Tuesday, March 27, 2007

Wired 15.04: The See-Through CEO

Wired 15.04: The See-Through CEO:

"Secrecy is dying. It's probably already dead.2 In a world where Eli Lilly's internal drug-development memos, Paris Hilton's phonecam images, Enron's emails, and even the governor of California's private conversations can be instantly forwarded across the planet, trying to hide something illicit - trying to hide anything, really - is an unwise gamble. So many blogs rely on scoops to drive their traffic that muckraking has become a sort of mass global hobby. Radical transparency has even reached the ultrasecretive world of Washington politics: The nonprofit Sunlight Foundation has begun putting zillions of public documents in elegantly searchable online databases, leaving it to interested citizens to connect the dots. One adroit digger recently discovered that former House Speaker Dennis Hastert had earmarked $200 million for a highway to be built near a property he had a stake in. When the property was sold, Hastert made a 500 percent profit on his original investment, provoking a wave of negative coverage.

All of which explains why the cult of transparency has so many high tech converts these days. Transparency is a judo move. Your customers are going to poke around in your business anyway, and your workers are going to blab about internal info - so why not make it work for you by turning everyone into a partner in the process and inviting them to do so?"

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