Principle Based Management™
Many principles. One proven approach.
Principle Based Management™ is a way for organizations to succeed by helping others improve their lives. It is the business philosophy and framework that we apply to innovate, improve and transform ourselves in order to create greater value and find fulfillment. These five dimensions provide the organizing structure for the many principles of human progress included in PBM.
Vision
Vision: When the conditions are right, we can create virtuous cycles of mutual benefit by becoming a preferred partner and continually transforming.
Virtue and Talents
Virtue and Talents: Contribution-motivated employees seek growth and challenge.
Knowledge
Knowledge: We strive to learn at an ever-increasing rate in order to succeed and thrive in a rapidly changing world.
Comparative Advantage
Comparative advantage: People become increasingly motivated as they have opportunities to develop personal knowledge in their roles and earn greater decision rights.
Motivation
Motivation: We seek to align the interests of all employees with what will be beneficial for them and the organization.
The Koch Vision
To succeed long term by applying proven principles of human progress to help people improve their lives.
Guardian Industries' Vision
To help people improve their lives by providing products and services they value more highly than their alternatives and do so responsibly while consuming fewer resources.
Four leaders share examples of success.
Ron Vaupel, President and CEO, Guardian Industries
“We succeed when we stay true to our principles, our vision, and each other. This is how we create virtuous cycles of mutual benefit and make lives better."
Kristin Thoel, Vice President, Human Resources, Guardian Industries
“It’s exciting to think differently about career development opportunities, and to advance beyond traditional, more confined job requirements.”
Mohammad Allbrahim, General Manager, Africa Middle East, Guardian Glass
“Respect is centered on treating people as individuals. When you combine this principle with people who are eager to innovate, improve, and transform, you discover limitless benefits for both the individual and the company.”
Sascha Klengel, Commercial Leader for Asia Pacific, Guardian Glass
“What’s so helpful is that the better we get at sharing knowledge, the more solutions come from the bottom up.”