"Transparency and Trust"

In an interview with Jack Dorsey (co-founder of Twitter and Square), his approach to organising his company is explained:

"Key to the success of this organization is transparency and trust. Dorsey is insistent that everyone who works for him knows what the company is up to and why it's doing it. So he instituted an astonishing rule at Square: At every meeting involving more than two people, someone must take notes - and send them to the entire staff.

"It doesn't matter what the meeting is about: bug fixes, new partnerships, pending contracts, a new launch, important metrics. Everyone hears about them. Dorsey says he often gets 30 to 40 meeting notes every day. He filters them in his inbox and reads them through on his iPhone when he gets home at night.

"More incredible is that with such massive scads of sensitive information circulating to the 400-plus people at Square, not a single item has surfaced on the Web."

I wonder how a similar approach would work in schools?