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Charles Koch Biography (Charles de Ganahl Koch) : Koch Industries
Famous for : Being an owner of one of the largest privately held companies in the world, Koch Industries. Charles and his brother David are very generous philanthropists, supporting organizations with a libertarian leaning. Often referred to as one of the Koch brothers, along with David Koch.
Koch details : Born - 1st of November, 1935 Wichita, Kansas, USA / Lives United States of America

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Business Quotes by Charles Koch Inspiring Quotes by Famous American Businessman Charles Koch

I want my legacy to be greater freedom, greater prosperity and a better way of life for my family, our employees and all Americans. And I wish the same for every nation on earth.
Charles Koch - America - Life - Earth
- Freedom - Family - Employee

Most power is power to coerce somebody. We don’t have the power to coerce anybody.
Charles Koch - Power - Influence


When everyone gets something for nothing, soon no one will have anything, because no one will be producing anything.
Charles Koch - Socialism - Products - Responsibility

No centralized government, no matter how big, how smart or how powerful, can effectively and efficiently control much of society in a beneficial way. On the contrary, big governments are inherently inefficient and harmful.
Charles Koch - Government - Power - Society - Control

Successful companies create value by providing products or services their customers value more highly than available alternatives. They do this while consuming fewer resources, leaving more resources available to satisfy other needs in society. Value creation involves making people’s lives better. It is contributing to prosperity in society.
Charles Koch - Business - Society - Successful - Products - Customers

As an engineer, I understood that the natural world operated according to fixed laws. Through my studies, I came to realize that there were, likewise, laws that govern human wellbeing. It seemed to me that these laws are fundamental not only to the wellbeing of societies, but also to the miniature societies of organizations. Indeed, that is what we found when we began to apply these principles systematically at Koch Industries. Through our observation of how they could create prosperity in an organization, I began to systematize my beliefs into Market-Based Management®.
Charles Koch - Laws - Society - Companies - Management - Leadership - Engineer

Being captive to quarterly earnings isn’t consistent with long-term value creation. This pressure and the short term focus of equity markets make it difficult for a public company to invest for long-term success, and tend to force company leaders to sacrifice long-term results to protect current earnings.
Charles Koch - Successful - Companies - Leadership - Earnings - Long Term Investing - Stocks

We have the best leaders and the most depth of leadership we’ve ever had. If I get hit by a truck, maybe it would get me out of the way and it would go better.
Charles Koch - Management - Leadership - Employee

Many businesses with unpopular products or inefficient production find it much easier to curry the favor of a few influential politicians or a government agency than to compete in the open market.
Charles Koch - Government - Business - Products - Politicians - Competition

We strive to hire and retain only those who embrace our MBM® Guiding Principles, which encompass integrity, compliance, value creation, Principled Entrepreneurship, customer focus, knowledge, change, humility, respect and fulfillment.
Charles Koch - Management - Leadership - Employee - Integrity - Customers - Respect

Citizens who over-rely on their government to do everything not only become dependent on their government, they end up having to do whatever the government demands. In the meantime, their initiative and self-respect are destroyed.
Charles Koch - Government - Responsibility - Respect - Socialism

In general, an asset should be sold when it has greater value to a buyer. This happens when a buyer has a complimentary business or capability that would enable them to do more with that business. Many businesses we have exited were not failures, but had simply reached a point in their life cycle where they no longer provided a core capability or served as a platform for growth.
Charles Koch - Business - Assets - Buying - Companies - Growth

Repeatedly asking for government help undermines the foundations of society by destroying initiative and responsibility. It is also a fatal blow to efficiency and corrupts the political process.
Charles Koch - Government - Responsibility - Society - Politics

We needed to be uncompromising with our workforce, to expect 100 percent of our employees to comply 100 percent of the time with complex and ever-changing government mandates. Striving to comply with every law does not mean agreeing with every law. But, even when faced with laws we think are counter-productive, we must first comply. Only then, from a credible position, can we enter into a dialogue with regulatory agencies to demonstrate alternatives that are more beneficial. If these efforts fail, we can then join with others in using education and/or political efforts to change the law.
Charles Koch - Laws - Employee - Government - Change

We try to evaluate how much value an employee is creating here and reward them accordingly.
Charles Koch - Employee - Wage

Quotations by Charles Koch Quotations by the Wealthy American Industrialist Charles Koch

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