Four Ways Open Source Principles Can Improve Your Business

More than ever, companies are embracing the principles of open source to make major improvements, both internally and externally. Openness, transparency, democratization, and collaboration can be used to make your business a better place to work and create a better culture.

Be transparent

Encourage employees to provide candid feedback. Have a review process with frequent C-level updates on how the feedback is being acted upon. Asking questions and providing the means for open communication between employees and customers makes identifying issues and making improvements much easier. Be clear about company goals, financials, and how individual performance is measured. A great discussion of the trust that can be built by corporate transparency was hosted in this open thread...