Permanent Podcast: Real Talk About Private Equity and Buying, Selling, and Operating Small Businesses cover image

Claire Hughes Johnson: Scaling People - Outside Insights

Permanent Podcast: Real Talk About Private Equity and Buying, Selling, and Operating Small Businesses

NOTE

Transparency Must Serve Others

Consideration should be given to what information is shared to avoid disclosing confidential or distracting details, especially regarding sensitive topics like compensation changes. Prematurely announcing potential pay changes can lead to unnecessary distraction and anxiety without affecting final outcomes. While consulting key stakeholders is important, including large groups in such decisions is often unproductive. Establishing clear expectations about the boundaries of transparency is crucial. Transparency should be approached with the intent to benefit others rather than oneself, emphasizing a caring and generous intent. When transparency veers toward self-serving motivations, it crosses an ethical line that should be avoided.

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