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The 80/20 Principle
The 80/20 Principle: The Secret to Achieving More with Less | Richard Koch
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. From the Trade Paperback edition.
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Kell1
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Pickpick

I first came across the 80/20 principle in university when studying industrial maintenance. It turns out that 80% of breakdowns come from 20% of equipment. I could later verify this in my graduate program when I joined an oil and gas company. I never thought this principle could be applied for almost everything in life. Richard Koch did a great job of expanding on Pareto's principle to a broader application. Highly recommend this great book.

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anishpathak
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just started this to read

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review
RinaBrahmbhattBarot
Pickpick

Really useful, like me if you are pondering where to divert attention :)

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