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Open Book Management and the Scanlon Plan |
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OpenBook Management and the Scanlon Plan"While many individual companies are now taking the values-and-vision approach, one group of companies is worth mentioning because they have maintained....open-book management for many years. The Scanlon companies are a federation of organizations that pioneered employee involvement processes long before it dawned on the rest of the business world." Schuster, Carpenter, KaneThe Power of Open-Book Management
Scanlon Contribution to Open-Book ManagementThe first Scanlon Principle Identity means that everyone must understand reality. Dr. Carl Frost would ask people "What Day is It?" By asking this question he wanted to know if people understood what was going on. Scanlon organizations pioneered the wide sharing of financial, and performance data. Scanlon organizations invest a great deal in teaching business literacy and communicating business results (see Biz-Wiz Training Materials in our store). Open-Book Management is a term coined by John Case of Inc. Magazine. Another leader in the movement to open the books to ordinary employees is Jack Stack author of "The Great Game of Business."
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