Five Dimensions
Koch’s success is dependent on empowered employees who apply principles of human progress. Each of us can contribute our abilities and knowledge to promote a culture that enables Koch to build the capabilities that create products and services benefiting others.
Vision
When you are this..., you seek to discover, develop and utilize your abilities to succeed by helping others improve their lives. You are energized by creatively getting results which enables you to live a life of meaning.
Contribution Motivated
We succeed to the extent we apply the principle of division of labor, resulting in superior application of individual abilities, cooperation and teamwork.
Comparative Advantage
Have the courage to always act with integrity.
Integrity
Treat everyone with honesty, dignity, respect and sensitivity. Include and embrace different perspectives, experiences, aptitudes, knowledge and skills in order to leverage the power of diversity.
Respect
We define (blank...) as continual questioning and brainstorming to find a better way.
Challenge
When everyone is this... Koch succeeds to develop and apply their abilities in harmony with our principle-based framework.
Motivation
Seek and acquire the best (blank...) from any and all sources that will enable you to innovate and improve results. Share your (blank...) proactively. Provide and solicit challenge consistently and respectfully.
Knowledge
Be (blank...), intellectually honest and deal with reality constructively. Develop an accurate sense of self-worth based on your strengths, limitations and contributions. Hold yourself and others accountable to these standards.
Humility
This principle helps us understand the powerful, sustained factors that affect the competitive landscape.
Headwinds and Tailwinds
Each of us has a responsibility to live by Our Values. When we do, we have the opportunity to self-actualize and create our own personal virtuous cycles of mutual benefit. Koch seeks employees who are contribution motivated, have a talent that will help us succeed and are committed to our framework. Such employees use a principle-based approach to help others succeed.
Virtue & Talents
(blank...) yourself and help the company and others to do the same. Develop the visions, strategies, capabilities, products and services that will enable us to satisfy unmet needs and create superior value.
Transformation
Act with proper regard for the rights of others, especially regarding safety and the environment. Comply with all laws and regulations. Stop, think and ask.
Stewardship & Compliance
This principle guides us to take a win-win approach in all we do. It goes beyond a simple transaction that benefits both parties – it's a proactive mindset that causes us to seek out relationships and opportunities where we can succeed by benefiting others.
Mutual Benefit
Long-term success comes from having superior knowledge and a culture based on principles of human progress.
Knowledge
Create virtuous cycles of mutual benefit by becoming a preferred partner of customers, employees, suppliers, communities and other core constituencies. Continually seek to identify and close the gaps between what you are and what you could be accomplishing if you were fully applying Principle Based Management™.
Principled Entrepreneurship
Be all you can be. Identify, develop and apply your gifts and passions so you can best contribute in ways that are most meaningful to you. Be a lifelong learner.
Self Actualize
This is a principle that helps us decide who should be working on what. Determining this may seem straightforward, but it’s not. That’s because it’s not simply identifying what you do better than everyone else. You have a comparative advantage within a group when you work on the things that allow the team as a whole to create the greatest value.
Division of Labor by Comparative Advantage