The Open-Book Management Movement

The Open-Book Management Movement is a business approach that involves sharing a company's financial information—like profits, costs, and sales—with employees. The goal is to foster transparency and empower staff by helping them understand how their work impacts the company’s success. When employees have access to this information, they can make better decisions, feel more invested, and work collaboratively toward common goals. This method promotes a sense of ownership and accountability, aligning individual efforts with the organization’s overall performance, ultimately aiming to improve productivity, morale, and business results.