accountability

Related Terms
The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner. It also includes the responsibility for money or other entrusted property.

Use 'accountability' in a Sentence

Workers continued to show up late, take long breaks, and surf the internet during work hours because there was no accountability from management
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My boss asks for my sales goals at the beginning of every month but I can never quite reach them. I'm not worried ably my job though because our company has not accountability for sales goals.
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The billing department was experiencing worker performance issues so they developed new workplace procedures, to track worker performance and accountability to ones work.
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Notable Quotable

Why Uneffective CEOs Retain Jobs Longer than Subordinates
"The supreme irony of business management is that it is far easier for an inadequate CEO to keep his job than it is for an inadequate subordinate. A CEO who doesn't perform is frequently carried indefinitely. One reason is that performance standards for his job seldom exist. Another important, but seldom recognized, distinction between the boss and the foot soldier is that the CEO has no immediate superior whose performance is itself getting measured. Finally, relations between the Board and the CEO are expected to be congenial. At board meetings, criticism of the CEO's performance is often viewed as the social equivalent of belching. No such inhibitions restrain the office manager from critically evaluating the substandard typist."
- Warren Buffett