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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.

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