In the early 1980s, Springfield Remanufacturing Corporation (SRC) in Springfield, Missouri, was a near bankrupt division of I...
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May 12, 2011
Sid
rated it: 
What if your employees always saw the bigger picture? What if they were as motivated to make the business succeed as you are? What if they all understood the nuts and bolts of running a business, and treated the company as their own?
One of my favorite business books. It is simple to read, and compelling because the philosophy of open book management appeals to me. Stack does a good job of describing their approach in such a way that you can almost live it with them, and visualize way t More...
One of my favorite business books. It is simple to read, and compelling because the philosophy of open book management appeals to me. Stack does a good job of describing their approach in such a way that you can almost live it with them, and visualize way t More...
Oct 18, 2008
Adam
rated it: 
I read this during a time when the company I was working for was considering making the switch to open book management. Our business was interested in getting the benefits of open book, employee owned operations, without offering employee ownership. Following reading this book I attended one of the Great Game seminars.
The concept is great: make everyone with a stake in the business an owner. Put the accounting books in the open for all to see, so everyone has accountability and re More...
The concept is great: make everyone with a stake in the business an owner. Put the accounting books in the open for all to see, so everyone has accountability and re More...
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Sep 20, 2007
Cameron
rated it:
If you think business is too secretive and that this is stupid, you should definitely check this out. It's a pretty cool story about how a business can be run in a different way. In brief, some guy bought a remanufacturing plant in BuFu in the early 1980s by leveraging his and his partners assets 90 to 1. Somehow he didn't go out of business, and instead built a phenomenally successful company. The secret to his success is so-called open book management: opening your books to your employees
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Dec 03, 2008
Darcy
rated it:
Great book. I particularly like the emphasis the author puts on leveraging the expertise/knowledge of everyone in the company. So many companies work top down. The little guys in the company are good problem solvers too. And the author provides a good model/principles for a manager to get the most out of their people.
Dec 02, 2009
Phillip
rated it: 
Educate employees about the business. Open your books to the employees. Make employees partners in the business' success. Let them earn an ownership stake in the company. Turn around any company, no matter the challenges. Employees can lead the company to success!
Dec 15, 2008
Jon
rated it:
This is an excellent book about how ownership structure, and a patient teacher, can create wholesale positive change for an organization.
May 08, 2009
Todd
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This book was included in my book: The 100 Best Business Books of All Time. www.100bestbiz.com
Dec 16, 2007
Rob
rated it:
Outstanding book for those who want to strive to be more. I work within a company that currently does not have open book accounting practices and it is painful not knowing why each year there is no money left for bonuses. Jack's ideas and practices are simple, common sense ideas that many should follow. I was advised to read this book by SMA Consulting of Orlando as part of their construction series readings. A must have for those looking to help themselves out in the long run.
Apr 05, 2010
Matt
rated it:
Great introduction into open book management. It's hard NOT to implement some of his principles as soon as you've read it. Because he implemented the process in such an unlikely industry it has given me hope that it will work in almost any application. Even if you think you would never consider open book management you should read this book.
Nov 18, 2008
Adam
rated it: 
OK some good ideas for leadership, managment, and employee incentives. Give it a look through and read the chapters that might fit your business and skip the ones that don't. He works at a manufacturing facility some experiences translate into other business and others don't.
Jun 10, 2009
Michael
rated it:
A great business philosophy. Tell your employees what's going on and get them involved in the company operations. Simple and effective.
Jul 19, 2008
Kevin
rated it:
An interesting take on business and ways to run a business successfully... inspiring.
Easy to read and get a lot out of.
Easy to read and get a lot out of.
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