Transparent
A business term that refers to openness, honesty, and clarity in communication, decision-making, and operations. It means being open and honest about the company’s financial and business activities, including goals, performance, and potential issues. Transparent companies are upfront and honest with customers, employees, and stakeholders, and they are willing to share information even when it is uncomfortable or difficult. A transparent company fosters trust, loyalty, and accountability, making it more attractive to customers, investors, and employees.
In business coaching, being transparent means being open and honest with clients about coaching methods, expectations, and outcomes. A coach might be transparent by clearly outlining their coaching process, including the steps involved, the time commitment required, and the expected outcomes. They might also be transparent about their fees and billing practices, ensuring that clients fully understand the cost of their coaching services. By being transparent, a coach can build trust with their clients and foster a positive coaching relationship.