Organizational transparency is crucial because it fosters trust among stakeholders by ensuring they have access to accurate and timely information about the organization's operations and decision-making processes. Additionally, it enhances accountability, reduces the risk of misconduct, and improves overall governance, leading to more sustainable and ethical business practices.
by Carine Smith Ihenacho, Nicolai Tangen
Compendium
Jun 11, 2024Nicolai Tangen emphasizes the impact of lifelong learning, specifically his studies in social psychology, on his leadership at Norges Bank Investment Management (NBIM). This informed is approach to risk governance, emphasizing psychological safety, transparency, and a no-blame culture to foster open communication and improve organizational performance.
