Koch companies embrace the free market in business operations by systematically applying MBM® through several areas of focus.
Vision: Focusing on where and how the organization can best apply its capabilities to create the most value for others. Be a leader in innovation, enabling the company to remain a preferred counterparty.
Virtue and Talents: Hiring and retaining people based on values before talent, so that everything the organization does reflects the MBM Guiding Principles.
Knowledge Processes: Creating, acquiring, sharing and applying relevant knowledge, while measuring and tracking how the organization creates value.
Decision Rights: Ensuring the right people are in the right roles with clear responsibilities for which they are held accountable, and having decision-making processes that create value.
Incentives: Rewarding people according to the long-term value they create for the organization, in harmony with the Guiding Principles.