- Paperback: 336 pages
- Publisher: Currency; Reprint edition (October 19, 1999)
- Language: English
- ISBN-10: 0385491743
- ISBN-13: 978-0385491747
- Product Dimensions: 5.2 x 0.6 x 8 inches
- Shipping Weight: 9.6 ounces (View shipping rates and policies)
- Average Customer Review: 221 customer reviews
- Amazon Best Sellers Rank: #17,545 in Books (See Top 100 in Books)
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The 80/20 Principle: The Secret to Achieving More with Less Paperback – October 19, 1999
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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.
From the Hardcover edition.
From the Inside Flap
an 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.
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The 80/20 principle itself is amazing indeed, but 95% of the points of this book come from 5% of its words. The same SINGLE idea is explained in 20 different contexts each repeated 20 times.
Just read an article or introduction about the 80/20 principle and that's all you need to know really.
The 80/20 principle has become somewhat popularized in the last 5 or so years. A lot of people think that just because they've heard about the concept, or because they shallowly know *about* the concept, that they've gotten all there is to it. Not so!
Richard shows that there is a far cry from actually *living* life the 80/20 way (which demands that you make tough decisions and learn to prioritize better). You have to take this idea very very seriously and apply it to more than one area of your life.
Koch is somewhat less successful at extending the 80/20 principle beyond the business world. He's absolutely correct that it's a useful tool for setting personal priorities... but Koch really needs to be more helpful about how to make this happen. His present approach, even with the updating in this new edition, arguably takes away from the strong focus in the first half of the book.
One of the most important aspects of the 80/20 principle for me is choosing specific people as friends, and eliminating those in my life who do not contribute happiness, support my dreams, or provide a loving partnership. This book helps you identify those around you who will serve you, who you may serve more effectively, and how to avoid allowing people to take advantage of you, etc. Following the suggestions in the book will only strengthen your relationships as well as your self-confidence.
This theme is repeated throughout the book in multiple examples. The author lays out all the guidelines, but it's up to you to use them for true effectiveness.
I highly recommend this book to those who want to have more success in their business and personal life.