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The Great Game of Business, Expanded and Updated
- The Only Sensible Way to Run a Company
- Narrated by: Jack Stack, Stephen Baker
- Length: 7 hrs and 7 mins
- Unabridged Audiobook
- Categories: Business & Careers, Career Success
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Summary
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 principles 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.
The Great Game of Business started a business revolution by introducing the world to open-book management, a new way of running a business that created unprecedented profit and employee engagement.
The revised and updated edition of The Great Game of Business lays out an entirely different way of running a company. It wasn't dreamed up in an executive think tank or an Ivy League business school or around the conference table by big-time consultants. It was forged on the factory floors of the heartland by ordinary folks hoping to figure out how to save their jobs.
What Stack and his people created was a revolutionary approach to management that has proven itself in every industry around the world for the past 30 years - an approach that is perhaps the last, best hope for reviving the American Dream.
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What listeners say about The Great Game of Business, Expanded and Updated
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Tayyiba
- 05-11-15
Thoroughly enjoyed this Book
Great to hear from someone like Jack Stack who's poured his heart and head out into this Book.
1 person found this helpful
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- Richard Bagley
- 04-08-15
An update on a clap
Building a profitable business with a great company culture is incredibly hard...Jack Stack provides a blueprint in this book. He's not an academic and this isn't theoretical - it's based on more than 30 years of real world experience.
4 people found this helpful
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- Joshua
- 01-12-16
Great Advice for Small Business
Listen to the book at x1.2 speed. You won't regret it. It's a great book about motivating your employees and creating buy in.
The case study at the end was probably the most helpful piece.
3 people found this helpful
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- Thaddaeus Moody
- 20-04-15
Inspiring Story
I can't believe that I had overlooked this book for so long. It was a god quick read but filled with practical advice for building a culture of ownership in a business. I found a lot of similarities between the system that Stack built at SRC and the Toyota Production System philosophy. He lays out a simple way to determine KPI's at all levels of a business then clearly visualize them and align the organization to go after them. There were very few examples of how the problems were solved, but it is still worth reading just to understand their method of visualizing them. I would recommend this book to anyone looking to understand how to build intrinsic motivation and autonomy in their workforce.
3 people found this helpful
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- Anonymous User
- 23-07-17
Fantastic!
As part of an ESOP company, this book covered all the basic principles I want to share with my colleagues and leaders at work. Jack did a great job narrating this book and explaining the Great Game. I would recommend this to all businesses who want each employee to not only understand the goals and financial goals of the company, but to also be working towards those goals each and every day within their specific role.
2 people found this helpful
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- LesL
- 14-08-17
As good as it gets
Been 20 years since I read the book. The info is as relevant as it was 20 years ago. Plenty of usable information on how to get your people involved.
1 person found this helpful
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- P. Dean
- 13-05-22
intriguing ideas
I manage a non profit consulting business so the application isn't as h obvious but worth considering how I can at it. Well done.
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- BP
- 29-12-21
Like an ASPCA commercial for failing businesses.
I was required to read this as a part of a new business initiative at my former employer. The concept of open book management is great, concepts like scorecards and gamification are also great. Unfortunately this book is exceedingly boring and painful to listen to. GGoB is quintessential boomer advertisement material. It's a magic cure-all system that's gonna revolutionize your business (just kidding, you'll probably go bankrupt before you finish the book). What a waste of a credit.
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- Clark
- 26-08-21
Gave our business a path for moving forward!!!
Wow! We face many of the challenges Jack's company faced, but have been stuck for years trying to figure out how to fix the issues. A friend referred GGOB. Now, the source of our problems has become crystal clear. We are embarking on implementing this wonderful system. Lot's of work to do, but now we have a target in sight.
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- Joaquin
- 30-06-21
It's a good way to start looking into the GGOB
It's a good first approach into Open Book Management. It's well structured. I would have liked to have more specific examples.
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- Gale Moreland
- 15-03-21
Eyeopening
What an eye opening approach to busness. I couldn't get enough of this book and am looking forward to attending the conference in the fall.
We are so drawn to this approach that we will make intital implement of this method a quarter objective for our 2nd quarter.