The Best Incentive is Open Book Management

May 30, 2023 | Competition, Employees, Growth Tips, Leadership, Management, Peer Groups, Planning, Strategy

Landscape professionals are always asking me “What is the best incentive?”

While that answer depends on the company situation, the best overall incentive is to empower your employees with “trust” in the form of more information.

One of the best ways to do that is with Open Book Management.

Here is a link to my recent article in Landscape Management Magazine on this important topic.

How Open Book Management Leads to Uncommon Profit Growth

In this article, I share 9 must-do’s when rolling out open book management.

Plus I share how “gain sharing” can turbocharge your results.

After you read it, let me know what your experience has been with open book management? What has worked (and not worked) for you?

Remember, you get what you ask for:

  • Expect the best of everyone.
  • Treat your employees with respect and they will respect you.
  • Empower them like owners and your company will become unstoppable.

(Photo of Drost leadership)

One example of successful open book management is Drost, Petoskey, MI.

“Gain sharing” has dramatically boosted their profit each year; it’s amazing what they have achieved through consistent focus and open book sharing.

The magic of open book management is consistency and therefore constant never ending improvement. You Got This!

Regards, Jeffrey Scott

P.S. Bob Drost and his team have been members in our high impact peer group for years, and their entire company has benefited greatly. To see if our Leader’s Edge peer groups are right for you, go here to apply.