Open Book Management – Pros and Cons, Transparency & Accountability

Chartered Management Institute

Consider motivating employees by implementing Open Book Management (OBM). Struggling with unmotivated employees? Wish employees felt more invested in company goals? Related Content: How do you select the right coach? You already work in sales Succeeding in your first job in the Defence Sector Creating a learning and development culture What is the best approach for improving ethical behaviour in business? You are not watching this post, click to start watching.

On Conan Doyle: A book review by Bob Morris

First Friday Book Synopsis

On Conan Doyle: Or, The Whole Art of Storytelling Michael Dirda Princeton University Press (2012) Welcome to “a romantic chamber of the heart, in a nostalgic country of the mind, where it is always 1895″ Since childhood, I have cherished books as “magic carpets” by which to visit human experiences that would not have otherwise […].

Books 109

The huge impact that a small liberal arts college can have

First Friday Book Synopsis

Beloit College Book by Book Bound to Please Charles G. Princeton’s Writers on Writers series John Frederick Oberlin Marilynne Robinson Michael Dirda Midnight Rising: John Brown and the Raid that Sparked the Civil War National Book Festival weekend On Conan Doyle Phi Beta Kappa Society the 1858 “Wellington Rescue” An Open Book Readings The American Scholar The huge impact a small liberal arts college can have Tony Horwitz When I Was a Child I Read Books Yale University

When Books Went to War – 120 Million Books, Needy Soldiers and Sailors, All Remind Us Why Books Can Matter

First Friday Book Synopsis

Whenever a soldier needed an escape, the antidote to anxiety, relief from boredom, a bit of laughter, inspiration, or hope, he cracked open book and drank int eh words that would transform him elsewhere. Every soldier and sailor abided by a strict policy of swapping and exchanging books, no matter how worn.

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You can be an outstanding Professional Manager

Chartered Management Institute

Related Content: Decision Making and Overcoming Indecisiveness Open Book Management – Pros and Cons, Transparency & Accountability The Power of No.w. 500 million users on Facebook, CMI is too!! Video marketing spend to increase by 50%. You are not watching this post, click to start watching. business skills chartered manager management coaching management skills managing time professional manager project management

First Paragraph

Execupundit

From An Open Book by John HustonFor the better part of the last five years I have been living in Puerto Vallarta, Jalisco, Mexico. When I first came here, almost thirty years ago, Vallarta was a fishing village of some two thousand souls. There was only one road to the outside world - and it was impassable during the rainy season. I arrived in a small plane, and we had to buzz the cattle off a field outside town before setting down.

Hotels 130

To motivate or to inspire?

Chartered Management Institute

Related Content: Employee empowerment and motivation are board level (strategic) issues Open Book Management – Pros and Cons, Transparency & Accountability To what extent does your organisation value Authentic Leadership? Meet Julian Birkinshaw CMI Management Book of the Year entrant. Important principles on how to inspire your people and keep them interested and engaged at work, the difference between inspiration and motivation and where money fits in to the picture.

Day 2 of Compassion Ecuador Trip

Ron Edmondson

It’s an open book. Day 2 of visiting Compassion Projects in Ecuador was my favorite so far, and it happened because of one little boy. He’s one of the boys in this picture. When I went to take his picture he asked if his “best friends&# could be in the picture too.

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10 Principles For Developing Strategic Leaders

Tanveer Naseer

Be honest and open about information Transparency fosters conversation about the meaning of information and the improvement of everyday practices. The following is a guest piece by Jessica Leitch, David Lancefield, and Mark Dawson.

Why are there so few women on top in Corporate Britain?

Chartered Management Institute

Related Content: Open Book Management – Pros and Cons, Transparency & Accountability Lack of skills stopping women reaching the boardroom. An alternative perspective on why there are so few women in senior positions in the UK. There are 5 major reasons: 1. Lack of self belief. Women dislike promoting themselves. Lack of strategic thinking and political awareness at work. Need to be "liked". Few role models.

