Principle Based Management™ Booklet: Introducing the Changes (2022)
When Market-Based Management™ became Principle Based Management in 2022, Charles Koch offered this concise explanation of the reasons for the change. It is a snapshot that captures a key moment in the process of ongoing transformation at Koch Inc. Included are changes to our five dimensions, a new Vision and new terminology, such as Our Values.
Believe in People: Bottom-Up Solutions for a Top-Down World (2020)
The transformative power of proven principles of human progress can be applied to individuals, organizations and entire societies. This unique book, co-written by Charles Koch and the president and CEO of Stand Together (a Koch-supported philanthropy), provides an effective roadmap for social entrepreneurs. It highlights dozens of examples of transformations from every walk of life. Unlike most of Charles’ books, Believe in People has a broad, societal theme rather than an organizational focus. Its goal is to help create a society where everyone has the opportunity to succeed and flourish.
Continually Transforming Koch Industries Through Virtuous Cycles of Mutual Benefit (2020)
Don’t be fooled by the title. This book is the simplest, most approachable and yet most comprehensive account of Koch’s evolution over the past 60+ years. Nicknamed “the VCMB book,” it has been considered a must-read for Koch employees ever since it debuted in 2020. Well-illustrated and easy to read in one sitting, it explains how benefiting others has been the key to Koch’s long-term success.
Good Profit: How Creating Value for Others Built One of the World's Most Successful Companies (2015)
This is Charles Koch’s most popular book (it was an instant New York Times bestseller) and many argue it provides the most effective examples of his thinking. Just as there is bad profit – where one party benefits at the expense of others – there is good profit – profit that results from a win-win approach. It is filled with personal insights and compelling explanations of Market-Based Management.
The Science of Success: How Market-Based Management Built the World's Largest Private Company (2007)
Although it is the oldest Charles Koch book still in print, it continues to satisfy those who want a get-to-the point explanation of Koch’s management philosophy. Regardless of how much has changed since it was first published in 2007 (MBM is now PBM, Koch’s Guiding Principles are now Our Values) it still packs a punch.