Author(s): Jack Stack
This is the expanded and fully updated edition of the business classic that started a global trend - the definitive first-hand account of 'Open-Book Management'. 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 ever 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.' In SRC, everyone from the cleaners to the CEO knows exactly how much they contribute to the company, how much they cost, and how they depend on one another to make the company a success. As a management strategy, 'the great game of business' is so simple and effective that it's been taken up by companies from Exxon to The Body Shop and Ben & Jerry's (and possibly even Profile Books).
"'The whole concept of The Great Game of Business 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) 'The brilliant story of the most radical act committed by a businessman in this century.' (Paul Hawken, entrepreneur, author, environmentalist and TV host of 'Growing a Business')"
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 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 and has served as an advisor for the group since 1998. Bo Burlingham is the author of Small Giants: Companis That Choose To Be Great Instead of Big (Portfolio, 2006) and an editor-at-large of Inc. magazine.