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OBM means that a company will share financial and other information with all employees, educate them to become more knowledgeable in the business world, authorize them to use the information in the daily job and developing a trust with each one, as well as rewarding them when the company becomes successful (Barton 1999). This paper will discuss both sides of the still skeptical issue of open book management.
Many business owners have determined that the “management and labor” title for separation of employees limits productivity and that change is necessary (Case 2002). Companies who have opened their books will more likely be rewarded with greater productivity...
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