Fierce Resources: Honesty IS the Best Policy

This week’s Fierce Resource was first published on the Fierce blog and was written by Fierce CEO & President, Halley Bock.

Having open communication is critical to the success of a company and directly affects the ability to innovate. This week on the Fierce blog we’ve focused on the power of thinking outside the box and bringing those new ideas to your organization.

Honesty IS the Best Policy, reinforces the benefits of open feedback.

“Companies that foster and encourage honest feedback make more money than companies who don’t. Period. That’s the assertion Corporate Executive Board makes in their recent study shared by Harvard Business Review. They found that organizations who rated highly in the area of open communication delivered a 10-year TSR (total shareholder return) of 7.9% compared to 2.1% at other companies. That’s impressive.”

To read the full blog click here.