Why Business Transparency Matters — Especially for Startups

Business transparency is one of the most important values you can have in a startup, and as a leader, it’s up to you to make it part of your culture.

We recently held our York IE quarterly business review, where we reviewed our Q1 revenue, expenses, bookings, and other metrics and measured our progress against annual goals. Throughout the call, we also discussed our differentiated business model and how our investment, advisory services, and data platform offerings will all contribute to the company’s long-term success.

When it comes to these types of meetings, most companies — corporates and startups alike — limit attendance to senior executives. In fact, a lot of companies completely neglect to internally evangelize their vision or business model. Transparency is an afterthought.

But I believe it’s crucial to make sure all your employees know what drives your company’s success. That’s why our meeting was an all-hands — and not only that but an all-hands where we encouraged everyone to speak up and ask questions.

Originally posted at York IE RSS