The Great Game of Business Blog

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Four Characteristics of a Strong Critical Number

By definition, the Critical Number is the operational or financial number 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. Overall, the Critical Number is the heart of The Great Game of Business. Each of our three fundamental processes (Know & Teach the Rules, Follow the Action & Keep Score and Provide a Stake in the Outcome) revolves around educating, involving and engaging employees to improve the Critical Number.
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The Myth and Magic of the Critical Number

Oct 22, 2018 by Steve Baker 0 Comments
  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 the Critical Number™.  It will indeed change your business. And yes, it will change your life.  But it’s not magic. Let’s say that you discovered the ULTIMATE Critical Number. You found a financial measure that will indicate success – and you’re going to focus your entire organization on your ultimate Critical Number and take over the world!
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It's More Than Getting to the Critical Number

When the leadership team asked us a year and a half ago to lead Venturity’s Great Game journey, we weren’t sure what to expect. As a group, we all had visions of success, but also threads of trepidation because a lot of the success was riding on our shoulders. This was a huge responsibility and required us to stretch our own leadership and team-building skills. We knew at the beginning that we would be responsible for leading the entire Venturity team in the Great Game of Business® and helping to set and continue the overall direction. We spent hours every week in those initial months understanding the Great Game and creating it for Venturity. What we didn’t realize at the time was the powerful impact the Great Game of Business would have on the culture of our organization overall, and how this would translate into much more than financial success.
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Why Choosing a Critical Number is so Important

At any given time in your business, there is one thing, an operational or financial number 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. This one thing is known as your company’s Critical Number™.  Ultimately, the Critical Number defines winning.  It rallies people around a common goal and directs a focus to what’s most important to the company’s success.  From this definition, it’s clear to see why identifying a Critical Number is valuable to your business, but the Critical Number is also very important to your employees. If they do not understand and buy-in to the Critical Number, it is likely that this number will continue to go unnoticed. Here are three key ways the right Critical Number will strengthen your business:
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Got a Trust Problem? Open the Books

I took a client to open book management pioneer SRC Corporation last week. For them it was an eye opener. For me it was a reinforcement of what’s possible when a company shares vast amounts of the right information with its people. They make smarter decisions and take performance to unheard of heights.
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What's Your Number? by Bill Collier

Feb 5, 2012 by Bill Collier 2 Comments
          “What gets measured gets managed.” It’s hard to argue with that piece of wisdom. That said, here’s another old saw to consider:           “If everything is important, then nothing is important.” Between these two valuable quotes is a balance and a guideline for business owners. All businesses have certain numbers that define success. Some, like profit, are universal. Every business must take in more than it spends, so an argument could be made that this number – profit - is a definition of success for every business.
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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.