As some of you may know I am in the process of completing a micro mba course, one of my assignments is regarding the open book management system - basically business owners 'open' their financial statements to their employees and consult with them on business decisions.
Apparently this system is popular in the UK and EU and has been for at least 15 years.
A number of Japanese companies - Sanyo, Sony, Nissan, Sharp have been doing this for ages as well, with a fair amount of success.
Have any of you heard of, or even practiced this - and if so, what are your views (negative or positive).
Much obliged for any feedback.