What are the "critical numbers" on "Open Book" management?
May 14, 2010 11:11 AM Subscribe
What's it like to work in or own a business that uses the "open book" financial management system?
posted by webhund to Work & Money (2 answers total) 5 users marked this as a favorite
A few years ago, the "open book management
"/"critical number" approach was being touted as the next-best thing du jour. It achieved considerable press, primarily through a book called "The Great Game of Business." There are lots of articles and websites trumpeting this approach (well-known Zingerman
's in Ann Arbor, Michigan, for example), but not finding much written from a more detached, objective viewpoint or by people who have actually worked in a business that used this system.
Anyone ever own, manage, or work in an "open book" business? What's it like? Did you notice a difference? Did it "feel" different to you than other places you've worked?
Pony Question: If anyone's ever taken the Zingerman's "Fun Flavorful Finance" / Open Book Management course, what was your experience like? Is it worth the time and cost?