Formation IVP is built on solid methodologies

Formation IVP uses internationally renowned and proven methodologies to implement the innovation programme.

Open Book Management (OBM)

OBM is a management philosophy and system based on 4 principles:

• Sharing financial and operational information with all employees

• Creating business literacy in all employees

• Creating employee accountability for financial and operational outcomes

• Giving employees a stake in the success of the business.

Open Book Management (OBM) is a cornerstone of the Formation IVP approach. It is a powerful and proven method of forging highly innovative businesses. Employees will be motivated to be innovative when they are in possession of the facts and understand the upside benefits of creating value through innovation.

OBM instills strong, enterprise-wide conventions of accountability and buy-in to innovation, and is a very powerful, long-term unifying tool.

Using the OBM approach, Formation IVP will instill an organisation-wide culture of innovation, focused on critical targets.

The Great Game of Business™

The Great Game of Business is a highly successful approach to implementing OBM. The Great Game gets employees to think and act like owners by using "game play concepts" and applying those to the business. The Great Game has helped thousands of businesses dramatically improve performance and achieve a true innovation culture.

Formation IVP is also an approved provider of The Great Game of Business modules, workshops and coaching.