The Great Game of Business Blog

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

Managers Should Have all the Answers...Right?

Nov 16, 2018 by The Great Game Team 1 Comment
As a company manager (or owner), it’s your job to have all of the answers, right? Wrong. While you might feel accountable for finding/knowing/having all of the answers all of the time, sharing problems with the rest of your employees might provide some unexpected benefits for you, your employees and your business.
Read More

7 Reasons Organizational Knowledge Is Power

Nov 8, 2018 by Donna Coppock 2 Comments
Historically, businesses using traditional management styles have been reluctant to give all of their employees the knowledge they need in order to make good business decisions day in and day out as they do their jobs. Open-book management takes a much different approach. It’s all about capturing and sharing both financial and organizational knowledge with every employee and empowering them to use that knowledge to contribute to the long-term success of the organization, as well as their own personal success. The benefits of knowledge sharing are numerous:
Read More

United Heating, Cooling & Plumbing: Becoming a More United Team Through Open-Books

    United Heating, Cooling & Plumbing is new to The Great Game of Business®.  After several employees had read the book, they decided to take the leap into open-book management earlier this year at their two locations including more than 300 employees. United hopes to embrace their employees' excitement for transparency and OBM, keep this energy going and continuously better communication within the company by implementing the Great Game of Business. As United is rolling out the Great Game to their company, their leaders are using a more innovative approach to introducing GGOB practices to their employees by releasing fun and informative videos. We spoke with Sarah Lambert in Process Improvement about how they have begun the process at United. Check out their videos and our Q&A below!  
Read More

3 Must-Watch Videos Featuring GGOB Practitioners

Jun 28, 2018 by Lauren Kratz 0 Comments
We love to see and hear the inside stories of companies putting the principles and practices of The Great Game of Business to work in their organizations, which is why we love to find videos by and about Great Game practitioners!  Here are three of our favorite videos representing three very different stories...
Read More

Are You Too Afraid to Open the Books?

May 25, 2018 by Steve Baker 0 Comments
If you are reading this and haven't already "opened the books" to share company financials with your employees, my guess is it's because you are scared.   Financial transparency in business is a concept so new, so counter to the way business has always been done, no wonder it scares people.  Just the thought of opening the books is followed by a whole list of what-ifs.
Read More

3 Ways to Build Trust Through Transparency

Jun 7, 2017 by John Hall 0 Comments
The power of transparency — and how it positively affects your brand — is often lost on some leaders, and I understand that. When you lead a major corporation, you might feel that being more transparent means you’ll have to show your cards to clients and customers, or give away more than you’re comfortable with. And what happens if you share anything that’s not business-related and alienate someone in your audience? That fear keeps many leaders from sharing an authentic story and truly connecting with their key audiences.
Read More

Developing a Business Culture of Continuous Improvement

In an increasingly competitive global marketplace, companies are always looking for ways to stay ahead and build a business culture that doesn't lag behind. Continuous improvement programs that involve tapping ideas from employees at all levels, holding each other accountable, and rewarding success through smart gainsharing programs are key for some leading U.S. firms. Here are some tips for how to develop a culture of continuous improvement and accountability:
Read More

Manufacturer Uses Transparency as Competitive Edge

West Paw Design is a world-class manufacturer of high-quality pet toys, beds, and apparel based in Bozeman, Montana. Founded in 1996, 100% of West Paw Design's products are manufactured in the U.S. using nontoxic, organic, or recyclable materials and are sold largely through independent retailers. 
Read More

Power Plant Employees Control Costs & Impact Bottom Line

American Electric Powers’ (AEP) Pirkey Power Plant in Hallsville, Texas, has been providing low-cost power to its customers since 1985. The plant is part of a division of AEP called Southwestern Electric Power (SWEPCO), which is composed of eleven plants over a three-state region that includes parts of Texas, Louisiana, and Arkansas. 
Read More

Financial Literacy Training Helps Agriculture Equipment Distributor Drive Out Entitlement

Jenner Sales Corp., now in its 53rd year of business, is the Case IH Agriculture Application Equipment Distributor for the states of Illinois and Indiana.  Business Challenges Jenner Sales Corp. was a profitable company prior to its launch of the GGOB. However, the company’s profit sharing program had started to feel, to ownership, more like an employee expectation than an earned reward. It seemed employees really didn’t understand how the company arrived at the pool of money and what employees needed to contribute to earn their share of it. Therefore, ownership believed that if employees at the front line understood how the business made profits as well as the fact that more profit would be available for sharing if they helped grow the amount, they’d want to win together.
Read More

Aircraft Repair Company Uses Financial Forecasting to Avoid Pay Cuts

Founded in January 2000 in Fort Worth, Texas, Texas Air Composites (TAC) repairs and overhauls aircraft for airlines and other private owners all over the world. 
Read More

How to Involve Everyone in Running the Business by the Numbers

Aug 19, 2014 by Bill Collier 0 Comments
“The numbers in a business are just stories about people.” - Jack Stack, CEO of SRC Holdings and author of The Great Game of Business What are your company’s numbers, and how do you use them to assign accountabilities to departments and people?
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.