Key Takeaways, Analysis & Review of Charles G. Koch Good Profit
How Creating Value for Others Built One of the World’s Most Successful Companies
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4.6 • 7 Ratings
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- $4.99
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- $4.99
Publisher Description
Good Profit by Charles G. Koch | Key Takeaways, Analysis & Review
Preview:
Good Profit: How Creating Value for Others Built One of the World’s Most Successful Companies is a nonfiction book that outlines the management strategy of Charles G. Koch, the chief executive officer (CEO) of Koch Industries, Inc. It builds on his 2007 book, The Science of Success: How Market-Based Management Built the World’s Largest Private Company, by including guidance on how to apply his management strategies, and answers questions about Koch Industries’s success and failures…
PLEASE NOTE: This is key takeaways and analysis of the book and NOT the original book.
Inside this Instaread of Good Profit:
• Overview of the book
• Important People
• Key Takeaways
• Analysis of Key Takeaways
About the Author
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Customer Reviews
Handbooks are great.
A very intense and concise handbook for a well thought out philosophy of business and of life. Good profit is a framework for conducting business. I am now retired from my own business, I found many guiding principles that I was glad I did in business and many that I wish I had known before. I can see many of the problems that this framework would have helped me avoid.
Rare gem.
You have to read about Charles Koch to believe that integrity at this high level of business still exists in America. He is a truly a remarkable man that has the kind of character that I pray my own children one day will exhibit in their businesses and their private lives. You will get a picture in Good Profit why his company went from $61 million annually in the 60s to over $110 billion today. His firm boils down to how he picks his employees-- values over talent. He turns down the most capable seekers if they do not treat people with the utmost of respect and show great levels of humility. This is rare stuff in business these days. Just think where our nation could be if more business owners would be more old fashioned like this rare gem. You will get a picture in his book of how generational ethics comes down from his father who wrote a touching letter to him as he gave him a significant sum of money sharing with his son that he will consider it a mistake to have given him this money if he steals the glory and pride of accomplishment. Read Koch and you will want to be more like this gentle giant!
Action is everything!
A must read for any entrepreneur or senior manager. The author explains how he has woven his personal philosophy and core values into critical management tools to help sustain business profitability and high growth rates. Fascinating to read about managing "Decision Rights" - allowing the person with best relevant knowledge or , as he says, "comparative advantage" to make decisions as opposed to the most tenured pedigreed ranking person. A refreshing and unabashed primer on capitalism in action.
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