01:01 – Michael introduces today’s guest, Jack Stack04:21 – Jack’s origin story and the goal of The Great Game of Business14:25 – The importance of forward-thinking forecasting20:29 – The secret sauce of The Great Game of Business27:50 – The importance of the critical number34:14 – Jack speaks to a story in his latest book, Change The Game38:03 – The importance of creating jobs39:59 – Michael and Jack discuss the value of culture45:13 – Jack provides some final observations and takeaways on business49:34 – Jack talks about the state of the economy53:57 – Michael thanks Jack for joining the show and for the great work that he’s doing54:23 – Where listeners can follow Jack56:08 – Where to find Michael’s Functional Team ScorecardTWEETABLE QUOTES“I began to realize there’s two ways of leading a company. One is by a product and service and then one is these people look at the company from a totally different set of metrics. I’m trying to make a precision flywheel and they’re trying to make a precision balance sheet.” (07:26)“If you’re not creating new businesses in your companies right now, your survival’s gonna be very very small in the future.” (21:38)“If you can forecast, you can actually control the world.” (24:40)“You need sales. There’s no question you need sales, ok? But sales without margins is just more work.” (33:04)“Selling EBITDA is like selling a house with only one bathroom.” (39:34)“When you appeal to the highest level of thinking, you get the highest level of performance.” (45:47)RESOURCE LINKSMichael’s LinkedInMichael’s WebsiteThe Functional Team ScorecardJack’s LinkedInJack’s WebsiteBOOKS MENTIONEDJack’s Books – The Great Game of Business & Change The GameGet In The Game