Monday 27 June 2022

The 80-20 Principle- Book Review

 


 
To our last week's discussion on " finding a pattern" in any situation or problem, the book 80-20 Principle is relevant to get more perspective about cause and effect.

In the best seller book " 80/ 20 Principle", the author Richard Koach tried to interpret and expand the findings of the Italian economist Vilfredo Pareto's work in the 19th century.

The Pareto found an observation that in Italy, 80 % of the country's wealth was with 20 % of the population. He found similarities in many economic relationships, and later, this principle was named after him as the Pareto principle. Eventually, the Pareto principles were further extended to all professions  and fields,

Although the 80/20 principle has long influenced the business world, the author reveals how it works in personal and professional life and shows how we can use it systematically and practically to increase our effectiveness and improve our career success with many examples...



If you want to get more perspective on cause and effect or pattern findings, i suggest reading this book.

As the book was published 22 years ago and in many languages; it is now available in many formats to read/download.

Happy learning.

https://amzn.to/3rtXRjO

Have a great week ahead.

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