Guest: Steve Daley, Koch Industries President of Market-Based Management
What does it take to build a resilient, innovation-driven culture—without relying on rigid rules or micromanagement?
In this episode, Steve Daley shares how Koch Industries reimagines work through Principle-Based Management. Hosted by Maureen Metcalf, this conversation dives into how Koch empowers employees by trusting them with responsibility, rewarding contribution, and fostering leadership at every level.
Here's what Steve and Maureen cover:
- Why Koch abandoned traditional job descriptions;
- Why even Charles Koch receives a formal performance review; and
- Why leaders are expected to not be bureaucrats!
Other episodes you'll enjoy:
- How Missing Ethics Makes a Mess of Organizations with Greg Moran
- Addressing Values Conflicts with John Heiser
- Non-Traditional Leadership Models for Our New Era with Nathan Eva & Nicole Ferry
For daily wisdom from our guests, be sure to follow us on LinkedIn. We’re onTikTok, Threads, and Twitter, too!
RESOURCES:
The website about Koch’s principles-based system is https://principlebasedmanagement.com/en.
Chase Koch’s blog is on Medium at https://chasekoch.medium.com/.
Charles Koch’s book is Believe in People: Bottom-Up Solutions for a Top-Down World. It’s on Amazon at https://amzn.to/43PgKBa.
Our host Maureen Metcalf posts a newsletter every week on LinkedIn. You can subscribe here.
Maureen’s latest book is Innovative Leadership & Followership in the Age of AI. You’ll find details about it at https://bit.ly/LeaderInAI, or check out the Kindle version at https://amzn.to/44buVz8. The audiobook version is now available at https://amzn.to/4dTCleZ.
Her other 10 books are available on Amazon here.
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OUR PODCAST TEAM:
Host & Executive Producer: Maureen Metcalf
Editor & Executive Producer: Dan Mushalko
Graphics Editor: Stacia Rogan
Booking Producer: Jenna Reik
Theme Music by Pavel Bekirov from Pixabay.
CONNECT WITH US:
YouTube: @InnovatingLeadership
LinkedIn: https://bit.ly/ILI-LinkedIn2
Website: InnovativeLeadershipInstitute.com
Loved this episode? Leave us a review and rating!
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About Our Guest:
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