Open Information

 
 

Open-book Management

 
 

IndustryWeek Best Plants winners and finalists have long acknowledged that multiple benefits accrue to manufacturing facilities that share financial data with their employees. That sharing not only shows everyone how the plant is performing, but it illustrates why certain decisions are made and helps engage workers in making the enterprise more successful.  (Vermeer Corp.'s Mary Andringa discusses sharing financial information in A Champion of Lean.

 
 


Plant shares financial performance information with all employees? (percentage of respondents)
Year No  Yes
2009 5 95
2010 5 95
2011 6 94
2012 0 100
2013 0 100
2009-2013 3 97


Source: 2013 IW Best Plants Statistical Profile

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