Capitalism in its traditional form is under attack. Solutions from both sides are extreme and unsustainable. There is a revolution going on in business; a movement that is teaching the have-nots how the haves make it. It’s about creating and distributing wealth equitably as a way to close those gaps in wealth that plague our society. It’s about changing the game. And it all started nearly 40 years ago at a company called SRC.
The best-seller, The Great Game of Business, started a business revolution by introducing the world to open-book management, a new way of running a business that creates unprecedented profit and employee engagement.
By Jack Stack with Bo Burlingham
The revised and updated edition of The Great Game of Business lays out an entirely different way of running a company. It
wasn’t dreamed up in an executive think tank or an Ivy League business school or around the conference table by big-time
consultants. It was forged on the factory floors of the heartland by ordinary folks hoping to figure out how to save their jobs when their parent company, International Harvester, went down the tubes.
What these workers created was a revolutionary approach to management that has proven itself in every industry around the world for the past thirty years—an approach that is perhaps the last, best hope for reviving the American Dream.
“The whole concept of The Great Game of Business is beautiful –consistency, alignment, and transparency, infused with core values and brought to life with powerful mechanisms. It is inspired and inspiring, a classic.”
-Jim Collins, author of Good to Great
“The Great Game of Business is one of the top 10 most important business books for all growth-minded company leaders to read. Why? It details how to create the critically important “line of sight” every employee needs to be fully engaged and driving toward a common goal. And Jack’s book details how to get everyone in your company focused with one eye on the financial impact of their decisions. Then watch profits and cash soar.”
-Verne Harnish, CEO of Gazelles and author of The Greatest Business Decisions of All Time
Jack Stack is Founder, President and CEO of SRC Holdings Corporation. Jack has been called the “smartest strategist in America” by Inc. Magazine and one of the “top 10 minds in small business” by Fortune Magazine. A pioneer of the leadership model known as open-book management, Stack is the author of two books on the subject, The Great Game of Business and A Stake in the Outcome. His expertise in using the open-book model has helped SRC Holdings Corporation start, acquire, and own over 60 businesses and created thousands of jobs since 1983. Along the way, SRC’s stock value has increased 360,000%.
Jack has served as a world judge for the Ernst & Young Entrepreneur of the Year Awards Institute and as an advisor for this group since 1998. Jack designed the first ever United Way Entrepreneurial Fund to encourage innovation within the non-profit community. He has also served as a contributor for Inc. Magazine and The New York Times and has addressed thousands of audiences on the topic of open-book management. Jack is the father of five children and grandfather of six.
SRC Holdings Corporation is a 100% Employee-Owned Company employing over 1,200 people, with sales of over $450,000,000 located in Springfield, Missouri. While SRC’s chief business is remanufacturing, the company is best known for being the birthplace of open-book management. Once a failing division of International Harvester, SRC made national headlines when CEO, Jack Stack, used unconventional measures to turn the company around.
Under Stack’s leadership, employees started playing The Great Game of Business®. The Game was a way to teach employees how business worked in a way that was unintimidating and would make sense to everyone: using the analogy of a game. Using this method, SRC became one of the biggest turn-around stories of its time.
Thirty years later, SRC Holdings Corporation operates 31 business units including joint ventures with John Deere, Case New Holland and Navistar, and maintains two venture capital incubator funds. SRC Holdings Corporation has received international recognition because of its success, including the Top 100 Companies to Work for in America, WorldBlu Most Democratic Workplaces, the National Business Ethics Award and the Business Enterprise Trust Award.
BO BURLINGHAM is editor-at-large—and former executive
editor—of Inc. magazine and chairman of the Small Giants Community (www.smallgiants.org). His book Small Giants:
Companies That Choose To Be Great Instead of Big was a finalist for the 2006 Financial Times/Goldman Sachs Business Book of the Year award. His most recent book, co-authored with Norm Brodsky, is Street Smarts: An All-Purpose Tool Kit for Entrepreneurs.
He has also written two books with Jack Stack. The first, The Great Game of Business, was named one of 100 best business books of all time. The second, A Stake in the Outcome, has been called “the first management classic of the new millennium.” Burlingham is currently working on a book about exits. He lives in Oakland, CA, with his wife of 41 years, Lisa. They have two children and three grandchildren.