The Science of Success: How Market-Based Management Built the World’s Largest Private Company
- ISBN13: 9780470139882
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
Praise for THE SCIENCE OF SUCCESS
“Evaluating the success of an individual or company is a lot like judging a trapper by his pelts. Charles Koch has a lot of pelts. He has built Koch Industries into the world’s largest privately held company, and this book is an insider’s guide to how he did it. Koch has studied how markets work for decades, and his commitment to pass that knowledge on will inspire entrepreneurs for generations to come.”
—T. Boone Pickens
“A must-read for entrepreneurs and corporate executives that is also applicable to the wider world. MBM is an invaluable tool for engendering excellence for all groups, from families to nonprofit entities. Government leaders could avoid policy failures by heeding the science of human behavior.”
—Richard L. Sharp, Chairman, CarMax
“My father, Sam Walton, stressed the importance of fundamental principles—such as humility, integrity, respect, and creating value—that are the foundation for success. No one makes a better case for these principles than Charles Koch.”
—Rob Walton, Chairman, Wal-Mart
“What accounts for Koch Industries’ spectacular success? Charles Koch calls it Market-Based Management: a vision that nurtures personal qualities of humility and integrity that build trust and the confidence to enhance future success through learning from failure, and a culture of thinking in terms of opportunity cost and comparative advantage for all employees.”
—Vernon Smith, 2002 Nobel laureate in economics
“In a very thoughtful, creative, and understandable way, Charles Koch explains how he has used the science of human behavior to create a culture that has produced one of the world’s largest and most successful private companies. A must-read for anyone interested in creating value.”
—William B. Harrison Jr., Former Chairman and CEO, JPMorgan Chase & Co.
“The same exacting thought, rooted in the realities of human nature, that the framers of the U.S. Constitution put into building a nation of entrepreneurs, Charles Koch has framed to build an enduring company of entrepreneurs—a company larger than Microsoft, Dell, HP, and other giants. Every entrepreneur should study this book.”
—Verne Harnish, founder, Young Entrepreneurs’ Organization, author of Mastering the Rockefeller Habits, CEO, Gazelles Inc.
The Science of Success: How Market-Based Management Built the World’s Largest Private Company
I’ve not yet read this book. BUT, working for Georgia Pacific before and after Koch bought and left his mark,,,,These principles DON’T work here. Sorry, wish I could say better. I’ve waited and waited. I’ve done what I could in my limited capacity to “Live the process”. I don’t have decision rights. Can’t get anything fixed, and everything is run till fail. Fail it does. Often and repeatedly. I guess Charles is just waiting for us to fall on our face and can’t get up, then he’ll shut it down, tear it down for scrap, sell the land (which is still worth something I’m sure), and a new Casino will end up here.
When I get a few more nickels together I’ll get the book. Then I can read how the Fairey Tale was supposed to end.
Rating: 1 / 5
I am so sick of nonsense books written by corporate thieves about the “secrets of success”. Koch stole millions from American Indians. Google it, just google “Koch and Indian lands” The principle of wealth through theft is ancient. That’s why “thou shall not steal” is one of the 10 commandments.
Rating: 1 / 5
Would that Koch, or any company actually worked this way. Nothing wrong with the book, unless you view Ayn Rand’s stuff as incorrect. My personal experience with Flint Hills (a Koch subsidiary) didn’t look much like this, but it was a recently acquired site and it takes a while to change a culture.
Rating: 2 / 5
Do not spend your money or time on this book…..if someone gives it to you for free, I encourage you to devote enough time and energy to throw it in the trash.
Rating: 1 / 5
I thoroughly enjoyed this book – a good discussion of where Koch came from and the strategic thinking behind the genesis of the world’s largest privately held company. Sometimes books of this genre can be dry, but this book is good reading and enlightening.
Rating: 4 / 5