WOW Publishings 80 20 Siddhant (Hindi edition The 80/20 Principle by Richard Koch) (Hindi, Paperback, Koch Richard)

Product Overview & Details

The central idea of 80/20 Siddhant is that not all activities, customers, products, tasks, or causes contribute equally to results. In many situations, a relatively small proportion of inputs produces a much larger proportion of outputs.

For example, the principle can be applied by asking questions such as:

• Which 20% of activities produce most of my results?
• Which customers generate most of my business?
• Which tasks create the greatest value?
• Which problems cause most of my difficulties?
• Which efforts should I reduce, eliminate, or prioritize?

Rather than encouraging people to simply work harder, Richard Koch argues for working more intelligently by identifying and concentrating on the most productive areas.