Open Book Management (OBM) is a lot more than you may think. You may wonder if it something that you can do … and will it work. Yes it can!
OBM is a unique methodology and approach to running a company. It is based on a simple, yet powerful belief, “When employees think, act and feel like owners….everybody wins.” This thoroughly tested operating system (as explained in Jack Stack’s bestselling book, The Great Game of Business) teaches your people the fundamentals of business, involves them at levels they may never have been involved before, holds them accountable and provides them a stake in the outcome.
In this session, you will be involved in exploring the following topics:
Know & Teach the Rules
Assessing your organization’s financial literacy level.
Using financial training bites to engage your team
Establishing a Critical Number
Provide a Stake in the Outcome including Bonus Plan design in OBM and MiniGames as incentives