This chapter explores how fear can impede financial understanding and the importance of providing context to improve education outcomes. The speakers share examples of teaching employees the business side of things and the benefits it brings, such as increased performance and innovation. They emphasize the key principles of the Great Game of Business and the success of their bottom-up financial planning system.
Jack Stack is a business pioneer and one of the world’s best business strategists. He is Founder, President and CEO of SRC Holdings Corporation and is the author of two bestselling books: The Great Game of Business and A Stake in the Outcome. Jack has served as a world judge for the Ernst & Young Entrepreneur of the Year Awards Institute and as an advisor for this group since 1998. He has also written for Inc. Magazine and The New York Times and has addressed thousands of audiences on the topic of open-book management.
Jack joined host Robert Glazer on the Elevate Podcast to talk about open-book management, his entrepreneurial career, what's possible when employees have a stake in their companies, and much more.
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