Financial disclosures

Financial Disclosures by Leslie A. Mamalis, MBA, MSIT, CVA

August 2019/September 2019 – Today’s Veterinary Business Magazine

Sharing details about your practice’s performance builds trust in your employees and can help make your business even more successful.  Open book management (OBM) has been part of the business vernacular since the mid-1980’s, yet it continues to be viewed with healthy skepticism.  A 2017 article in Forbes magazine reported that most companies increase profitability and productivity by 30% in the first year after implementing OBM.