How One Silicon Valley CEO - Bipul Sinha Practices ‘Radical Transparency’

[Batman_fan]

At Rubrik, all 600 employees are invited to board meetings. For better or worse.

https://www.wsj.com/articles/why-one-company-invites-all-employees-to-board-meetings-1509028866

There’s no such thing as TMI—or too much information—at Rubrik. That’s because co-founder and Chief Executive Bipul Sinha runs the data-management startup under a strict code of radical transparency.

Mr. Sinha is up front with executives about where they stand, and open with employees about the company’s business and financial performance. He believes the extreme honesty helps create a strong corporate culture. “These moments can be scary, but if you are true and transparent it creates trust,” he says. “It creates empowerment.”

Mr. Sinha, a former Oracle Corp. engineer who later became a financier at Lightspeed Venture Partners, expects the same frankness from the Palo Alto, Calif., company’s six-member board. Each board meeting is open to all 600 of the company’s employees—and a majority of them attend in person or via teleconference. They are encouraged to probe and challenge Rubrik’s directors. No relevant business topics are off the table, with the exception of confidential client information.

[Batman_fan]

Great idea when building a company. You need loyal employees and this is one great way. 

[uttermost]

I'm sure he read "The Dispossessed". pretty cool.

But I guess this is overreaching a bit. It won't be effective, I mean. Google's, and to an extent Facebook's decentralization is the best way to go.

[samaja_varagamana]

3 minutes ago, Batman_fan said:

Great idea when building a company. You need loyal employees and this is one great way. 

good post bro ....you are the only one who posts these kind of stuff

[Batman_fan]

Just now, uttermost said:

I'm sure he read "The Dispossessed". pretty cool.

But I guess this is overreaching a bit. It won't be effective, I mean. Google's, and to an extent Facebook's decentralization is the best way to go.

AT some point he has to, but at least during the initial stages, his idea will get more returns than any other method 

[Batman_fan]

4 minutes ago, samaja_varagamana said:

good post bro ....you are the only one who posts these kind of stuff

Cheers

[samaja_varagamana]

Just now, Batman_fan said:

Cheers

yes bro friday cheers grab a good beer have fun