Koch CEO Says Globalization is Key

Evansville businessman to address Junior Achievers on March 1

Saturday, February 17, 2001 By BYRON ROHRIG, Courier & Press staff writer

In a sense, "global" has been part of the scheme of things for Evansville's Koch Enterprises Inc. for "maybe 30 years," said Robert Koch II, the company's president and chief executive."That's how long we've had business relationships with partners in other countries," Koch said.

But until five or six years ago, those global relationships "were pretty much not significant in the overall scheme of our business," he said.

Times change.

"It has become evident that we have to become more of a global company in order to compete in the marketplace," said Koch, whose company made Forbes magazine's Top 500 Privately Held Corporations list in November 2000.

Koch intends to focus on globalization when he keynotes Junior Achievement's "Spirit of Free Enterprise Breakfast" on March 1 at The Centre in Downtown Evansville.

The event, which begins at 7:30 a.m., serves as the kickoff for Junior Achievement's annual major gifts campaign.

Besides corporate sponsors and potential donors, Koch's anticipated audience of 100 will also include Junior Achievers from Oak Hill Middle School, where a well-established JA program is in place.

Koch said he'll note how his company now uses the Internet to pursue its goal "to deliver on four continents consistent, uniform quality."

Citing Koch Enterprises subsidiary Gibbs Die Casting, for example, Koch described how he now can use the Internet "to pull up what production is in any of these plants, the quality they've been running, the efficiencies they've been running, how much metal they've processed."

But he said he'll also emphasize that success in the global economy requires both technical and cultural fluency. And that means the traditional, liberal arts education is as vital as ever.

"I think education is important to flourish, even to survive, in a global business environment," Koch said. "I think it is important for education to be a blend of the liberal arts part ― and world cultures, particularly ― along with schooling in the technical, business or other aspects of a company's effort."

He called world cultures "extremely important" to the background of the the prospective employees Koch is seeking.

"And we're looking for people who are willing to move out of the Tri-State for a year and move to Hungary or Korea or Brazil," where Koch operations are located.

"And that's not just for our technical people or managers ― we're needing people at all levels of the operation who are willing to (work abroad)," Koch said.

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Copyright© 2006
Koch Enterprises, Inc.
Evansville, IN