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English definition of “open book management”

open book management

noun [U]
 
 
( abbreviation OBM) HR, WORKPLACE, MANAGEMENT
a management style that encourages employees to work for a company’s success by sharing information with them about all its operations and results: During his career at the company, he converted the firm to open book management.
(Definition of open book management from the Cambridge Business English Dictionary © Cambridge University Press)
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