Doing Business Differently Since 1983
It’s amazing what you can come up with when you have no money, zero outside resources, and 119 people all depending on you for their jobs, homes, even their prospects of dinner for the foreseeable future. That was the situation Jack Stack and 12 fellow managers found themselves in the first month after purchasing a failing International Harvester plant in Springfield, Missouri.
This new company, SRC Holdings Corporation, was loaded down with debt. The owners were scared and realized they could not rely on traditional ways of managing. So they grabbed something new, based on what they thought of as the higher laws of business.
It was out of these laws that The Great Game of Business was born.