According to two studies, companies or teams or groups where the leader of the group is fair and honest will perform better than teams where the that is not seen as accurate.
This is kind of a "duh" study, but it revalidates one of our core values (and my favorite one): We are fair, honest, and open.
(By the way, we worked on Eurekalert back in the 90's. Neat site.)
From http://www.eurekalert.org/pub_releases/2009-03/ncsu-sst031709.php
:
This evaluation included questions as to
whether team members felt their leader was honest, kind and considered
the viewpoints of team members. Bohlmann says the results of the study
show that if a team's leader was perceived as "basically being a nice
guy," then "team members showed a significant increase in commitment to
the team's success and to the project they were working on."
Interpretations of the press release:
http://www.dailymail.co.uk/news/article-1163065/Sorry-Sir-Alan-nice-guy-bosses-staff.html
http://www.mgt.ncsu.edu/index-exp.php/news/article/studies-show-nice-guys-finish-first-in-business/
And if you really want to read the paper:http://www.ilir.uiuc.edu/rupp-papers/QiuQuallsRuppJPIMinpress.pdf