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The 80/20 Principle: The Secret of Achieving More with Less [Special Edition] [Paperback]

Richard Koch
3.6 out of 5 stars  See all reviews (42 customer reviews)
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Review

'The 80/20 principle is the cornerstone of results-based living. Read this book and use it.' —Tim Ferriss, author of The 4-Hour Workweek

'Time management is not about organising your daily tasks, it is about organising your essential daily tasks, and dumping the rest. Koch has made millions from this - a bestseller based on just one idea - proving that it works.' —GQ's 25 Best Business Books

'Congratulations! The 80/20 Principle is terrific.' —Al Ries, bestselling author of Focus and Positioning

'There are ideas in here that could change your life.' —The Good Book Guide

'Koch is a passionate 80/20er. Read this and you will be too.' —Andrew Campbell, Ashridge Strategic Management Centre

'Both astute and entertaining, this is an intriguing book to help people concentrate on not wasting their lives.' —Professor Theodore Zeldin, St Anthony's College, Oxford

'We give this Dali-esque masterwork 5 stars... a beautiful collage of well-written prose... the book is worth many times its price.' —The Weston Review, Tampa Bay, Florida

'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

Review

"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." (The Age)

"Congratulations! The 80/20 Principle is terrific." (Al Ries)

“The 80/20 principle is the cornerstone of results-based living. Read this book and use it.” (Timothy Ferriss (No. 1 New York Times bestselling author of The 4-Hour Work Week))

"Congratulations! The 80/20 Principle is terrific." (Al Ries)

"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)

"Richard Aspel does an excellent job of enlivening to this interesting discussion of the 80/20 rule-the Pareto Principle-which states that we get 80 percent of our results from 20 percent of our activity. Koch provides background information and examples in addition to getting down to practical advice on how to put energy where it will get the greatest results. As narrator, Aspel's sensitivity is so fine-tuned and palpable that it's arresting. His approach serves to relax and soothe listeners while they blissfully absorb the wisdom offered. This is a fascinating and highly enjoyable audio that a broad range of listeners will enjoy." (AudioFile Magazine)

"The Pareto Principle--in Koch's words, "a minority of causes, inputs, or effort usually lead [s] to a majority of the results, outputs, or rewards" --is hardly new; Vilfredo Pareto discovered it in 1897. But London-based investor, entrepreneur, and author Koch traces Pareto's insight through the past century (George K. Zipf, Joseph M. Juran, IBM and other computer firms) and adds a bit of chaos theory to make the 80/20 principle a way of life. He spells out essential characteristics of "80/20 analysis" and "80/20 thinking," then explores application of this "Vital Few" approach, first in business, then in achieving personal success and happiness. Koch closes with a chapter on the social implications of the Pareto Principle, urging that this predictable imbalance between inputs and outputs is "not inherently right wing," and that steps such as spreading best practices in education to all students and giving those currently excluded from the market economy a stake in the game would generate less inequality as well as greater productivity." (Booklist) --This text refers to the Audio CD edition.

Book Description

A business classic. --This text refers to the Audio CD edition.

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...

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. --This text refers to an out of print or unavailable edition of this title.

About the Author

Richard Koch is a highly successful author, investor and entrepreneur, having made large returns from business as diverse as hotels, restaurants, personal organizers 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.
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