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The Science of Success: How Market-Based Management Built the World's Largest Private Company (Your Coach in a Box)

The Science of Success: How Market-Based Management Built the World's Largest Private Company (Your Coach in a Box)

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Author: Charles G. Koch
Creator: Erik Synnestvedt
Publisher: Your Coach in a Box
Category: Book

List Price: $19.98
Buy New: $11.47
You Save: $8.51 (43%)



New (22) Used (5) from $11.47

Rating: 4.5 out of 5 stars 69 reviews
Sales Rank: 254144

Format: Audiobook, Unabridged
Media: Audio CD
Edition: Unabridged
Number Of Items: 3
Shipping Weight (lbs): 0.2
Dimensions (in): 5.8 x 5.5 x 1.2

ISBN: 1596591463
Dewey Decimal Number: 658.409
EAN: 9781596591462
ASIN: 1596591463

Publication Date: June 3, 2008
Availability: Usually ships in 1-2 business days

Customer Reviews:
Showing reviews 6-10 of 69
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5 out of 5 stars Brilliant!   December 4, 2007
 3 out of 4 found this review helpful

I have a bachelor's degree in business management and this book came out at the right time since I have been looking for books on management that match my philosophy and brush up on what I learned. My only complaints with this book is that it is too short and I would have like to have seen more real-life examples of how MBM was successful.

Essentially, Charles Koch outlines a management philosophy based on the economic writings of Ludwig von Mises. Koch's management style is one of employee empowerment by treating them like entrepreneurs while looking to retain and train the best people.

His no-nonsense style is clear throughout the book and he gave some interesting insights into how Market-Based-Management works. Koch Industries has been using MBM for years and, as a result, the company is the world's largest multi-billion dollar corporation. He must be doing something right with these kinds of results and I am sure if Professor von Mises was alive he would be gleeful at how his economics can be used successfully in other ways as well.

Best of luck to Mr. Koch in getting other companies to sign on to his philosophy. If Koch Industries with MBM is any indication, America's corporate culture will never be the same!

I am very glad that this book was the first book on management I have read since having graduated.



2 out of 5 stars Nice theory.   November 12, 2007
 4 out of 14 found this review helpful

Would that Koch, or any company actually worked this way. Nothing wrong with the book, unless you view Ayn Rand's stuff as incorrect. My personal experience with Flint Hills (a Koch subsidiary) didn't look much like this, but it was a recently acquired site and it takes a while to change a culture.


5 out of 5 stars Great book - a must read!!   October 28, 2007
 4 out of 4 found this review helpful

The book is easy to read and understand. It is a must read for country leaders and business entrepreneurs. How much could be advanced if some of Mr. Koch's advice would be applied in Chile and the world.


4 out of 5 stars The Science of Success   September 30, 2007
 1 out of 2 found this review helpful

I really enjoyed this book as you get to get into the mind of Charles Koch. I would have given it a 5 star, except I felt he could have added more substance to the book.


5 out of 5 stars Amy Buick   September 16, 2007
 7 out of 8 found this review helpful

The Science of Success packages a lifelong study of the conditions that support or conversely, stymie greater prosperity for all, adding a new dimension to the definition of corporate responsibility. I will continue to recommend this book to young, promising entrepreneurs who not only seek success but more importantly desire to add value to society.

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