The blog post notes that our profits have increased 211 percent in the three years we've been using the Great Game's open book management system and other practices.
Other Great Game of Business Results
The above graphic shows just some of the outcomes that occur when companies and organizations follow the Great Game of Business methodology: everything from saved jobs to increased giving to skyrocketing EBITDA. For our Intrust employees, it's been both a motivator and a tool for us to use to move more quickly to becoming an employee-owned company.
If you have questions about the Great Game of Business and how it could help improve your company, we'd be happy to share our experiences. Contact us today. Or, share this post with your own Great Game of Business results!
How the Great Game of Business Helped Intrust IT Transfer Ownership to Employees
As part of GGOB, we are continuing to develop the financial literacy of our team to help them continue to prosper as owners. As a managed service provider, our understanding our our financials helps us serve our customers even better.
We maintain open books through the GGOB style so our employees can follow the flow of money through the company. The culture at Intrust rests on the camaraderie bolstered by GGOB. Every employee has budget line items to oversee, and the budget discussions during our Tuesday huddles are spirited and in-depth.
We originally planned to transition the company in 2020 by selling part of the business through an ESOP. But, by following the Great Game of Business (GGOB), our company became debt-free ahead of schedule, and the ESOP transition began in 2018.
In 2019, Intrust IT employees participated in an Employee Stock Ownership Plan that transferred ownership to the individuals.