Jack Stack
Jack Stack is an American businessman and author who is best known for his books, The Great Game of Business and A Stake in the Outcome. He is a sought-after keynote speaker and has been featured in numerous books and publications.
Jack Stack was born in 1953 and raised in California. After high school he was accepted into the US Navy where he rose to the rank of lieutenant commander. After his service he returned home and attended the University of California, Berkeley where he studied engineering and finance. His early career was spent in various banking and finance roles including working as a planner-controller for Accellent, a division of Peregrine Systems.
At Accellent, Jack Stack became the CEO and creatively turned the division around from financial ruin. He implemented a new and innovative open-book management system that he called the “Great Game of Business” (GGOB). With the new system, Jack Stack and his team achieved greater performance and profits by sharing knowledge and engaging everyone in the organization to take part in the business.
Jack Stack's first book, The Great Game of Business, was published in 1992. In it he details the GGOB system and how it can be used to motivate employees, increase profitability, and achieve organizational success. The book was instantly successful and positioned Jack Stack as a leader in the field of open-book management.
Over the years, the GGOB system has been embraced by organizations across the US. Companies such as Walmart, Microsoft, Starbucks, and Hyatt have implemented it and seen increased performance.
Jack Stack's second book, A Stake in the Outcome, was published in 2002. In it he describes how companies can increase performance, expand their competitive edge, and gain even greater profits by engaging employees and giving them a real sense of ownership.
Jack Stack has since spoken at various conferences and appeared on television programs, including CNBC and MSNBC. He is a sought-after keynote speaker and continues to influence the business world through his writing and speaking engagements.
Jack Stack has been recognized with many awards and accolades, including being named “Entrepreneur of the Year” by U.S. Bank. His philosophies have been embraced by organizations around the world and have significantly changed the way businesses are run. Jack Stack is a true innovator and leader in the world of open-book management.