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There Is Such a Thing as Too Much Transparency at Work

There Is Such a Thing as Too Much Transparency at Work
From Recruiter - August 8, 2017

Do you want your workplace to be transparent?

Were willing to bet the answer is Yes, givenhow many companies today boast about their transparent policies and cultures. It makes sense that transparency is so popular, given that 46 percent of employees in one studycited a lack of transparent leadership communication as a driving factor behind their decision to look for employment elsewhere.

As with any management tactic, however, transparency is far more complicated to implement than it sounds. When asked about transparency in the workplace, many people wont hesitate to demand more, more, more. But the truth is that transparency, like pretty much everything else, is a matter of finding the right balance.

Embracing Transparency

Last year, Business Insiderexplored the hiring processat Bridgewater Associates, the worlds largest hedge fund. Bridgewater takes recruiting very seriously, putting potential hires through hours of surveys, personality assessments, and phone interviews in order determine who is a fit for the organization.

Bridgewaters company culture is founded on a sense of radical transparency that encourages employees to constantly challenge each other and reflect on one anothers decisions and mistakes. No one is immune to this sometimes painful transparency: Subordinates challenge the decisions of leaders and vice versa.

Feedback of this kind is believed to build better alignment between employees and the company. Ninety-seven percent of employees and executives believe that a lack of alignment can harm the outcomes of projects. Furthermore, businesses with effective communication processes are 50 percent more likely to have lower levels of employee turnover. Bridgewaters radical transparency aims to create more accountability, more alignment, and more efficiency.

Can You Have Too Much Transparency?

The stats cited above all point to the necessity of organizational alignment and feedback between leaders and employees. To attain these things, we need to be more transparent and provide real-time feedback quickly, right?



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