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Good Profit: How Creating Value for Others Built One of the World's Most Successful Companies

Charles Koch · ★★★★☆ · 270 pages · 2015

The book was surprisingly good. Not that anything in it is surprising but from the point of view of how to effectively run an organization there is not much to fault from this exposition of how to grow a company. One of the major aspects that I found useful was the notion of hiring: Roles, Responsibilities, Expectations. The idea is that you have a clear role, the responsibilities are clearly laid out. The responsibilities include ownership of decisions. Expectations are open ended but measurable ways to address the value each employee is bringing on. All of these give the company insight into what is expected of the employee and also in return what the employee expects of the company so that they can grow in their role.

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