Publisher: Nicholas Brealey, 1997, 302 pages
ISBN: 1-85788-167-2
Keywords: Strategy, Management
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 organizations.
At the heart of the 80/20 Principle is a counter intuitive yet prevalent fact — the profound imbalance, loopsidedness and lack of correspondence between effort and reward — what scientists call non-linearity. The universe is wonky, yet we still expect an equal ratio of cause to effect. When things don't work out this way, we often refuse to notice. Our blinkers subvert our effectiveness.
The 80/20 Principle can transform your life, your organization, our society: not by applying a panacea, but by working with rather than against the grain of the universe.
Brilliant and well written. Need to read it a few more times.
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