DiscoverBy the BooksUsing Open Book Management to Build Trust in Your Organization
Using Open Book Management to Build Trust in Your Organization

Using Open Book Management to Build Trust in Your Organization

Update: 2022-11-03
Share

Description

In the age of the great resignation and quiet quitting, it’s important for businesses to find ways to engage employees and make them feel that they’re more part of a company than just an employee.

In this episode of By the Books, Lindsay is joined by Chris McKee, President at Venturity Financial Planners to discuss how implementing an Open Book Management System has changed his business and why other businesses should consider the same thing.

Often times companies don’t feel comfortable opening their books to those that work for them. However, by being honest, it can create an opportunity for employees to feel involved and that they can have a direct impact on the company’s bottom line. This becomes even more important as the economy takes a turn and employees become more paranoid about the status of their jobs and the company. Chris explains how Open Book Management helped his company retain employees and build trust with their team.

Chris talks about how his business took it a step further by offering an Employee Stock Ownership Program, and how this helped to drastically change the company’s profit margins.

Chris mentions the book: The Great Game of Business by Jack Stack.

If you’re interested in learning more about Chris, you can visit: venturity.net or email him at chris@venturity.net.

To reach Lindsay Kline, email info@sakline.com or visit sakline.com. You can also reach them at 866-266-5738.

Comments 
00:00
00:00
x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

Using Open Book Management to Build Trust in Your Organization

Using Open Book Management to Build Trust in Your Organization

Lindsay Kline