Would open book management work in your current or previous

Would open book management work in your current or previous place of employment, or organizational membership?

Why?

How would other employees react to this opportunity?

In what types of organizations would this work best?

What are some strategies to make OBM successful?

Solution

Open book management is a very innovative latest management school of thought were employees are considered as part of organisation rather than just hired person. They are providing all companys related information, about the net profit, balance sheet for the currenty year etc. The employees are put under participative environment where their feedback also has significant importance. All the re eigneering or redesign of model will be inforporated by employees input as well. In the last organisation open book management was a trial and it was there for fe months. Due to lack of transprency and inability to adapt with the changes management then change the way of open book management and make it as s neutral.

This work best in consulting organisation where people can discuss each other all time and their work is more of consulting in nature where keen observation and data related input have huge potential on the outcome. Thus they can adapt such changes in their management practice.

Strategies to make it successful are: