The 80/20 Principle: The Secret of Achieving More with Less - Richard Koch

The 80/20 Principle: The Secret of Achieving More with Less - Richard Koch I remember a very funny connotation often made in my workplace that only 20 % people are working to produce 80 % of revenue. With an intent to dig deep into this I started reading this book. This book aims to provide you insight about how you can achieve much more with much less effort, time, and resources, simply by identifying and focusing efforts on the 20 % that really matters the most. The book has a rather dull start with harping on the principle too much. However the basic concept is extended to some effect in later part of the books to cover economics and ...  Read the complete review

Most people have heard of the 80/20 Principle, or Pareto's Law - the idea that 20% of the effort delivers 80% of the results. But what if we actually applied it? How could we transform our lives and turbocharge our productivity through using this simple, revolutionary concept? Think about it. In your own home, 20% of your carpets will get 80% of the wear. On the streets, 20% of criminals cause 80% of the crime. In the shops, more than 20% of novels account for 80% of the sales. The revelation that the universe is "predictably unbalanced" was discovered by Italian economist Vilfredo Pareto in 1897, when he realised that 80% of the land in England was ...  Read the complete review