The Great Game of Business: The Only Sensible Way to Run a Company
£9.60£10.40 (-8%)
In the early 1980s, Springfield Remanufacturing Corporation (SRC) in Springfield, Missouri, was a near bankrupt division of International Harvester. Today it’s one of the most successful and competitive companies in the United States, with a share price 3000 times what it was thirty years ago. This miracle turnaround is all down to one man, Jack Stack, and his revolutionary system of Open-Book Management, in which every employee understands the company’s key figures, can act on them and has a real stake in the business. In Stack’s own words: ‘When employees think, act and feel like owners … everybody wins.’
As a management strategy, ‘the great game of business’ is so simple and effective that it’s been taken up by companies from Intel to Harley Davidson.
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Additional information
| Publisher | Main edition (3 July 2014), Profile Books |
|---|---|
| Language | English |
| Paperback | 384 pages |
| ISBN-10 | 1781251533 |
| ISBN-13 | 978-1781251539 |
| Dimensions | 13.51 x 2.21 x 21.59 cm |
by barrellmeister
Great easy to read book. Good price.
by Philip Colchester
This book is addictive and I am planning to buy further copies for my colleagues with the aim of improving our business.
by Gareth B.
This feels like the missing part in the jigsaw about how to get people to want to commit, contribute and feel valued.
by Simon Osborne
When was the last time you knew that your frontline team could read the income statement and the balance sheet as well as you? When was the last time your frontline team knew that your business was off-plan, and what they could do about getting it back on plan? When was the last time you had a team meeting with your frontline staff and they gave you the numbers for the week that told you if you were on or off plan? Jack Stack suggests it should be every day or certainly weekly.
Stack illustrates his own companies fully open-book approach to business that calls for strong leadership, managerial daring and considerable stamina. Much of what is written appears to be teaching business managers ‘how-to-suck-eggs’, in that a great deal of the content prescribes fundamental business principles, yet holding this thought detracts from the reality of his business model. And while many business leaders might extol the principles of an open-book philosophy, the perseverance and staying power required to deliver, I suggest, would exhaust many a budding open-book advocate.
Throughout Stack demonstrates a business ethic that allows his frontline team to investment in their own success by benchmarking personal success as sufficient equity to purchase their own property. Everyone is a winner as stock price increases, margins are protected and efficiency encouraged. I would guess it is would be difficult to assess if a different, more autocratic management style would have brought about a higher stock price, but even if it did, I would like to think, the local communities economy would be more sustainable and at a higher level because of it.
by Rudi
Really great insights into how to get a team fully engaged and focused for great results. Definitely worth a read.
by Alex
If I had received it, it would hate been good!
by ben colliss
Excellent book
by l girling
Excellent manual on how to develop your business to go from strength to strength, especially when in fast growth or any time.