SFSU CoB Alumni Ethics Group

Business Ethics & Transparency

Introduction We'd like to hear a shared focus of real-world experiences on the importance of transparency and sustainable business practice.We invite you to join the discussion and post any relevant materials or information in the WikiPages, add links to useful websites under the Resources section, information about other ethics-related events or any nonprof ...learn more

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Created: Oct 26, 2007

Updated: Nov 09, 2009

Membership: Member Referral

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Created: Nov 08, 2007
Updated: Nov 21, 2007
Viewed: 434 times

Topic: Transparency vs. Disclosure

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Transparency – the problem of developing transparent, rather than hidden, business aspects of public concern as evidenced by recent corporate scandals poses ethical organizational practice dilemmas. The meanings of transparency and disclosure seem to be distinct as they relate to sustainable business practice and ethical decision-making. But, I'd like to explore those distinctions. Any ideas?
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Denise, thank you for facilitating such an interesting discussion. I just wanted to share the name of the book which I mentioned at the panel which discusses the topic of transparency as it relates to leadership:

The Transparency Edge: How Credibility can make or break you in business: Barbara and Elizabeth Pagano. Published 2003. McGraw-Hill Professional
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Camilla, I really liked the quote you used during your presentation. Would you mind sharing it again here?
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Here is the quote from the book I mentioned below [The Transparency Edge]. It was written by Stephen Lundin in the Forward to the book:

"Transparent leaders are those who build credibility through overwhelming honesty, real vulnerability, fierce conversation, keeping commitments, grace, humility, compusure and sincere cheerleading......It is with the support of transparent leaders that we are able to build and sustain a workplace that is both productive and deeply human"
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Camilla - Thanks for posting the quote! I believe in the initial open dialogue we held on November 9th at SFSU's Alumni Event. We seemed to touch on many levels of that complex idea of 'transparency':
What are best practices for organizations? What sorts of regulatory requirements are needed in this respect, or can we expect informed consumers to 'manage' the market?
How do we legitimate risks vs. benefits of disclosure of some corporate info that seems to indicate transparent intentions - in financial statemetns, technology, social (employees, consumers) aspects, and environmental impacts?
How do corporate endeavors indicate commitments to the environment and corresponding stakeholders minus 'greenwashing'?
These questions pose challenges to the leadership of organizations seeking sustainable practice.
I'm opening up the continuing discussion as a dialogue for further ideas from those who attended, and friends of those who attended the SFSU Alumni Event. Please feel free to post replies on specific areas!
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