A culture of transparency benefits the company; employees believe more in the company, investors and customers have more faith in it, and your company has a better reputation. Creating a transparent culture is an act of balance; you must do it in a manner that benefits the company and employees both in the short- and long-term.
Below are simple steps you can implement to encourage transparency all round:
1. Encourage Sharing
Avoid situations where employees feel left out by sharing company information with everyone. Let the practice begin with you and pass it on to employees across all ranks. In case of classified information, let everyone understand the reasons you keep it secret.
Additionally, create open forums for sharing knowledge and ideas. Everybody in the company adds value to your overall output and their contribution is important; make it known by encouraging all your employees participate in contributing ideas.
2. Allow and Accept Feedback
Feedback is crucial in allowing employees criticize and compliment the company’s operation. However, some people prefer giving their feedback in private. Create a private and confidential system where you can receive feedback especially, when criticized. Do not punish employees or witch-hunt when you receive criticism lest you discourage honest communication.
3. Allow Questions and Answers
Questions and answers between employees encourage open communication and sharing of ideas. When the management gets involved in the conversation, the company can benefit from ideas given in the question and answer sessions. Asking questions also gives an opportunity to clarify information and seek solutions to challenges in the workplace. A question and answer session should involve employees at all levels.
4. One-on-One Engagement
Talk to employees on a personal level and help each other set personal and career goals that benefit both parties. Reward employees publicly and reprimand them privately to boost their morale. Understand dynamics in the workplace and develop strategies and policies that are sensitive to individual personalities. Employees who feel appreciated are more productive and help build your reputation.
5. Break Down Walls
Break all barriers, both physically and metaphorically. Bring down walls and create an open plan office that gives employees access to each other. Additionally, create an open door policy where employees can walk into the management offices without fear. Additionally, treat every individual equally and communicate that you expect the same from everyone within the company.
6. Make Goals a Communal Affair
A company that sets goals together succeeds together; this twist on a famous quote is true for companies looking to achieve goals together and faster. It is easier to succeed if everyone is working towards the same goals with enthusiasm. Talk to your employees frequently to ensure you are all headed in the same direction and make changes whenever necessary.
A culture of transparency is key in the success of a company. Starting the practice within the company creates a friendly working environment and boosts employee morale. The steps above can help you kick-start your transparency campaign.