Economics/Business

Transparent management/benefits/implementation

The transparent management is a trend that is here to stay, after all, transparency is one of the features most demanded by professionals of current generations. For them, the feeling that something is being hidden ends up affecting their trust in the company and, consequently, their productivity and engagement.

In this article, we will explain what transparent management is, in fact, its relationship with organizational culture and the benefits it provides for the business. Finally, we’ll give you some valuable tips to ensure more transparency in your company. Check out! 

What is transparent management?

Transparent management is a way of managing the company in which information and important decision-making for the organization are shared with all members of the team. It is a relationship of mutual trust between employees and managers, who together build business growth strategies.

What is the relationship between corporate transparency and organizational culture?

To ensure transparent management, the company needs to have transparency as one of the pillars of its organizational culture . Therefore, this value must be part of the daily lives of employees and managers, more than that, it has to be something completely natural for all of them. Otherwise, the image that is passed on to the market and employees becomes exactly the opposite of what you want to convey.

In this sense, corporate transparency needs to be experienced from the inside out, at all hierarchical levels. People need to realize that they are on top of everything that is going on and that no strategic information is being withheld. When this takes root in the company’s culture, everything starts to flow in a lighter and simpler way.

What are the benefits of transparency in companies?

For those with a more conservative profile, transparent management can seem quite daunting, as it leaves management more exposed. However, this type of positioning provides many advantages for the business, as we will see below.

Consolidation of organizational culture

The relationship between corporate transparency and organizational culture is a two-way street, in which both benefit. As information is more shared and employees are more involved in decision-making, the culture is strengthened and transparent practices are more entrenched.

In this way, a virtuous cycle is generated, where the more transparent leaders are with their subordinates, the more they internalize this value and replicate it with colleagues and back with their leaders. 

Increased sense of belonging of employees

Sharing information is one of the premises of the sense of belonging in a group, regardless of its nature. 

In the work environment, when the manager meets with his team to discuss more sensitive issues that will generate stronger impacts on everyone’s routine, each one is able to better assimilate their importance for the group and for the company as a whole.

Strengthening employer branding actions

Employer branding is strengthened through different types of actions, but the most important point for achieving positive results lies in the relationship of trust established between the company and its employees . 

Furthermore, the practice of feedback as part of the culture and transparency in all communication make other initiatives more trustworthy and gain strength.

Improved motivation and engagement

Motivating and engaging employees is a major challenge for people management in any type of company. But dealing with the needs and limitations of people with different behavioral profiles becomes much easier when transparency is present in dialogues and discussions. 

In addition, professionals are more willing to give their best, as they know and trust what is being done. Access to information helps them see scenarios more broadly, making them feel urged to seek new solutions more often.

How to implement transparent management?

The main premise to be followed in implementing transparent management is not to be afraid to share information with your employees . Thus, all actions must be based on this in order to establish a relationship of mutual trust. From a practical standpoint, we’ve listed some of the steps you can take to make your organization more transparent.

Strengthen the feedback culture

More than just talking about strengths and points to develop with your employees, it is essential to know how to correctly give feedback to people . Here, transparency plays a very important role, as it helps to establish a cleaner, noise-free dialogue.

Therefore, feedback needs to become one of the pillars of the company’s culture, something that is naturally practiced by all employees, at all levels of the organization. Only then will transparency and reliability be maintained.

Include people in decision processes

Being transparent doesn’t just leave all information in plain sight. It is important that they are involved in the decision-making process, that they are part of the group that defines the company’s strategies. This helps to bring professionals closer, to develop them in their careers, and also strengthens bonds with managers and colleagues.

Share more information and keep contributors up to date

Establish more active communication with your employees. To do so, use the intranet as a channel to strengthen the transparency pillar and show that the company is willing to open up . Also, don’t let rumors be created, clarify everyone early on and keep teams up to date on the latest developments and decisions.

Transparent management is a way to bring employees closer to the business and make them feel increasingly important. Sharing information and encouraging participation in decision-making provide advantages both for the company and for the professionals themselves. So, take advantage of the tips and implement business transparency in your organization.

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