The Science of Success
How Market-Based Management Built the World's Largest Private Company
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Narrated by:
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Erik Synnestvedt
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By:
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Charles G. Koch
About this listen
This groundbreaking audiobook includes the same material used by leaders and employees of Koch companies to apply Marker-Based Management (MBM) to get results. Koch outlines this unique management methodology, developed and implemented by Koch Industries, which has experienced 2,000-fold growth since 1967. Today, Koch Industries has 80,000 employees in 60 countries; it had $90 billion in revenues in 2006.
MBM is a scientific approach to management that integrates theory and practice while providing a framework for dealing with the ongoing challenges of growth and change. There really is a science behind success, and it can be applied to any organization. MBM is rooted in the Science of Human Action, and is defined by five dimensions:
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Performance
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James Gleick, the author of the best sellers Chaos and Genius, now brings us a work just as astonishing and masterly: A revelatory chronicle and meditation that shows how information has become the modern era’s defining quality - the blood, the fuel, the vital principle of our world. The story of information begins in a time profoundly unlike our own, when every thought and utterance vanishes as soon as it is born.
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Brilliant book, heroic reader, better in print?
- By A reader on 03-12-11
By: James Gleick
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Only the Paranoid Survive
- How to Exploit the Crisis Points That Challenge Every Company
- By: Andrew S. Grove
- Narrated by: Jason Leikam
- Length: 5 hrs and 15 mins
- Unabridged
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Andy Grove, founder and former CEO of Intel shares his strategy for success as he takes the listener deep inside the workings of a major company in Only the Paranoid Survive. Under Andy Grove's leadership, Intel became the world's largest chip maker and one of the most admired companies in the world. Grove underscores his message by examining his own record of success and failure, including how he navigated the events of the Pentium flaw, which threatened Intel's reputation in 1994, and how he has dealt with the explosions in growth of the internet.
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The better book
- By Everyday Guy on 05-01-22
By: Andrew S. Grove
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Titan
- The Life of John D. Rockefeller, Sr.
- By: Ron Chernow
- Narrated by: Grover Gardner
- Length: 35 hrs and 3 mins
- Unabridged
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Titan is the first full-length biography based on unrestricted access to Rockefeller’s exceptionally rich trove of papers. A landmark publication full of startling revelations, the book indelibly alters our image of this most enigmatic capitalist. Born the son of a flamboyant, bigamous snake-oil salesman and a pious, straitlaced mother, Rockefeller rose from rustic origins to become the world’s richest man by creating America’s most powerful and feared monopoly, Standard Oil. Branded "the Octopus" by legions of muckrakers, the trust refined and marketed nearly 90 percent of the oil produced in America.
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He makes Bill Gates look like a Pauper!
- By Rick on 11-04-13
By: Ron Chernow
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Good Profit
- How Creating Value for Others Built One of the World's Most Successful Companies
- By: Charles G. Koch
- Narrated by: Paul Michael, Charles G. Koch
- Length: 9 hrs and 15 mins
- Unabridged
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Here, drawing on revealing, honest stories from his five decades in business - the company's many successes as well as its stumbles - Koch walks the listener step by step through the five dimensions of Market-Based Management to show stockholders, entrepreneurs, leaders, students - and innovators, supervisors and employees of all kinds, in any field - how to apply the principles to generate Good Profit in their organizations, companies, and lives.
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Good Profit for Business and Life!
- By Vision42 on 10-18-15
By: Charles G. Koch
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Kochland
- The Secret History of Koch Industries and Corporate Power in America
- By: Christopher Leonard
- Narrated by: Jacques Roy
- Length: 23 hrs and 15 mins
- Unabridged
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Just as Steve Coll told the story of globalization through ExxonMobil and Andrew Ross Sorkin told the story of Wall Street excess through Too Big to Fail, Christopher Leonard’s Kochland uses the extraordinary account of how the biggest private company in the world grew to be that big to tell the story of modern corporate America.
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An anti-capitalism treatise
- By Luis on 10-01-19
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Sons of Wichita
- How the Koch Brothers Became America's Most Powerful and Private Dynasty
- By: Daniel Schulman
- Narrated by: Allen O'Reilly
- Length: 12 hrs and 18 mins
- Unabridged
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Overall
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Performance
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Story
Like the Rockefellers and the Kennedys, the Kochs are one of the most influential dynasties of the modern age, but they have never been the subject of a major biography... until now. Not long after the death of his father, Charles Koch, then in his early 30s, discovered a letter the family patriarch had written to his sons. "You will receive what now seems to be a large sum of money," Fred Koch cautioned. "It may either be a blessing or a curse."
