CQout Online Auctions CQout Online Auctions Home register to sell and buy at CQout! read our Frequently Asked Questions buy at CQout!sell at CQout! services for CQout registered users search for items or usernames at CQout
Click to enlarge image
Click to enlarge image
Keyword Filter
 
Author:
ISBN:
Advanced Search
Seller ID Filter
 
Category Filter
Books, Comics, Magazines
Antiquarian, Rare & First Editions
Antiques & Collectables
Art, Architecture & Photography
Audio Books
Biographies
Calendars, Diaries, Annuals
Children,Young Adults Books
Comics & Graphic Novels
Computing & Internet
Cookery & Food
Crime, Thrillers & Mystery
Economics
Educational & Text Books
Fiction - General
Folklore/Mythology
Gay & Lesbian
Geography
Health, Family & Lifestyle
History
Hobbies, Crafts & Games
Home Improvements
Horror & Fantasy
Horticulture & Gardening
Humour
Information Products, e-books
Law
Languages
Magazines
Management & Business
Manuals & Handbooks
Maps
Military, Police & Services
Mind, Body & Spirit
Music, Stage & Screen
Nature, Wildlife & Animals
Non-Fiction
Novels
Poetry, Drama & Criticism
Pass times & Leisure
Philosophy
Politics
Printed Ephemera
Reference
Religion & Spirituality
Romance
Science, Technical & Medical
Science Fiction
Scottish
Social Sciences
Stage & Screen
Sports
Topography/ Local Interest
Travel & Holidays
Transport & Motoring
True Crimes
Uncategorised
Other Books, Comics, Magazines
Item Title:

The Science of Success: How Market Based Management Built the Worl- Ch

Category:

Books, Comics, Magazines

 -

Uncategorised



Item Condition: New
Current Time:21 Oct 17 02:05:23
Time & Date displayed is forUnited States - EDT
Auction Closes:Learn more about Instant Buy

Quantity: (3 Available)
Price per item: £56.80 ($74.44)

Postage: £8.95 ($11.73)
  Change Default Country For Your View Settings
Select Your Country:

Change default country to United KingdomUK
Change default country to IrelandIreland
Change default country to CanadaCanada
Change default country to AustraliaAustralia
Change default country to United StatesUSA


What do you want from an online auction site?



CQ has been doing all of that since 1999. We haven't made a big noise about it, we've just quietly collected Buyers and Sellers in over 80 countries by word of mouth, doing things the best way we know how and responding to our users needs.

Want to join the CQ community? Just click on your home country to start.
To: United States (change country) | see all details |
Payments: You can pay with your Debit or Credit card using, EasyPay, our in-house payment service You can pay with your Debit or Credit card using SecurePay, our in-house escrow service card logos
Sell to:International
Item Specifics - Books ISBN : 9780470139882
Author : Charles G. Koch
56.80 15633346 The Science of Success: How Market Based Management Built the Worl http://medium.snazal.com/?9780470139882 http://large.snazal.com/?9780470139882 Charles G. Koch 9780470139882 9780470139882 Media Book
Lot # 15633346
This item has been viewed 157 times
Seller Info
Bookshop2000 (115|0)
Learn more about trusted vendors
  Learn more about trade sellers
Item Location: Leicester
Seller Location: United Kingdom

Ask A Question
Seller's other items
Visit Seller:
Item Description
Email this listing to a friendtop
Title: The Science of Success: How Market Based Management Built the Worl

