Analyze the ramifications of becoming a transparent organization. Organizational transparency represents a commitment to honest and open communication with all stakeholders, and can often be the hardest adjustment in any ethics policy. Trusting your employees enough to share your cost and revenue figures with them goes against most business school teachings. Similarly, presenting an honest picture of organizational performance in a detailed annual report can generate paranoia about proprietary information and the dangers of corporate espionage. However, carefully “wordsmithed” documents and carefully positioned press releases suggest you have something to hide, and if you have something to hide, how can you be trusted?