The 80/20 Principle
The Secret to Achieving More with Less BY RICHARD KOCH – CURRENCY – © 1999 – 288 PAGES What is the 80/20 Principle? According to Richard Koch: “20% of what we do leads to 80% of the results; but 80% of what we do leads to only 20%. We are wasting 80%of our time on low-value outcomes.” “Calm down, work less and target a limited number of very valuable goals where the 80/20 Principle will work for us.” “Conventional wisdom is not to put all eggs in one basket. 80/20 wisdom is to choose a basket carefully, load all of your eggs into it and then watch it like a hawk.”