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Top 3 Things to Consider for 2022’s Economic Slowdown

Feb 22, 2022 by Kimberly Clark 3 Comments
        1. Know how your business will be impacted In 2021, industrial sectors experienced Accelerating Growth, creating crunches on capacity, exacerbating concerns surrounding the labor market, prompting a willingness to purchase raw materials at higher costs than perhaps would have otherwise been desired.
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PRESS RELEASE: The Great Game of Business to Partner with ITR Economics

The Great Game of Business and ITR Economics are partnering to bring the insights and guidance of ITR Economics’ Industry Reports to The Great Game of Business practitioners.
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Learn From My Mistakes: Why Caregivers Need To Embrace Financial Literacy

Sep 28, 2021 by Dr. Ray Tuck, DC 0 Comments
 
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What Are We Teaching Entrepreneurs These Days?

  Unfortunately, it’s not just decades-old companies that hoard information or run out of cash. It happens to companies of all shapes and sizes every day. And sometimes they’re even being told it’s good for their business. If that sounds crazy to you, you’re right. It’s crazy. And what about schools and innovation centers that teach a generation of young entrepreneurs what they need to do to succeed but don’t include classes on managing cash?
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Valuations Through the Pandemic

Apr 8, 2021 by Tom DeSimone 0 Comments
  During March 2020, when the COVID-19 pandemic reached the U.S., it not only impacted the health of many Americans but also quickly resulted in economic instability: thousands of businesses were shuttered, the unemployment rate spiked, there was a significant drop in personal consumption expenditures and GDP plummeted. However, the U.S. government intervened, helping to stem further declines by offering unemployment and stimulus payments to eligible individuals as well as programs such as the Paycheck Protection Program to assist businesses in continuing their operations. As a result, the U.S. economy began to recover; still, it has lost ground since early 2020.
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And The Winner Is…

Mar 2, 2021 by Jack Stack 2 Comments
How Healthy Competition Drives Continuous Creativity And Productivity At SRC By Jack Stack   I’m a big believer in the positive power of competition. I believe it’s a universal truth that all people like to win—and hate to lose. But as I’ve written about before, losing is also an opportunity to learn and to improve. So, why wouldn’t we try to build in some of that healthy competition into the workplace? To take some of the drudgery out of our day-to-day routines and spice things up with some competition? At a fundamental level, that’s what The Great Game of Business® is all about.
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Open Books = Quicker Capital Projects

Jan 14, 2021 by Michelle Marcotte 0 Comments
Originally published in AEPNow on Monday, January 4, 2021 A Shreveport line mechanic installs new equipment on a pole near Line Avenue.   Shreveport construction crews are completing capital projects at a faster pace than ever before thanks to a strategy that helps them understand the financial impact of their work. This year, the Shreveport District initiated a weekly schedule of pole replacements and other projects to build long-term assets.
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The Job That Built Me - An Employee's Story

Dec 8, 2020 by Cassie Potts 1 Comment
My GGOB Story  The year was 2011, and I was living it up as a young single 20-something in Springfield, MO. I was a proud community college graduate holding an associates degree in ‘electronic media production’ with a slight obsession with attending large-scale music festivals.  You know the ones, Coachella, Bonnaroo, The HangOut Music Fest. I lived for them and I was always planning out which one I would attend next, always keeping in mind what my small hourly call center wage would support. 
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Missed Opportunities

“Maybe that meeting was my missed opportunity,” Ron told me, beating himself up a bit. “The fact that the president hadn’t even reported the actual results from the quarter should have alarmed every one of us board members into taking action.” That never would have happened at SRC. We work with our financials in real-time and through our constant huddling, not to mention our bi-annual High-Involvement Planning (HIP) meetings where all of our divisions get together to compare our progress on achieving our plans and forecasts. Paranoia can be good for you—unless you don’t do something about what scares you. You can’t hide from the solution and be successful.
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9 Forecasting Phrases to Listen For

May 24, 2019 by Jack O'Riley 2 Comments
Part of the “secret sauce” in playing The Great Game of Business is developing a consistent Huddle rhythm that includes forward forecasting your income statement by "line owners," or people close to the numbers that have responsibility for reporting each line of the P & L. The level at which associates embrace this practice varies across Huddle team members—some take it very seriously, while others devote little or no time to this critical process. As a business coach who has been a part of hundreds, if not thousands, of Huddles, I've learned what to listen for in a forecast. When I hear phrases like these below, it alerts me to dig a little deeper and ask questions of the line owner to promote a better thought-out and more accurate forecast:
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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.