Charles Koch
Charles Koch
Charles de Ganahl Kochis an American businessman, political donor and philanthropist. He is co-owner, chairman of the board, and chief executive officer of Koch Industries, while his brother David H. Koch serves as Executive Vice President. Charles and David each own 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch, then expanded the business. Originally involved exclusively in oil refining and chemicals, Koch Industries now includes process and pollution control equipment and technologies; polymers...
NationalityAmerican
ProfessionBusiness Executive
Date of Birth1 November 1935
CityWichita, KS
CountryUnited States of America
Charles Koch quotes about
When you start attacking cronyism and peoples political interests, it gets nasty.
My father wanted to instill the work ethic. And, because he knew if you don't learn to work to be more productive to improve your efficiency, to cooperate with other people at an early age, you may never learn those habits.
To make a quick buck, but over time, if you're not creating value for others, customers, society, isn't going to let you be around.
I feel a passion for what we're trying to do.I mean, why does somebody who's old who's a writer keep writing? Because that's who they are.
Hubris, arrogance, is just one step ahead of loss of integrity, because if you think you're better than other people, you know more, then you're going to think, as many leaders have, that the rules don't apply to them - so they lose their integrity.
Most companies want free enterprise in general because that produces better goods and services and makes people's lives better, but they don't want it in their business. They want protection from competition, they want subsidies, they want the government to pick winners and losers, and they want to be picked as winners, and that's what we're opposing, and that's what drives my whole efforts in policy, and in the political arena.
The role of business is to provide products and services that make people's live better - while using fewer resources - and to act lawfully and with integrity. Businesses that do this through voluntary exchanges not only benefit through increased profits, they bring better and more competitively priced goods and services to market. This creates a win-win situation customers and companies alike.
So to the best we can, what we do is focus on creating value for others, and how do we do that? We do it by trying to produce products and services that our customers will value more than their alternatives, and not just their alternatives today, but what the alternatives will be in the future. We try to more efficiently use resources than our competitors, and constantly improve in that, and we try to do the best job we can in creating a safe environment, and environmental excellence, and constantly improve at that.
Putting aside all the things that are said about Hillary [Clinton], my main difference with her is on the vision of what kind of society will make people's lives better. So this is a vision of society in which people are too evil or stupid to run their own lives, but those in power are perfectly capable of running everybody else's lives because they're so much smarter.
The easy way to make money is to get special political privilege. From the beginning of time, business has cozied up to government and gotten restrictions on competition and subsidies and stuff.
We are on dangerous terrain when government picks winners and losers in the economy by subsidizing favored products and industries.
Repeatedly asking for government help undermines the foundations of society by destroying initiative and responsibility. It is also a fatal blow to efficiency and corrupts the political process.
We strive to hire and retain only those who embrace our MBM® Guiding Principles, which encompass integrity, compliance, value creation, Principled Entrepreneurship, customer focus, knowledge, change, humility, respect and fulfillment.