Open-book management is an approach in which the organization offers its employees access to financial information, to enable them to make wise business decisions; it is the approach of creating transparency by sharing organization's finance and sales data, showing employees how their way of working influences the finances.

Open book management was brought about based on a theory which believes that employees work better and are more motivated when they are treated as business partners. This is therefore one of the reasons why some organizations implement open book management, as an employee benefit for employees that have worked with the organization for a number of years.