Accountability
- Short Description
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Accountability, properly understood, is to take account of what happened and appropriately recognize those who contributed positively or negatively to results…
- Principle in Brief Page
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/content/koch/language-masters/en/principles-in-brief/accountability
Cooperation and Teamwork
- Short Description
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A fundamental principle of human progress is the division of labor by comparative advantage and the resulting increase in cooperation. Learn more through “Division of Labor by Comparative Advantage.”
- Principle in Brief Page
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/content/koch/language-masters/en/principles-in-brief/division-of-labor-by-comparative-advantage
Diversity
- Short Description
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Coming soon
- Principle in Brief Page
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Division of Labor by Comparative Advantage
- Short Description
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Employees have a comparative advantage in a group when they can perform an activity at a lower opportunity cost than others…
- Principle in Brief Page
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/content/koch/language-masters/en/principles-in-brief/division-of-labor-by-comparative-advantage
Multiple intelligences
- Short Description
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Coming soon
- Principle in Brief Page
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Overcoming Entropy and Bureaucracy
- Short Description
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At Koch, our approach to overcoming entropy is to create and deploy energy and knowledge through our principle-based framework…
- Principle in Brief Page
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/content/koch/language-masters/en/principles-in-brief/overcoming-entropy-and-bureaucracy
Overcoming entropy and bureaucracy
- Short Description
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Coming soon
- Principle in Brief Page
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Partnerships
- Short Description
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The more people with different and advantaged capabilities join together the more successful they and their organizations will be…
- Principle in Brief Page
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/content/koch/language-masters/en/principles-in-brief/partnership
Personal Knowledge
- Short Description
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We only truly know something when we can apply it to get results …
- Principle in Brief Page
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/content/koch/language-masters/en/principles-in-brief/personal-knowledge
Principle-Based vs. Rule-Based
- Short Description
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Setting expectations according to general principles without prescribed, detailed directives or rules is core to our culture and long-term success…
- Principle in Brief Page
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/content/koch/language-masters/en/principles-in-brief/principle-based-vs--rule-based
Principled Entrepreneurship™
- Short Description
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We depend on the entrepreneurial contributions of our employees…
- Principle in Brief Page
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/content/koch/language-masters/en/principles-in-brief/principled-entrepreneurship-
Property Rights
- Short Description
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Clear and protected property rights stimulate beneficial investment. To encourage a strong sense of ownership and entrepreneurship, employees are held accountable for a set of responsibilities and their results.
- Principle in Brief Page
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/content/koch/language-masters/en/principles-in-brief/property-rights
Stewardship and Compliance
- Short Description
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The essence of stewardship is recognizing our obligation to always act in a manner that respects the rights of others…
- Principle in Brief Page
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/content/koch/language-masters/en/principles-in-brief/stewardship-and-compliance
Talents
- Short Description
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- Principle in Brief Page
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/content/koch/language-masters/en/principles-in-brief/talents