The Science Success by Charles G. Koch audiobook

The Science Success: How Market-Based Management Built the World's Largest Private Company

By Charles G. Koch
Read by Erik Synnestvedt

Gildan Media 9781596591462
3.65 Hours 1
Format : Digital Download (In Stock)
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    ISBN: 9781596598850

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Charles Koch may well be the most successful businessman people have never heard of. Under his leadership, Koch Industries has become a dynamic and diverse enterprise that Forbes has called "the world's largest private company". This groundbreaking audiobook includes the same material used by leaders and employees of Koch companies to apply Marker-Based Management (MBM) to get results. Koch outlines this unique management methodology, developed and implemented by Koch Industries, which has experienced 2,000-fold growth since 1967. Today, Koch Industries has 80,000 employees in 60 countries; it had $90 billion in revenues in 2006. MBM is a scientific approach to management that integrates theory and practice while providing a framework for dealing with the ongoing challenges of growth and change. There really is a science behind success, and it can be applied to any organization. MBM is rooted in the Science of Human Action, and is defined by five dimensions: Vision: Determining where and how the organization can create the greatest long-term value Virtue and Talents: Helping ensure that people with the right values, skills, and capabilities are hired, retained, and developed Knowledge Processes: Creating, acquiring, sharing, and applying relevant knowledge, and measuring and tracking profitability Decision Rights: Ensuring the right people are in the right roles with the right authority to make decisions and are held accountable Incentives: Rewarding people according to the value they create for the organization When these dimensions are applied in an integrated, mutually reinforcing manner, they create continuous transformation and positive growth. Any organization - corporation, small business, nonprofit, or government agency - can apply these proven principles.

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Summary

Summary

Charles Koch may well be the most successful businessman people have never heard of. Under his leadership, Koch Industries has become a dynamic and diverse enterprise that Forbes has called "the world's largest private company". This groundbreaking audiobook includes the same material used by leaders and employees of Koch companies to apply Marker-Based Management (MBM) to get results. Koch outlines this unique management methodology, developed and implemented by Koch Industries, which has experienced 2,000-fold growth since 1967. Today, Koch Industries has 80,000 employees in 60 countries; it had $90 billion in revenues in 2006. MBM is a scientific approach to management that integrates theory and practice while providing a framework for dealing with the ongoing challenges of growth and change. There really is a science behind success, and it can be applied to any organization. MBM is rooted in the Science of Human Action, and is defined by five dimensions: Vision: Determining where and how the organization can create the greatest long-term value Virtue and Talents: Helping ensure that people with the right values, skills, and capabilities are hired, retained, and developed Knowledge Processes: Creating, acquiring, sharing, and applying relevant knowledge, and measuring and tracking profitability Decision Rights: Ensuring the right people are in the right roles with the right authority to make decisions and are held accountable Incentives: Rewarding people according to the value they create for the organization When these dimensions are applied in an integrated, mutually reinforcing manner, they create continuous transformation and positive growth. Any organization - corporation, small business, nonprofit, or government agency - can apply these proven principles.

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Author

Author Bio: Charles G. Koch

Author Bio: Charles G. Koch

Charles G. Koch is chairman of the board and CEO of Koch Industries, Inc. As a reflection of Mr. Koch’s business leadership and community involvement, he has received numerous honors and awards. He holds a bachelor’s degree in general engineering as well as two master’s degrees in nuclear and chemical engineering from MIT. He has been married to his wife, Liz, for forty-three years. They have two children and two grandchildren.

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Details

Details

Available Formats : Digital Download
Runtime: 3.65
Audience: Adult
Language: English