The Great Game of Business
The Only Sensible Way to Run a Company
About the book
Springfield Remanufacturing Corporation in Springfield, Missouri was a nearly bankrupt division of International Harvester in the early 1980s, and its turnaround is the basis of the system Jack Stack describes. Called open-book management, it asks every employee to understand the company's key numbers, act on them and hold a real stake in the business. Stack stresses that the approach did not come from consultants or business schools; it was worked out on the factory floor by ordinary people trying to save their jobs as their parent company collapsed. Companies from Intel to Harley-Davidson have taken up the method. Stack wrote the book with Bo Burlingham.
Brian Scudamore, founder and CEO of O2E Brands, said it taught him the value of transparency and of giving employees skin in the game, and his company named its profit-sharing program GGOB after it. Paul Hawken endorsed it as the story of the century's most radical act by a businessman.
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This book has 2 recommendations
Brian Scudamore (Founder and CEO/1-800-GOT-JUNK? & O2E Brands)
This book showed me the importance of transparency in business (making everyone understand the “game” of business”), and then how essential it is to give your employees some skin in the game. This book is why we adopted a profit-sharing program at O2E Brands called GGOB (Great Game of Business).
Paul Hawken (Co-founder/Project Drawdown)
The brilliant story of the most radical act committed by a businessman in this century.
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