Open Book Management

Open Book Management

Building a Sustainable Business

Over the past ten years, there’s been increasing support for sustainable agriculture in North America. While there’s a long way to go to get that approach to become an accepted day-to-day reality, many organizations are working in consciously and ecologically sound ways. Sustainability, though, exists in a broader sense, one that’s not limited to agriculture […]

Open Book Management

How to Get Open Book Management Going in Your Business

In prior installments in The Guide to Open Book Management posts, you learned what Open Book Management is, The Case for Open Book Management, whether Open Book is right for your business, the 3 Key Components of Open Book Management, and 5 Decisions to consider as you go Open Book. In this installment, the assumption […]

Open Book Management

5 Decisions to Make as You Implement Open Book Management

In prior installments in The Guide to Open Book Management posts, you learned what Open Book Management is, The Case for Open Book Management, whether Open Book is right for your business, and the 3 Key Components of Open Book Management. Next up, some decisions to consider before you launch Open Book Management. Given the […]

Open Book Management

The 3 Key Components of Open Book Management

In prior installments in The Guide to Open Book Management posts, you learned what Open Book Management is, The Case for Open Book Management, and if Open Book is right for your business. Next up, an overview of the key components of Open Book Management… Open Book Management is a system used to run the […]

Open Book Management

Is Open Book Management Right for My Business?

In Part I and Part II of The Guide to Open Book Management posts, you learned what Open Book Management is and Making Case for Open Book Management. Next up, helping you determine, is Open Book right for your business? In The Guide to Open Book Management, you’ve learned: 1. What is Open Book Management? […]

Open Book Management

Making the Case for Open Book Management

In Part II of our Guide to Open Book Management (you can read Part I to explore what Open Book is and where it came from here!), we invite you to consider why your business might want to consider Open Book Management (OBM) as a way to run the business. You’ll soon see that there’s […]

Open Book Management

Why Open Book Management is an excellent way to run a business!

Open Book Management is a business approach where a company shares its financial and key performance metrics so everyone in the organization takes responsibility for the effective operation of the business, financial and otherwise. Open Book is about all staff (or all employees) participating in running the business and working together to succeed. Read more […]

Open Book Management

Bottom Line Improvements Through Financial Training

If you were to ask your staff how much money your business makes each year, what would they say? I can tell you that when we first started asking our staff that question (about 15 years ago), we got answers that were all over the map — from figures that approximated our annual sales to […]

Open Book Management

Getting on to Good Profits

If bad profits are akin to strip mining, then good profits are like sustainable agriculture; they’re solid, rooted in shared values and win-win outcomes that have long-term gains for all involved. The customer has a great experience, the staff member enjoys serving them and feels good about what they’re selling, and the organization is building […]

Open Book Management

Beware of Bad Profits

Learning never stops. Sometimes it’s painful—learning that comes from working through difficult circumstances, making mistakes, exercising poor judgment, confronting bad luck or facing up to things we didn’t want to know about. At Zingerman’s, we’ve been learning a lot through what we have taken to calling the ZXI, or Zingerman’s Experience Indicator. (See sidebar on […]

Open Book Management

Ten Rules for Great Finance

At Zingerman’s, we first adopted the Open Book approach to finance in the mid-1990s.  We learned about it from reading the now classic book, The Great Game of Business, by Jack Stack and Bo Burlingham, as well as John Case’s Open-Book Management. The concept basically states that everyone in the organization—from hourly staff through to […]

Open Book Management

Ten Steps to Designing a Great Game

The first of this two-part series, Meaningful Games at Work, addressed why and how games can help grow your business. Part Two provides pointers on developing games appropriate for your business. While there’s no perfect formula for designing group games, here is a ten-step recipe that we use at Zingerman’s to get better results. The […]