Question
Open Book Management The Zingerman's Community of Businesses (ZCoB) is a family of ten businesses all located in the Ann Arbor Michigan area and reflects
Open Book Management
The Zingerman's Community of Businesses (ZCoB) is a family of ten businesses all located in the Ann Arbor Michigan area and reflects the novel strategy for business growth created by Zingerman's Deli founders Paul Saginaw and Ari Weinzweig. Rather than replicating their deli through the franchise model, Paul and Ari instead chose to develop new,independent businesseshttps://www.zingermanscommunity.com/about-us/our-businesses/ , all rooted in our local community that work together as one organization."
Zingerman's mission includes 3 bottom lines:Great Food, Great Service and Great Finance.Their philosophy of Open Book Management espouses that all employees from dishwasher to CEO share and understand the details of their financial performance.http://www.zingermanscommunity.com/about-us/culture/open-book-management/
This philosophy can be applied to any organization including healthcare.Does your employer share their financial information?Please suggest one approach that you would use to explain the different financial concepts in Zingerman's open book management policy to employees.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started