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The Great Game of Business
Unlocking the Power and Profitability of Open-Book Management
by Jack Stack with Bo Burlingham

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The most important and natural 'we-they' partition in a business is between the 'we' members within the business organization and the 'they' external to the business.

Most businesses are unnecessarily wracked with the extra pain of artificially induced and often intentionally heightened partitions of 'we' management and 'they' workers (or the other way around, depending on which 'we' identify with). Open Book Management is one powerful means to tear down those performance-robbing barriers, especially in the dejobbed small businesses and Small Is Good Business Webs of nanocorps built on trust and appreciation of collaborative realtions.

The key, according to Stack and Burlingham, is to start with a strong dose of employee ownership. To this fledgling seed of pride of ownership, add a sackful of honest, open communication and total employee involvement in shaping the future of the company. Stack makes a great case to open up the financials and teach everyone the 'rules of the game', that is, basic managerial accounting. Put the communication channels in place to support near real-time reporting of results and feedback loops to tune performance to goals... and look out!

• The Nanocorp Primer #2: New Economy Venture Capital: A Nanocorp Perspective New Ways to Play the Great Game of Business: Explore a "then and now" perspective contrasting Industrial Era venture capital and New/Network Economy venture capital. A new Millennium deserves new rules for the Great Game of Business!
• The Great Game of Applied R&D: Making Small is Good Real in the New Economy: Learn more about the TechSIG Sponsor Challenge, an approach we're developing to engage research sponsors in the progress of technologies supporting Small Is Good Business Webs.
• The Nanocorp Primer Series: Open-book management is an inspiring foundation for the story-driven, game-oriented nature of the commerce engine underlying Small Is Good Business Webs.

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