The Downfall of Too Much Transparency

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The statistics all point to the need for more organizational alignment and feedback between leadership and employees. The immediate thought would be to up the transparency, be quicker to provide real-time feedback and be far more open about the state of the business, right? Yes and no.

Yes, employees are all but begging for more feedback from their managers and most managers are open to hearing input from their employees, but the approach Bridgewater Associates takes to building organizational structures isn’t for everyone. In fact, even they admit to the complications it can have on some individuals, which is exactly why their candidate assessment process is so rigorous.

One problem with too much transparency is it tends to lead to over-sharing company oman phone number library affairs. Business owners have a responsibility to their employees to disclose problems that might lead to employee dismissals, but discussing every loss, financial struggle or employee salary could lead to unrest, loss of confidence and detrimental competition among employees.

Additionally, just as demonstrated by Bridgewater’s recruitment process, the practice of complete transparency just doesn’t sit well with every personality. Diversity of thought is important in company innovation, so isolating one type of worker could hinder your business, especially in creative or people-focused industries.

Finding Balance
It’s important that we understand that when employees say they want transparency, they mean they want more communication with leadership and clarity around how their job duties align with overall company goals. Employees also desire management that takes ownership of mistakes and thoroughly explains policy adjustments in advance. The level of transparency your organization enacts is dependent on your company culture and the people who work within your walls. If every step is made with the satisfaction and development of your workforce in mind, your workforce will respond with loyalty and dedication.