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How Malco Products is Bringing Manufacturing Jobs Back To The U.S.

Jul 27, 2021 by Darren Dahl 0 Comments
Inspired to diversify their employee-owned business, Malco Products has revived an abandoned factory and its iconic brand from the bottom up. The U.S. has been bleeding manufacturing jobs for decades. Back in 1980, for example, more than one-third of men with a high school degree worked in the manufacturing sector . But those numbers soon began a rapid decline fueled by a combination of factors ranging from the rise in automation and rising competition with nations like China to an increase in the so-called “skills gap” that left many manufacturing jobs unfilled due to a lack of workers qualified to fill those openings. That’s why, today,  manufacturing jobs make up about 8% of total employment , according to the Bureau of Labor Statistics.
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10 Easy Ways Leader Can Express Appreciation in the Workplace

Jul 22, 2021 by Donna Coppock 2 Comments
Individuals in the workplace need to feel appreciated in order to enjoy their job, do their best work, have positive work relationships, and stay with their organization long-term. The key ingredient in meaningful, significant, and effective appreciation is individualization—expressing appreciation in the recipient’s preferred “language.” Varying the ways company leadership communicates appreciation will improve chances of hitting the mark, so we've compiled 10 ways leaders can express appreciation in the workplace and foster positive work relationships in order to establish a recognition culture:
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Why We Are Giving Associates Incentive to get the COVID Vaccine

It’s become apparent that we celebrated the end of the pandemic a little early. Believe me, I was one of the first people who couldn’t wait to rip my mask off. I hate wearing them. You can imagine the sense of relief I felt when I finally got my second shot. Then, as the COVID numbers dropped, and dropped some more, we could finally take our masks off. It seemed like we had really turned the corner on this thing.
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It’s Going To Take More Than Sign-On Bonuses To Win The War For Talent

Jul 13, 2021 by Darren Dahl 0 Comments
The War for Talent is now in full swing. As the economy continues to reopen, companies have begun hiring again in earnest—driving the unemployment rate closer to pre-pandemic levels. At the same time, the number of open jobs in the U.S.—an estimated 9.2 million—is now breaking records. It’s one of those rare times in recent history where the number of job openings exceeds the number of unemployed people actually looking for a job.
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Do Financial Incentives Really Engage Employees?

I once had a conversation about how people get confused between “killer apps” and “the operating system.” For example: Business people get terribly frustrated when the latest management program or tool they’ve turned to doesn’t bring about lasting change. We always point out that great programs like Lean, Total Quality Management or the “Best Customer Service Plan Ever” are great apps – all super-effective tools that don’t build great companies all on their own.
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Decentralizing Business to Accelerate Company Growth and Stability

Jul 7, 2021 by Esther Tang 0 Comments
For many today, it would be unthinkable— if not sheer torture—to run a company supported by data arriving by pony express and steamship. Yet, in the 1800s, that’s what American industrialists regularly did to huge success. How could Carnegie and Rockefeller have made significant, informed decisions with material gathered by mere telegraph, letters, and only later, telephone? Weren’t they alarmed that their milk was fresher than their business intelligence?  
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3 Ways to Build Trust Through Transparency

Jul 7, 2021 by John Hall 0 Comments
The power of transparency in business— and how it positively affects your brand — is often lost on some leaders, and I understand that. When you lead a major corporation, you might feel that being more transparent means you’ll have to show your cards to clients and customers or give away more than you’re comfortable with. And what happens if you share anything that’s not business-related and alienate someone in your audience? That fear keeps many leaders from sharing an authentic story and truly connecting with their key audiences.
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Winning Strategies for Financial Literacy Training

Jul 7, 2021 by Doug Myers 0 Comments
Most everyone, when asked what their most important asset is, will respond “our people”.  If that is true, how much are we investing in our people to help them understand basic financial concepts?  Training for employees in the area of financial literacy can be a challenging task.  Here are some ideas that will help get the training started. The outcome will be better-engaged employees.
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Make Staff Meetings More Effective: Stop Meeting, Start Huddling

Even if you feel you have your staff meetings down to a science, you may still struggle with keeping your employees engaged, informed and focused on the company’s goals. One of the biggest challenges in business today isn’t planning or even strategy; it’s the ability to execute company goals. Why? Many companies fail to consistently and openly discuss their wins and losses.
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Financially Literate Employees Means Stronger Financial Plans

Jul 6, 2021 by Robert Washatka 0 Comments
Financial planning is vital to every organization’s success. It’s the roadmap to where your business is going, and without it, well, it is extremely difficult to organize a successful short- and long-term plan, (let alone define what it means to be “successful” in the first place). What is surprising to me is, that despite how vital a Financial Plan is to the success of a company, some organizations refuse to properly share theirs with employees.
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4 Easy Strategies to Communicate Financials so Employees Can Understand

When it comes to employees learning financials, it may seem overwhelming for those who don’t have a background in accounting or business. At first, nearly anything you say about the financials will sound absolutely foreign. So what can you do to break down this communication barrier? There are a number of techniques you can use when communicating the numbers to ensure everyone is on the same page. Here are four strategies to improve communication about financials with your employees:
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A 10-Year Vision

Jun 29, 2021 by Great Game Team 0 Comments
  Every company should have a vision for itself. Jack Stack, CEO of SRC Holdings and the founder of The Great Game of Business, says, "Having a 10-year plan can help overcome unexpected surprises."  Recently, Rich Armstrong, President of The Great Game of Business, and Steve Baker, Vice President, "sat down" (via zoom) with Jack to learn about the 10-year vision for SRC Holdings in a post-covid world.
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About The Great Game of Business

Our approach to running a company was developed to help close one of the biggest gaps in business: the gap between managers and employees. We call our open-book approach The Great Game of Business. What lies at the heart of The Game is a very simple proposition: The best, most efficient, most profitable way to operate a business is to give everybody in the company a voice in saying how the company is run and a stake in the outcome. Let us teach you how to develop a culture of ownership, where employees think, act and feel like owners.