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Carregando... Open-Book Management: The Coming Business Revolutionde John Case
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"Companies are in business to make money. The paycheck of every employee depends on a company's success. But typically, only a few top managers see, understand, and base their actions on the numbers - the financials - that show how the business is faring. Everyone else is just supposed to do as they're told." "Does this make sense? Maybe it did once, argues John Case in this pivotal new book. But in today's competitive and fast-changing marketplace, successful businesses need employees who work smart as well as hard. They need employees who understand how the company makes money and how they themselves can contribute to the bottom line." "The key: open-book management. Open-book management is the business revolution that's the logical culmination of TQM, reengineering, teams, and most other management innovations of the past two decades. As companies all over the country are discovering, it gets everyone on the payroll focused on business success. It provides the ingredient - one practitioner calls it the "want-to" - that's been missing from every other how-to approach." "Step by step, John Case lays out the logic and the basic ideas of open-book management. He shows how it works in dozens of different companies, from big manufacturers, such as Chesapeake Packaging, to tiny service companies, such as Phelps County Bank. He describes the experience of open-book pioneers - including world-renowned Springfield ReManufacturing Corp., with its "Great Game of Business" - and recent converts, such as Sprint's Government Systems Division."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved Não foram encontradas descrições de bibliotecas. |
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Google Books — Carregando... GênerosClassificação decimal de Dewey (CDD)658.3152Technology Management and auxiliary services Management Of Personnel Elements of personnel management Employer-employee relationshipsClassificação da Biblioteca do Congresso dos E.U.A. (LCC)AvaliaçãoMédia:
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Open-Book Management (OBM) system is broken down into four principles that need to be established in a company’s culture so that it reaps the fruits of this system:
1. Get financial and operational information out to all in the company,
2. Business literacy; train people to understand and use the information,
3. Empowerment with brains; hold people responsible and accountable for their decisions, and
4. Give people a stake in the company’s success (or failure).
The book presents numerous case studies on the success of OBM for companies, some of which are amongst Fortune 500, in addition to testimonies of many executives on the positive change that had affected their companies’ bottom lines after applying the OBM.
Although it varies in implementation depending on the complexities of different industries, I feel that OBM is able to transform how employees perceive their value in their workplace. Consequently, if perception of self-value moves in the right direction, employees will think as businesspeople not as hired hands. As Richard Branson says: “Take care of your employees, and they’ll take care of your business”!
I recommend the book for any executive or C-level person facing problems with employees engagement at work, and, more importantly, struggling with red lines in his financial statements. ( )