Business Today

'Honesty Is the Best Corporate Policy'

Building a bond of trust between all stakeholders, be it employees, clients or investors, helps tide over crises and generate goodwill.

Being honest, transparent, and building trust with all stakeholders is the best corporate policy, and something that I have always followed. It helps the leader in difficult situations, and tackles those dark periods of uncertainty that loom over businesses from time to time. Much earlier in my career, I learnt that when honesty and transparency become a part of organisational culture, it becomes a disposition with a trickle down effect. Above all, it builds a bond of trust between all the stakeholders, be it employees, clients, vendors, partners or investors.

A leader is the custodian of an organisation. He should develop and nurture talent and position his team for success. I

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