Exchanging Knowledge Has No Downside

Portrait of investment advisor businesswoman sitting at office in front of computer and consulting with young professional man.Welcome to the business version of “sharing is caring.”

By Steven E. Sacks
The NEW Fundamentals

Some people believe that knowledge is power, and the more of it they hoard the more power accrues to them. Regardless of what level you are in your organization, the more open communication you encourage, the better you and your company will perform.

MORE: Take That Extra Breath with Email | Is Your Message Open to Interpretation? | Why Proper Communication Is Critical | How to Create Effective Internal Communications | How to Select Your Firm’s Board | Trust Is a Key Organizational Ingredient | Real Influence Vs. Immediate Gratification | 4 Ways to Boost Job Satisfaction | Retention Starts with the Hiring Interview
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

I have found in many work environments that what results from the perceived “power trip” someone derives from keeping things “close to the vest” is more backbiting and a greater misalignment of strategies.