Items Tagged with 'open-book management'


Wider World of Business

6 Tips for Reading an Income Statement

Our very first consulting client was a home health-care business. As part of our initial analysis, we asked to see financial statements, and the owner handed us a three-ring binder containing monthly financials — meaning an income statement, balance sheet and cashflow projections.
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Growing the Business Through Financial Literacy

Jenner Ag plays the Great Game of Business and practices open book management to move the business forward, while also providing its employees with a financial education.
Jenner Ag has always practiced open book management — sharing the company financials with the management team. But in 2011, Steve Jones, president of the Case IH dealership, decided to take it one step further and started playing the Great Game of Business after meeting Jack Stack, founder of the game and founder, president and CEO of SRC Holdings Corp., at a business leaders’ meeting in town.
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