Great Game of Business - Softcover

Stack, J.

Softcover

ISBN 10: 038547525X ISBN 13: 9780385475259

Publisher: Bantam Doubleday Dell Publishing Group, 1920

Synopsis

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.

About this title

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

"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

About the Author:

JACK STACK is President and CEO of SRC Holding Corporation, an employee-owned company that supplies remanufactured engines to the transportation industries. He is also the author of A Stake in the Outcome. He lives in Springfield, Missouri.

About this edition

• Publisher: Bantam Doubleday Dell Publishing Group
• Publication date: 1920
• ISBN 10: 038547525X
• ISBN 13: 9780385475259
• Binding: Paperback