OPEN-BOOK MANAGEMENT GOES GREEN

摘要

A huge waste company truck pulled into the manufacturing complex of SRC Holdings Corporation in Springfield, Mo. Two men got off the truck and loaded four 55-gallon drums of used SRC diesel fuel onto the back of the truck, their work overseen by two SRC employees. Because SRC uses an "open-book" management style, the two employees were well aware that the cost to the company for each 55-gallon drum hauled away was $200, which also cut into the employees' bonus plan. Yet one of the employees knew that there were recycling companies willing to pay SRC for each drum, and the liquid would be recycled into something usable without damaging the environment. After the employee brought this to the attention of top management, SRC located a company that would pay $38 per drum to SRC. SRC's unique approach to sustainability is driven by its revolutionary open-book management philosophy that, in effect, transforms every employee into a management accountant and an innovative business partner. The company, which is employee-owned, has discovered that this approach leads to more effective corporate responsibility, ethical practices, and a commitment to sustainability. This in turn can result in better cost control, higher profits, and stronger cash flows.