The Good Stream
Changing the nature of business for good
a management style that encourages employees to work for a company’s success by sharing information with them about all its operations and results
Cambridge Dictionary
Meaningfully linked to business purpose
Meaningful understanding
Meaningful time & learning
Meaningful context
Meaningful
Information
needs:
Not all information is useful or meaningful to all employees, so create a dialogue to find what is and build on that
Meaningful
Information
needs:
Not a data dump
Think like an owner
With limited or no context, you get limited or no understanding or usefulness
It's good for employees
Meaningful voice in the business
Creativity and innovation
Engagement in the business purpose
Job satisfaction and well-being
OBM fires up intrinsic motivation as everyone can see how they are helping to build the business
Not just a job
Can you do your best, most creative, and most meaningful work with limited knowledge of your business?
Watch out for information asymmetry
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A narrow role with limited inform-ation flow
Narrow potential for added benefit to the role & business purpose
Rest of the business opaque
Rest of the business opaque
A role with wide, contextual information flow
Maximised potential for added benefit to the role & business purpose
Rest of the business connected
Rest of the business connected
Employee trust & engagement is high
Gain invaluable feedback and build a high-trust workplace
Employees start thinking like an owner
Employee trust & engagement is high
It's good for business
More fun!
Better customer & stakeholder relationships
Better business resilience and agility
Better employee hiring & retention
Forbes
OBM good reads
Meaningful voice in the business
Thank you
Open Book Management
By The Good Stream
Open Book Management
Open Book Management or OBM has many benefits for employees, environment, society and governance. In this slide show we explore what OBM is, what it isn't, and how it works.
