Being open with employees is important for company morale and your business’s bottom line. Transparency helps employees understand how important their role is to the company, what they need to prioritize and how to succeed. Plus, keeping information hidden causes stress and decreases employee engagement. Below are three tips for adding transparency in the business environment:
1. Start at the Executive Level
As Fortune mentioned, the culture and attitude of your leaders sets the stage for how your business is run. Transparency must start with C-suite executives – they need to collaborate with each other and other employees on the best ways to handle the business. Once staff members see them in action, they’ll realize it’s okay to share information themselves.
Research originally published by The Leadership Quarterly found a positive relationship between leader transparency and employee engagement. Over a period of three months, researchers polled military cadets to discover their attitudes towards their leaders and how those feelings affected them. Those who said they had open leaders with good communication skills also reported higher levels of engagement three weeks into the study. What’s more, that increased engagement turned into better performance when these people were surveyed again at the end of the study.
2. Use Goal-Setting Software
Transparency benefits companies by keeping employees aligned with their employer’s goals and operations. It lets employees understand where the business is headed and their role in that process. Goal-setting software that anyone can view and use helps employees see where their ambitions lie in relation to their peers, bosses and company leaders. They can also make sure their personal goals mirror or support those of their department, managers or other business leaders. What’s more, transparent goal-setting software shows employees that they’re valued team members, not just a means to profit.
3. Recognize Open Employees
Crediting employees for certain achievements inspires others to do the same, so take the time to celebrate those who help encourage an open company culture. You don’t have to reference transparency for transparency’s sake, however. After all, it would be weird to praise Dave in customer support for CCing the entire organization on something irrelevant. Instead, make a point to focus on good communication skills and collaborative efforts. You don’t need to shout the words, “Thanks for being transparent,” but the message is there.
By fostering a transparent environment, employees feel more empowered by the business they work for. They become less stressed and more engaged, putting more of themselves into their work and bringing stronger results.