- Hardcover: 288 pages
- Publisher: Nicholas Brealey Publishing (6 May 1997)
- Language: English
- ISBN-10: 1857881672
- ISBN-13: 978-1857881677
- Product Dimensions: 23 x 15.8 x 2.8 cm
- Average Customer Review: 4.0 out of 5 stars See all reviews (76 customer reviews)
- Amazon Bestsellers Rank: 241,102 in Books (See Top 100 in Books)
The 80/20 Principle: The Secret of Achieving More with Less Hardcover – 6 May 1997
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"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." (The 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.
A business classic. --This text refers to the Audio CD edition.See all Product description
Top Customer Reviews
The author comes out with some quite amazing claims, Ronald Regan and Warren Buffet have never worked hard for their success and some of the world's most famous political leaders, Churchill, Kennedy, Thatcher could have been actors are just some of the many examples.
More than 80 per cent of the value of this book can be found in 20 per cent or fewer of its pages, and absorbed in less than 20 per cent of the time most people would take to read it through. Thus re-confirming the 80/20 Principle.
The book is over 300 pages but could easily be around 100.
The book then goes on into two main sections that explain how to use the 80/20 rule in business and in your life. The business section is strong, drawing on the author's experience at high-end consulting firms, and the personal section also works well as he shows his experience in applying the principles to the big-picture life questions.
At the end the book has been updated to show how the 80/20 rule applies to networks. Now in a sense this refreshes the book and brings it up to date with a host of new examples (I did read the original version some time ago), but in my view doesn't really add much to the book, and the author loses some of the clarity of thinking he demonstrates in the first 3/4 of the book. It's as though we have an 80/20 expert dabbling in someone else's theory. The same is true when he begins to talk about behaviour change and using the subconscious - the thinking here seems a bit out of date and doesn't really stack up with what I've read or been taught from neuroscience and behavioural change experts.
Overall however, it remains an excellent book and the it remains the best exposition of a very important principle, so from that standpoint highly recommended. In a similar vein, I'd also recommend Essentialism: The Disciplined Pursuit of Less
Most Recent Customer Reviews
This book is legendary in its status and has infiltrated thinking in almost every field - for example, in the third sector it is often said that 80% of the work is done by 20% of... Read morePublished 7 days ago by Noah
Classic book now repackaged with new material for the 21st century. the 80/20 principle has now become a cultural meme embedded in our psyche and this book is where it all came... Read morePublished 10 days ago by Zipster Zeus
Although the roughly 80:20 split does seem to work as a guiding principleI'm not too happy about the conclusions. Read morePublished 18 days ago by Patrolling Hamster
If you had to give this book a theme, it's about focus. Every day we spend so much time attending to stuff that does not matter. Read morePublished 22 days ago by Ross Boardman
This book leaves you with a lot of food for thought and makes you think about the way you are conducting your business. Read morePublished 22 days ago by Wendy Jones
Excellent book even after all these years but most of the beneficial core points have already been applied and recycled in other books, that's just how influential it was in it's... Read morePublished 23 days ago by Yusuf (Smiley) Yearwood
Practical and easy to follow. Would recommend to anyone who is working hard rather than efficiently. Would recommend to those who are in the rat race. Read more