“Alright, stop. Collaborate and listen.” - Robert Van Winkle Amy’s Ice Creams is back with a brand-new invention. As open-book management businesses, we know that when we harness the wisdom of our team, stick to an empowering vision, and measure progress, no problem is too hard to solve. But ask yourself this, “what problems should your team focus on?” There is a plethora for company leadership to choose from, but sometimes the right issue is hard to find.
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Co-authored by Mark Banks Do either of these two scenarios sound like your company? The hard-earned time, energy and money that went into creating a work culture for performance is starting to fall apart. The new implementation of open-book management isn’t gaining any traction. If either of these sounds familiar, you may be suffering from the number one open-book management culture killer: lack of trust.
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Co-authored by Mark Banks If there is one thing I’ve learned in an open-book business it’s that it takes the right attitude to succeed. Recruiting the right players can make or break your team’s performance. Often times when we look to hire folks into our organization or promote from within, we simply look at their skill set, but I believe we must challenge ourselves to look at their attitude.
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Teaching employees how to read financial statements can be a daunting task. Everyone in your company has different levels of knowledge and experience with the numbers. It can be especially difficult when you have a seasonal workforce, like we do at Amy’s Ice Creams. We’ve been practicing open-book management since 2007; through the years, we’ve found that our favorite game shows have inspired us to make financial literacy training creative and fun.
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