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The 80/20 Principle

The Secret of Achieving More with Less

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The 80/20 Principle

Written by: Richard Koch
Narrated by: Richard Aspel
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About this listen

Learn how you can tap the hidden potential of the 80/20 principle in your life. Richard Koch is a highly successful entrepreneur and investor.

The 80/20 Principle - that 80 per cent of results flow from just 20 per cent of the causes - is the one true principle of highly effective people and organisations. In 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 per cent.

Astonishingly, though the 80/20 Principle has greatly influenced today's world, this is the first book which shows you how to use it in a systematic and practical way.

©1997 Richard Koch (P)2007 Bolinda Publishing Management & Leadership Personal Success Small Business & Entrepreneurship

What the critics say

"Congratulations! The 80/20 Principle is terrific." (Al Ries)
"Through multiple examples, and a punchy down-to-earth commentary, Koch offers the first really useful advice we've seen in a management book for years." (The Age)
"Richard Aspel does an excellent job of enlivening to this interesting discussion of the 80/20 rule-the Pareto Principle-which states that we get 80 percent of our results from 20 percent of our activity. Koch provides background information and examples in addition to getting down to practical advice on how to put energy where it will get the greatest results. As narrator, Aspel's sensitivity is so fine-tuned and palpable that it's arresting. His approach serves to relax and soothe listeners while they blissfully absorb the wisdom offered. This is a fascinating and highly enjoyable audio that a broad range of listeners will enjoy." (AudioFile Magazine)
"The Pareto Principle--in Koch's words, "a minority of causes, inputs, or effort usually lead [s] to a majority of the results, outputs, or rewards" --is hardly new; Vilfredo Pareto discovered it in 1897. But London-based investor, entrepreneur, and author Koch traces Pareto's insight through the past century (George K. Zipf, Joseph M. Juran, IBM and other computer firms) and adds a bit of chaos theory to make the 80/20 principle a way of life. He spells out essential characteristics of "80/20 analysis" and "80/20 thinking," then explores application of this "Vital Few" approach, first in business, then in achieving personal success and happiness. Koch closes with a chapter on the social implications of the Pareto Principle, urging that this predictable imbalance between inputs and outputs is "not inherently right wing," and that steps such as spreading best practices in education to all students and giving those currently excluded from the market economy a stake in the game would generate less inequality as well as greater productivity." (Booklist)

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