The Great Game of Business Blog

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

Jenner Ag's Great Game Story

Feb 14, 2018 by The Jenner Ag Team 0 Comments
We're Jenner Ag and we are a practitioner host for The Great Game Experience. We're very excited to partner with The Great Game of Business team for this event. We wanted to tell you a little more about our story and how we practice open-book management in our organization.  Before we had ever heard about The Great Game of Business, Jenner Ag was a profitable company… but we knew we had more potential. Although the profit sharing program the company had implemented years ago was quite successful, the management team could feel it getting stale. Worse, the employees had come to view it as more of an entitlement than something they had to earn. It desperately needed reenergizing.
Read More

Top 5 Inflection Points of Business Ownership Succession

There are a lot of “moving parts” in the day-to-day management of a business. Business owners are likely wearing many hats and ownership succession may not be top of mind. However, it is a topic that must be addressed. When it does, it can be a stressful, but ultimately a worthwhile conversation. 
Read More

How to Get Started Tracking Your Business Metrics

Jul 28, 2015 by Bill Collier 0 Comments
Though he’s referring to baseball, Jim Evans’ stance on tracking metrics can be applied to professional organizations just as they are to professional baseball organizations. Metric tracking is a fundamental process for companies that practice the Great Game of Business. And although it’s an essential part of playing The Game, it isn’t uncommon for companies to find themselves at a loss for whether or not they’re tracking the right numbers. Sometimes company leaders don’t even know where to start tracking!
Read More

The Arithmetic of Ownership Transition Planning

For owners of closely held businesses, planning for the ultimate transition of ownership is critical to the long-term health and profitability of the organization. Assessing your company’s internal infrastructure and management team is one of the most important components of the planning process. In fact, so is assessing the subsequent necessary additions or adjustments.
Read More

How Great Entrepreneurs Exit Their Companies on Top

Jul 3, 2015 by Bo Burlingham 1 Comment
Every entrepreneur exits. It’s one of the few absolute certainties in business. Assuming you’ve built a viable company, you can choose when and how you exit, but you can’t choose whether. It’s going to happen. You can count on it.
Read More

Commercial Nursery Increases Profitability with The Great Game of Business

Van Belle Nursery is a commercial supplier of trees, plants, and shrubs based in Abbotsford, British Columbia, Canada. The company, which was founded in 1973, ships to a variety of retailers in western Canada as well as in the northern U.S.  Business Challenges One of the biggest challenges that the nursery faces is finding a way to build a cohesive company culture for its 100 associates, most of whom are immigrants from companies like Mexico, Iraq, Sudan, Zimbabwe, China, Costa Rica, Peru, Mexico, and India, and even a few from Canada.
Read More

A Stake in the Outcome®: How a Chocolatier Brought his Cocoa Farmers into the Game

Apr 17, 2013 by The Great Game Team 1 Comment
Every year, Shawn Askinosie makes pilgrimages to some of the hottest, most humid and poorest regions on the face of the Earth, specifically: San Jose Del Tambo, Ecuador; Davao, Philippines; Cortes, Honduras; and Tenende, Tanzania.
Read More

Ok, I Made A Profit. Now What?

Dec 10, 2012 by Bill Collier 0 Comments
If you're a business owner, I strongly urge you to budget for a reasonable profit target as a percent of sales, and then make your expenses fit in. The idea is to put profit front and center as a necessary outcome ... to make it happen on purpose, rather than let it happen by accident. Now, let's build on that idea. First, what is a reasonable target for profit before tax? It varies by industry but I suggest that most of us should be able to shoot for 10% of sales, pretax.
Read More

Timing: It will Drive you Crazy

The race to end the accounting year is full of twists and turns. You really don’t know where you are going to end up until that final day where your year officially ends, after which you can begin the arduous process to close your books. But those twists and turns sure make life interesting to plan for.
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.