The Great Game of Business: The Only Sensible Way to Run a Company
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.
Jack Stack is the president and CEO of the Springfield Remanufacturing Corporation. The recipient of the 1993 Business Enterprise Trust Award, he speaks throughout the country on Open Book Management and The Great Game Of Business. Stack is also a national and world judge for the Ernst & Young Entrepreneur of the Year Awards Institute.
Bo Burlingham is the author of Small Giants: Companies That Choose To Be Great Instead of Big (Portfolio, 2006) and an editor-at-large of Inc. magazine.
The whole concept 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
Jack Stack's book is a beacon of hope
- Tom Peters, co-author of In Search of Excellence
Jack Stack's open-book approach is generating intense interest among businesses big and small
- Wall Street Journal
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