Your employees and their levels of engagement are the core of your company. Then, how can you as a manager captivate your employees to drive your company to thrive and succeed? Maintaining internal corporate transparency is an important way to give your employees the engagement boost they need. Keeping all employees informed on company progress can confirm the importance of their role within the company and can increase their work satisfaction.
Tap into their innate desire to succeed both in accomplishing personal work goals and the company’s by staying transparent. Read more on the importance of internal corporate transparency for the sake of your company and your employees.
Make transparent all company goals
Transparency is when the company’s goals and action plans are openly defined for everyone’s knowledge. As the company goals are made clear, all employees will know what they’re striving for with each task they complete. Also, don’t only make the company’s initiatives known, but also make transparent the roles of each individual employee.
Knowing how their role fits into the overall picture will increase employee satisfaction. This allows the employees to cooperate together without stepping on each other’s toes and can even avoid office unproductivity by preventing two people working on the same task.
Through thick and thin
It’s always nice to celebrate the good times with company happy hours, but what about during the tough times? Even if the “bad times” aren’t announced publicly, there are usually hints that make it apparent for your employees.
Don’t unnecessary cause your employees to worry about the future of the company. Instead, be open with them even through the bad season. Employees understand that there can be both good and bad times for the company. They may even be able to come up with new, innovative ideas to jumpstart the company’s development.
Avoid workplace grapevine
The inevitable gossip shared around the water cooler isn’t always reliable. That unexpected low profit margin the company experienced last month may not have been a big deal in the grand scheme of things, but the rumors say otherwise.
Debunk the false rumors by holding a stand up meeting as often as necessary to address any news going on with the company. Employees can look forward to this monthly, or bi-weekly, meeting to find answers to their questions and issues.
You can also address here whether company goals are being met and if there are any key industry changes that employees should be aware of. Be open for any questions or concerns your team may have and answer them with full transparency. Don’t leave them in the dark about anything that could lead to inaccurate information.
Open door meetings
Executive meetings don’t include every single member of the company, hence the name “executive” meetings. Regardless of the exclusive “management only” invite, the information discussed here could be useful for all employees.
Knowing the details of a company’s goals can drive the employees to work harder to achieve them. Consider sending out of relevant meeting minutes via email after each management meeting to keep your employees in the loop. This way, they will understand their role within the business in fulfilling their duties.
Transparency for all
Maintaining transparency isn’t only for top-level management to lower-level management. Internal corporate transparency goes both ways. Encourage employees to open about how they spend their day. That being said, this isn’t about micromanagement and exercising control over every minute of their work schedule.
Knowing how employees appropriate their day can show you what priority they give to each task and if their goals are aligned with the company’s. The new projects they’ve taken on can also give you insights into what ideas they have for the company.
Having internal corporate transparency is a simple way to stimulate employee engagement. Make this one of your management goals and see the boost in your employee morale!
