Synopsis
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
From the Publisher
The 80/20 Principle can provide a key to control our livesThe 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.