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    Cover of The great game of business

    The great game of business

    Jack Stack · 1992

    Business & Management
    Open LibraryAmazon
    Stats for nerds
    4recommend
    8mentions
    6people
    2010–2024years
    75% recommend25% neutral

    Mentions per year

    20102012201420162018202020222024

    What Hacker News says

    1. skmurphyOct 2024
      I am not "Roger," but I can recognize someone who has long and practical experience with managing metrics and KPIs and their interaction with process improvement. Instead of an "expiration date" I would encourage you to define a "re-evaluation date" that allows enough time to judge the impact and efficacy of 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 his philosophy:

      "A business should be run like an aquarium, where everybody can see what's going on--what's going in, what's moving around, what's coming out. That's the only way to make sure people understand what you're doing, and why, and have some input into deciding where you are going. Then, when the unexpected happens, they know how to react and react quickly. "

      Jack Stack in "Great Game of Business."

      thread
    2. lansteinMar 2023
      Advice to Founders and CEOs

      - Dear Founder (Maynard Webb) - The Hard Things About Hard Things (Ben Horowitz) - Straight Talk for Startups (Randy Komisar and Jantoon Reigersman) - The Founders’ Dilemmas (Noam Wasserman) - The Entrepreneur’s Daily Nietzsche (Brad Feld and Dave Jilk) - Build (Tony Fadell) - Zero to IPO (Frederic Kerrest) - The Great CEO Within (Matt Mochary)

      Finance

      - Wharton's Introduction to Financial Accounting course: [https://www.coursera.org/learn/wharton-accounting](https://w... - How Finance Works: The HBR Guide to Thinking Smart About the Numbers (Mihir Desai) - 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 fit)

      - Crossing the Chasm (Geoff Moore) - Zone to Win (Geoff Moore) - Only the Paranoid Survive (Andy Grove) - Blitzscaling (Reid Hoffman and Chris Yeh) - The Innovator's Dilemma (Clayton Christensen) - Good to Great (Jim Collins) - Playing to Win (A.G. Lafley and Roger Martin) - Tape Sucks (Frank Slootman) - Strategy vol. 1&2 (Harvard Business Review)

      Pricing

      - Monetizing Innovation (Georg Tacke and Madhavan Ramanujan) - Confessions of the Pricing Man (Hermann Simon)

      Startup Phase

      - The Lean Startup (Eric Ries) - The Four Steps to the Epiphany (Steve Blank) - Zero to One (Peter Thiel)

      Management/Leadership

      - The Effective Executive (Peter Drucker) - Managing Humans (Michael Lopp) - The Art of Leadership (Michael Lopp) - High Output Management (Andy Grove) - Managing Oneself (Peter Drucker) - Essentials: Management (First Round Capital) - The Making of a Manager (Julie Zhuo) - The Powell Principles (Oren Harari) - Radical Candor (Kim Scott) - Leading Matters (John L. Hennessy) (fantastic book list in the coda) - Turn the Ship Around (L. David Marquet) (this is THE book on delegation) - Principles (Ray Dalio)

      COO/Succession Planning

      - Riding Shotgun (Nathan Bennett and Stephen A. Miles)

      People Performance/HR/Culture

      - Powerful (Patty McCord) - No Rules Rules (Reed Hastings and Erin Meyer) - Netflix culture deck - The Five Dysfunctions of a Team (Patrick Lencioni) - Work Rules! (Laszlo Bock) - It Doesn’t Have to Be Crazy at Work (DHH and Jason Fried) - The Culture Map (Erin Meyer) - The Talent War (Mike Sarraille and George Randle) - Great People Decisions (Claudio Fernández-Aráoz) - The Holloway Guide to Technical Recruiting and Hiring (Ozzie Osman) - Punished by Rewards (Alfie Kohn)

      Purpose, Passion, and Self

      - Start with Why (Simon Sinek) - What You Do is Who You Are (Ben Horowitz) - Drive (Daniel Pink) - Mindset (Carol Dweck) - Grit (Angela Duckworth) - The Almanack of Naval Ravikant (Eric Jorgenson)

      Fundraising/VC

      - Secrets of Sand Hill Road (Scott Kupor) - Venture Deals (Brad Feld and Jason Mendelson) - Raising Venture Capital (Andy Sparks) - The Business of Venture Capital (Mahendra Ramsinghani) - Done Deals (Udayan Gupta) - The Power Law (Sebastian Mallaby) - VC (Tom Nicholas)

      Board

      - Boardroom Excellence (Paul Brountas) - Startups Boards (Brad Feld and Mahendra Ramsinghani)

      M&A

      - Winning (Jack Welch) - M&A chapter - Connecting the Dots (John Chambers) - M&A chapter

      Marketing

      - Data-Driven Marketing (Mark Jeffery) - Positioning (Al Ries and Jack Trout) - Scientific Advertising (Claude Hopkins) - Traction (Gabriel Weinberg and Justin Mares) - Behind the Cloud (Marc Benioff and Carlye Adler) - Ogilvy on Advertising (David Ogilvy) - Marketing High Technology (William Davidow)

      Psychology

      - Influence (Robert Cialdini)

      Negotiation

      First, read Influence (under Psychology), then, in order

      - Thinking in Bets (Annie Duke) - Getting to Yes (Roger Fisher and William Ury) - Never Split the Difference (Chris Voss) - The Bald Truth (David Falk)

      Self

      - The 7 Habits of Highly Effective People (Stephen Covey)

      Design and UX

      - Creative Confidence (Tom Kelley and David Kelley)

      AI (Machine Learning, Deep Learning/Neural Networks)

      - Andrew Ng's AI for Everyone course: [https://www.coursera.org/learn/ai-for-everyone](https://www....

      Growth (Data Science, etc.)

      - Hacking Growth (Sean Ellis and Morgan Brown)

      Graph Theory

      Product

      - Inspired (Marty Cagan) - Joel on Software (Joel Spolsky)

      Customer Loyalty/Customer Success

      - Delivering Happiness (Tony Hsieh) - Setting the Table (Danny Meyer)

      Finding a Startup Job

      - Entering StartupLand (Jeffrey Bussgang)

      CIO as ICP

      - The CIO Paradox (Martha Heller) - Be the Business (Martha Heller)

      Stories

      - Made in America (Sam Walton) - Shoe Dog (Phil Knight) - The Everything Store (Brad Stone) - Built from Scratch (Bernie Marcus and Arthur Blank) - Hard Drive (James Wallace) - Steve Jobs (Walter Isaacson) - Elon Musk (Ashlee Vance) - Creativity, Inc. (Ed Catmull) - The Ride of a Lifetime (Bob Iger) - Valley of Genius (Adam Fisher) - The Idea Factory (Jon Gertner) - Dealers of Lightning (Michael Hertzik) - Idea Man (Paul Allen) - Pour Your Heart Into It (Howard Schultz)

      thread
    3. bradb3030Nov 2022
      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 are blocked.

      Obviously I don't know the situation and the mindset of leadership, but I wouldn't ridicule what you suggested as stealing their IP. They're getting a % ownership in a company in hopes of it becoming a valuable asset -they'd be making a choice.

      thread
    4. lansteinAug 2022
      All of it. (the financials are what matter most) Check out “The Great Game of Business” which does a great job of explaining why.
      thread
    5. rmasonApr 2017
      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.

      thread
    6. skmurphyMar 2010
      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 moving around,
         what's coming out. That's the only way to make sure people
         understand what you're doing, and why, and have some input into
         deciding where you are going. Then, when the unexpected happens,
         they know how to react and react quickly."
      thread

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