View source for Open book management

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'''{{PAGENAME}}''' is "a system in which every employee, from the top managers down to the most junior guy on the factory floor, is walked through the detailed financial statements of the company on a regular basis".<ref>Case, J. (1996). Open-Book Management: Coming Business Revolution, The (Reprint edition). New York, NY: HarperBusiness. {{ISBN|0887308023}}</ref><ref>Stevenson S (2014). [http://www.slate.com/articles/business/psychology_of_management/2014/05/open_book_management_the_philosophy_that_lets_every_employee_look_at_the.html We Spent What on Paper Clips?]</ref><ref>Kidwell, R. E., & Scherer, P. M. (2001). Layoffs and Their Ethical Implications under Scientific Management, Quality Management and Open-Book Management. Journal of Business Ethics, 29(1–2), 113–124. {{doi|10.1023/A:1006455228312}}
</ref> The name was created in 1999<ref>Case J (1999). [https://www.inc.com/magazine/19900901/5332.html The Open-Book Managers: Why many CEOs are adopting open-book management styles.] Inc</ref>.

==Case studies==
Open book management was first used by John Stack at Springfield Remanufacturing Center Corporation in 1983<ref>Stack, J., & Burlingham, B. (2013). The Great Game of Business, Expanded and Updated: The Only Sensible Way to Run a Company (Revised, 20th Anniversary ed. edition). New York: Crown Business. {{ISBN|0385348339}}</ref>

Open book management is part of the corporate democracy approach of Semco<ref>Siehl, C., Killian, D., & Pérez, F. (1999). [https://hbr.org/product/ricardo-semler-and-semco-s-a/TB0199-PDF-ENG Ricardo Semler and Semco SA]. Thunderbird School of Global Management. Harvard Business Review Case.</ref><ref>Maddux, W. W., Williams, E., Swaab, R., & Betania, T. (2014). [https://hbr.org/product/ricardo-semler-a-revolutionary-model-of-leadership/INS517-PDF-ENG Ricardo Semler: A Revolutionary Model of Leadership].</ref>.

==Related concepts==
Complexity Leadership Theory, also called Complex systems leadership theory, was proposed in 2006 and focuses on information sharing.<ref>Lichtenstein, Benyamin B., et al. [http://works.bepress.com/benyamin_lichtenstein_umb/3/  "Complexity leadership theory: An interactive perspective on leading in complex adaptive systems."] (2006)</ref><ref>Uhl-Bien, Mary, Russ Marion, and Bill McKelvey. "Complexity leadership theory: Shifting leadership from the industrial age to the knowledge era." The leadership quarterly 18.4 (2007): 298-318. {{doi|10.1016/j.leaqua.2007.04.002}}</ref><ref>Hazy, James K., and Mary Uhl-Bien. "Changing the rules: The implications of complexity science for leadership research and practice." Oxford handbook of leadership and organizations (2013) {{doi|10.1093/oxfordhb/9780199755615.013.033}}</ref> Based on this theory, Hazy has proposed leadership skills similar to Anderson and McDaniel:<ref>Hazy, James K., and Mary Uhl-Bien. "Towards operationalizing complexity leadership: How generative, administrative and community-building leadership practices enact organizational outcomes." Leadership 11.1 (2015): 79-104. {{doi|10.1177/1742715013511483}}</ref>
# Generative
# Administrative
# Community-building
# Information gathering
# Information using

==References==
{{Reflist|2}}
[[Category:Needs content]]
[[Category:Needs overview]]

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