For Subscribers

Why Transparency Creates a Clear Path to Success and How to Maintain It Collaborative partners openly share information. But what happens when one goes rogue?

By Gael O'Brien

Opinions expressed by Entrepreneur contributors are their own.

Shutterstock

Q: Partners and employees at my company are expected to pool contact information for clients and prospective clients in a database. We find that having information easily accessible maximizes partner relationships in making deals.

But some partners aren't cooperating. When my client needed confirmation of market data, I asked another partner for assistance. He confirmed the data analysis through a client he refused to name, leaving me -- and my client -- without a reference point. My partner's lack of transparency is unethical. But he's a rainmaker, and as our company's driving value is making money, other partners aren't concerned. What are my options?

A: Lack of transparency isn't the only problem here. It may be hard for other partners to see being disrespectful, evasive and withholding as a big deal when the firm is bringing in the dollars. The problem is that the incident you describe raises ethics issues that can poison the partnership and the firm's ability to sustain financial success.

Most horror stories about partnerships upended by ethics scandals started as fixable red flags that were left to fester. In your case, we're talking about ethical time bombs: how operating only out of competition blows out collaboration; how respect, fairness, accountability, trustworthiness and, yes, transparency, get kicked to the curb when money is the only business driver; and how rainmaker worship can turn nice guys into arrogant bullies.

Before leaping in, make sure you're confident about your motivation for tackling the problem. This will strengthen your credibility and, in turn, your partners' willingness to listen as you suggest that changes in the culture are beneficial to preserving the firm's success. You also need to figure out how you can get conversations going that encourage compliance with policies. While not all partners are equal in terms of shares or power, all are accountable to act in ways that create trust and preserve relationships as well as the firm's long-term success.

Like you, those who put their contact information into the database probably expected that everyone would benefit from collaboration and stronger business relationships. When some partners don't comply, face no consequences and still benefit from others' contacts, cynicism and resentment kick in.

Policies that are skewed to benefit or exempt rainmakers breed mistrust. And clients sense that. Your client wasn't given the information he needed and may interpret that to mean he isn't important or is working with the wrong partner. How is that helpful to the firm in the long run?

You also need to focus on what brought you together as partners. If there was a shared purpose -- like working together to be the best in your field -- making money is the result of fulfilling that purpose. This is different from money being the driver. Discussing your original purpose can be a starting point for a chat with your partners. 

Gael O'Brien

The Ethics Coach

Gael O'Brien is publisher of The Week In Ethics and founder of coaching/consulting firm Strategic Opportunities Group. Do you have an ethical dilemma? Write to The Ethics Coach at ethics@entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

United Airlines Says It Is Adding Extra Flights in Case Spirit 'Suddenly Goes Out of Business'

Rival airlines, including United and Frontier, are adding new routes as Spirit cuts 12 cities from its schedule.

Leadership

7 Steps to De-Risking Big Business Decisions Before They Backfire

When the stakes are high, these seven steps can help you avoid costly mistakes, eliminate bias and make smarter decisions that actually scale.

Leadership

The Difference Between Entrepreneurs Who Survive Crises and Those Who Don't

In a business world accelerated by AI, visibility alone is fragile. Here's how strategic silence and consistency can turn reputation into your most powerful asset.

Employee Experience & Recruiting

Here's the Real Reason Your Employees Are Checked Out — And the Missing Link That Could Fix It

Most disengaged employees aren't exhausted — they're disconnected, and storytelling may be the key to rebuilding that connection.

Leadership

Can Startup Founders Become Great CEOs? Here's What It Takes.

Startup founders CAN evolve into outstanding CEOs — rather than being replaced by them. Here's how.