Open-Book Management: The Coming Business Revolution
Open-book management is not so much a technique as a way of thinking, a process that actively involves employees in the financial life of the company.
Open-book management is not so much a technique as a way of thinking, a process that actively involves employees in the financial life of the company.
This book points to the need for flexibility to adapt to rapidly changing market conditions and cogently summarizes and evaluates the principal proposals for changes in corporate governance.
This book that has, since 1992, become the primer for open-book management, a new method based on the concept of democracy, the spirit of sports, and the reality of numbers.
Young presents a model of what is required for effective employee ownership. It was derived from a long-term study of ESOP firms. A major finding was that those that were the highest on participation outperformed the ones lowest by 11-17%. She goes on to state that it’s the combining of ownership and participation that generates … Read More
Employees, always considered important stakeholders in American corporations, are today emerging as a key shareholder group.
This book gives a valuable insight into the history and formation of this unique undertaking as well as a wonderful portrait of the far-sighted Basque priest who master-minded the original project.
Provides information on the basic mechanisms of employee ownership, how employee ownership can be a means to community economic development, and the growth of stock ownership plans abroad.
When this book was first published in 1990, there were massive economic changes in the East and significant economic challenges to the West. This critical analysis of democratic theory discusses the principles and forces that push both socialist and capitalist economies toward a common ground of workplace democratization. This book is a comprehensive approach to … Read More
The concept of workplace democracy has long been vitally important to theorists and activists of the democratic Left. The author here tests some of the claims made for this system, asking: Do such alternative forms of work organization really decrease workers’ sense of alienation? Does participation in a democratic, cooperatively run business encourage political participation? Does such a workplace foster class consciousness as a strategy for superseding capitalism?
Why do the rich get richer and the poor stay poor? How can we privatize publicly owned capital facilities so that employees and users own the stock? How can unions win ‘more’ for their members without rendering American employees uncompetitive? What steps can the government take to make every American economically independent? ‘Democracy and Economic Power’ aims to answer these questions and many more like them.
Douglas Kruse’s carefully executed study of two companies owned by the workers through Employee Stock Ownership Plans (ESOPs), examines the hopes and anxieties that have been articulated by many of the participants in one of America’s fastest growing types of work experiments.
What leads to successful workplace democracy — over the long-term? To answer that question, the author examined over 50 cases, in 15 different countries, covering a century of experience. The companies ranged from completely worker-owned and -controlled firms on the one hand, to partial but significant participation by employees in the management of privately-owned, community-owned, … Read More
This essay, devoted to explaining the financed-capitalist plan, is an attempt to advance our practical thinking about capitalism. It does not add anything except evidence of feasibility to the theory of capitalism as outlined in our earlier book.
The Capitalist Manifesto is intended to replace the Communist Manifesto as a call to action, first of all in our own country, and then, with our country’s leadership, everywhere else in the world. It is our industrial power and capital wealth, together with our institutions of political liberty and justice, that make America the place where the capitalist revolution must first take place to establish economic liberty and justice for all.
Shows that current elitist theories are based on an inadequate understanding of the early writings of democratic theory and that much sociological evidence has been ignored.
This book aims at nothing less than the creation of a society free from poverty, war, and toil, and the authors argue that these goals can be achieved through such policies as the extension of property- holding and the reduction of taxes and government spending.
Mr. William Cooper Procter’s successful plan under which hundreds of employees that make less than $1500 a year in wages have acquired stock that is worth thousands of dollars.