Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
How Ludwig von Mises Helped Create the World's Largest Private Company
This chapter presents the story of Koch Industries, the world's largest private company, and how the creative genius of Charles Koch and other libertarian CEOs has been influenced profoundly by Austrian economists like Ludwig von Mises, Friedrich Hayek, and Joseph Schumpeter. Koch Industries produces such brands as Stainmaster, Lycra, and Dixie cups. With its acquisition of Georgia Pacific, Koch Industries has 80,000 employees in 60 countries with $100 billion in revenues in 2007. In one generation, the book value of Koch Industries has increased over 2,000‐fold. The chapter discusses Market‐Based Management (MBM) technique used by Charles Koch. For years, he and his colleagues have experimented with MBM as Koch Industries acquired new businesses and exited others. Charles Koch is famous for coming into new firms and increasing operating margins, cutting overhead, and introducing innovations that focus on five areas, what he calls vision, virtue and talents, knowledge processes, decision rights, and incentives.
How Ludwig von Mises Helped Create the World's Largest Private Company
This chapter presents the story of Koch Industries, the world's largest private company, and how the creative genius of Charles Koch and other libertarian CEOs has been influenced profoundly by Austrian economists like Ludwig von Mises, Friedrich Hayek, and Joseph Schumpeter. Koch Industries produces such brands as Stainmaster, Lycra, and Dixie cups. With its acquisition of Georgia Pacific, Koch Industries has 80,000 employees in 60 countries with $100 billion in revenues in 2007. In one generation, the book value of Koch Industries has increased over 2,000‐fold. The chapter discusses Market‐Based Management (MBM) technique used by Charles Koch. For years, he and his colleagues have experimented with MBM as Koch Industries acquired new businesses and exited others. Charles Koch is famous for coming into new firms and increasing operating margins, cutting overhead, and introducing innovations that focus on five areas, what he calls vision, virtue and talents, knowledge processes, decision rights, and incentives.
How Ludwig von Mises Helped Create the World's Largest Private Company
Skousen, Mark (Herausgeber:in)
Econo Power ; 75-80
02.01.2012
6 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
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