The Great Game Of Business

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Jack Stack’s book “The Great Game of Business” describes a business management technique known as Open-Book Management. Mr. Stack developed this technique while he and twelve other managers turned an almost bankrupt division of International Harvester into one of the most successful companies in America, the Springfield Remanufacturing Corporation. This turnaround was made possible by “playing” the “Great Game.” Mr. Stack states, “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 financial outcome, good or bad.” In order to give the employees a voice, the employees must understand why the game is played. Employees need job security. They need to feel their job will exist as long as they want to work for the company. Employees should look forward coming to work. Not show up because just they have to. They also, need to think and act like owners. When the employees understand how the complete organization operates and relies on each and every department, they will be more willing to communicate and help other departments. One of the main fundamentals of The Great Game of Business is to create a team. Games should be played that build teams. That being said, the games played that create a winner and a loser should be avoided. Also, it does not matter how big or small the win is. All wins should be celebrated. Everyone should have the same set of goals. This allows the entire origination to win as a group. The more people know about a company, the better that company will perform. You will always be more successful in business by sharing information with the people you work with than by keeping them in the dark. Information should be used to educate employees. It should not be used to intimidate, control or manipulate people. It should also be used to

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