From the course: Communicating with Transparency
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Transparent communication case studies
From the course: Communicating with Transparency
Transparent communication case studies
- As with anything, discussing transparency in theory can only be so helpful. By looking at how some successful companies and leaders apply transparency, we can begin to get more granular about what transparent communication looks like in the real world, and hopefully, find some inspiration. Let's start with financial transparency, the practice of sharing important financials like employee pay or company performance with the workforce. Whole Foods does this by releasing openly the pay of all of its employees for the entire workforce to see. Another company, HubSpot, a web marketing company, releases all their financial data to their employees before going public with this information. These are all forms of transparent communication that help show the employees that they work in a fair, equitable, and open environment. That said, there can be a dark side of this sort of financial transparency. If releasing pay, for…
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