Transparency of clear waters, add to the beauty of the natural scenery. A great attribute to be learned from this picture is “TRANSPARENCY”. In the age of increasing corporate governance day-by-day, there is need to create transparent business systems. These transparent business systems are required to improve and enhance the functionality of the business processes.
Transparency refers to open systems. It may be defined as work flow in an open environment. The business processes flows from the roots of utmost honesty. Nothing is being concealed from stake holders. Every process is well defined in the system and documented. It adds a great value to the business valuation.Good transparency promotes enhanced governance and better business outcomes.
As an old saying goes, for hiding a lie, 100 lies are required, but to speak the truth only one sentence can make your Day. Ensuring transparency in business systems, increases the communication lines. It channelizes the much needed positive energy into the right direction.
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