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¶ … Clarity Chronicle -- Communication Transparency
Communication: Integrity and Transparency
Building Trust through Integrity and Transparency
Recently, TakeCareSM underwent a major cultural change; one of the most important parts of which is a shift toward emphasizing the importance of Integrity and Transparency in order to build trust throughout the organization. In principle, integrity means a consistency and uniformity of values and core beliefs: an organization with integrity expresses its core values and beliefs throughout every aspect of its operations and relationships. Transparency means openness to view and a commitment to full disclosure and the rejection of any form of secrecy. Generally, organizations that promote and live up to the principle of integrity and transparency are more responsive to their stakeholders and much less susceptible to some of the serious problems that plague organizations with less well defined core values and beliefs that lack a commitment to informational transparency and openness.
Recent Organizational Culture Changes at TakeCareSM
Several weeks ago, our entire management team participated in a business management seminar about the importance of open and honest communication and the use of mechanisms such as post-mortem reviews to solve problems and improve the organization as much as possible. We learned that the purpose of these reviews is not necessarily about what is "wrong" but about understanding what issues need to be anticipated and explored. Ultimately, the main purpose of this approach is to create and maintain an environment in which our staff can be completely comfortable sharing their ideas, points-of-view, and concerns in an open way without fear of negative consequences.
To implement the policy of integrity and transparency, we have implemented procedures to publish and provide quarterly financial earning statements. We have also scheduled open dialogues that take place twice every year, and we distributed an anonymous Employee Survey to determine what issues and concerns are most important to our employees. The results of that survey were detailed in the first issue of the Clarity Chronicle, which is another important development that is part of the cultural shift to which we have committed. That publication is intended to facilitate the sharing of information throughout our organization for the benefit of all stakeholders.
The criteria established by the EITI for control of revenues and payments are follows: Regular publication of all material oil, gas and mining payments by companies to governments ("payments") and all material revenues received by governments from oil, gas and mining companies ("revenues") to a wide audience in a publicly accessible, comprehensive and comprehensible manner. Where such audits do not already exist, payments and revenues are the subject of a credible,
Transparency and Governance Many nations struggle with the issue of transparency, particularly the third world nations. This has been seen as one of the chief causes of poverty in the nations and also a contributor to bad governance. However, the bad governance is also seen to be recipe for lack of transparency, the two are inter-connected in such a manner that they are both cause and effect of each other. Transparency
Transparancy and Public Trust Transparency and Public Trust Each of the administrator examples given are a good representative of what it means to be transparent in order to gain and keep the public's trust. All three people work in different agencies so the steps that they take and the processes in place will be different from agency to agency. However, one example stood out from the rest. Not because it was so
Perception and Transparency Food and Drug Administration recently embarked on an initiative to enhance transparency in research, pricing, and marketing of medical products through establishing its transparency taskforce. This initiative was also fueled by President Obama's directive due to the greater demand for transparency in various aspects relating to medical products. FDA's transparency taskforce is mandated with the responsibility of identifying ways through which the agency can make beneficial and understandable
Corporate Political Spending The lack of transparency in corporate political spending has is an ethical issue, because the lack of transparency has very much worked in favor of corporate donors. This is a high moral intensity issue because corporations have unique ability to earn income, essentially unmatched by individuals. Individuals who control corporations -- people who are already rich and powerful -- then control an even greater amount of assets with
S., France and publicity, Chad was able to renegotiate more favorable contracts with the Bank, expropriate over $450 million in taxes from the private Consortium firms which they claim they had already paid, under the threat of replacement with Chinese firms. Global oil prices spiked, and Chad cleared over $1 billion in revenues in the last year of the Bank's project in 2008. Much of this increased income coincided at