Why your company needs financial literacy training for successful open-book management. Have you ever watched a preschooler try to read a book? My youngest child has “read” me books since she was two – using only the pictures to come up with a story that might fit. My eight year old can pick up the same book and read it word-for-word. I would love to say it is because he is a super-genius, but the only difference between the two kids is education – he is literate because he has been taught to read. In business, we have to learn to read as well, except we don’t get colorful picture books. We get boring financial statements with the occasional highlighted section.