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    Good Profit: How Creating Value for Others Built One of the World's Most Successful Companies
    Unavailable
    Good Profit: How Creating Value for Others Built One of the World's Most Successful Companies
    Unavailable
    Good Profit: How Creating Value for Others Built One of the World's Most Successful Companies
    Audiobook9 hours

    Good Profit: How Creating Value for Others Built One of the World's Most Successful Companies

    Published by Penguin Random House Audio

    Narrated by Paul Michael

    4/5

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    Currently unavailable

    Currently unavailable

    About this audiobook

    THE UNIQUE MANAGEMENT SYSTEM FROM A LEGENDARY CEO

    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 to 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.

    While you won't find the Koch Industries name on your home's stain-resistant carpet, your baby's more comfortable but absorbent diapers your stretch denim jeans, or your television with a better clarity screen, MBM™ drove these innovations and many more.

    Here, drawing on revealing, honest stories from his five decades in business - the company's many successes as well as its stumbles - Koch walks the listener 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.

    LanguageEnglish
    PublisherPenguin Random House Audio
    Release dateOct 13, 2015
    ISBN9780147520487
    Unavailable
    Good Profit: How Creating Value for Others Built One of the World's Most Successful Companies

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    Reviews for Good Profit

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    • 5/5
      Great book, good insight into the philosophy of Koch industries. I enjoyed it very much
    • 5/5
      Superb, very useful, amazing methodology and inspiring
      A must read for everyone interesting in leadership, business or personal development
    • 4/5
      Insightful concepts to lead effectively by focusing on people, rather than skimming to make poor profit.