Finance: Should I be Open-Book? What Information Should I Share with My Team?

Are you afraid to share company data with all your employees? Many companies debate how much information is too much information for their team, and how much information can help motivate or inform decisions better. In this episode, Vince Torchia of The Grow Group shares the data he recommends companies share with their teams, and how he recommends they do it.

Discussion Points:

• Lots of people ask how much they should share in “open book management”
• Grunder’s turnaround in sharing info
• Increased engagement 
• Increased literacy around financials
• Aligning employees with company goals and values
• Watching daily progress is exciting
• More data = more engagement, not sabotage
• As a leader, put yourself in your employee’s shoes
• Where can you start?
• Watch for the next episode on this topic where we’ll dig in deeper

The Grow Show podcast is sponsored by STIHL and brought to you by The Grow Group - a leading coaching and education firm for landscape professionals. Your host is Marty Grunder, president and CEO of The Grow Group and Grunder Landscaping Co., one of the most successful design-build operations of its kind in the Midwest. The Grow Show shares ideas, tips, tactics, and insights that will help you grow your landscaping business.

Resources:

Vince Torchia LinkedIn

GROW! Conference Feb 2024

The Grow Group

Grunder Landscaping

Marty Grunder LinkedIn

Stihl