The Great Game of Business Blog

Sign up to receive our blog posts conveniently in your email box

The Universal Opportunity to Use Business to Close the Gap Between the Haves and the Have-Nots

Jan 28, 2020 by Darren Dahl 0 Comments
When you travel just about anywhere throughout the world, there is a bond that brings people together: Jobs. The desire to earn a living, provide for a family, and give back to one’s community is universal. But the bonds that we all share go beyond what we do or where we work. There’s something else we’re all searching for—a way to leverage business to help close the gap between the so-called “haves” and the “have-nots” that increasingly plagues our societies. We’re looking for a way where everyone can earn the opportunity to win and get ahead. We’re also searching for a way to make work more engaging and participatory. To give people a voice in the work that they do and to give them the opportunity to earn a reward that truly reflects their hard work. We wonder if there is a way to leverage business in a way that creates a better, more equitable society that future generations can build on. In short, we’re all looking for a better way to run a business that gives every worker the chance to grab the brass ring for themselves.
Read More

Your People are Asking for Opportunities to Grow

Jan 23, 2020 by Lauren Haley 0 Comments
Employee engagement is a hot topic for the start of 2020 as business owners are focusing on attracting and retaining top talent. How are you going to invest in your employees this year and keep them engaged? As an employer, are you up to par with what your staff is looking for? According to this survey from CareerBuilder, employees are saying they want to get ahead in their career and utilize more training, but aren't offered educational opportunities to learn the skills needed to do so: Only 32% of employees are satisfied with the opportunities for career advancement.  58% think their company does not offer enough opportunities to learn new skills and help them move up in their career. If offered, 73% of employees whose companies do not currently offer educational opportunities or workshops outside of work hours say they would be likely to participate if they were available. Employees want to learn, grow, and contribute to the success of the organization. Have you considered training your employees in these areas?
Read More

The Building Blocks of an Effective Bonus Plan

If you’ve watched the movie National Lampoon’s Christmas Vacation, you probably remember the failed “Jelly of the Month” bonus program. Picture Clarke W. Griswold daydreaming about the pool he couldn’t afford, based on a bonus he was simply expecting to get. Did the bonus make him work harder? Did it make him feel good about his job? Feel more connected to the goals of the company? No way! The bonus was seen as an entitlement; it was not intended to motivate behavior in any way. Most bonus systems for employees are disappointing because they’re a mystery, they’re unpredictable and they’re never, ever enough. So what can you do? In this article, we'll share the building blocks of an effective bonus plan. There’s no more powerful way to engage, motivate and involve people in their everyday work, their own goals, and the goals of the organization. Here are the steps you need to take in order for your bonus plan to be most effective:
Read More

The 5 Myths of Management

  In The Great Game of Business, Jack Stack shares his experiences and lessons learned throughout the years, including what he was taught about management early in his career. What was the most important lesson he learned about management? Ignore almost all of those "best practices."  What he was being taught and what he had learned about management were entirely different! He discovered that the practice of management is filled with myths guaranteed to screw up any company, and we've compiled our blogs on the 5 Myths of Management here:
Read More

Four Essential Items to Cover During A Huddle

Jan 14, 2020 by Steve Baker 0 Comments
Huddles are a hybrid of typical staff meetings, not unlike what you might see during downtime at any athletic event. Their purpose is to share information while motivating and inspiring employees. What is a Huddle? For us at Great Game™, a Huddle is a structured meeting designed to keep the players focused on, informed about, and feeling involved in The Game. While the concept sounds easy enough, the Huddle must be carefully planned and executed in order to be both effective and efficient. Because of the changing work landscape (commuters, multi-location business units, diverse company cultures, etc.), the Huddle process is the one aspect of The Great Game of Business® that companies have to modify most. However, regardless of how you modify the overall flow of your company Huddle, there are several basic items you must always cover during your Huddle.
Read More

