"Good Profit" defined by Charles Koch
Finally finished this book. Worth the read. In "Good Profit", Mr Koch outlined how he has built a business that is now worth >$100B, the largest private company, by creating an institution, where each member is encouraged to reach an "intellectual and moral growth beyond a man's original capacities". as "by pursuing his own interest, an individual frequently promotes that of the society more effectively than when he really intends to promote it"...
"We cannot ignite a passion for creating the greatest value if there is no meaning in out work". Mr. Koch further elaborated.
Partner at A&A International, "Intelligence for a Better Power", France Honorary Consul for Michigan at Clark Hill PLC (Retired).
8 年Leadership's integrity provides the sustainability vital to leverage capitalistic accumulation over time. One challenge is to use that consistency and grow the culture of relevancy when most management focus on the more enticing comfort of easier to measure efficiency. The same power that made Detroit such an arsenal for knowledge and all kind of resource made it too averse to intelligent risk. Comfort is the enemy of leadership. Like everywhere, Culture is the hardest factor to change as it comes from history. We cannot rewind time and alter the events which shaped complacency. This fertile soil may welcome new seed.