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Interesting family
- By Jean on 05-28-14
By: Daniel Schulman
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The Information
- A History, a Theory, a Flood
- By: James Gleick
- Narrated by: Rob Shapiro
- Length: 16 hrs and 37 mins
- Unabridged
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Overall
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Performance
-
Story
James Gleick, the author of the best sellers Chaos and Genius, now brings us a work just as astonishing and masterly: A revelatory chronicle and meditation that shows how information has become the modern era’s defining quality - the blood, the fuel, the vital principle of our world. The story of information begins in a time profoundly unlike our own, when every thought and utterance vanishes as soon as it is born.
-
-
Brilliant book, heroic reader, better in print?
- By A reader on 03-12-11
By: James Gleick
-
Only the Paranoid Survive
- How to Exploit the Crisis Points That Challenge Every Company
- By: Andrew S. Grove
- Narrated by: Jason Leikam
- Length: 5 hrs and 15 mins
- Unabridged
-
Overall
-
Performance
-
Story
Andy Grove, founder and former CEO of Intel shares his strategy for success as he takes the listener deep inside the workings of a major company in Only the Paranoid Survive. Under Andy Grove's leadership, Intel became the world's largest chip maker and one of the most admired companies in the world. Grove underscores his message by examining his own record of success and failure, including how he navigated the events of the Pentium flaw, which threatened Intel's reputation in 1994, and how he has dealt with the explosions in growth of the internet.
-
-
The better book
- By Everyday Guy on 05-01-22
By: Andrew S. Grove
-
Titan
- The Life of John D. Rockefeller, Sr.
- By: Ron Chernow
- Narrated by: Grover Gardner
- Length: 35 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
Titan is the first full-length biography based on unrestricted access to Rockefeller’s exceptionally rich trove of papers. A landmark publication full of startling revelations, the book indelibly alters our image of this most enigmatic capitalist. Born the son of a flamboyant, bigamous snake-oil salesman and a pious, straitlaced mother, Rockefeller rose from rustic origins to become the world’s richest man by creating America’s most powerful and feared monopoly, Standard Oil. Branded "the Octopus" by legions of muckrakers, the trust refined and marketed nearly 90 percent of the oil produced in America.
-
-
He makes Bill Gates look like a Pauper!
- By Rick on 11-04-13
By: Ron Chernow
What listeners say about The Science of Success
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- Miguel R.
- 06-30-20
Analytical
The structure can be highly analytical. Good content overall but listening to it can be a daunting task since this is structured like a text book. Better to read in Kindle or hard copy.
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- J. Michael Mackey
- 04-09-16
excellent and easy to listen to.
The science of success had many quotes and very helpful additional resource citations. the layout of the book and chapters was very fluid and appreciated.
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- Robert Ballantyne
- 10-13-22
outstanding story of the Koch MBM
lays out the Koch MBM methodolgy very well. with great examples of its implementation .
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- John Rocha
- 10-12-16
Success the Koch Way!
Erik Synnestvedt did a great job bringing the narrative alive through his reading. As much as I have heard about the Koch brothers, I did not realize how successful and influential they have been in building their business and their practice of "market based management." A great book to read whatever your profession.
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1 person found this helpful
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- Susan Popovic
- 07-31-24
One of the best business books I listened to!
There is so much to learn from this book about choosing right incentives vs bad ones. It’s simple read for everyone to understand and can be applicable to every business or organization!
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- Mitch
- 06-18-13
Fantastic read
This is Charles Koch's book. What more do you need to know? If you're in the world of business management and you don't immediately have a need to read the book based on the author, you may be in the wrong industry.
Fantastic book, short and to the point. I would highly recommend it to anyone who is interested in dynamic management skills.
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3 people found this helpful
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- Alex Younger
- 11-09-15
Definitely good, but buy Good Profit
This book is no doubt great, but if you want to learn more buy his book, Good Profit. It covers everything in this book plus more.
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2 people found this helpful
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- Brion Hurley
- 08-06-22
Wanted more details about each principle
For example, when discussing operational excellence, what is your problem solving process? How are people trained? How is it used in daily operations?
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- Agba
- 08-24-24
Clarity of the content
Knowledge in this book are just truly amazing. I’m a recent college graduate and aspiring entrepreneur. I will strive to apply these values at work and when I start my business. Let’s see the results
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- Anita
- 09-07-07
MBM Review
I read the book, but until I heard the audiobook I really didn't understand that this is a common sense, old fashioned approach to running a business and your life.
I thought my grandfather was imparting his life knowledge to me!(Sorry Charles!)
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5 people found this helpful