Open Management is having no secret among employees in a business environment.
Like having everyone's salary and benefits public within the Intranet.
Posting meeting transcripts online.
Discussing project, management, finance policy on Wiki.
What do you think?
Regards
Mian
is Open Management the way to go?
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Wouldn't letting people know how much you are paid puts pressure on you because if you do a bad job, others will think that you are not worth the pay?
Like a V.P. getting $300k a year salary but did not deliver what was promised then he/she is fired with a severence pay that was pre-determine upon hire.
Wouldn't YOU in the make it happen departments that make substantially less as compare, want a say in the beginning?
On the note of Finance.... the many eyeball theory would defiintely apply in spotting signs of company mismanagement and catch it before it is too late. It is easier to fix a small error then a big one, since most people would cover up the big ones. Would be nice to see the overall financial health of the company too.
Regards
Mian
Like a V.P. getting $300k a year salary but did not deliver what was promised then he/she is fired with a severence pay that was pre-determine upon hire.
Wouldn't YOU in the make it happen departments that make substantially less as compare, want a say in the beginning?
On the note of Finance.... the many eyeball theory would defiintely apply in spotting signs of company mismanagement and catch it before it is too late. It is easier to fix a small error then a big one, since most people would cover up the big ones. Would be nice to see the overall financial health of the company too.
Regards
Mian
> Like having everyone's salary and benefits public within the Intranet.
I don't see how this benefits anyone in anyway, and I do see this as a privacy compromise, so I'd veto that type of policy.
> Posting meeting transcripts online.
Potential security risk there, but if the network for the intranet is rock solid and maintained by very good IT guys, then sure it's a good idea for senior staff.
> Discussing project, management, finance policy on Wiki.
I don't see how this benefits anyone in anyway, and I do see this as a privacy compromise, so I'd veto that type of policy.
> Posting meeting transcripts online.
Potential security risk there, but if the network for the intranet is rock solid and maintained by very good IT guys, then sure it's a good idea for senior staff.
> Discussing project, management, finance policy on Wiki.
Well I believe mismanagement is a thing that occurs during the execution of policies, rather than within the policies themselves (in the majority of cases anyway). So I'd rather have Executives maintain the policies, and simply ask for suggestions for improvement on policy execution and the policies themselves, rather than having an open forum amoung the staff for policy change.the many eyeball theory would defiintely apply in spotting signs of company mismanagement and catch it before it is too late.
>What do you think is the best way for any business to foster a tighter employee involvement and collaboration?
I'd say meetings that are an open fourm for policy suggestions between the staff (with one or two senior staff present) that guarantee employees impunity for their opinions about the current policies (ie. barred from being fired).
I've heard of this type of system being put into place in various businesses around the globe, so I'm not just being an idealist.
I'd say meetings that are an open fourm for policy suggestions between the staff (with one or two senior staff present) that guarantee employees impunity for their opinions about the current policies (ie. barred from being fired).
I've heard of this type of system being put into place in various businesses around the globe, so I'm not just being an idealist.