The 80/20 Principle: The Secret of Achieving More with Less - Hardcover

Richard Koch

3.99

27,510 ratings by Goodreads

9781857881677: The 80/20 Principle: The Secret of Achieving More with Less

Hardcover

ISBN 10: 1857881672 ISBN 13: 9781857881677

Publisher: Nicholas Brealey Publishing, 1997

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The Secret of Success by Achieving More With Less.

Learn how you can tap the hidden potential of the 80/20 principle in your life.

Richard Koch is a highly successful entrepreneur and investor. The 80/20 Principle―that 80 per cent of results flow from just 20 per cent of the causes―is the one true principle of highly effective people and organisations.

In one of the decade’s most original, provocative and powerful books, The 80/20 Principle shows how you can achieve much more with much less effort, time and resources, simply by concentrating on the all-important 20 per cent.

Astonishingly, though the 80/20 Principle has greatly influenced today’s world, this is the first book which shows you how to use it in a systematic and practical way.

“Through multiple examples, and a punchy down-to-earth commentary, Koch offers the first really useful advice we've seen in a management book for years.” ―Business Age

“Congratulations! The 80/20 Principle is terrific.” ―Al Ries, bestselling author of Focus and Positioning

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Review:

In 1897, Italian economist Vilfredo Pareto, in his study of the patterns of wealth and income, observed that the distribution of wealth was predictably unbalanced. He first discovered this pattern in 19th-century England and found it to be the same for every country and time period he studied. Over the years, Pareto's observation has become known as the 80/20 principle.

Now in 1998, Richard Koch takes a fresh look at the 80/20 principle and finds that the basic imbalance observed by Pareto 100 years ago can be found in almost every aspect of modern life. Whether you're investing in stocks, analyzing company sales, or looking at the performance of a Web site, you'll find that it's usually 20 percent that produces 80 percent of the total result. This means 80 percent of what you do may not count for much. Koch helps you to identify that 20 percent and shows you how you can get more out of your business, and life, for less.

From the Publisher:

From The 80/20 Principle:

"The 80/20 Principle can and should be used by every intelligent person in their daily life...It can multiply the profitability of corporations and the effectiveness of any organization. It even holds the key to raising the quality and quantity of public services while cutting their cost... The 80/20 Principle asserts that a minority of causes, inputs, or effort usually lead to a majority of the results, outputs, or rewards. Taken literally, for example, 80 percent of what you achieve in your job comes from 20 percent of the time spent. Thus for all practical purposes, four fifths of the effort--a dominant part of it--is largely irrelevant."

To learn how you can tap the hidden potential of the 80/20 principle in your life, read Richard Koch's exciting new book.

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