The 80/20 Principle--that 80 percent of results flow from just 20 percent of our efforts--is one of the great secrets of highly effective people and organizations.
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 percent. Astonishingly, although the 80/20 Principle has long influenced today's world, Richard Koch is the first person to show how to use it in a systematic and practical way.
The pattern of predictable imbalance underlying the 80/20 Principle was first discovered a hundred years ago by Italian economist Vilfredo Pareto while studying income and wealth patterns. But the pattern of "predictable imbalance," as he termed it, crops up throughout life. In The 80/20 Principle, Koch opens our eyes to the way the principle works through a wide range of examples in business, commerce, and virtually every aspect of our lives. For example, 20 percent of products account for 80 percent of sales and profits; similarly, 20 percent of customers account for 80 percent of revenues.
By identifying and focusing on the 20 percent of our efforts that result in the huge bulk of our success, we can leverage our efforts to vastly increase our effectiveness. For we discover that little of what we do really counts. By concentrating on those things that do, we can transform our effectiveness in our jobs, our careers, our businesses, and our lives. By showing how to unlock the enormous potential of the magic 20 percent, The 80/20 Principle will revolutionize your life.
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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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Descripción Currency Books / Doubleday & Company, Inc. Hardcover. Estado de conservación: New. 0385491700. Nº de ref. de la librería 063944
Descripción Currency Books / Doubleday & Company, Inc., 1998. Hardcover. Estado de conservación: New. book. Nº de ref. de la librería M0385491700
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Descripción Currency Books / Doubleday & Company, Inc. Hardcover. Estado de conservación: New. 0385491700 New Condition. Nº de ref. de la librería NEW7.0125549