What Is Open Door Policy
Open door policy statement of principles initiated by the united states in 1899 and 1900 for the protection of equal privileges among countries trading with china and in support of chinese territorial and administrative integrity.
What is open door policy. Secretary of state john hay. Us secretary of state john hay created the open door policy in 18991900 in order to allow the us japan and select european countries equal trade access to china a country that previously had no trade agreements. Open door policy is essential for effective communication proper feedbacks and better output. It was used mainly to mediate the competing interests of different colonial powers in china.
An open door policy as related to the business and corporate fields is a communication policy in which a manager ceo md president or supervisor leaves their office door open in order to encourage openness and transparency with the employees of that company. Under the policy none would have exclusive trading rights. Our open door policy in business reflects our commitment to transparent and flexible communication between managers and team members. The open door policy was a proposal put forth by the united states in 1899 intended to ensure that all countries be allowed to trade freely with china.
The open door policy was circulated among great britain germany france italy japan and russia by us. As the term implies employees are encouraged to stop by whenever they feel the need to meet and ask questions discuss suggestions. What is the definition of open door policy. Employees can take their workplace concerns questions or suggestions outside their own chain of command without worrying.
Heres our open door policy definition. The open door policy was a trade agreement between the united states china japan and several european countries. The open door policy is a term in foreign affairs initially used to refer to the united states policy established in the late 19th century and the early 20th century that would allow for a system of trade in china open to all countries equally. Open door policy purpose.
What does open door policy mean. A brief open door policy definition. With the help of the open door policy the employees do not crib amongst themselves rather talk to their superiors clear all their doubts and look forward towards a long term association with the organization. The open door policy encourages direct communication feedback and argument about issues that matter to employees.
Its simply the management practice of leaving your proverbial door open to all employees. Open door policy represents a contemporary business policy under which every managers door at a company is open to the workforce.
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