The great game of business
by Jack Stack · first published 1992
8mentions
4recommended by
6HN commenters
2010–2024first – last mentioned
67% recommend33% neutral
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This reminded me of a great suggestion by Jack Stack in "The Great Game of Business" (top of page 72 see http://www.amazon.com/Great-Game-Business-Jack-Stack/dp/0385... ) "A business should be run like an aquarium, where *everybody* can see what's going on--what's going in, what's…
on “A good company looks like a good Open Source project” ↗Whether you're planning a worker cooperative or just open to sharing the businesses financials with the workers there's a book you should read, Jack Stack's the great game of business: https://www.amazon.com/Great-Game-Business-Expanded-Updated/... He practices what he preaches and hundreds visit his company every year to see how it works in practice.
on “A document to help you start a tech cooperative” ↗Your description reminded me of a book: The Great Game of Business - Jack Stack It describes employee-owned companies and frames the type of spinoff you described as a positive investment, mutually beneficial, to re-leverage debt and provide growth for leaders that…
on “Ask HN: I want to propose spinning out my work from current employer. How?” ↗…the metrics proposed and make course corrections as needed (each with its own review dates). One good book on the positive impact of a metric that everyone on a team or organization understands is "The Great Game of Business" by Jack Stack https://www.amazon.com/Great-Game-Business-Expanded-Updated-... I reviewed it at https://www.skmurphy.com/blog/2010/03/19/the-business-is-eve... Here is a quote to give you a flavor of…
on “Goodhart’s law isn’t as useful as you might think (2023)” ↗…Financial Intelligence for Entrepreneurs: What You Really Need to Know About the Numbers (Karen Berman and Joe Knight) Open-Book Company (Employee Ownership, Financial Literacy, Goal-setting) - The Great Game of Business (Jack Stack and Bo Burlingham) Legal - Acceleration (Ryan Roberts) - The Entrepreneur’s Guide to Law and Strategy (Constance Bagley and Craig Dauchy) Company Strategy and Direction (post-product/market…
on “Ask HN: What books helped you in your entrepreneurship journey?” ↗All of it. (the financials are what matter most) Check out “The Great Game of Business” which does a great job of explaining why.
on “Ask HN: How much info should founders share with early stage employees?” ↗Several companies on this list are household names; Avis was run as a typical corporation, W. L. Gore has no managers, and Springfield ReManufacturing is discussed in Jack Stack's book _The Great Game of Business_ https://en.wikipedia.org/wiki/List_of_employee-owned_compani...
on “Why You Should Charge from Day One” ↗While Goodhart’s Law often occurs because of a narrow focus on a metric without understanding its role in the larger system, the approach in Jack Stack’s The Great Game of Business is to make targets an educational tool, teaching employees how to interpret and impact those targets responsibly. GGOB, by 1. involving employees in decision-making and teaching them about metrics,…
on “Goodhart’s law isn’t as useful as you might think (2023)” ↗