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How to Bypass Shortages

Jul 12, 2022 by Larry Chase 0 Comments
Be Flexible and Constantly Shift Supply chain issues have created lots of shortages. Being flexible and willing to shift constantly provides a way to keep operations flowing. Right Proper Brewing, a brewery and pub in Washington, D.C., remains flexible and shifts when needed.
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The Cost of Turnover

Did you know turnover can cost a company $94,000 OR MORE? In an example below, Vice President, Steve Baker, applies our Dollar Exercise to the cost of turnover. Losing 9 people at a salary of $50,000 can cost you almost $100,000 and will take $1.4 million dollars in revenue to cover the cost. OUCH.  
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Maintaining Culture and Profits When Faced With Adversity

Business is always shifting. Economic trends change, technology evolves, and generational workforces move in and out. The one thing companies can always be sure of is adversity. So how do companies manage all the chaos? With today's supply chain issues, more people exiting the workforce than ever before, and the war for talent at an all-time high, how do business leaders possibly keep up with company culture and better yet, ensure they're making a profit?
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Fears of Recession? Here Is What You Should Be Doing

Jun 28, 2022 by ITR Economics 0 Comments
We have been hearing a lot from our community about whether they should be buying, selling, hiring, firing, etc. Nobody is quite sure what they should be doing. First and foremost, just take a moment to breathe. Fears of a recession are broadcast all over the media, with factors like higher interest rates, inflation, and the decline of the stock market weighing heavily on everyone's minds. We teamed up with ITR Economics to get the firm's take on the economy and help people and businesses plan ahead for the future.
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What Bass Fishing Guides And Fireworks Retailers Can Teach Us About Where The Economy Is Headed

As consumer demand begins to soften, ensuring the accuracy of your forward forecasting is more essential than ever.   Bass fishing is big business in Missouri. People come from all over the world to come and fish our lakes during the peak summertime tourism season. But when I went out to the lake recently, I witnessed a different story. Soaring gas prices mean people aren’t running their boats as much. I can’t remember another time when I hadn’t seen a single other boat out on the lake in June like I did that day.
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Strategies For People Shortages, Part Shortages, and A Misleading Economy

Every Friday, a think tank of Great Game™ coaches comes together to discuss pressing issues today's companies are navigating. They share out-of-the-box ways of thinking, how leaders can control different areas of the business, and how to mitigate the issues organizations have no sway over. We've listed some takeaways for leaders to consider when handling part shortages, people shortages, and preparing for an uncertain economy.
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Planning for the Challenges of the Future

In September of 2021, Jack Stack, President and CEO of SRC Holdings, discussed the future for his company, upcoming economic trends, and concerns business leaders should watch out for in 2022. Now that we're halfway through 2022, these trends and concerns are now today's reality. Listen to the complete podcast below to learn how implementing an operating system focusing on continuous improvement and planning can help you navigate challenges and adversity.
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Operating with Purpose: How The Great Game of Business and B Corp Benefit Employees

The pandemic has caused many people to stop and reflect on what really matters to them, resulting in what some have called The Great Resignation or the Great Reshuffle. This has had a huge impact on businesses — now dealing with higher than usual turnover. Recent studies by McKinsey & Company and Gartner show that the majority of employees – especially younger generations — are seeking greater purpose at work. And when they find that greater purpose, they are happier, more productive, more engaged, and more likely to stay. The McKinsey study also found that employees are five times more likely to remain at a company that regularly reflects on its impact on the world.
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Winning The War For Talent For Nonprofits: How to Engage Highly Skilled Volunteers

May 24, 2022 by Ivy Shelden 0 Comments
You’ll experience the labor shortage differently depending on where you’re standing. If you’re a business owner, you might be considering shorter hours, posting signs asking for grace from customers, or redesigning your company culture. But if you’re a nonprofit worker, you might be telling a hungry family: “I’m sorry, we can’t provide food for you tonight." Or a woman escaping domestic violence: “There’s no room in our shelter at this time, we’re at capacity." This is the reality for nonprofits across the nation as they struggle to compete in the war for talent. 
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Inflation and Your Employees

May 18, 2022 by ITR Economics 2 Comments
Are you prepared for the inflationary pressure on the US economy? ITR Economics is sharing resources to help both businesses and employees position themselves to bypass the negative effects of inflation.
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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.