KhG Codex


Values:

The only value we share - time.

Owners:

  • Owners spend 5% or more of net profit on the charity. Anybody may propose the charity targets, and vote for any target.

  • Owners may not sell the company. However, owners may sell divisions and projects.

    • Owners pay 5% of the sum of the deal after taxes to people from the sold unit, proportionally to their salaries.

Everyone:

  • Everyone has to maximize the value, created by the company. Value = Benefits to Others X Quality X Efficiency.

  • Everyone suggests ideas of any size 1

  • Anyone may declare a time-out if they think things are going in the wrong direction 1

  • The person closest to a problem is the first responsible for figuring out how to solve it. 1

  • Everybody either implements every innovation from anyone or explains in written form, why they will not implement it.

  • Nobody fires people for cutting costs if there is any other choice. They may cut off profit, salaries, starting from top management, rearrange/reprofile people, if possible. But, repeating, they do not fire anyone if there is another choice.

1(1,2,3)

formulated by Chad Fulgham, as written by Charles Duhigg