Specifically, Randy Haran, CEO of Texas Air Composites, gets cited, for his company’s use of open-books management.
What open-books management means is that, you train your employees in the basics of finance and accounting and — your books are open to them. Talk about business transparency. And, in today’s day and age, I’m sure it’s a method of boosting employee involvement.
So, read the full story to learn more and see if it might fit your business.
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