In an age when you are expected to put every detail of your life online for the world to see, it should be no surprise that corporate shareholders demand social media–like access into how a company spends its money, particularly to whom it makes political contributions. Add a hotly contested presidential campaign to the mix, and there is ever more clamor for details. Is your organization prepared for transparency and the accountability that goes with it? “We live an age of accountability, transparency and values,” said Susan Frank Divers of LRN Corporation, which advises global companies on ethics and leadership.
“People should feel comfortable being transparent because that’s the world we live in. Society and our culture, rather than regulators, per se, have set that expectation.”