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The Great Game of Business, Expanded and Updated
- The Only Sensible Way to Run a Company
- Narrated by: Jack Stack, Stephen Baker
- Length: 7 hrs and 7 mins
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The goal of playing the great game of business has always been to find a way to teach the have-nots how the haves make it. It’s about creating and distributing wealth equitably as a way to close those gaps in wealth that plague our society. It’s about changing the game. We authored Change the Game for those of you who continue to seek a brighter side of capitalism - one that truly transforms lives for the better. This book is about hope: No matter how grim things look, you can make them better.
Publisher's Summary
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 principles 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.
The Great Game of Business started a business revolution by introducing the world to open-book management, a new way of running a business that created unprecedented profit and employee engagement.
The revised and updated edition of The Great Game of Business lays out an entirely different way of running a company. It wasn't dreamed up in an executive think tank or an Ivy League business school or around the conference table by big-time consultants. It was forged on the factory floors of the heartland by ordinary folks hoping to figure out how to save their jobs.
What Stack and his people created was a revolutionary approach to management that has proven itself in every industry around the world for the past 30 years - an approach that is perhaps the last, best hope for reviving the American Dream.
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- Anonymous User
- 15-05-2021
great guide for how to
fits very well with my own values of inclusive and transparent business practices. can see it wouldn't work for all, but gives me confidence for how I want to run my organisation
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- Anonymous User
- 14-06-2021
Inspirational!
The only way to run a business . . . . .it sure is! Now to make it happen
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- Anonymous User
- 03-02-2024
Transparency Pays Off
A liked the overall message that training staff on how a business makes its profit and what the profit is used for. The book points out the need to educate staff on how to make a difference. However what grated on me was the pride of the authors in their theory. it is not rocket science - if you treat your staff like a functional family where there is transparency and the desire to grow staff to their full potential ( as a parent does) and if instead of thinking of yourself as a manager with enlightened ideas and gifts. you saw your role as a responsible parent. you will have happy staff snd enjoy going to work. Yes, of course you give your staff a bonus based on a % of any profit over the budgeted amount, but isn't that how a family works?
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