Richard Koch
The 80/20 Principle
The 80-20 rule, also known as the Pareto Principle, states that 80% of outcomes come from 20% of causes. This principle emphasizes focusing on the critical 20% of factors that will yield the most significant results. It suggests identifying an entity's most valuable assets and utilizing them effectively to maximize value creation.
In this KitUP, You'll learn:
- Why doing less can give you more.
- How and where the 80/20 rule can be implied.
- Why it's not always the 80/20 ratio.
- How to focus on what matters.
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