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Item Information       Summary     More Content     More by this author     Koch, Charles G. (Charles de Ganahl), 1935- author.     Subjects     Industrial management.     Organizational behavior.     Browse Catalog     by author:      Koch, Charles G. (Charles de Ganahl), 1935- author.       by title:      Good profit [electro...         MARC Display

Good profit [electronic resource] : how creating value for others built one of the world's most successful companies / Charles G. Koch. by Koch, Charles G. (Charles de Ganahl), 1935- author. [New York] : Crown Business, c2015. Subjects Industrial management.   Organizational behavior. Electronic Resource http://hawaii.lib.overdrive.com/ContentDetails.htm?ID=E05D67DD-6BE4-4B36-AC0B-9229C347A212 This title is available online; click here to access Electronic Resource http://images.contentreserve.com/ImageType-100/0111-1/{E05D67DD-6BE4-4B36-AC0B-9229C347A212}Img100.jpg ISBN:  9781101904145 (electronic bk.) 1101904143 (electronic bk.) Description:  1 online resource. Requests:  0 Summary:  In 1967, Charles Koch took the reins of his father's company and began the process of growing it from a $21 million start-up into a global corporation with revenues of about $115 billion, according to Forbes. So how did this MIT engineer manage grow Koch Industries into one of the largest private companies in the world today with growth exceeding that of the S&P 500 by almost 30-fold over the last five decades? Through his unique five-dimensional management process and system called Market-Based Management. Based on five decades of cross-disciplinary studies, experimental discovery, and practical implementation across Koch companies and their 100,000 employees worldwide, the core objective of Market-Based Management's framework is as simple as it is effective: to generate good profit. What is good profit? Good profit results when a company creates value for customers in a way that helps them improve their lives. Good profit is the result of innovations that customers freely vote for with their own dollars; it's the result of business decisions that create long term value for everyone--customers, employees, shareholders, and society. Koch walks the reader step-by-step through the five dimensions of Market-Based Management to show stockholders, entrepreneurs, leaders, students -- and innovators, supervisors and employees of all kinds, in any field --how to apply the principles to generate Good Profit in their organizations, companies, and lives.From the Hardcover edition.   Copy/Holding information No Item Information

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