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The Great Game of Business, by Jack Stock
Download PDF The Great Game of Business, by Jack Stock
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Profiles the workers and manangers of a small engine remanufacturing operation in Springfield, Missouri, and the innovative approach to management they developed when their parent company, International Harvester, went down the tubes. Book available.
- Sales Rank: #4587944 in Books
- Published on: 1995-01-01
- Released on: 1995-01-01
- Formats: Audiobook, Abridged
- Original language: English
- Number of items: 1
- Dimensions: .82" h x 4.35" w x 7.14" l,
- Binding: Audio Cassette
Review
"The whole concept of The Great Game of Business is beautiful –consistency, alignment, and transparency, infused with core values and brought to life with powerful mechanisms.� It is inspired and inspiring, a classic." -Jim Collins, author of Good to Great
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“The Great Game of Business is one of the top 10 most important business books for all growth-minded company leaders to read.� Why? �It details how to create the critically important “line of sight” every employee needs to be fully engaged and driving toward a common goal.� And Jack’s book details how to get everyone in your company focused with one eye on the financial impact of their decisions.� Then watch profits and cash soar.” -Verne Harnish, CEO of Gazelles and author of The Greatest Business Decisions of All Time
"This is the��brilliant story of the most radical act committed by a��businessman in this century. You can't run or manage��your business the old way once you read��The Great Game."�-Paul Hawken
From the Publisher
"An executive who turned around his own business shows how any company can build on its people's "universal desire to win," to boost both profits and employee morale, using his bold system of open-book management.
From the Inside Flap
In the early 1980s, Springfield Remanufacturing��Corporation (SRC) in Springfield, Missouri, was a��near bankrupt division of International Harvester.��That's when a green young manager, Jack Stack,��took over and turned it around. He didn't know how to��"manage" a company, but he did know about the��principal, of athletic competition and democracy:��keeping score, having fun, playing fair, providing��choice, and having a voice. With these principals��he created his own style of management --��open-book management. The key is to let everyone in on��financial decisions. At SRC, everyone learns how to��read a P&L -- even those without a high school��education know how much the toilet paper they use��cuts into profits. SRC people have a piece of the��action and a vote in company matters. Imagine��having a vote on your bonus and on what businesses the��company should be in. SRC restored the dignity of��economic freedom to its people. Stack's��"open-book management" is the key -- a system��which, as he describes it here, is literally��a game, and one so simple anyone can use��it. As part of the Currency paperback line, the��book includes a "User's Guide" -- an��introduction and discussion guide created for the��paperback by the author -- to help readers make��practical use of the book's ideas. Jack Stack is the��president and CEO of the Springfield Remanufacturing��Corporation, in Springfield, Missouri. The recipient��of the 1993 Business Enterprise Trust Award, Jack��speaks throughout the country on The��Great Game Of Business and Open��Book Management.
Most helpful customer reviews
12 of 12 people found the following review helpful.
One of the top 5 BEST discoveries we ever made for our company
By Daryl Flood
We have been a GGOB practitioner for 18 years. And it was one of our companies top 5 best discoveries.
Jack Stack's Company is in the business of re-manufacturing engines (they sell a product). My concern was how could we make Open Book Management principles work in a service business. In the early months, we adopted Jack's three cornerstones: 1) Know the rules of the game: Create a written business plan, and involve all employees in the annual business planning process. 2) Keep score: Produce monthly financial statements, and teach all employee how to read the P&L. 3) What's in it for me: When the company wins, pay employees Gainsharing checks each quarter. Plus we adopted Jacks meeting schedule: Managers attend weekly Great Huddle Meetings, and all employees attend Chalk Talk meetings. These meetings are designed to inform and keep the team on track with our business plan.
Results? We found Open Book Management works very well in a service business. In fact, it completely changed our culture and our employees love it. Over the years, we have had a few employee leave and take jobs with other companies. But after a few months, some of them return saying they missed our culture and playing the GGOB. I strongly recommend and endorse the GGOB.
It changed our organization... Who knows... It might change yours too!
Daryl Flood, President & CEO
Daryl Flood Relocation & Logistics
The Great Game of Business, Expanded and Updated: The Only Sensible Way to Run a Company
2 of 2 people found the following review helpful.
Jack Stack brings the meat when it comes to associate engagement
By Douglas Collins
In my work I engage organizations who seek ways to increase the level of associate engagement.
Engaged employees deliver higher quality products. Engaged employees deliver superior customer services. Ultimately, engaged employees lead to greater profitability.
The challenge organizations face in seeking increased associate engagement comes in deciding which levers to pull. What systems make sense? What incentives motivate?
Jack Stack's book is good because he lays out in detail the approach an organization can take to prepare for the Digital Age. The appendix offers a playbook to follow.
0 of 0 people found the following review helpful.
Must Read Business BIBLE
By Amazon Customer
Jack Stack completely blew my mind with this book. While I subconciously knew a lot of what he talked about, this book built a bridge between theory and practicality. This book is relevant for small business owners, middle managers, and CEO's of global companies alike. In a business environment where labor costs are only going to get higher, The Great Game of Business gives concrete steps to getting more from what you are paying for.
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