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The Great Game of Business by Jack Stack
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The Great Game of Business

by Jack Stack

Other authors: Bo Burlingham (Author)

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Organization & Administration
  Biovitrum | Jul 20, 2010 |
I included this book in my book: The 100 Best Business Books of All Time. www.100bestbiz.com. ( )
This review has been flagged by multiple users as abuse of the terms of service and is no longer displayed (show).
  toddsattersten | May 8, 2009 |
Mr. Stack is the President and CEO of SRC, a company that remanufactures engines. It was spun off of International Harvester when that company just about went bankrupt. Mr. Stack discusses his management style of the company that is quite unique in the business world today. He believes that employees should be given all the information of what is going on in the company so they can participate. That means everyone in the company has the access to and the ability to understand all the financials. Everyone in the company knows the plan, what the goals are, what they need to do to accomplish the goal and what the reward is going to be for making that goal. There are no hidden agendas, no unterior motives, no secret plans. Everyone is involved and accountable for the results.

It is a novel approach to doing business and I can't help but think it has to work. Giving people ownership in the company and sharing in the rewards must be the greatest motivator of all. Having lived through many rumor mills, political struggles, and other secret maneuverings, I have to wonder what all the secrecy is for. Keeping people in the dark demonstrates a lack of trust and therefore breeds mistrust. Employees are adults. If they can't handle the cold, hard facts of their company, they should look for some other place to work. I can't see where anything but good can come of sharing the information.

I recommend this book to everyone. He shares what has worked and what hasn't. The stories are very interesting. He doesn't pull any punches. He admist freely where he has made mistakes and where the employees have banded together to make the impossible happen. In the end, it is only the line workers that can really make anything happen, so why not give them what they really want - information and control over their destiny. It can only be successful. ( )
  DanStratton | Dec 10, 2007 |
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Author nameRoleType of authorWork?Status
Jack Stackprimary authorall editionsconfirmed
Burlingham, BoAuthorsecondary authorall editionsconfirmed
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Amazon.com Product Description (ISBN 038547525X, Paperback)

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.

(retrieved from Amazon Mon, 30 Sep 2013 13:38:03 -0400)

(see all 3 descriptions)

Now available in paperback--the book that has, since 1992, become the primer for open-book management, a new method based on the concept of democracy, the spirit of sports, and the reality of numbers. Includes a "user's guide" and a discussion guide created especially for this edition.… (more)

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