Video: Issue Area: Fairness Transparency and Accountability 2024, May
Believe it or not, a quarter of employees do not trust their employer. This distrust is likely due to a lack of transparency in the workplace. Transparent leadership is the key to building a culture of trust between leaders and their employees. Employees who are aware of the events and understand their role in the overall goals and objectives of the company, for obvious reasons, are more likely to trust their employer.
The relationship between the boss and the subordinate
Employees are not easy to leave work, they leave their bosses. In fact, the 2014 survey showed that 37 percent of the 3,008 employees surveyed were more likely to leave work because of a bad opinion about work and the boss.
When it comes to building strong relationships in the workplace, trust is central. Unbounce, for example, has taken transparency to a new level with its employee blog Inside Unbounce. This not only demonstrates transparency for potential applicants, but also allows employees to keep abreast of events and receive information about events in the company, successes and feedback.
The value of each employee and his opinions
Employee coherence for the sake of transparency means looking at the big picture and striving to understand everyone's role in it. This is easy to do when employers practice transparency in the workplace. Transparent leadership leads to the presence of employees who understand the vision of the company, and how their efforts help achieve the goals of the whole company. Transparency is at the top of the Code of Culture. Its internal base includes financial data (cash balances, recording speed, profit and loss, etc.), meetings of the board of directors, management, “strategic” topics, knowledge, basically everything that employees need to be informed and in line with the company's vision.
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Best solutions
When leaders are transparent, problems are resolved faster. Being open and honest about the problems of the company, employees can help find solutions. And two heads are better than one. An application for sharing information on social networks can publish information about the company’s work, providing reports on the work done to support customers, blogging performance, business performance, etc. This not only increases responsibility, identifies problems, but also encourages employees to find solutions.
Participation
A culture that appreciates transparency in the workplace creates busy workers. A 2013 survey of Harvard Business Review staff engagement found that 70 percent of those surveyed are most interested when top management constantly updates and communicates the company's strategy.
When it comes to attracting employees, it is best to be open about company issues. LinkedIn CEO Jeff Weiner creates an organization based on transparency. He even spends time holding weekly meetings, during which he informs employees about company issues and listens to their suggestions.
Have a “ask me something” session
Give your colleagues the opportunity to ask any questions by having a “ask me about anything” session. Such a game will give people the opportunity to ask questions that they usually would not have the opportunity to ask before. If you are a leader in a large organization, such an exercise can be especially important, as employees may never have had the opportunity to meet with you, not to mention asking you something. A casual conversation will help employees ask questions in an open environment where they can get answers.
Use these tips to increase transparency in the team. This will help to significantly improve the company's business.
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