Publisher's Synopsis
Praise for The Power of Open–Book Management
"The Power of Open–Book Management is the essential guidebookfor every organization that wants all its associates to understandhow they make and lose money and that should be everyorganization." Jim Kouzes, coauthor of The LeadershipChallenge and Credibility Chairman and CEO, TPG/LearningSystems
"Enabling a large group of people in an organization to worktogether in a coordinated way requires that they share an image andunderstanding of the system of which they are a part. This bookoffers a clear and pragmatic approach for doing just that." Jeff Clanon, Executive Director MIT Center forOrganizational Learning
"The Power of Open–Book Management provides an answer to theage–old question: ′How can I get all my employees to act and thinklike owners?′ It is a must read for anyone interested in how wewill work in the future." Tom Corbo, CEO MANCO
"The Power of Open–Book Management offers a groundbreaking lookat the benefits of interweaving good management and leadershipwithin organizations." Larry Spears, Executive Director TheGreenleaf Center for Servant–Leadership Editor, Reflections onLeadership
"Before you open your books, open this one!" Rob Zicaro,Employee–Owner
Web Industries
"Widespread use of open–book management as described in thisbook is absolutely essential." Robert B. Rogers, Chairmanand CEO The Kauffman Foundation
Today′s most exciting new approach to increased employeeproductivity and superior financial results is open–book management(OBM). The unique, yet revolutionary, concept in this approach issimple: Teach employees the financial basics of business . . .trust them to make good decisions based on this knowledge . . .treat them as responsible stakeholders in the venture . . . andthey will make significant contributions to their company′ssuccess. In fact, once equipped with OBM know–how, they themselvescreate a sustainable competitive advantage a team ofbusiness–smart entrepreneurs.
In The Power of Open–Book Management, managers will find acomplete guide to understanding and implementing this compellingand innovative method of building, strengthening, and growing theirorganizations.
Beginning with a thorough overview of open–book management, thisengaging book describes the context from which OBM has emerged, whyit is so urgently needed, and how it works. Featuring examples ofcompanies like Sprint which have successfully implemented OBM, ThePower of Open–Book Management presents a practical, step–by–stepplan for bringing OBM into any organization, large or small. Theauthors cover all the essential areas: reward systems, involvementprocesses, communication, decision making, education, training,leadership, and accountability.
Special resources in the final section of the book describe waysof sustaining OBM and making its benefits a permanent part of thecompany culture.
Practical, comprehensive, and in many ways, inspirational, ThePower of Open–Book Management gives executives, managers, and teamleaders the tools for initiating a direct route to greaterprofitability and growth.
