Commanding Business

Everyone is on the same team when playing the great game of business. Tim’s guest, Jack O’Riley, is a coach and specialist in Open Book Management. He takes us through the 3 core principles of The Great Game of Business, including how the principles are utilized, received by the employees and how the principles assist a business with increasing revenue. The benefit of having the entire organization see and understand the books is that everyone is able to see how their position impacts the organization as a whole, leading them to strive for financial growth.   Key Takeaways: [1:00] Mr. O’Riley’s history [2:12] What is open book management philosophy? [4:04] The 3 core principles of The Great Game of Business [7:42] The open book policy doesn’t apply to compensation or litigation [10:41] If you plan to make a profit you have to have cash [12:54] Building a rhythm [15:15] Follow the action [18:25] Employees quickly see that their efforts to improve the business, ends up in their pockets [22:45] Using real life e