CEO Mel Price Talks About Workplace Transparency with Inform Magazine

Workplace transparency has been central to WPA’s operations since the firm’s founding in 2010. In a recent interview with William Richards for an article about “radical transparency” for Inform Magazine, CEO Mel Price discusses why the firm adopted an open books policy early on, how that decision has shaped the business and whether she and founding partner Thom White have any regrets. Richards writes: 

“Back then [in 2010], the economy was shaky and the recovery from the Great Recession was slow-going. It maybe wasn’t an ideal time to try something radical when it came to company finances, but in that moment of uncertainty it was critical to create a culture of trust,” says Price about WPA’s founding.

Today? The firm’s approach to openness appears to be both prescient and also sustainable. 

“The recent business climate hasn’t changed our approach to transparency at all and I really can’t imagine any economic situation that would,” she says. “I think the kind of trust between staff and management that true transparency creates is critical in the current moment as well. I can’t say if transparency is right for every firm all the time. But I do believe that if more firms tried, they would see what we have seen and they wouldn’t go back.”

Read the full Inform Magazine article here.