Document Type

Closed Project

Publication Date

Fall 1995


Dundar Kocaoglu

Course Title

Management of Engineering & Technology

Course Number

EMGT 520


The principal goal of open-book management is to "create a business of business-people." Like TQM, reengineering, and building the learning organization, open-book management attempts to radically change the way business is done to drastically improve an organization's position. Unlike reengineering where the motivation comes from an inspiring leader, the power of open-book management comes from the employees motivate themselves by understanding the relationship between their actions and the company's financials. The company implementing open-book management is committing to teach its people to speak the language of business. Once they understand the language they can begin to contribute to the organizations mission, objectives, and goals.


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