Understanding The Open Book Management Style

By Erika Rahman

Illustration of Carl the yeti laying in a hammock on a laptop with a plant next to him.

How to define open book management

image with text - Open book management is the process of engaging employees in and informing them about a company's wealth and financial growth.

What are open book management benefits?

How to implement an open book management style

1. Chat with employees

2. Connect with managers

image with text - Provide all team supervisors the information they need to lead open employee discussions about finances, cashflow, and more.

3. Implement an open door policy

4. Plug into internal socials

image with text - Listen to your employee’s questions about current finances, and answer them to the best of your ability.

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