Teaching employees about the company financials is a winning formula

SPRINGFIELD, Mo. – In many businesses a wide gulf exists between ownership and the workforce, a disconnect that can leave employees feeling undervalued and wanting to leave. The high cost of replacing them means it’s important to find ways to retain the best performers, and studies show that transparency and education from the top can be a solution, boosting employee engagement and motivation. And one way to achieve that transparency is to open the company’s financial books to employees and teach them the business, Rich Armstrong, a business coach, president of The Great Game of Business Inc. and co-author with Steve Baker of “Get In The Game: How To Create Rapid Financial Results And Lasting Cultural Change.” “Too often in business, we fail to show the players
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