How To Create a Culture of Open-Book Management

Leadership guru Jim Paluch tells how leading companies share key financial information to drive performance.

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There are three keys owners need to recognize and help implement:

  1. Develop trust between employees and management/owners
  2. Create awareness among employees so they know where all of that revenue goes which they're helping to generate.
  3. Provide the tools so they understand where they stand and how they can improve.