Embrace Transparency, Don’t Shy Away From It.
Having worked with Sr. Leadership Teams over the last 12 years, I have found varying levels of comfort when it comes to transparency. Some shy away from “Big Brother” looking at all they do, while others embrace anyone knowing how everyone is doing. When it comes to Strategic Planning and Strategy Execution, transparency has become vital in making the right things happen. CEO’s who embrace transparency find it empowering. When done right, Employees who work in a transparent environment find it rewarding.
In the video below, Alan Mulally shares how transparency helped him and his people reverse a $17 Billion loss at Ford Motor Company.
Great Leaders Know How To Use Transparency
When great leaders have transparency amazing things happen.
- Employees take ownership for the success of the organization
- Boards of Directors are clear on what your team is doing and why
- Stakeholders are getting the things they need from your organization
- Stockholders have confidence in your organization, increasing the value.
Make a Plan to Achieve a Vision
We have all heard the phrase “Begin with the End in Mind”. Whether it is for ourselves, our families, or our companies, having a plan to achieve a positive future, is the cornerstone of effectiveness. Having a plan is only half of the equation. Effective leaders not only create a plan to achieve a better future state, they set up systems to ensure transparency and execution of that plan.
Set Goals and Action Plans
Setting goals and action plans is key to achieving success. Leaders look at what needs to happen, what actions need to be taken, and who needs to take those actions to achieve success. Whether you refer to these goals and action plans as Key Performance Indicators (KPIs), Projects, Wildly Important Goals or Leading Indicators, it is important to set goals in your plan and then achieve those goals. Working on Actions that get you closer to achieving the right Goals is the only way to reach your vision.
Assign Ownership and Set Timelines
There is a big difference in people taking accountability for your own success, and “holding people accountable” for success. Transparency on timelines and progress engages everyone in the success of the organization and allows individuals to show their worth.
Want to see what having transparency could do for your business?
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