Product Description

How anyone can be more effective with less effort by learning how to identify and leverage the 80/20 principle--the well-known, unpublicized secret that 80 percent of all our results in business and in life stem from a mere 20 percent of our efforts.

The 80/20 principle is one of the great secrets of highly effective people and organizations.

Did you know, for example, that 20 percent of customers account for 80 percent of revenues? That 20 percent of our time accounts for 80 percent of the work we accomplish? The 80/20 Principle shows how we can achieve much more with much less effort, time, and resources, simply by identifying and focusing our efforts on the 20 percent that really counts. Although the 80/20 principle has long influenced today's business world, author Richard Koch reveals how the principle works and shows how we can use it in a systematic and practical way to vastly increase our effectiveness, and improve our careers and our companies.

The unspoken corollary to the 80/20 principle is that little of what we spend our time on actually counts. But by concentrating on those things that do, we can unlock the enormous potential of the magic 20 percent, and transform our effectiveness in our jobs, our careers, our businesses, and our lives.

Amazon.com Review

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.

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You don't need to be a math wiz.        Rating:

For math phobes Richard Kochs' The 80/20 Principle is a great intro and explanation of one of the key insights to economics and how thw real world works. After reading this book I've become interested in tackling a more advanced treatment of this subject, and of the work of Vilfredo Pareto.

8020        Rating:

For you mexicanos, debemos comprar este libro y leerlo y aplicarlo una y otra vez! en verdad vale lo dice.

80 percent of the message is in 30 percent of the book !!        Rating:

Great Book, and I would highly recommend you read it !!! Much of what he says in the book will have you thinking .... Not sure if he intentionally made the book so wordy to prove the 80/20 principle, but I think that 80% of the books message is in 30% of its pages ......... There are some important and thought provoking messages however you do not have to read through the whole book to get the message.

Great book        Rating:

This book is a gem. It could be a repetitive concept for many, but in my experience some concepts the are simple and powerful at the same time as this is, require many different approaches for the reader to completely grasp and understand. Koch is a great business thinker.

Highly useful, very clearly written, inspirational        Rating:

This is one of the more useful books I've read in my life. It is applicable to most things (not everything, in spite of the author's protestations), and the prose is not the leaden yuck that burdens many business tomes.

Furthermore, there are many sentences that are actually memorable, not just non-leaden. There isn't much pseudo-math in here; Koch is willing to let you simply try these principles and see if they work for you or not. Certainly his best work (of what I've read) and not one you want to miss. I wouldn't call it precisely a "business" book, although it certainly is that; it is as much a life book as well, for example he says that the people you spend your time with is one of your key decisions, most importantly your mate. Obvious, of course, yet often overlooked. Highly recommended.

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