Importance of Transparent Communication and the role of HR in adding Value to a Start-Up
Startups in India are a growing trend, with the country ranking third in the world for the number of startups. However, while India has a thriving startup ecosystem, it also faces its fair share of challenges. In this context, communication and transparency are even more critical for startups in India to succeed. Communication and transparency are essential elements of a healthy and positive corporate culture. When these two factors are missing, the outcomes can be detrimental to the organization's success. I have seen these two key components of corporate culture missing sometimes, especially in various startups in their growth phase. It starts from the recruitment and selection stage only when these two things are most important and crucial to instill a sense of confidence and ownership in the journey of a start-up company. These two elements are the foundation stone of any company and a tall, strong, and large building can not be made to stand for long if the foundation is weak ...