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
When the conditions are right, we can create virtuous cycles of mutual benefit by becoming a preferred partner and continually transforming.
Virtue and Talents
Contribution-motivated employees seek growth and challenge.
Knowledge
We strive to learn at an ever-increasing rate in order to succeed and thrive in a rapidly changing world.
Comparative Advantage
People become increasingly motivated as they have opportunities to develop personal knowledge in their roles and earn greater decision rights.
Motivation
We seek to align the interests of all employees with what will be beneficial for them and the organization.
Koch's 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.
Kristin Thoel, Vice President, Human Resources
“It’s exciting to think differently about career development opportunities, and to advance beyond traditional, more confined job requirements.”
By focusing on the individual’s gifts, on what they enjoy and want to learn, and on what will create value for the business, we’ve found the right combinations for success. Kristin has seen it happen time and time again. Discover examples of people who have broken through traditional career barriers in our employee profiles.