OPEN BOOK MANAGEMENT

Key Elements

* Provide employees and key contributors with all the information they need to help the business be successful

Financial data

Profit data

Performance data

Cost of goods/services sold, etc.

* Train these good people how to use and understand this information

* Give these people responsibility for the numbers under their control.

* Provide these people with a financial stake in how the company performs.

Resources:

http://en.wikipedia.org/wiki/Open_Book_Management

The Human Equation (book)

Fast Company Magazine (February, 2007 issue, page 112)

For More Info

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Lalita Amos

http://www.TotalTeamSolutions.com/podcast/podcasting.htm

http://totalteam.blogspot.com

214 615 6505, 3895 for questions or comments