This Springfield, Missouri, manufacturing company is run using "the power of open-book management." This means that every employee has access to information about, investment in the ownership of, and genuine invitation to work towards the fiscal success of the company. By using the balance sheet and the projected income statement as weekly scoring guides and involving every employee in the weekly conversations to check whether every department is on track for the goals, the company has a team spirit that is going for the championship trophy i.e. significant bonuses and profit for all. Stack's easy to read book is common sense psychology at its best and it works a lot because of the respect he has for regular people to make choices that are wise if they have a stake in their outcomes. Treating the financial documents as the main way to score the game of business takes some of the fear factor away, I think. The growth of his company validates the approach.
Jack Stack, The Great Game of Business, c. 1992, 1994, Doubleday
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