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It’s part of the philosophy of open-book management; if you let your employees know traditionally sensitive information like profit levels, they’ll appreciate and return that trust.  What’s more, this helps them understand things that are important to the company beyond their immediate responsibilities, so that they can make better-informed decisions.

In this day and age, we’ve grown to learn a lot about the inner workings of businesses.  The internet, newspapers, and magazines are filled with lessons on strategies, best practices, how-to’s, etc.  You can easily find hundreds of articles on subjects such as management, marketing, technologies, and so on.
What seems to be lost in this [...]