Meaning of “open book management” in the English Dictionary


"open book management" in Business English

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open book managementnoun [ U ]

uk us 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)