Wow! eBook
The 80/20 Principle: The Secret of Achieving More with Less
Author(s): Richard Koch (Author)
- Publisher: Nicholas Brealey Publishing
- Publication Date: 21 May 1998
- Language: English
- Print length: 304 pages
- ISBN-10: 1857881680
- ISBN-13: 9781857881684
Book Description
The 80/20 principle – that 80 per cent of results flow from just 20 per cent of the causes – is a principle adopted by many effective people and organizations. This text shows how you can achieve more with less effort, time and resources, by concentrating on the that 20 per cent. The pattern of predictable imbalance crops up throughout life. In this text, Richard Koch uses a wide range of examples from business, personal and social spheres, to demonstrate the 80/20 principle
Editorial Reviews
From the Publisher
The 80/20 Principle can provide a key to control our lives
The 80/20 Principle – that 80% of results come from 20% of the causes – has greatly influenced today’s world: but this is the first book showing readers how to use it in a practical and systematic way. The pattern of predictable imbalance which was noted a century ago by Pareto crops up throughout life, and in The 80/20 Principle Richard Koch opens our eyes to the way the world really works. He reinforces the principle with many examples of it in operation – 20% of products account for 80% of profits, as do 20% of customers; 20% of motorists account for 80% of accidents…
The 80/20 Principle – that 80% of results come from 20% of the causes – has greatly influenced today’s world: but this is the first book showing readers how to use it in a practical and systematic way. The pattern of predictable imbalance which was noted a century ago by Pareto crops up throughout life, and in The 80/20 Principle Richard Koch opens our eyes to the way the world really works. He reinforces the principle with many examples of it in operation – 20% of products account for 80% of profits, as do 20% of customers; 20% of motorists account for 80% of accidents…
Most things we do have trivial results, and only a little of what we do really matters. So if we focus on the latter, we can control events instead of being controlled by them – and achieve several times the results.
About the Author
Richard Koch is a highly successful author, investor and entrepreneur, having made large returns from businesses as diverse as hotels, restaurants, personal organisers and consulting. A former partner at consulting firm Bain & Co, and co-founder of The LEK Partnership, the fastest growing and most profitable ‘strategy boutique’ of the 1980s, Richard now lives the 80/20 way between Gibraltar, Spain, Portugal and South Africa.