Author(s): Charles G. Koch
Publisher:
ISBN: 9780470139882
Sku Code: 9780470139882
Media > Books
The Science of Success: How Market Based Management Built the World's Largest Private Company
Description:
Before diving into Charles Koch′s The Science of Success, you must understand two things: Koch is an engineer, born and raised in the Midwest, and he′s an autodidact, with a passion for the free market theories of Austrian economist Ludwig von Mises.Combine the two and you get a management philosophy book long on hard–edged statements where the author professes an almost Marxist faith in the "fixed laws" that "govern human well–being." His "Market Based Management" (the term is trademarked), is "The Science of Human Action."Since taking over his father′s refining business in the early 1960s, this M.I.T.–trained engineer has grown Koch Industries more than 2,000–fold, expanding into petrochemicals, fertilizer, trading and, most recently, the $21 billion purchase of Georgia–Pacific. Along the way, Koch notes, there have been huge failures, including a foray into shipping and an attempt to build a cattle–feed–to–steaks agribusiness.Both fit with Koch′s libertarian philosophy of allowing people to make decisions and reap the rewards or penalties that result. Employees are given "decision rights" according to their demonstrated ability to make choices that result in lower costs or returns that exceed the company′s "opportunity cost," which Koch defines as the returns from investing in the best alternative. "Any employee who is not creating value does not have a real job in the MBM sense of the word," Koch writes, although a worker on the assembly line might consider his weekly paycheck real enough.Failure isn′t necessarily penalized, unless an employee overlooked some necessary detail or put self–interest ahead of the corporation. "Business failures are inevitable, and any attempt to eliminate them only ensures overall failure," Koch writes.The grandson of a Dutch immigrant who settled in hardscrabble West Texas, Koch can sound like a Calvinist minister at times. He excoriates as "destructive compensation schemes" such common practices as granting cost–of–living adjustments or automatic raises when employees achieve certain levels of education or seniority. Putting his own spin on Marx, he proposes the maxim "from each according to his ability, to each according to his contribution."The Science of Success is short on concrete examples, and Koch acknowledges that implementing his Market Based Management can be difficult because of the hazy connection between, say, property rights and the day–to–day decisions of a midlevel manager in charge of a fertilizer plant. The book is especially obtuse when Koch describes his system for grading employees, a four–box "virtue and talents matrix" that balances "values and beliefs" against the skills needed to run the business.Sprinkled throughout are miniature case studies from Koch′s ascent, however, including his advice to be extremely cautious about entering partnerships and to do so only with an "exit mechanism" in case it doesn′t work out. (The book is dedicated in part to the family of the late J. Howard Marshall, whose own marriage to Anna Nicole Smith spawned a bitter legal battle that will probably continue beyond her recent death).Performance measures like energy costs should be measured against an ideal, not a budget, he says, and when divisions transfer products among themselves they should be at market prices for the entire amount of goods being "sold," not just a portion. Otherwise one division might wind up subsidizing another, denying Koch the chance to invest the money at a higher return elsewhere.A graphic example of Koch′s clear–eyed approach to opportunity cost is the Iowa asphalt plant Koch moved when the land under it proved more valuable, on a present–value basis, than the foreseeable earnings from the asphalt production. "There is now an Ameristar Casino and Hotel where the Council Bluffs asphalt plant once stood," Koch writes proudly.Readers expecting a recipe book for business success will be disappointed, but those of a more philosophical bent will find Koch′s observations fascinating. Not only has he digested the entire Ayn Rand syllabus of free market theory, but he′s had the chance to put it to work from his headquarters on the plains north of Wichita.It′s hard to argue with the results. The question is whether anybody but Charles Koch could pull off a similar feat. (Forbes.com, February 26, 2007)“Unlike many management books, which are little more than over–heated and overspun drivel, this one deserves as wide an audience as possible.” (The Business, Saturday 9th June 2007)“Unlike many management books, which are little more than over–heated and overspun drivel, this one deserves a wide audience .” (The Business, Saturday 9th June 2007)

We specialise in discounted computer and academic books. We have books on all subjects including; Adobe graphics, Programming, Security, Networking, Database, Web, office, OS & certification books. We also stock books on business, finance, science, engineering and biographies. Please ask for info.




NOT THE RIGHT BOOK? - SEARCH BELOW
Title Search:
Author Search:
ISBN Search:
Terms & Conditions
  • Please note due to our discounted prices and high demand, books do go out of stock, if this is the case we will notify you and refund you in full. So please discuss any issues with our customer services before leaving any negative feedback.

  • The term P & P means Postage, Packaging Material and Handling cost. We try to provide our customers with good service consisting of quality packaging and fast dispatch (please see our feedback). If the courier charges more then the above postage cost, then we will require the additional postage cost from you. However if you feel the postage charges are too high then a full refund will be issued. Due to our extremely low prices - No discount will be given on postage.

  • Please note we have eight warehouses based in the United Kingdom. Although every effort is made to ensure that multiple purchases are combined and sent together - in some instances multiple purchases may be delivered separately. If this is the case we will email you to let you know. Our priority is to make sure you the customer receive your order as quickly as possible.
World Wide International Seller
We aim to dispatch your orders the Same Day after payment.


Learn more about trusted vendorsLearn more about trade sellers
View this Seller's Returns Policy

Postage & PackingUnited KingdomInternational
Standard£4.96£8.95
ExpressNot Specified - AskNot Specified - Ask

Payment Options:
Integrated OnlineYou can pay with your Debit or Credit card using EasyPay, our in-house payment serviceYou can pay with your Debit or Credit card using SecurePay, our in-house escrow service

Ask the seller a question top

Use this form to send an email to the seller to ask questions you may have about this item only.
Always Ask Before you bid. You can not retract a bid once an auction is closed.

See More Great Items From This Seller top
Click here for details
New York (4th Revised edition)

Closes: Instant Buy
Current Bid: £4.42 ($5.79) (no reserve)
Click here for details
Cook Express-Used

Closes: Instant Buy
Current Bid: £10.93 ($14.32) (no reserve)
Click here for details
How To Eat: The Pleasures and Principles of Good Food (Cookery)- -Used

Closes: Instant Buy
Current Bid: £0.90 ($1.18) (no reserve)
Click here for details
Blood Science - Andrew D Blann, Nessar Ahmed

Closes: Instant Buy
Current Bid: £48.39 ($63.42) (no reserve)
Click here for details
Ultimatum TPB- Jeph Loeb

Closes: Instant Buy
Current Bid: £76.92 ($100.81) (no reserve)
Click here for details
The Little Book of Magical Creatures (Paperback) - Elizabeth Pepper, Barbara Sta

Closes: Instant Buy
Current Bid: £10.99 ($14.40) (no reserve)

© CQout Ltd., 1999-2017 home | help | services | search | listings | register | affiliates | RightsWatch | about us | press | Blog | contact us
All Rights Reserved. Use of this website constitutes acceptance of our terms & conditions and site rules.