The Great Game of Business Blog

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4 Takeaways for Achieving Results in Your Business Transformation

Aug 5, 2019 by Kylie Sprott 0 Comments
How does someone take three conservative intellectual property businesses with very traditional cultures and transform them into an engaged, high-performing business?  To compound the challenge, we were now publicly listed and were moving the business from a partnership model to complete transparency. The Great Game of Business® helped us to overcome these challenges, culturally transform our business, and achieve both improved engagement and financial results. In the process, we learned four important lessons:
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6 Practices for Successfully Leading the Millennial Generation

Aug 2, 2019 by David Branch 0 Comments
You just can’t find good help these days!  If you're like me, you've heard this saying and have likely said it yourself a thousand times! It has been so difficult and discouraging to find the right employees to hire in our company that, for about two years, I all but refused to grow my business. Growth meant I would have to hire and train new employees just to have them leave once we started seeing some real return from this new employee. And after twenty-five years of business, I did not want to continue fighting the with many millennials—often trouble with work ethic and frequent job-hoping. I had a choice: keep suffering or find a solution. So, I made it my mission to discover the real issue and determine a solution!
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Questions to Avoid (and What to Ask Instead) to Be a Better Great Game™ Leader

Jul 29, 2019 by Chris Hutchinson 0 Comments
You’ve likely experienced people who occupy leadership positions and people who are leaders. There’s quite a difference. People who only occupy the position use power to get what they think is needed. Their use of questions often includes blame or demands control. Perhaps you’ve heard this one: “Don’t you agree, or is there something you didn’t understand?” People who are true leaders do the opposite. They ask questions to get people thinking about and owning the results of their work and the collective results of the company.
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Harnessing the Strengths of the Game

Jul 25, 2019 by Alia Stowers 0 Comments
“Engagement” has become such a huge buzzword in our society that some CEOs and managers no longer even want to talk about it! But don’t be fooled—this topic isn’t going anywhere. With research organization Gallup reporting that a staggering 87% of employees worldwide are not engaged in the workplace… we have our work cut out for us.
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5 Reasons You Need a PayBrand Story to Scale Your Business

Jul 22, 2019 by Kathy Steele 0 Comments
Great Game® practitioners have many shared values, such as a commitment to High-Involvement Strategic Planning, and the belief that every employee can impact the bottom line. Another shared value, which may at first seem too obvious to mention, is an attention to the numbers. As Great Game of Business practitioners, we are attentive, even passionate, about the numbers. To successfully scale and grow our business, this passion and thought must apply to all numbers on the balance sheet. Having a “why” behind every employees’ compensation that can be sustained long-term is critical to keeping top talent around and attracting the best new hires.
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Scoreboarding: The Whats, Hows and Whys

Jul 18, 2019 by Eric Rieger 0 Comments
There’s an old quote attributed to Peter Drucker that says, “What gets measured gets improved”. While I firmly believe this is true, it’s important to understand that what you measure is equally as important as how and why you measure it.
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Five Reasons Open-Book Companies Should Consider an ESOP

Jul 15, 2019 by Victor Aspengren 1 Comment
Liquidity options are plentiful for business owners: strategic sale, private equity, management buyout, family transfer, and leveraged recapitalization. Which path should you take? We know that 28% of the 2018 Great Game™ All-Star companies and many others walked a different path—implementing an Employee Stock Ownership Plan (ESOP). Apart from the fact that ESOPs can be a great exit strategy for open-book companies, here are the top five reasons why open-book management companies should consider an ESOP.
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How To Grow Engagement From Apathetic to Awesome

Jul 8, 2019 by Henry Patterson 0 Comments
Huddles are daily or weekly meetings that drive employee engagement and serve as a self-correcting measure to keep your company on the path toward achieving its goals. Huddles are the linchpin of any successful open-book implementation, but if you find engagement and understanding are low in your organization, you’ve learned an important lesson: Huddles can’t do it alone. In order to foster cultural adoption and high involvement in the planning and execution of your organization’s goals, you’ve got to make the process accessible to your team. Here are three keys for reaching your team and driving their participation:
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Keeping The Game Alive: Educating Through Gamification

Jul 5, 2019 by Lisa Halfmann 0 Comments
Over more than two decades, our employees have consistently been exposed to the teachings of the Great Game of Business® through meetings and trainings at Daryl Flood, Inc., but we found that we wanted to take this training beyond the classroom to interact directly with employees on an individual level. How? Through gamification of our training courses. This allows us to share content with employees in a format that is fun and motivates them to engage in learning at their convenience. There are four things to focus on when building a successful gamified education program:
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Lessons Learned in an Open & Honest Company

Jul 1, 2019 by Michael Otis 0 Comments
“In school, you're taught a lesson and then given a test. In life, you're given a test that teaches you a lesson.”  ~Tom Bodett I remember the grip of fear and dread that day. How could I forget? After 18 years in business, we faced a nearly insurmountable crisis that could have brought it all to an end. A few months earlier I had hired a bright young man that seemed to have what it takes to grow into a valuable member of our team and become a shining star. His name was Travis and he applied to be an estimator and project manager. Filling this role successfully would increase sales and help us grow. But in time I learned my assessment was wrong! Oh, how wrong!
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Is the Open-Door Policy Just Lazy Leadership?

Jun 28, 2019 by Kevin Kruse 1 Comment
An open-door policy refers to the practice of business or organizational leaders leaving their doors open so that employees feel welcome to stop by and meet informally, ask questions, or discuss matters that have been weighing on their minds. These days, with open office environments, co-working spaces and remote team members working around the globe, the “open-door policy” is more metaphorical than ever before. The equivalent of walking through a physical open door in many organizations is now sending a text message, a direct message on Facebook or Slack, an instant message on Skype, or a ping on Basecamp. Regardless of whether the interruption is through an actual door or a digital door, the theory is that an organization uses such openness to build a culture of trust, collaboration, communication, and respect regardless of an individual’s position in the hierarchy.
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5 Reasons You Need to Attend the Gathering of Games

Jun 27, 2019 by Kristi Stringer 12 Comments
Are you toying with the idea of attending the Gathering of Games conference in September?  If you believe all employees can more positively contribute to your business if they are educated and empowered to do so, this might be just the event you are looking for.
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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.