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Title: The 80/20 Principle: The Secret to Success by Achieving More with Less by Richard Koch ISBN: 0-385-49174-3 Publisher: Currency Pub. Date: 19 October, 1999 Format: Paperback Volumes: 1 List Price(USD): $15.95

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Average Customer Rating: 4.05 (44 reviews)

Rating: 5
Summary: If you only read five books, this should be one: 80/20
Comment: The principle is simple, but counter-intuitive: Nature creates imbalances. This is true for money (20% of people have 80% of the wealth), crime (20% of criminals commit 80% of crimes), energy usage (15% of population uses 85% of energy), competition (20% of suppliers have 80% of market share)and even carpet (20% gets 80% wear and tear). . .

In a non-linear world:

1) Celebrate exceptional productivity . . .look for the short cut. . .be selective. . . only do what you do best. (pg 38)

2) Keep it simple. Size often creates complexity - which in turn creates inefficiency. Pour your effort into the 20% that makes a difference. Sometimes it is better to lose unprofitable customers to competitors (pg 93)

3) Hold on to your good customers and employees forever!

4) The key to 80/20 is not time-mangement. Don't try to do more. Just do more of the right things.

5) Do what you enjoy because enthusiasm and success is a complementary cycle.

6) Three great lists:
The top 10 low-value uses of time (pg 161)
The top 10 highest value uses of time (pg 161)
The ten golden rules for career success (pg 194)

Rating: 5
Summary: This book is in the 20% category that yeilds 80% of value.
Comment: Editor, Stern's Management Review online, Stern's SourceFinder, and HRconsultant.com ([email protected]) Koch takes a fresh look at the 80/20 principle and finds that the basic imbalance observed by Pareto 100 years ago can be found in modern life. Whether you're investing, analyzing company sales, or looking at performance, you'll find that it's usually 20 percent that produces 80 percent of the total result. This book shows how to identify that 20 percent and get more out of business and life.

This same principle may be applied to books: 20% of them (at best) yield 80% of what is of significance; this book falls into that 20% category. Recommended. Reviewed by Gerry Stern, founder, Stern & Associates, author of Stern's Sourcefinder: The Master Directory to HR and Business Management Information & Resources, the CyberSpace SourceFinder, and the Compensation and Benefits SourceFinder.

Rating: 2
Summary: good concept, but beware of over-application of the concept
Comment: Has good concepts when it comes to business, time management but has ideas that brainwashes you to believe in concepts that limit your possibility for happiness and success. Has contradicting ideas in the book.

It is an okay book, just gotta pick out the bones from the fishmeat.

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