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The Power of Open-Book Management: Releasing the True Potential of People's Minds, Hearts, and Hands
 
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The Power of Open-Book Management: Releasing the True Potential of People's Minds, Hearts, and Hands [Paperback]

John P. Schuster (Author), Jill Carpenter (Author)

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Book Description

August 30, 1996
Praise for The Power of Open-Book Management

"The Power of Open-Book Management is the essential guidebook for every organization that wants all its associates to understand how they make and lose money--and that should be every organization." --Jim Kouzes, coauthor of The Leadership Challenge and Credibility Chairman and CEO, TPG/Learning Systems

"Enabling a large group of people in an organization to work together in a coordinated way requires that they share an image and understanding of the system of which they are a part. This book offers a clear and pragmatic approach for doing just that." --Jeff Clanon, Executive Director MIT Center for Organizational Learning

"The Power of Open-Book Management provides an answer to the age-old question: 'How can I get all my employees to act and think like owners?' It is a must read for anyone interested in how we will work in the future." --Tom Corbo, CEO MANCO

"The Power of Open-Book Management offers a groundbreaking look at the benefits of interweaving good management and leadership within organizations." --Larry Spears, Executive Director The Greenleaf Center for Servant-Leadership Editor, Reflections on Leadership

"Before you open your books, open this one!" --Rob Zicaro, Employee-Owner

Web Industries

"Widespread use of open-book management as described in this book is absolutely essential." --Robert B. Rogers, Chairman and CEO The Kauffman Foundation

Today's most exciting new approach to increased employee productivity and superior financial results is open-book management (OBM). The unique, yet revolutionary, concept in this approach is simple: Teach employees the financial basics of business . . . trust them to make good decisions based on this knowledge . . . treat them as responsible stakeholders in the venture . . . and they will make significant contributions to their company's success. In fact, once equipped with OBM know-how, they themselves create a sustainable competitive advantage--a team of business-smart entrepreneurs.

In The Power of Open-Book Management, managers will find a complete guide to understanding and implementing this compelling and innovative method of building, strengthening, and growing their organizations.

Beginning with a thorough overview of open-book management, this engaging book describes the context from which OBM has emerged, why it is so urgently needed, and how it works. Featuring examples of companies like Sprint which have successfully implemented OBM, The Power of Open-Book Management presents a practical, step-by-step plan for bringing OBM into any organization, large or small. The authors cover all the essential areas: reward systems, involvement processes, communication, decision making, education, training, leadership, and accountability.

Special resources in the final section of the book describe ways of sustaining OBM and making its benefits a permanent part of the company culture.

Practical, comprehensive, and in many ways, inspirational, The Power of Open-Book Management gives executives, managers, and team leaders the tools for initiating a direct route to greater profitability and growth.

Frequently Bought Together

The Power of Open-Book Management: Releasing the True Potential of People's Minds, Hearts, and Hands + The Open-Book Management Field Book + Open-Book Management: Coming Business Revolution, The
Price For All Three: $88.10

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  • The Open-Book Management Field Book $31.50

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Editorial Reviews

From the Publisher

Open Book Management is a vital technique for replacing distrust and tepid levels of commitment with mutual trust, empowerment and involvement. Contains essential advice from companies that have implemented this approach and made invaluable changes in such areas as financial and business know-how, closed-loop communications, reward, recognition and leadership.

From the Back Cover

Praise for The Power of Open-Book Management

"The Power of Open-Book Management is the essential guidebook for every organization that wants all its associates to understand how they make and lose money—and that should be every organization." —Jim Kouzes, coauthor of The Leadership Challenge and Credibility Chairman and CEO, TPG/Learning Systems

"Enabling a large group of people in an organization to work together in a coordinated way requires that they share an image and understanding of the system of which they are a part. This book offers a clear and pragmatic approach for doing just that." —Jeff Clanon, Executive Director MIT Center for Organizational Learning

"The Power of Open-Book Management provides an answer to the age-old question: 'How can I get all my employees to act and think like owners?' It is a must read for anyone interested in how we will work in the future." —Tom Corbo, CEO MANCO

"The Power of Open-Book Management offers a groundbreaking look at the benefits of interweaving good management and leadership within organizations." —Larry Spears, Executive Director The Greenleaf Center for Servant-Leadership Editor, Reflections on Leadership

"Before you open your books, open this one!" —Rob Zicaro, Employee-Owner

Web Industries

"Widespread use of open-book management as described in this book is absolutely essential." —Robert B. Rogers, Chairman and CEO The Kauffman Foundation

Today's most exciting new approach to increased employee productivity and superior financial results is open-book management (OBM). The unique, yet revolutionary, concept in this approach is simple: Teach employees the financial basics of business . . . trust them to make good decisions based on this knowledge . . . treat them as responsible stakeholders in the venture . . . and they will make significant contributions to their company's success. In fact, once equipped with OBM know-how, they themselves create a sustainable competitive advantage—a team of business-smart entrepreneurs.

In The Power of Open-Book Management, managers will find a complete guide to understanding and implementing this compelling and innovative method of building, strengthening, and growing their organizations.

Beginning with a thorough overview of open-book management, this engaging book describes the context from which OBM has emerged, why it is so urgently needed, and how it works. Featuring examples of companies like Sprint which have successfully implemented OBM, The Power of Open-Book Management presents a practical, step-by-step plan for bringing OBM into any organization, large or small. The authors cover all the essential areas: reward systems, involvement processes, communication, decision making, education, training, leadership, and accountability.

Special resources in the final section of the book describe ways of sustaining OBM and making its benefits a permanent part of the company culture.

Practical, comprehensive, and in many ways, inspirational, The Power of Open-Book Management gives executives, managers, and team leaders the tools for initiating a direct route to greater profitability and growth.


Product Details


More About the Author

John P. Schuster is an author, executive coach and mentor. He founded his business, The Schuster Kane Alliance, Inc., in the early 80's. He is a coach and mentor with Merryck and Co., the CEO mentoring firm located in the US, Europe and Australia. John serves as a faculty member for the coaching certification program at Columbia University. His company
pioneered the open-book management practices that tie to balanced
scorecard work, and he created the business simulation Profit and Cash®, now played by over 450,000 people.

Prior to starting his business, John was the Director of Human Resources for
the U.S. Environmental Protection Agency. He also taught English in the inner city in Chicago. John is the author of the several books, including The Power of Open-book Management, (John Wiley & Sons, published in 4 languages), and Answering Your Call: a Guide to Living Your Deepest Purpose ( Berrett-Koehler, published in 3 languages). He lives in Kansas City and Columbus and frequents both coasts.

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