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Are You Too Afraid to Open the Books?

If you are reading this and haven't already "opened the books" to share company financials with your employees, my guess is it's because you are scared. What are your real concerns about open-book management? Financial transparency in business is a concept so new, so counter to the way business has always been done, no wonder it scares people. Just the thought of opening the books is followed by a whole list of what-ifs. The thing is - it's not actually that scary when you break it down. Here are our answers when people hit us with the what-ifs:
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The Myth and Magic of the Critical Number™

Imagine a number, that if identified, would represent the single most important thing in your life; the one thing that would change everything. Whoa. That would indeed be awesome. But there’s more to it than that. There’s myth and magic that surrounds what we call the Critical Number™—that one operational or financial metric that represents a weakness or vulnerability that impacts the long-term security of the business. This clearly defined, company-wide goal will indeed change your business. And yes, it will change your life.  But the Critical Number is not magic.
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How The Great Game Helps Create Sustainable Enlightened Businesses

Capitalism is under attack—especially in today’s political arena. Given the increasing gap between the have and have-nots, it’s not surprising that people are looking for a scapegoat—for someone to blame. And, often unfairly, it is business leaders who increasingly find themselves in the crosshairs.    That’s led some influential voices in the business world to consider new tactics. A prime example is how the Business Roundtable, a group of about 200 leaders of the world’s largest companies, recently created headlines with an announcement that they would prioritize their commitment to their “stakeholders”—which includes employees, customers, suppliers, and communities—over the short-term gains to their shareholders.
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The "Why" Behind High-Involvement Planning™

High-Involvement Planning™, or ‘H.I.P.’, has been critical to SRC’s sustainability of The Game and its long-term financial success. H.I.P. has kept us focused and committed to The Game, primarily because it keeps it fresh and exciting by changing things up, year after year. It redefines our Game each year, with new Critical Numbers™, new financial targets, new challenges to conquer, and new goals to achieve. H.I.P. is also where we leverage the business know-how we have worked so hard to create. We use the collective knowledge of our team to raise our level of thinking from 90-day MiniGames™, to annual bonus plans, to 5 and 10-year visions for the company. The result of High-Involvement Planning is a vision—and a specific plan to achieve the vision.
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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.