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What Is Open-Book Management? How Is It Effective in Motivating

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Essay

What is open-book management? How is it effective in motivating appropriate employee behavior?


Definitions:

Knowledge Management

The systematic approach to acquiring, organizing, and sharing an organization’s information assets to enhance its performance and competitiveness.

Hard Facts

refers to objective, concrete data or evidence that is not influenced by feelings or opinions.

Really Works

An informal statement used to assert that something is effective or successful in practice.

Portfolio Assets

Diverse holdings or investments owned by an individual or organization, managed collectively to minimize risk and achieve financial goals.

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