Sunday, December 6, 2009

The Great Game of Business or Crossing the Unknown Sea

The Great Game of Business

Author: Jack Stack

In the early 1980s, Springfield Remanufacturing  Corporation (SRC) in Springfield, Missouri, was a  near bankrupt division of International Harvester.  That's when a green young manager, Jack Stack,  took over and turned it around. He didn't know how to  "manage" a company, but he did know about the  principal, of athletic competition and democracy:  keeping score, having fun, playing fair, providing  choice, and having a voice. With these principals  he created his own style of management —  open-book management. The key is to let everyone in on  financial decisions. At SRC, everyone learns how to  read a P&L — even those without a high school  education know how much the toilet paper they use  cuts into profits. SRC people have a piece of the  action and a vote in company matters. Imagine  having a vote on your bonus and on what businesses the  company should be in. SRC restored the dignity of  economic freedom to its people. Stack's  "open-book management" is the key — a system  which, as he describes it here, is literally  a game, and one so simple anyone can use  it. As part of the Currency line, the  book includes a "User's Guide" — an  introduction and discussion guide created for the  paperback by the author — to help readers make  practical use of the book's ideas. Jack Stack is the  president and CEO of the Springfield Remanufacturing  Corporation, in Springfield, Missouri. The recipient  of the 1993 Business Enterprise Trust Award, Jack  speaks throughout the country on The  Great Game Of Business and Open  Book Management.

Library Journal

Stack and Burlingame offer an exploration of one of today's hottest management strategies: The Game. Making business into a game with goals, scoring, and chances to win greatly improved Stack's company, Springfield Manufacturing Corporation (SMC). Additionally, SMC adopted an open-book management policy, wherein employees were told exactly how the company was performing financially, while SMC managers added employee bonuses when targets were achieved. The authors demonstrate how involving employees in business planning and giving them a financial stake in the outcome of their work can reap amazing benefits. Some costs are undoubtedly associated with this strategy and there may be other problems related to "laying out the books" for all to see. Yet Stack, who also serves as reader, offers many useful ideas that can benefit people in management. Recommended for business collections.-Mark Guyer, Stark Cty. Dist. Lib., Canton, Ohio



See also: Rigged or 22 Immutable Laws of Marketing

Crossing the Unknown Sea: Work as a Pilgrimage of Identity

Author: David Whyt

Crossing the Unknown Sea shows how poetry and practicality, far from being mutually exclusive, reinforce each other to give every aspect of our lives meaning and direction. For anyone who wants to deepen their connection to their work-or find out what their life's work is-this book is essential to navigating the way.

Author Biography: David Whyte has introduced poetry into such companies as American Express, Boeing, and Toyota as a tool for understanding individual and organizational creativity. In addition to four volumes of poetry, he is the author of The Heart Aroused: Poetry and the Preservation of the Soul in Corporate America.

Washington Post

Leave it to a poet to find the poetry in the world of work.

Publishers Weekly

Readers who accept poet and Fortune 500 consultant Whyte's invitation to enter into "an imaginative conversation about life and work" are likely to be challenged as well as delighted by the beauty of his writing and the expansiveness of his views. Gracefully using the metaphor of a sea voyage to depict the journey through the world of work, Whyte views work not only as a means of support, but as a means for interacting with the world and developing self-expression and identity. While he draws on the philosophical underpinnings of the self-help movement aimed at finding one's "inner compass," Whyte doesn't offer the step-by-step pragmatism of other books. Instead, his approach is subtler and more organic, presenting an abundance of provocative ideas, especially on one's relationship with time and daily ritual, on the importance of dignity and ethics and on honoring the labor of one's ancestors. Interwoven with and undergirding Whyte's philosophy are passages of memoir, detailing his unique experiences as a naturalist in the Gal pagos Islands, for example, together with poetic references from Whitman, Spender, Dickinson, Rilke, Wordsworth and Whyte's own works. Even Whyte's friends are wise, as evidenced by a monk who tells him that the antidote to exhaustion is not rest but "wholeheartedness." Thoughtful readers will wholeheartedly savor this book. Agent, Ned Leavitt. (Apr. 2) Forecast: Whyte established a core audience with the much-praised The Heart Aroused: Poetry and the Preservation of the Soul in Corporate America and through his business seminars on creativity. A six-city author tour, selection by the One Spirit Book Club and a recent excerpt in Oprah's magazine mark this as a title to watch. Copyright 2001 Cahners Business Information.

Library Journal

In the midst of all the arid, bullet point-ridden business books, Whyte's stands out with its languid I'll-get-to-the-point-when-I'm-damned-good-and-ready approach. A poet, corporate trainer, and author of The Heart Aroused: Poetry and the Preservation of the Soul in Corporate America, Whyte challenges readers to remember their childhood interests and enthusiasms. He claims that this is necessary in order to escape the deadening influences of adult "musts" and "shoulds" and to recapture the passion that one needs to do good work. Whyte discusses his own career changes, from naturalist to nonprofit executive to writer/presenter/coacher. Echoing Fortgang, his main point is the popular "Do what you love and the money will follow," but he personalizes it by telling his own story and by including snippets of focused poetry (his own and others'), so that it's not as hackneyed as it may sound. Because an excerpt appeared in the March 2001 issue of O: The Oprah Magazine, there's sure to be demand in public libraries. Copyright 2001 Cahners Business Information.



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