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Day: October 22, 2017

HR Word of The Day 0

#HR #Word:#Open #Book #Management (#OBM)

Open Book Management (OBM) is a philosophy wherein a company shares all its financial and operational information (critical data) with all the employees and expects them to align themselves with company’s goals such that the overall performance of the organization is enhanced.  This way, the employee considers himself as a company’s stakeholder rather than just a ‘hired worker’, and hence […]