Jack Stack bio

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.

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Inspired By Ancient Traditions To Build A 100-Year Company

I found inspiration for my Evergreen business in Kyoto, Japan, among gold-leaf artists and geisha.

 

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How Diversification Helped Our Business Survive And Then Thrive

A lot of companies focus on doing one thing well. We think an Evergreen company needs to do several things well in order to succeed over the long haul.

But multiple business lines and far-flung geographic markets were not something we considered in the early days of our company. In 1998, San Francisco was teeming with young dot-com companies. Money was flowing, and workers were sick of unhealthy foods littering their offices.

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Unexpected Lessons From Iraq: Effective Meetings

Meetings are an oft-bemoaned part of life in corporate America: too long, too many and mostly seen as simply a waste of time. But in today’s challenging environment, how your organization meets is crucial to whether you succeed or fail.

As information speeds around the Internet virally, problems crop up more quickly than ever. To avert disaster, companies need to be nimble enough to deal with those problems quickly and efficiently.

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Prepare for the Day You Step Away

Leadership succession for founders of Evergreen companies.

There are so many ways for CEO succession plans to go wrong. Sometimes the old CEO is not really ready to let go or the new CEO isn’t properly prepared to take the reins. There can be factions; there can be mutinies. Missed communications and hurt feelings can set a company back for months or crater it altogether.

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Why You Should Make It Easy For Employees To Leave

Don’t invest in finding ways to make people stick around. Just make it easy for them to leave. That is the best retention strategy and it is pretty simple.

It may seem backward. While companies everywhere spend a great deal of time and money creating employee-retention strategies, I’ve found you can actually build a happier workforce by focusing on the opposite. I co-founded Call-Em-All, a group calling and texting service, in 2005. It was important to me to build a staff that would be as engaged and energetic as possible. Disengaged employees? Raise your hand and opt out. We’ll help you on your way.

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What George Washington Can Teach Evergreen Entrepreneurs

The entrepreneur’s life seems to involve endless toil and anxiety punctuated by the occasional success and, sometimes, an hour of cheerful distraction. That’s how it is for me, anyway. So when I strolled into a primitive flour mill at George Washington’s Mount Vernon estate in Alexandria, Virginia, one evening in October, I thought I was in for the distraction part of my chosen field.

I assumed Washington’s famous plantation would serve as a mere backdrop for the intensive two-day leadership workshop the Tugboat Institute set up for us. Hell, what could a wealthy ex-president in a powdered wig possibly teach a bootstrapping tech-savvy modern businessman like me?

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The Virtue Of The Four-Day Workweek

The greatest thing I ever did for my maternity apparel company, Ingrid & Isabel, was give my employees a four-day workweek.

I did this initially for myself, to create the kind of work-life balance I had always dreamed of having in a career. But it turned out to be just the right spark for corporate success.

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The 116-Year-Old Evergreen Business

Choosing the Evergreen path can sometimes seem like a daunting challenge. Many entrepreneurs ask themselves: Can I build a business that will be profitable and grow strong without outside investors?

My company is proof that yes, you can. I am the third-generation owner of San Francisco-based McRoskey Mattress Co., which my grandfather cofounded in the late 19th century. Over 116 years, McRoskey has remained a private company dedicated to its people and paced growth.

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Six Ways Evergreen Companies Can Attract Top Talent

“Why should I come work for you?”

If you’re a recruiter for a sexy Silicon Valley start-up that just landed millions of dollars in new funding, this is an easy question to answer. Outrageous perks like free dry cleaning, free gourmet lunches and sleep pods might seem, on the surface, more exciting to job seekers than the steady, paced and profitable growth an Evergreen company can boast.

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