Bottom-Up vs Top-Down
Few People control the many
What is Top-Down?
Koch’s success is dependent on empowered employees who apply principles of human progress. Each of us can contribute our unique knowledge and promote a culture that enables Koch to build the capabilities that create products and services benefiting others.
What is Vision Dimension?
exist for a product where its long-term profitability has the potential to greatly increase.
What are Tailwinds?
Exchange with belief that for one side to win, the other side must lose. Always harmful to society.
What is zero-sum exchange?
What’s orange and sounds like a parrot?
A carrot
Koch Industries encourages this approach
What is Bottom-up?
We succeed to the extent we apply the principle of division of labor by comparative advantage, resulting in superior cooperation and teamwork.
What is Comparative Advantage Dimension?
exist for a product where its long-term opportunities and profitability are being seriously eroded by declining demand or a reduction in the barriers to entry
What are Headwinds?
Exchange that results in a win-win, the other side must lose. Ensures value and good profit
What is positive-sum endeavor?
What did the evil chicken lay?
Deviled Eggs
One size fits all with detailed rules and coercion that may stifle others
What is Top-Down?
Long-term success comes from having superior knowledge and a culture based on our Guiding Principles.
What is Knowledge Dimension?
These winds can be generated by, among other things, competition from new technologies or products, unfavorable changes in consumer preferences or government interventions.
What are Headwinds?
This company strives to apply a win-win philosophy in all we do. That is why we pursue mutually beneficial relationships with all core constituencies
Who is Koch Industries?
What did one plate say to another plate?
Tonight, dinner’s on me
Employees are free to do whatever they feel like
What is neither? If this was the case we would all be golfing.
Koch succeeds to the extent everyone is motivated to develop and apply their capabilities in harmony with proven principles of human progress.
What is Motivation Dimension?
These winds can be generated by, among other things, new technologies, products or strategies, favorable changes in customer preferences or distortive government subsidies and mandates
What are Tailwinds?
When both parties benefit from an exchange
What is Mutual Benefit?
What do you get when you cross a polar bear with a seal?
A polar bear
People tend to be more self-actualized with this approach?
What is Bottom-Up?
Each of us has a responsibility to live by our Guiding Principles. When we do, we have the opportunity to self-actualize and create our own personal virtuous cycles of mutual benefit.
What is Virtue and Talents Dimension?
A plane travels at a speed of 175mph in still air. Flying with a tailwind, the plane is clocked over a distance of 1000 miles. Flying against a headwind, it takes 1 hour longer to complete the return trip. What was the wind velocity?
What is
15.197 miles per hour?
Virtuous Cycles of Mutual Benefit fall most closely under which of the 5 dimensions
What is Vision Dimension?
What is JJ's granddaughters first name?
Who is Burkley?