JEFF WEINER: LinkedIn Doesn't Leak Because We Treat Employees Like Adults
Yesterday, CEO Jeff Weiner rewarded every employee with an iPad mini to celebrate the company's success.
Fortune hosted Weiner at a dinner last night, and reports that he attributes the lack of leaks to
This cycle begins when a company hides things from employees, they have to dig to satisfy their curiosity, resent having to dig, and end up leaking. Then management further restricts information and goes on a hunt for the leakers, making the problem even worse.
According to Weiner, LinkedIn makes a conscious effort to do the opposite, to be as transparent as possible. He hopes that creates a virtuous cycle, where he can trust his employees, and they trust the company in return.
When companies try to hide things, whether it's work on a new product, impending layoffs, a struggling division, or internal tension, it doesn't just produce leaks. It makes people worse at their jobs. They feel less appreciated, less trusted, and less motivated. That's why more companies are taking a step even further and becoming radically transparent, sharing even salary information across the entire company. The argument is that secrets eventually get out, and it's better to manage it well than have a cycle of retaliation.
The base message for managers couldn't be simpler. When people are treated like adults, they're more likely to act like adults.
OpenAI CEO Sam Altman is privately reassuring developers using the company's tech that it won't compete with them beyond ChatGPT
Media mogul Martha Stewart isn't a fan of remote work: 'You can't possibly get everything done working three days a week in the office and two days remotely'
My twin and I were in separate classrooms in school. Our joint math lesson made me realize how silly that was.
What is the best date to set for your SIPs – Beginning, end, or middle of the month?
What is the best date to set for your SIPs – Beginning, end, or middle of the month?
Looking for a smartphone under ₹30,000? Here are our top picks
Half of India’s ₹2,000 notes are back with banks within a month of withdrawal announcement
Google rolls out new features to Meet's picture-in-picture mode in Chrome