Nothing to hide: The benefits of being fully open - Mark MacLeod

April 8, 2021 - Mark MacLeod

Nothing to hide: The benefits of being fully open

It is a truism that we fear what we don’t know. Left to our own devices, what we imagine is often worse than the reality. This is a hard-wired fight or flight survival mechanism. i.e. it won’t change.

If staff are wondering what’s happening, wondering what the truth is, wondering what you are really thinking, they are going to invent scenarios that are likely worse than the truth. The time they spend doing this is time not spent driving your company forward. And in this current, fully funded market where talent is more portable than ever, it will lead to great team members leaving for greener, and hopefully safer, pastures. Since fear of the unknown is, at its core, about safety.

Often in my conversations with CEOs, they are struggling with what to say or how to frame a particular issue. This could be around giving a team member harsh feedback, dealing with co-founder, board/ investor alignment issues, communicating that they are likely to have a big miss in the quarter, etc.

In all cases, my suggestion is the same: tell the truth.

If your staff, management team, investors and other stakeholders come to realize that they can always count on you for the unvarnished truth (whether they like it or not), you build an environment of massive trust. No one wastes time trying to figure out what your real agenda is.

The CEOs who adopt this practice, not only find that their companies run better, but they find they are freed of a massive weight. No longer carrying around unsaid things.

Now, I am not advocating that you turn around and hurl insults or otherwise be unpleasant. I am simply saying that the default orientation should be towards sharing the full truth always. That way, everyone can be 100% focused on making tomorrow’s truth better than today’s.

Questions to consider

What am I holding onto and not saying?

Why am I doing this? What am I afraid of?

What is the worst case scenario if I were to share these truths?

What are the benefits of sharing?

How would I feel if I was not carrying around unsaid things?

How much better would I perform if I was freed of this burden of holding onto what I am truly feeling?

Photo by Joël de Vriend on Unsplash

Your journey is never done

Sign up to my newsletter and join an inspired community of leaders who realize that the journey to achieving their full potential is never done.

    If you’re curious about my coaching and deal work you can learn more here.

    back to blog

    Latest Blog Feed

    Vitaly Pecherskiy on Building StackAdapt to $500M in Revenue and Why Great Marketing Starts With a Great Product

    Vitaly Pecherskiy and his co-founders started StackAdapt with almost no money, no connections, and barely any history together. Eleven years later, the company has crossed $500 million in revenue and grown to 1,600 people across 20 countries. In this episode, […]

    read more

    Blair Livingston on Scaling Street Context, Surviving the Desert Years, and Navigating a Private Equity Exit

    Blair Livingston spent 12 years building Street Context into a global sales enablement platform that served over 150 broker-dealers across 50 countries. But the road to that exit was anything but smooth. In this episode of the Startup CEO Show, […]

    read more

    Reza Khadjavi on Building Motion, Bridging the Creative-Data Gap, and Why B2B Brands Need Consumer DNA

    Reza Khadjavi, co-founder and CEO of Motion, joins Mark MacLeod on the Startup CEO Show to share the full story behind one of the most unconventional paths in SaaS. What started as a Shopify app called Shoelace evolved into an […]

    read more

    Contact

    Email : me@markmacleod.me

    Follow me:

    Mark MacLeod ICF Member

    Send Me A Message