The Science of Success: How Market-Based Management Built the World’s Largest Private Company

Authored by Charles G. Koch, chairman of the board and CEO of Koch Industries, Inc. Mr. Koch’s interest in and commitment to scientific and social progress, led to the development and implementation of the Market-Based Management® business philosophy.

The Science of Success introduces Market-Based Management®, the distinctive business and management philosophy that has enabled Koch Industries to become one of the largest and most successful private companies in the world. The Science of Success offers readers insight into the evolution of Koch companies and a comprehensive guidebook to the power of MBM.

Reviews

"A must-read for entrepreneurs and corporate executives that is also applicable to the wider world. MBM is an invaluable tool for engendering excellence for all groups, from families to nonprofit entities. – Richard L. Sharp, Chairman, CarMax

"My father, Sam Walton, stressed the importance of fundamental principles- such as humility, integrity, respect, and creating value- that are the foundation for success. No one makes a better case for these principles than Charles Koch." – Rob Walton, Chairman, Wal-Mart

"In a very thoughtful, creative, and understandable way, Charles Koch explains how he has used the science of human behavior to crate a culture that has produced one of the world’s larges and most successful private companies. A must-read for anyone interested in creating value." – William B. Harrison Jr., Former Chairman and CEO, JP Morgan Chase & Co.