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We try to reward people according to the value they create, value they create in society and for the company.
Charles Koch
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Charles Koch
Age: 89
Born: 1935
Born: November 1
Businessman
Businessperson
Wichita
Kansas
Charles G. Koch
Charles de Ganahl Koch
Value
Create
Company
Society
Values
Trying
Reward
People
According
Rewards
More quotes by Charles Koch
If somebody is doing more and more to make other people's lives better, have them make all they can, if that's what drives them, because that's what we want.
Charles Koch
You've got to learn to work with others. One of my main values is, you learn this system of mutual benefit. That is, if you shirk and you try to make the other guy do more, he's going to do that to you.
Charles Koch
We must measure what leads to results, not simply what is easy to measure.
Charles Koch
If you've got a dirty job, the best way is to help each other and then you'll create this culture of mutual benefit. And then you've got to understand who your customer is and create value for them and so on.
Charles Koch
The role of business is to provide products and services that make peoples lives better - while using fewer resources - and to act lawfully and with integrity.
Charles Koch
My parents worked really hard at communicating other values they felt were important, such as integrity, courage, humility, treating others with dignity and respect, and having a thirst for knowledge.
Charles Koch
We try to evaluate how much value an employee is creating here and reward them accordingly.
Charles Koch
The old idea that some genius pulls all of this stuff out of the air is ridiculous. As Ridley pointed out, the only way Edison could invent the lightbulb is because all the elements had been developed before. That's obvious it wasn't just his genius - 20 others developed it at the same time. And that's true for almost every invention and discovery.
Charles Koch
A market system is not a profit system, it's a profit-and-loss system.
Charles Koch
We find that when we make an acquisition, or we have a hiring experience, that's one of the hardest things to change. If you've been working for a company where you didn't dare challenge your boss, or what's politically correct in the company, then it affects your career.
Charles Koch
Do you want to have your feelings hurt a little bit because you have some negative feedback, or do you want to continue down the disastrous track you're on and have a huge disaster? Talk about a bruised ego. It may ruin your career.
Charles Koch
I've been blessed by learning certain principles and values that transformed my life and enabled me to accomplish more than I really had the ability to do or ever dream possible. And so I decided that I wanted to give as many other people as possible the opportunity to learn these ideas and transform their lives as I had.
Charles Koch
The great thing about my parents is they didn't preach anything they didn't practice.
Charles Koch
Our system here of creating value for others and having people do the right thing, exchange information, and so on only works if people have the right values.
Charles Koch
First word [of my father] when I arrived [as a CEO] is, 'Son, i hope your first deal is a loser, otherwise, you'll think you're a lot smarter than you are.' But he had tremendous values, tremendous integrity, humility, work ethic and terrific thirst for knowledge.
Charles Koch
For business to survive over a long period, it needs to be contributing to society and people's well-being. Otherwise, who's going to want it? Otherwise you end up like Enron or some of these other companies.
Charles Koch
Both my parents were a tremendous influence on me. My father's influence came from - he decided well, probably before we were born that as he put it, 'I'm not going to have any kids who are country club bums.'
Charles Koch
Success is one of the worst enemies of success, because success tends to breed complacency and lack of humility.
Charles Koch
The problem is, to have prices fall would work fine if we didn't have all these built in rigidities on downward prices, because then things don't adjust, and that's how we have recessions and depressions, is prices and costs don't adjust together and they get out of whack, and we end up with dislocations.
Charles Koch
We oppose all corporate welfare, whether we benefit or not. You will find that our policy positions mainly hurt our profitability rather than help it.
Charles Koch
