Transparency has the ability to transform employees into operating partners for an organization with much higher levels of ownership and vesting.
Trust and transparency are closely related. Transparent organizations and leaders are more trusted by team members.
Trust your team members with the truth and as much as you can tell them about financial results, customers, meetings and other team members. The more you trust them, the more they will trust you.
Leadership transparency must be balanced with the need to be upbeat and optimistic. Transparency does not grant license to be a fear-based leader or to be an ass.
