For the last 28 years, a community of “game changers” have gathered together from around the world to learn, share, and celebrate the principles and practices of The Great Game of Business management operating system at the world’s largest conference on open-book management. For the last three years, I have been one of them as a speaker and attendee.
Open-book management (OBM) is a business leadership strategy that leverages the power of sharing financial information with your employees. The Great Game of Business model takes it a step further by making it a fun and engaging learning experience for the entire team. In my experience that it is not enough to share financials, you need to provide people the tools and education to build financial literacy. Providing employees knowledge of how their work can directly impact the business is very powerful. For Red Caffeine, an added benefit is our team can use that financial acumen to think about our client's businesses and their household finances.
How does it help you with growth?
- It empowers your team with the right information to make good decisions on how to manage expenses
- It connects the activities employees do every day to a business metric
- It provides a regular touchpoint to share how the business is performing leaving no assumptions
- Everyone wins when the business is doing well
Sound intriguing? Join me at the 2020 Conference in September. I will be sharing more about my Great Game of Business Experiences on Thursday, September 10th during a breakout session. If you can't wait connect with me directly!