[2][3] The basis of open-book management is that the information received by employees should not only help them do their jobs effectively but help them understand how the company is doing as a whole.
The Scoreboard is open for all to see and meetings take place to discuss how individuals can influence the direction of the "Score" and therefore, ultimately, the performance against the Critical Number.
Finally a Stake in the Outcome is provided which can be a bonus plan that is tied to Critical Number performance or it can include Equity sharing or both.
At the event, business leaders learn from people who have used open-book management to increase the size, profitability and employee engagement in their companies [promotion?].
The conference consists of sessions, keynote speakers and workshops that are specifically targeted to each phase of open-book management.