This session will focus on how open-book management provides solutions to and addresses issues of disengaged employees and low staff retention.

Gallup's study of the American workplace in 2013 found that 70% of U.S. workers are not engaged at work. This lack of engagement leads to high turnover and lower productivity. Studies by the Corporate Leadership Council report that highly engaged employees were 87% less likely to leave their companies than their disengaged counterparts. According to ACCOR Services, 90% of business leaders think an engagement strategy has an impact on business success, but barely 25% of them have a strategy.

The objective of this session is to share with human resource professionals this methodology and provide an understanding of how they can help their companies improve employee engagement. HR professionals play a vital role in propelling their organization towards adopting open-book management, providing clarity around the value of transparency, and achieving advanced employee engagement.

Learning Objectives:

1. The success of this presentation will be measured by participants rating their increased understanding of general open book principles. The desired outcome is to increase awareness of the open-book approach and provide human resources leaders and senior level executives an understanding of open-book management that allows them to improve company results and improve the lives of the employees who drive those results.

2. Attendees will benefit beyond a conceptual understanding when HR Executives have the ability to share with their executive teams the principles of open-book management and the benefits of applying OBM.