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Will Transparency at Work Work for You?

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Will Transparency at Work Work for You?

In this article, Yanay Zohar extolls the benefits of transparency at work. 

Most of us would agree that transparency is a good thing.Yet somehow, not only did we get used to its glaring absence at work, but most people would even find it borderline inappropriate. What is the price we pay, and how can we reclaim it? 

How comfortable are you with…

Sharing publicly your salary information?

Disclosing everything you said in every meeting?

Being publicly rated by anybody else in the company?

For most people, this will trigger at least a mild discomfort.

Now think about typical work-environment frustrations: 

Decisions that affect you but made without your involvement

Problems that get covered up to protect egos or incompetence 

People who restrict access to knowledge as a source of power

For some reason, we learned to accept them as facts of life in almost any organization.

What if we challenged the fact that these behaviors are unavoidable?

What if we stopped avoiding the uncomfortable?

What if we just say “Stop! New rules”? 

This is exactly what two visionary leaders of very different companies did, when decided to adopt radical transparency as a foundational principal for their companies:

Joel Gascoigne – founder and CEO of Buffer, a tech company (~130 employees)

Ray Dalio – founder and CIO of Bridgewater, the world’s largest hedge fund (~1500 employees)

What do they benefit from it, what are the challenges they face, and of course – the billion dollar question: will it work for you?

 

Key points include:

  • The “no more secrets” dashboard
  • The logic behind major decisions
  • The positive impacts

 

Read the full article, Naked at Work: How Radical Transparency Changes The Game, on LinkedIn.