Market Based Management
topic on 1 show · 4 statements across 1 episodes
4 statements about Market Based Management, every show
Koch: Organizational leverage comes from empowering employees to challenge practices
“And then the secret in an organization is to get All of your employees to do that, to fully engage them, to get them all to be self, to start self actualizing and looking for these gaps and challenging and finding new ways to do things that are better.”
Koch: Organizational entropy constantly degrades adherence to core principles
“And when we have applied these principles, we've been tremendously successful, but entropy is at work always pulling you down, pulling you away from the principle, so it, it's continual renewal.”
Koch: Growth requires compounding cycles of mutual benefit and capability expansion
“Our vision and for our business and our, started leading our five dimensions is to start with, ah, what capabilities we have that, ah, would, ah, enable us to do things, create products and services that other people would value. In other words, how do we crea…”
Koch: Empowering individual contribution drives progress over coercion
“What we find It makes people's lives better, and improves society, improves well-being, and leads to progress, is empowering everybody to contribute. That is going from, ah, forcing people to do things, motivating them to find their gift, believe in themselves…”