The other day, Bill told John a story about a coaching engagement he had embarked on some years ago. “It was with a large media company,” he said. “The company’s executives were convinced that they ...
That lightning promises better financial results, repeat and referral business, increased employee engagement, and higher value to investors. But for every company that has enjoyed the benefits of OBM ...
As more employees and business leaders reject antiquated and ineffective Command and Control leadership models, a growing number of organizations are adopting collaborative open management models in ...
When I tell business owners we practice Open Book Management, some ask, "Aren't you afraid to share your financial data with your employees?" In a word, no. Here's why. Open Book Management does ...
Have you heard of open-book management? It is an idea made famous by Jack Stack and outlined in his book “The Great Game of Business.” The overall idea is, once team members understand the rules, are ...
Many of us in manufacturing know that finding and retaining talent for our warehouses and plants is not always easy. COVID-19’s impact on the workforce, along with advances in automation, have ...
With our compensation tied to the financial results of the businesses we coached, we were always looking to improve results. We spent years refining the management approach, learning to focus more on ...
We have good, talented people and open-book management either becomes part of the corporate culture for that employee or they leave. It is certainly part of our culture. There was a concern in our ...
Your company is in business to make money. Open-book management is a system that teaches managers and employees how to keep track and win the game of business. In sports, everyone knows the score, ...
Employees who understand and have access to all the key financial information that makes a business tick will be more invested in the company's success and more productive in their jobs. That's the ...
This is the unconventional idea that firms are most effective if their accounts are left open for all their employees to see as and when they wish, at the same time as the employees are taught to ...
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