Springfield Remanufacturing Corporation (SRC) is well-known for high-involvement business planning structure.
I can’t remember a single piece of advice my grandfather gave me, but I recall very clearly that as a child he took the money his family collected from selling eggs to the bank, and walked into the middle of a bank robbery. I remember that when he was a young parent, his sons became lost in a cornfield and it took a search team to find them. And I remember that last summer, shortly before his 93rd birthday, he tried water skiing.
Historically, businesses using traditional management styles have been reluctant to give all of their employees the knowledge they need in order to make good business decisions day in and day out as they do their jobs. Open-book management takes a much different approach. It’s all about capturing and sharing both financial and organizational knowledge with every employee and empowering them to use that knowledge to contribute to the long-term success of the organization, as well as their own personal success. The benefits of knowledge sharing are numerous:
Amy’s Ice Creams’ workforce is made up primarily of millennials, most of which are seasonal employees. It’s important to founder Amy Simmons to engage these employees during their short time with the company in order to make a lasting impact on their futures, as well as the success of the business. Amy’s Ice Creams, a long-time Great Game of Business practitioner, uses fun, fast paced and positive company-wide huddle rallies as one way to educate and engage their employees.
From April 11–14, the Great Game of Business team will hit the road for Minneapolis, MN, for the NCEO 2016 Employee Ownership Conference.
By definition, the Critical Number is the operational or financial number that represents a weakness or vulnerability that – if not addressed and corrected – will negatively impact the overall performance and long-term security of the business.
In the late 1980s, I was a young sports reporter in Kansas City covering the Kansas City Chiefs and San Francisco 49ers game. The 49ers defeated the Chiefs, and they were on their way to a third Super Bowl Championship in seven years. In those days, the 49ers ruled the class of the league.
This year's 23rd annual Gathering of Games honored several organizations for their outstanding work as Great Game of Business practitioners.