Opening the Books And Motivating Workers
(Inc.) — CEOs of top workplaces cherish transparency. These companies aren’t just practitioners of open-book management. They are true believers. Open-book management, of course, is the practice of supplying employees with financial data and critical information, teaching them what it means, and turning them loose to influence and share in the company’s success. Although a tiny fraction of U.S. companies open their books to employees, 83 percent of the 2010 Top Small Company Workplaces do. Many base their practices on the open-book management bible, The Great Game of Business, by Jack Stack, though some introduce their own twists.
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