5 Leadership Lessons: Tim Elmore’s Generation iY

Leading Blog

Generation iY is an eye-opening book. This is an important book for parents and other adults that lead them. Generation iY are the younger Millennials born after 1990. Their world has been defined by technology and shaped by the Internet— iPod, iBook, iPhone, iChat, iMovie, iPad, and iTunes—and for many of them, life is pretty much about "I," says Tim Elmore in Generation iY.

What Are You Feeding Your Brain?

Your Voice of Encouragement

That’s what I felt like doing after reading David Perlmutter’s eye-opening book, Grain Brain: The Surprising Truth about Wheat, Carbs, and Sugar – Your Brain’s Silent Killer s.

Book Review: Resurrecting the Street

Managing Leadership

Please keep this idea in mind as you read this excellent, eye-opening book, “ Resurrecting the Street.” Perhaps more surprised at such realizations than will be you upon reading of them were the people who are the subjects of this book, who suddenly understood what their work meant to society, even to the world, and who then simply, grimly, irresistibly, turned to it. That is the great lesson of this wonderful book, and one well told.

Review 135

Decision Making and Overcoming Indecisiveness

Chartered Management Institute

Related Content: A free book Open Book Management – Pros and Cons, Transparency & Accountability To what extent does your organisation value Authentic Leadership? “The greatest barrier to success is the fear of failure.” - Sven Goran Eriksson. We make thousands of decisions every day.

Employee empowerment and motivation are board level (strategic) issues

Chartered Management Institute

Related Content: Open Book Management – Pros and Cons, Transparency & Accountability Basic Gap Analysis Using Creativity During SWOT Analysis Can you force innovation? In the challenging business environment of 2011, it will be even more important for a success of any organisation to find a way how to motivate its employees to release their full potentials.

SWOT 45

Eating, Drinking, and a Real Life.

Chartered Management Institute

Related Content: Decision Making and Overcoming Indecisiveness Open Book Management – Pros and Cons, Transparency & Accountability The #26th March Creating a learning and development culture Large organizations to have own coaching departments in near future. This is my first Blog with CMI, and I am grateful for the opportunity to reach out. My business is management, and mostly management with a specific purpose or field.

Book Review: Resurrecting the Street

Managing Leadership

Please keep this idea in mind as you read this excellent, eye-opening book, “ Resurrecting the Street.” Perhaps more surprised at such realizations than will be you upon reading of them were the people who are the subjects of this book, who suddenly understood what their work meant to society, even to the world, and who then simply, grimly, irresistibly, turned to it. That is the great lesson of this wonderful book, and one well told.

Review 100

How choking on spinach and the struggle to lead successful organizational change are similar

Anese Cavanaugh

Speaking of Ari, Zingerman’s, leadership, and organizational change, Zingerman’s ZingTrain has a couple of really great seminars that you ought to check out if you’re serious about creating positive organizational change in your company, becoming a “small giant”, getting better at training, engaging your organization in “open book finance” and many other things.

My First Date Was A Phone Interview

Strategy Driven

A phone interview is a lot like an open-book test – you can have all your information (resume, cover letters, etc.) Looking for a new career? Your phone interviewing skills could be the deciding factor in getting a live interview. The phone interview is KEY to your job campaign success. Think of the phone interview as a first date. Going out for an ice cream is a great first date: cheap, easy and noncommittal. The Essential Phone Interview Handbook by Paul Bailo.

How to Create Remarkable Teams PART 2 – Collaboration

The Atman Group

The benefit of this kind of team activity, is the opening of one’s mind, and shared creative stimulus, which fosters innovation. Openness – willingness to explore and to change. Daniel Goleman used the term in his book Ecological Intelligence.

Team 62

Are The Best Leaders the Most Vulnerable?

C-Level Strategies

If vulnerability is defined as, “capable of being physically or emotionally wounded or hurt, “and “open to temptation or persuasion,&# then would you define Moses, Jesus, Ghandi and Martin Luther King, Jr.

