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 ...

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 ...

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 ...

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 ...

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 ...

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, ...

Since 1995, the senior managers at Hilcorp Energy Co. have held monthly meetings with employees to share how the company is faring and discuss how events such as the recent spill in the Gulf could ...

Michael Poma took a gamble when he opened his family business’ books to employees after he was handed the reins of the Rialto company in 1992. But any fears that workers at Poma Distributing Co. might ...

Sharing financial information with employees can produce dramatic results, according to Laura Lorber, a writer for The Wall Street Journal. When employees know how the business is performing and ...