Great business culture

Author: Jack Stack
Publisher:
Publish Date: 2004-01-01
Features: ● This book is a classic management bestseller from The New York Times; ● A management classic of the new millennium; ● The ultimate solution to motivate employees; ● A new work by the founder of open-book management; ● Compared to traditional Western business systems, the corporate system established by the Springfield Re Company differs greatly, and this new business model has made a huge impact in Western business circles; ● From the perspective of corporate culture, it explains how to educate employees to think and act like owners, how to implement effective employee stock ownership plans, how to encourage continuous learning at all levels of the organization, how to stimulate employee competitiveness, how to strengthen the concept of leadership and its representatives being responsible for the company, and how to build a workforce that acts quickly and is always ready to seize opportunities; ● This book is suitable for managers and decision-makers in various types of enterprises.
In 1983, the Springfield Re Company was founded in the United States. It was a company primarily engaged in repairing used engines. Due to adopting a set of unique and highly effective corporate management systems (including open-book management, corporate tournaments, owner culture, and grand consultations), the company's profits grew at an astonishing speed, creating a miracle in the history of American business and was hailed by Business Week as the "Holy Land of Management." Hundreds of business professionals visit the company each year to study its management systems. Springfield Company holds dozens of seminars annually, eager to share its experience with others. Many famous companies have already begun to adopt this system or parts of it. The open-book management pioneered by Springfield Re Company has become a well-known management method in the global business world.
The newly released The Great Business Game and The Great Business Culture are complementary sister books, both written by Jack Stack, the designer of this system and the president of Springfield Re Company. The Great Business Game explains from the perspective of the company's operational timeline how to implement open-book management, conduct corporate tournaments, hold grand consultations, and the specific details of incentive bonus plans, etc. The Great Business Culture, on the other hand, explains from the perspective of corporate culture how to educate employees to think and act like owners, how to implement effective employee stock ownership plans, how to encourage continuous learning at all levels of the organization, how to stimulate employee competitiveness, how to strengthen the concept of leadership and its representatives being responsible for the company, and how to build a workforce that acts quickly and is always ready to seize opportunities, etc.
The corporate system established by Springfield Re Company differs greatly from traditional Western business systems. The significant impact this new business model has had on Western business circles also partially illustrates that the business operations introduced in these two books are worth considering and referencing for all Chinese entrepreneurs.