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

ul-link

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.

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