Koch Industries

“No, we find, we get many of our best ideas, particularly in operations, from operators or mechanics, and they, because they become aware of this, oh, we can use this technology, and we can, here, we'll do it this way.”

“And so I projected, I, you know, being a math, I plotted it all out if we grow this much, and by the time I retire, we will have grown seventy-fold, I predicted. And so that was my goal. And so far it's been more than 10,000 fold.”

“And we apply the Division of Labor by Comparative Advantage, and we, every supervisor's first job is helping their employees self, self-actualize.”

“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…”

“So we've been in the last half dozen years or so, we've invested over thirty billion in technology and all these forms.”

“And any idea I have, I find, ok, what are the key drivers of success in this? Who can really challenge those, how we're applying each of those drivers of success? And then so we brainstorm that, they challenge, show me what's wrong with My idea, or how it can …”

“Why people think, oh, I want to maximize my profit. No, you want to focus on maximizing the value you create for others. And then if they don't reward you for it, well, then you need to find better customers.”

“Because Charles' father had, there's about twenty-one million revenue when Charles took over the business, and I believe he grew it about 10,000 times, and if, but if he had to start from zero, He might be at maybe a 100th of where, 100th of where he was today…”