A NEW YORK TIMES BESTSELLERKoch Industries is one of the largest private companies in the world with an estimated worth of 100 billion But what makes this company so profitable? You won&t find its name on the connectors in your smartphone or your baby&s ultra-absorbent nappies but Koch makes these & many other innovations driven by its Market-Based Management (R) system for generating good profit Good profit results from products & services that improve people&s lives It results from a culture where employees are empowered to be entrepreneurial & customer-focused Drawing on stories from his nearly six decades in business Charles Koch shows how any company industry or organisation can Thrive in spite of disruption & changing consumer values Create accountability with ownership & decision rights for employees based on their comparative advantages & contributions not job title Foster a culture of knowledge-sharing that rejects bureaucracy & hierarchy Offer employees compensation limited only by the value they create
- not budgets or policy A must-read for leaders entrepreneurs students & anyone who wants a more civil fair & prosperous society Good Profit is destined to rank as one of the greatest management books of all time & This book helps show you the way to good profit
- whether you work for an international supermarket chain a medium-sized regional business or your own start-up& John Mackey Co-Founder & Co-CEO Whole Foods Market