The Positive Side of Organisational Transparency: Trust and a Sense of Belonging
Numerous studies suggest that organisations prioritising transparency and trust achieve higher levels of satisfaction and morale among their employees.
According to Deloitte, 86% of leaders say that the more transparent an organisation is, the greater the trust of the workforce. Their research shows that sharing information about decisions, results, strategies, and practices freely with employees, customers, investors, and other stakeholders is generally viewed positively.
“86% of leaders say that the more transparent an organisation is, the greater the trust of the workforce.”
Moreover, employees in companies with a high level of trust are 50% less likely to leave for another organisation, 180% more likely to be motivated, 140% more likely to take on additional responsibilities, and, in general, are more productive, more satisfied with their jobs, and healthier.
Is It Possible to Achieve a Proper Balance Between Transparency and Privacy?
In a world where information flows rapidly and the boundaries between public and private blur, finding a balance between transparency and privacy in the workplace is more relevant than ever. This balance is essential for fostering trust without compromising employees’ privacy, and achieving it requires a deep reflection on the very nature of human relationships at work.