Doing the Impossible

Doing the Impossible

Rather than watch his colleagues lose their manufacturing jobs at International Harvester during the bleakest days of the 1980s, Stack came up with a crazy idea: Why not lead a worker buyout of his division of the company? Stack vowed that if given the chance, he’d create a transparent workplace where the financials were not only open to inspection, but a mandatory part of employee training.

It took years for the new company, SRC Holdings, to get on its feet but by creating a strong culture around his model of Open-Book Management, Stack was able to create a sustainable business. His employees understand, and are invested in, helping make the company as profitable as possible. His technique is one that many Evergreen business leaders will want to embrace.

More Articles and Videos

Jack brown's full team copy

Find the Tool That Will Help You Grow

  • Aaron Ludwig
  • Jack Brown's Beer & Burger Joint
April 29, 2025
Ford Mennel on stage 1

Building From Crumbs

  • Ford Mennel
  • The Mennel Milling Company
April 22, 2025
Viking mold machine_715x405

Onshoring as an Evergreen® Strategy

  • Jonathan Deutsch
  • DEMA Engineering Company
April 15, 2025
YESCO bldg&employees

1,000 Years of Stewardship

  • Ryan Young
  • YESCO
April 08, 2025