Open-book management—opening up your financial books to all your employees—has been around for almost 40 years, but only in the past 15 years or so has this business-practice philosophy really taken root. Most companies, after practicing open-book management for at least two or three years, become true believers and strong advocates of the practice.
Questex Media—which owns the OnDemand Expo (ondemandexpo.com) as well as consultant InfoTrends (infotrends.com)—has filed for bankruptcy and plans to sell the company to holders of its debt, reports Reuters News Service.
The Newton, Massachusetts-based company publishes more than 100 print and digital magazines and sponsors 45 conferences. The company's combined operations include more than 400 employees in offices throughout North America, South America, Asia and Europe.
In Kalamazoo, Michigan, Impact Label has found a way to utilize digital for its labeling projects.
Founded in 1964, Impact Label (impactlabel.com) has grown in the 45 years since to have about 70 employees, with branches in Chicago and Chattanooga. Most of Impact’s work is, as you might expect, labels--much of which is done on silkscreen presses or flexographic presses.