Transparency within a company is crucial to gaining the trust of your employees. A disturbing note from a recent book by Jeff Pfeffer:
The Talent Strategy Group surveyed 200 companies in 2014 and found that 73% of companies have decided that lying to their employees about their potential to advance is the right choice. ”Leadership BS” by Jeff Pfeffer, page 123
To build your company on lies is to build your company on faulty ground…only a matter of time before the employees will lose complete trust in the company leadership.