Book Review - The 80/20 Principle by Richard Koch
The
Secret of Achieving More with Less"
How to achieve success in any effort...... by doing
hardwork ? "NO !" says Richard Koch...in this book. Focussing our energies only on the 20 per
cent of the efforts that give 80 per cent of the results.... is the sure
shortcut to winning..... reveals the good-old 'Pareto Principle'...
Look at the
statistics....in any field.... for instance, the Library. Only 20 per cent of
books are read by 80 per cent of the clients and remaining 80 per cent of the
collection by the 20 per cent members.... In business, only 20 per cent of our
products bring in 80 per cent of the profits.... and vice versa.....
Finally,
only 20 % of our activities bring in 80 % happiness in life... The book is both
astute and entertaining... and could change your life... A must-read for people who dare to 'look
at' things differently.
What is 80/20 Principle ? Also known as 'Pareto's
Principle', it states that there is an inbuilt imbalance between causes and
results, inputs and outputs, and effort and reward...That is.... 80 per cent of
results flow from just 20 per cent of our efforts... This has been one true
principle of highly effective people and organizations.
A compulsive book that
makes one to think.....
Thanks for such a great post.
ReplyDeleteRelated : The 80/20 Principle Summary - Business Insane
Business Insane - "READ THE SUCCESS"