Would you like to learn how to get more done with less effort, eliminate wasteful activities? This book can show you how.
In The 80/20 Principle, Richard Koch thoroughly examines Pareto’s Law – the observation that, in any given context, “a minority of causes, inputs, or effort usually leads to a majority of the results, outputs, or rewards.” This inherent nonlinearity is present in all aspects of life, and by paying attention to your efforts and results, you can identify major opportunities for improvement in every aspect of your life and business.
In other words... for most events, roughly 80% of the effects come from 20% of the causes. This number can change – sometimes it’s 70/30 and sometimes it’s 90/10. But whatever the ratio, the point is that a small number of causes have a disproportionately large effect on the outcome.