Principle Based Management™

To succeed in today’s world of rapid change, we must have a heightened sense of urgency and the commitment to continually transform our performance. Our approach, Principle Based Management™, encourages and equips individuals to practice lifelong learning, drive innovation, embrace transformation and achieve self-actualization – all contributing to a healthy, growing organization.

Principle Based Management is the business philosophy and framework developed by Charles Koch that we apply to innovate, improve and transform ourselves in order to create greater value. Our values define who we are as an organization. We live by them daily, as they are essential to the creation of virtuous cycles of mutual benefit.

INTEGRITY
Have the courage to always act with integrity.
STEWARDSHIP & COMPLIANCE
Act with proper regard for the rights of others, especially regarding safety and the environment. Comply with all laws and regulations. Stop, think and ask.
PRINCIPLED ENTREPRENEURSHIP™
Create virtuous cycles of mutual benefit by becoming a preferred partner of customers, employees, suppliers, communities and other core constituencies. Continually seek to identify and close the gaps between what you are and what you could be accomplishing if you were fully applying Principle Based Management™.
TRANSFORMATION
Transform yourself and help the company and others to do the same. Develop the visions, strategies, capabilities, products and services that will enable us to satisfy unmet needs and create superior value.
KNOWLEDGE
Seek and acquire the best knowledge from any and all sources that will enable you to innovate and improve results. Share your knowledge proactively. Provide and solicit challenge consistently and respectfully.
HUMILITY
Be humble, intellectually honest and deal with reality constructively. Develop an accurate sense of self-worth based on your strengths, limitations and contributions. Hold yourself and others accountable to these standards.
RESPECT
Treat everyone with honesty, dignity, respect and sensitivity. Include and embrace different perspectives, experiences, aptitudes, knowledge and skills in order to leverage the power of diversity.
SELF-ACTUALIZATION
Be all you can be. Identify, develop and apply your gifts and passions so you can best contribute in ways that are most meaningful to you. Be a lifelong learner.