SRC Holdings - The 'Open Book' Management Culture

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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

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Strategic Management Formulation, Implementation, & Control, 12e

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Case Details:			Price:
Case Code	:	HROB039	For delivery in electronic format: Rs. 400; For delivery through courier (within India): Rs. 400 + Shipping & Handling Charges extra Themes HR Practices and Policies
Case Length	:	13 Pages
Period	:	1974 - 2003
Pub Date	:	2003
Teaching Note	:	Not Available
Organization	:	SRC Holdings
Industry	:	Manufacturing
Countries	:	USA

Abstract:

The case examines how SRC Holdings, a key player in the engine and parts remanufacturing market in the US, turned itself around by implementing the 'Open Book Management' philosophy. The case gives an overview of the evolution of SRC and the problems that necessitated the adoption of the OBM philosophy. Details of how and why SRC opened its financial books to employees and made them partners in the business are given. The case then discusses the evolution of SRC's 'Great Game of Business' (GGOB) system. It examines the company's unique organizational culture that emerged on account of implementing OBM and GGOB. The case also reviews the benefits SRC reaped on account of the OBM and GGOB initiatives.

Human Resource and Organization Behavior | Case Study in Management, Operations, Strategies, Human Resource and Organization Behavior, Case Studies

Issues:

» Get an insight into the automotive engine and parts remanufacturing market in the US

» Understand the impact of an organization's strategic problems on its divisions and employees

Key Words:

SRC Holdings, key player, remanufacturing, US, Open Book Management, philosophy, evolution, SRC, adoption, OBM philosophy, financial books, Great Game of Business, GGOB

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SRC Holdings - The 'Open Book' Management Culture

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