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Wednesday, October 31, 2012

Radical Transparency

What is the value of radical transparency?  " ... Radical transparency, the idea of everyone knowing everything, could actually be a major driver of increased organizational performance. Private research software firm Qualtrics believes that the biggest reason companies fail is because people lose focus and get off track. It's particularly true of young, fast-growing companies driving to meet stretch revenue goals and keep their investors happy. Qualtrics didn't want to fall into that trap so the company made the bold decision to make all employees' performance data available to everyone in the company. By doing so, Qualtrics removes the distractions, fears, and negativity that sap concentration. The entire workforce has access to a host of information about the performance and practice of each employee that includes. ..."    

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