’t come to grips with some of the complexities that come with it. A research report was put together to gain insight into the critical factors at play when it comes to hybrid work environments. The study highlights that transparency is critical for employee guidelines, realistic optimism is key for resilience, leaders must ensure all employees—regardless of where they work—feel supported and valued, and more.
Intel Underlines Transparency And Accountability By Sharing Diversity And Inclusion Raw Data
Last month, Intel released its 2022 Corporate Responsibility Report and its Diversity and Inclusion (D+I) data. Since 2015, when Intel made a $300 million commitment to D+I in tech, the data has been published in a separate report. This year, the team has reintegrated the data to provide a comprehensive overview of Intel’s effort as part of its Environmental, Social, and Governance (ESG) work. More importantly, the comprehensive review helps understand how D+I is interconnected with the challenges people face. This year, Intel decided to take it a step further and not just share percentages, as it is custom for these reports, but they’re also sharing the raw data. Learn more about the information and see how Intel is ‘walking the walk’ regarding transparency and accountability.
