Listen
Copied RSS Feed

Syncfusion

All Things Open 2024 Takeaways, Part 2: Transparency

At All Things Open, a conference about new open-source technologies and pertinent topics held annually in Raleigh, North Carolina, Syncfusion’s VP of Business Development Marissa Keller Outten attended the session “From Closed Doors to Open Communication: A Journey to Transparency,” presented by Addie Girouard of Third Man Agency. Here are some of Outten’s takeaways:

Transparency is a vital ingredient for success in any organization. A striking example comes from an airplane manufacturer that promised enhanced stability and a reduced environmental impact with its new aircraft. However, a lack of transparency internally and externally led to two fatal crashes, resulting in significant repercussions for the company.

The importance of transparency

When information is not shared openly, trust in a company erodes, innovation stalls, and turnover rates can skyrocket.

Here are four symptoms of a lack of transparency in an organization:

  • Information silos: Difficulty in accessing needed information often points to ineffective communication. Think about Conway’s Law: your organization’s communication structure is indicative of its systems.
  • Lack of trust: Open communication fosters trust. If your environment is filled with yes-people, a deeper issue may be present. Encouraging honest feedback can help break this cycle.
  • Reduced innovation: Innovation thrives on diverse thoughts. If you’re rushing through decisions, you might be stifling creativity. Make space for divergent thinking. It’s OK to take a moment to pause to consider big decisions.
  • High turnover: Organizations with low transparency experience 2.8 times more turnover. If you’re losing your best talent, it’s time to reassess how you communicate.

How to build transparency

Building a culture of transparency starts with leadership and effective communication. Here are some things to consider:

  • Embrace vulnerability: Leaders should model vulnerability to foster trust within their teams.
  • Audit communication channels: Simplify your communication tools. If your team is using too many platforms, clarity can suffer. It takes multiple exposures for a message to truly resonate.
  • Build champions: Encourage advocates for transparency throughout the organization. These champions can help promote and maintain open communication.
  • Celebrate progress: Recognize and share lessons learned, even when things don’t go as planned. This approach builds a culture of continuous improvement.
  • Leverage collaboration tools: Consider methodologies to strengthen collaborative efforts and enhance productivity.

Overcoming barriers to transparency

One of the biggest hurdles to creating a culture of transparency is the lack of executive sponsorship. When initiatives lack clear backing from leadership, they often fail. Ensure that executive-level leaders understand the value of transparency so that they can empower their teams to drive it forward.

The benefits of transparency

Organizations that prioritize transparency can see remarkable benefits:

  • Attracting talent: Many job seekers seek transparent organizations that give you access to great talent.
  • Driving innovation: Transparency can lead to greater innovation by employees and managers.
  • Increased revenue: Transparency begets innovation, which can lead to higher revenue. Companies that invest in transparency can experience an increase in revenue.

Conclusion: From me to we

In closing, the power of transparency cannot be overstated. It drives collective success and fosters a culture where everyone feels valued and heard. When organizations shift the corporate conversations from “me” to “we,” they create an environment ripe for innovation and growth.

Related links

Meet the Author

Marissa Keller Outten