Sustaining The Game: 6 Tips for Energizing Current Staff & Onboarding with GGOB

Jan 10, 2020 by Lauren Haley 0 Comments
If you have implemented The Great Game of Business® and are making progress in your company, you might be wondering what the next step is. How do you sustain The Game and keep your team engaged in the long-run? Here are some tips and tools to keep your current staff energized, and bring new employees up to speed on your Great Game™ culture and practices:
Read More

4 Questions to Ask for Successful Succession Planning

Jan 7, 2020 by Keith Boatright 0 Comments
At SRC Holdings, we see our succession management program as one of our most important strategic advantages. It is also one of our greatest challenges because our managers must not only be good at their jobs but also good at building and maintaining our culture. Every year, we dive deeply into our workforce and employment data to evaluate ownership succession planning results while actively supporting the progress and alignment of our strategic workforce goals. During this process, the big objective is to complete detailed strategic workforce planning. The goals of this process can be achieved by answering four basic questions: 
Read More

Funding Your Employer Brand Plan—A Numbers Game You Need to Win

Jan 2, 2020 by Kathy Steele 0 Comments
In almost every business, the cost of human capital is one of the biggest expenses, sometimes as much as 70% a company's annual budget. Despite this fact, many organizations don't invest in an employer brand plan. Similar to lead generation campaigns that target new customers, this brand communication plan focuses on the talent audience. With unemployment continuing to trend under 4%, and companies' focus on employee recruitment and retention as we all fight in the war for talent, savvy leaders are starting to invest in employer brand strategies as part of their growth plan and competitive advantage. Here's How to Play by the Numbers:
Read More

The 3 Things You Need to Design into Your 2020 Bonus Plan

Dec 30, 2019 by Steve Baker 0 Comments
Yup. It’s that time of year. We gather the family for the holidays, light the fire and watch Christmas Vacation. And it’s hilarious…until you remember that you still haven’t finalized your company’s bonus plan for the New Year. Yikes! You don’t want to end up like Frank Shirley (Clark W. Griswold’s boss), do you? As you design your organization’s bonus plan for the New Year, I want you to keep in mind a few things about designing what we call a Stake in the Outcome®. For those who play the Great Game of Business®, providing a Stake in the Outcome is one of the most important parts (and least understood practices) of the entire business operating system. And it goes way beyond the bonus!
Read More

Creating & Distributing Wealth: Are You Doing Your Part To Raise the Standard?

Dec 26, 2019 by Jack Stack 0 Comments
One thing that scares me about our economy is the whole trend of downsizing. What’s really going on is that companies are getting rid of people and replacing them with machines. They view people as a contingent liability. They’re missing the fact that productivity depends on people. I don’t disagree that machines can make you more competitive. They can absorb overhead. They don’t take breaks. They don’t go on vacation. They don’t sit around wasting time. What machines can’t do is figure out how to make money. Only people can do that. If you have people who know how to make money, you’ll win every time.
Read More

Hitting Big Goals Starts with Small Wins

You and your team have come up with your Critical Number™: the one metric 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. But now what? How do you successfully start making things happen and impacting that number? With targeted day-to-day improvements that add up to long-term success. MiniGames™, are an engaging, short-term activity designed to pursue an opportunity or correct a weakness within a company. They bring a laser focus to those everyday, small wins that put us that much closer to the big win and help drive short-term performance metrics that contribute to a year-end revenue goal or Critical Number. Take this example from Get in the Game. By focusing on something as simple as spoons, the chain reaction resulted in a $1 million impact in revenue in just one year at Kerbey Lane Cafe:
Read More

Great Game™ All-Star Leads the Way in Corporate Social Responsibility

Dec 20, 2019 by Darren Dahl 0 Comments
Van Belle Nursery, Inc.—a 2016 Great Game of Business® All-Star based in Abbotsford, British Columbia—was recently recognized by the Abbotsford Chamber of Commerce for its business excellence in corporate social responsibility. The award, along with other local business award recipients for various categories, was presented during the 24th annual Abbotsford Business Excellence Awards gala. Dave Van Belle, the company’s CEO, says that he and the company were nominated for the inaugural award, which was established to honor businesses that serve as an aspirational example for how business could be run better in a variety of ways.
Read More

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.