HOW TO ACHIEVE FULL TRANSPARENCY IN BUSINESS? (summing up an Integrated Business Sensing (IBSing) meeting)
1) BARRIERS:
Lack of trust, not aligned goals, gap denial culture, fiscal setup, organisational structure, unclear roles and responsibilities, fear culture, missing ground-rules, different data sets, information overload, confidentiality, too much detail, missing system access, ego, ….
2) BEST PRACTICES:
· Identify needs for information
· Relevant information to relevant receiver, functions, stakeholders
· Making numbers visible at helicopter view
· Common share-drives, website, tools as enablers
· Meeting summaries, newsletter updates…
· Addressing conflict of interest between different departments
· Common goals linked to process outputs
· Regular collaboration, check in and meetings across functions and regions