The Great Game of Business: Unlocking the Power and Profitability of Open-Book Management. Jack Stack
The Great Game of Business: Unlocking the Power and Profitability of Open-Book Management Jack Stack ebook
Publisher: Crown Publishing Group
Page: 252
ISBN: 9780385475259
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.
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.
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