Adopting an open leadership style can bring enormous benefits in terms of company culture, employee engagement, customer loyalty and productivity
Interested in what a company or its chief executive is really like behind the corporate PR machine? These days it’s easy to find out. The internet has enabled employees to share exactly what they think about working where they do, and websites such as Glassdoor give employees the opportunity to leave anonymous reviews about their companies. Glassdoor’s most recent survey of the most popular CEOs attracted a lot of publicity.
So, should CEOs adapt their leadership style now they are open to public criticism? Yes – but not simply with a view to ratings-chasing. Adopting a more transparent leadership style can bring enormous benefits in terms of company culture, employee engagement and productivity. Increased transparency does also tend to have a very positive impact on a company’s reputation.
The benefits of this go way beyond inclusion on lists of top CEOs or best employers. A great reputation leads to increased loyalty from both employees and customers, which brings real bottom-line benefits.
Source: The Guardian Circular Economy RSS