Transparency in the workforce is currently a major concern among employees, managers and at the executive level. Not only does a culture of transparency increase employee trust, but incorporating it effectively can boost your staff's performance. A recent study from BetterWorks and Wakefield Research found just how important transparency is when it comes to goal setting and performance management. The most notable result of this survey revealed how transparency has a significant impact on employees: 92 percent of respondents said they'd work harder and improve their performance if their goals were visible on a company-wide basis.In addition, 37 percent of survey respondents said their performance would improve if they better understood the goals of their employer and their peers. Unfortunately, 64 percent believed their company leaders aren't transparent enough about the overall goals of the business. Company leaders must work hard to ensure visibility across their offices.One way goal visibility enhances performance is through giving individual employees meaning. By observing the goals of their peers, managers and the company at large, they understand where their own tasks and aspirations fall when it comes to the big picture. They see their work is more than just a means to a paycheck - it's part of an overall strategy to help them and their coworkers succeed.
Strategic Alignment & Execution
Why Your Goals Should Be Transparent
By Betterworks February 14, 2017 2 minutes read