WikiLeaks and its founder froth strong emotions, for sure. At the roots, it seems, is a classical paradox for business owning families.
WikiLeaks supporters argue that exposure trumps secrecy. Seen more as a paradox the roots of the polarity are transparency and privacy. Both, of course, have their value – and their downsides.
The transparency-privacy paradox is one of great relevance to business families:
– Building community goodwill and market brand through active PR risks a long tradition of family modesty;
– Financial transparency with employees and other stakeholders challenges the competitive benefits of being a private company;
– Proactively shaping public opinion can increase security risks for wealthy families.
We often frame this paradox as Public Faces and Private Lives. Can you get the best of both? What’s your experience?