What is The Great Game of Business?
The Great Game of Business has become the most celebrated approach to Open-Book Management, a unique and well-proven approach to running a company, based on a simple, yet powerful belief; “When employees think, act and feel like owners… everybody wins.”
In its simplest form, The Great Game of Business is a way of running a company that gets everyone focused on helping the business be successful. Employee goals and accountabilities are tied directly to the success of the company. It teaches all employees the Critical Numbers of the company and how they can make a difference – both individually and as part of a team.
The SRC Story
In 1983 along with 12 other managers, Jack Stack scraped together $100,000 in cash, borrowed $8.9 million and transformed a failing division of International Harvester into one of the most successful and competitive companies in America. Under Mr. Stack’s leadership and Open-Book Management approach (later coined The Great Game of Business), this formerly failing company has now become SRC Holdings Corporation, a thriving company of 1,000 engaged employees in 17 business units across a variety of industries producing $300 million in annual sales. A company that has increased its stock price from 10 cents per share in 1983 to over $199 in 2010.
About The Great Game of Business
The Great Game of Business, Inc. provides affordable training and coaching services on the best practices of High Involvement workplaces and Open-Book Management. They offer publications, products, tools, and sponsor a national conference and recognition program to identify and celebrate exceptional Open-Book organizations. The Great Game’s chief visionary, Jack Stack, has coauthored two best-selling books with Bo Burlingham; The Great Game of Business (Currency/Doubleday, 1994) and A Stake in the Outcome (Doubleday, 2002).
The Great Game of Business has hosted more than 4,000 companies around the world — including Southwest Airlines, Harley-Davidson and Whole Foods Market — prompting BusinessWeek to label SRC Holdings as a ”Management Mecca.” In 2009 alone The Great Game of Business and Open-Book Management was profiled in the Wall Street Journal & New York Times, featured on MSNBC, selected as one of the 100 Best Business Books of All Time and chosen as the #1 Most Innovative Business Practice by INC Magazine.