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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

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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
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Years later, when I asked my father, I said 'Pop, why were you so much harder on me than my younger brothers?' he said, son, you plum wore me out.
Charles Koch
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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
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The great thing about my parents is they didn't preach anything they didn't practice.
Charles Koch
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If we are going to have a Fed, it should not fall into the tyranny of experts with the a fatal conceit that a few wise people can determine interest rates. Interest rates should be driven by the market, and people's time preference, and we see these boom-bust cycles.
Charles Koch
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Why I've never been that fond of politics and only got into it recently kicking and screaming, because I don't think politicians are going to reverse the trajectory of this country. I think it's going to depend on the American people understanding what is fair and what makes their lives better.
Charles Koch
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I have been a libertarian in my past but now I consider myself a classical liberal.
Charles Koch
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They say your genetics are going to set your direction regardless of what happens, but I think there's more to it than that.
Charles Koch
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Far too many businesses have been all too eager to lobby for maintaining and increasing subsidies and mandates paid by taxpayers and consumers. This growing partnership between business and government is a destructive force, undermining not just our economy and our political system, but the very foundations of culture.
Charles Koch
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But it [crony capitalism] erodes our overall standard of living and stifles entrepreneurs by rewarding the politically favored rather than those who provide what consumers want.
Charles Koch
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I like to think that I try to learn something every day - and change my views, modify my views as I learn.
Charles Koch
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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
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Everything I give, pretty much, is public. Not every donor wants to - or is willing to get the kind of abuse and attacks that we do, or death threats, so they're not willing to have their names out. I think the other side is pushing for that because they want to intimidate people so they won't oppose it.
Charles Koch
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The good and the bad news is that politicians rarely do what they say they are going to do when they campaign.
Charles Koch
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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
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Best part of my job is fulfillment. When I see that, that we're creating value, that we're helping improve people's lives, and we benefit from it, so it's a system of mutual benefit. Our philosophy's working. That's what turns me on. That's what keeps me going.
Charles Koch
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In America, I think we just keep adding, and that's our problem. We almost never subtract. We keep adding these boondoggles, and these violations of the basic principles of equal rights - certain people have more rights than others - it's like Animal Farm. The pig says that we all have equal rights, but some have more rights than others.
Charles Koch
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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
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I studied what principles under-laid peace and prosperity and concluded the only way to achieve societal well-being was through a system of economic freedom.
Charles Koch
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Innovation doesn't come from one big thing, it comes from a piece at a time, from combining existing technology. We have in a sense a stagnation, in all those areas where we have cronyism and political correctness and the precautionary principle. Get all of those together, then yeah, you have stagnation, and that's what we're seeing.
Charles Koch