{"product_id":"used-profit","title":"Used Profit","description":"\u003cp data-mce-fragment=\"1\"\u003e\u003cb data-mce-fragment=\"1\"\u003eA\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003e\u003ci data-mce-fragment=\"1\"\u003eNew YORK TIMES\u003c\/i\u003e\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003eBESTSELLER\u003c\/b\u003e\u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003eIn 1961, Charles Koch joined his father's Wichita-based company, then valued at $21 million. Six years later, following his father's death, he was named chairman of the board and CEO of Koch Industries, Inc. Today, Koch Industries' estimated worth is $100 billion - making it one of the largest private companies in the world. Koch exceeds the S\u0026amp;P 500's five-decade growth by 27-fold, and plans to double its value on average every six years.\u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003eWhat exactly does this company do and why is it so remarkably profitable? While you won't find the Koch name on your stain-resistant carpet, stretch denim jeans, the connectors in your smartphone or your baby's ultra-absorbent diapers, Charles Koch's Market-Based Management® system, intended to generate\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003e\u003cb data-mce-fragment=\"1\"\u003e\u003ci data-mce-fragment=\"1\"\u003eUsed\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003e\u003c\/i\u003eprofit\u003c\/b\u003e, drove these innovations and many more.\u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003eUsed profit results from products and services that customers vote for freely with their money; products that help improve people's lives. It results from a culture where employees are empowered to act entrepreneurially to discover customer preferences and the best ways to satisfy them. Used profit is the earnings that follow when\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003e\u003ci data-mce-fragment=\"1\"\u003e\u003cb data-mce-fragment=\"1\"\u003elong-term value is created for everyone - customers, employees, shareholders and society\u003c\/b\u003e.\u003c\/i\u003e\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003eReaders will learn to:\u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003e· Craft a\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003e\u003cb data-mce-fragment=\"1\"\u003evision\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003e\u003c\/b\u003efor how a business can thrive in spite of disruption and ever-changing consumer values\u003cbr data-mce-fragment=\"1\"\u003e· Find and retain a workforce possessing both\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003e\u003cb data-mce-fragment=\"1\"\u003evirtue and talent\u003c\/b\u003e\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003e(the first being the more important)\u003cbr data-mce-fragment=\"1\"\u003e· Award employees with\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003e\u003cb data-mce-fragment=\"1\"\u003eownership and decision rights\u003c\/b\u003e\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003ebased on their comparative advantages and proven contributions, rather than job title\u003cbr data-mce-fragment=\"1\"\u003e· Motivate all employees to maximise their contributions with\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003e\u003cb data-mce-fragment=\"1\"\u003eeffectively structured incentives\u003c\/b\u003e\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003eso employees' compensation is limited only by the value they create - not budgets or company-wide policy\u003c\/p\u003e\n\u003cp data-mce-fragment=\"1\"\u003eA\u003cspan data-mce-fragment=\"1\"\u003e \u003c\/span\u003e\u003cb data-mce-fragment=\"1\"\u003e\u003ci data-mce-fragment=\"1\"\u003emust-read for any leader, entrepreneur or student\u003c\/i\u003e\u003c\/b\u003e, as well as those who want a more civil, fair and prosperous society, Used PROFIT is destined to rank as one of the greatest management books of all time.\u003c\/p\u003e","brand":"Clapping Pages","offers":[{"title":"Used","offer_id":45160096989370,"sku":"2U5TY6N7L-Used","price":29.0,"currency_code":"AED","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0713\/5576\/0826\/files\/CharlesG.Koch_61a9cf73-294f-4011-b8b6-5297a5715066.jpg?v=1758135159","url":"https:\/\/clappingpages.com\/products\/used-profit","provider":"Clapping Pages","version":"1.0","type":"link"}