Mayo 278

Treat Employees Like Business Owners

Harvard Business Review

” Tool #2 goes by different names: open-book management, economic transparency, ownership culture. At open-book companies, it’s part of everyone’s job to contribute to the success of the business.

ESOP 16

A Winning Culture Keeps Score

Harvard Business Review

That’s what they get when they work for companies that practice open-book management. Eventually the company took an open-book approach, changing everyone’s key number to production profit, or production revenue (tons multiplied by price per ton) minus maintenance costs.

Share Your Financials to Engage Employees

Harvard Business Review

It’s an open-book approach: people begin to watch these indicators. branches to pilot open-book methods of building engagement and improving performance. We’ve witnessed similar results at many other companies that follow the open-book path to engagement. Most open-book companies tie incentive compensation to improvement in the key financial numbers, so employees see a payoff as well.

Project Managers Should Share Their Stress

Harvard Business Review

Instead, try an open-book system: Every week, put key numbers for each project on a whiteboard to discuss at a regular team meeting. That''s the chief virtue of the open-book approach. The series draws on advice from their book Project Management for Profit.

How Are You Perceived at Work? Here’s an Exercise to Find Out

Harvard Business Review

My client was suffering from what psychologists call the transparency illusion — the belief that we’re all open books and that what we intend is what people see. Depending on the person, you’ll hear responses ranging from eye-opening and helpful to vague and confusing. He adjusted his style in meetings to ask open-ended questions to make clear he was interested in understanding the other person’s position. Tom Kolossa/EyeEm/Getty Images.

The More You Energize Your Coworkers, the Better Everyone Performs

Harvard Business Review

After dinner, CEO and co-founder Ari Weinzweig or one his managing partners will present on a particular topic, such as visioning, open book management, or the natural laws of business. Marion Barraud for HBR. How much energy do you have at work? Do you feel invigorated and engaged or down and disengaged? Either way, the reason might be your coworkers: They are infecting you with their energy, positive or negative.

What Matters About Mozilla: Employees Led the Coup

Harvard Business Review

Whether you view his resignation as a form of mob rule that stifles free speech or as a necessary outcome for a mission-driven open-source organization that must maintain the goodwill of employees , one thing is clear: we are going to be seeing a lot more of this. Consider the unbidden “Starbucks Appreciation Day” rallies by gun-toting supporters of open carry last August, for example, or apps that make it easier to boycott target companies such as Koch Industries.

CEO 8

The Trouble with Mary Chen

Harvard Business Review

In an open-book exam, I had criticized the textbook we were using, arguing from my personal experience in China that some of its principles were not universally applicable. Three days later, the author himself called me to ask for a fuller critique of the book, which to my amazement was then incorporated as a chapter in the book under my byline. Chinese managers and owners in Chinese-owned businesses play by the same rules.

Battle Scope Creep in Your Projects

Harvard Business Review

An open-book approach to project management doesn''t eliminate the challenges of scope creep, but it can mitigate them. The series draws on advice from their book Project Management for Profit. Every project manager has one key role to play: scope cop. But it''s a job you can''t do in isolation.

When to Share Sensitive Information with Your Team

Harvard Business Review

Some tend to keep things quiet, while others are more of an open book. Openness builds your credibility, which Useem describes as "cash in your account." Being the boss means you are often privy to information that your team isn't. You may learn that a major client is unhappy with your service, or that senior leaders are considering outsourcing your team's work. At these moments, it's easy to feel stuck between your bosses and the people you manage.

Case Study: When Should A Rising Star Make Her Pregnancy Public?

Harvard Business Review

Well, you know me, I'm an open book, even at the office. Editor's Note: This fictionalized case study will appear in a forthcoming issue of Harvard Business Review, along with commentary from experts and readers. If you'd like your comment to be considered for publication, please be sure to include your full name, company or university affiliation, and email address. Anything for you?" the waiter asked Betsy Sugarman. She and Zach exchanged glances. "No,