The company who began the Great Game of Business, SRC stands for:
What is Springfield Remanufacturing Corp?
100
A short-term activity designed to correct a weakness or pursue an opportunity in the company. They should all have a goal, a timeframe, a scoreboard, and a reward for winning
What is a Mini Game?
100
HB McClure began as Fisher McClure in 1914 and was incorporated to HB McClure Company this year
What is 1931?
100
The amount of sales we recognize on the income statement. Also referred to as the Top Line.
What is Revenue/Income?
100
ESOP stands for...
What is Employee Stock Ownership Plan?
200
City/State where SRC was located & the Great Game of Business began
What is Springfield, Missouri?
200
A weekly ritual for calculating the score of the game. We can see the whole field before us. We know who is where and how the game is unfolding, and what each of us has to do to make sure we keep moving closer to the goal line.
What is a Huddle?
200
HB Vision *revolves* around three specific components, they are:
What are Engaged Employees, Raving Fans, and Superior Financial Results.
200
Measures our financial performance over a specific accounting period. It is made up of Revenue, Direct & Indirect Costs, Gross Profit, COP, other income & expenses.
What is the Income Statement or Profit and Loss (P/L)?
200
The year in which HB McClure became an ESOP company
What is 2010?
300
A management approach whereby employees are provided with company financial information to enable them to make better business decisions.
What is Open Book Management?
300
Heart of the Great Game of Business and defines the operational or financial number that represents a weakness or vulnerability that if not addressed and corrected, will negatively impact the overall performance and long-term security of the business.
What is the Critical Number or COP?
300
HB Brand Promise remains as Trust, Quality and Value...since 1914: Name three (3) of the newly appointed six (6) HB Way-Core Values.
What are People, Trust, Pride, Growth, Grit and Excellence?
300
Pertains to amounts on a balance sheet that are posted to the P&L in increments over time. Sometimes called "pots".
What is an Accrual?
300
The number of years it takes an employee to be 100% fully vested
What is 6 or more?
400
Great Game of Business Founder
Who is Jack Stack?
400
Fundamental way in communicating forward looking, educational numbers to the team.
What is a Forecast?
400
The HB in HB McClure stands for...
Who is Herbert Bassett?
400
A complete record of financial transactions. Each account for holding information that is needed to prepare financial statements. These hold monetary information and then are dumped out monthly to create the income statement. We have over 850 of these combined w/ HB and Landes.
What are GL's or General Ledgers?
400
Board of Directors appointed Trustee
Who is Mark Caldwell?
500
Where we identify and break out our critical number and drivers. **Place them HERE for all to see.** Talk about them. Teach and learn about them. Assign responsibility for them. Track them. Most importantly, be sure to move them in the right direction.
What is a Scoreboard/Scorecard?
500
The difference between the forecast and the plan/budget in terms of a percentage.
What is Variance?
500
HB McClure previously held office at 1515 Derry Street in Harrisburg until this year when the building that sits on S 17th Street is the home office.
What is 1999?
500
Costs associated with the actual work being completed.
Ex: Labor, Material, Subcontracts, Equipment
What are Direct Costs?
500
True or False: You are eligible to be a part of the ESOP the day you become an employee of HB McClure Company
What is False?
You must be 21 years of age and have completed at least one year of service.