Charles Koch Quotes

We try to reward people according to the value they create, value they create in society and for the company.

In most cases, no matter what it is, if you measure it and reward it, people will try to excel at it

The blunt tools of legislation or union power can force a corporation to pay higher wages, but if employees don't create an equal amount of additional value, there's no net gain.

Done right, a performance review is one of the best opportunities to encourage and support high performers and constructively improve your middle- and lower-tier workers.

Treat each case as an individual case, and give every man an opportunity to earn just as much money as he is capable of earning.

You have to take care of your guys. If a guy underperforms, you get rid of him. If a guy overperforms, you take care of him.

The only way to deliver to the people who are achieving is to not burden them with the people who are not achieving.

Creating in all employees the awareness that their best efforts are essential and that they will share in the rewards of the company's success.

One of the difficulties with all our institutions is the fact that we've emphasized the reward instead of the service.

You can't reward people who don't want to work with more money than they would make while they were working.

I do not think that anybody should get paid for lousy performance. I've said that for a long time. If you work hard and you do good, you get paid well.

You can't control what you can't measure

You never know when you're taking a job, ever... but you try to take good scripts. That's all you can do as an actor - take the best thing available. Even then, it's not [really] in your control. Certainly not in film and TV, because there are so many other elements. You just have to take control of your own performance.

If you have expectations, you try to put your standards on someone else's behavior. The fact is you can't control anyone but yourself, so creating standards, as opposed to expectations, keeps the ball in your court.

Business must be run at a profit, else it will die. But when anyone tries to run a business solely for profit, then also the business must die, for it no longer has a reason for existence.

An organization that is not facing up to people who are not getting the job done, is going to have difficulties.

Willing emancipateth: that is the true doctrine of will and emancipation - so teacheth you Zarathustra. No longer willing, and no longer valuing, and no longer creating! Ah, that that great debility may ever be far from me! And also in discerning do I feel only my will's procreating and evolving delight.

Speculation is a parasite feeding upon values, creating none.

Don't try to get all your rewards on earth. There are more rewards in Heaven.

The most basic of conservative principles is that if you reward bad behavior you get more of it.

Genuine [economic] value lies in the power to sustain or enrich life

Privilege, in any society, is the reward of duties performed.

When employees underperform, a leader tells them so.

Rather, to change a habit, you must keep the old cue, and deliver the old reward, but insert a new routine.

I'm trying to be really synced. It goes back to the idea that, ultimately, the reward is the work.