80 20 Principle Quotes & Sayings
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Top 80 20 Principle Quotes
The 80/20 principle - that 80 percent of result flow
from just 20 per cent of the causes - is the one
true principle of highly effective people. — Richard Koch
Economists often talk about the 80/20 Principle, which is the idea that in any situation roughly 80 percent of the "work" will be done by 20 percent of the participants. In most societies, 20 percent of criminals commit 80 percent of crimes. Twenty percent of motorists cause 80 percent of all accidents. Twenty percent of beer drinkers drink 80 percent of all beer. When it comes to epidemics, though, this disproportionality becomes even more extreme: a tiny percentage of people do the majority of the work. — Malcolm Gladwell
The 80/20 Principle asserts that a minority of causes, inputs, or effort usually lead to a majority of the results, outputs, or rewards. Taken literally, this means that, for example, 80 percent of what you achieve in your job comes from 20 percent of the time spent. Thus for all practical purposes, four-fifths of the effort - a dominant part of it - is largely irrelevant. — Andy Stanley
We tend to think of innovation as difficult, but with the creative use of The 80/20 Principle innovation can be both easy and fun! — Richard Koch
In business the 80/20 principle is behind any innovation, any extra value. It is an entrepreneurial principle, a formula for value creation utilized not only by entrepreneurs, but by most managers and organizations. — Richard Koch
There is no shortage of time. In fact, we are positively awash with it. We only make good use of 20 per cent of our time ... The 80/20 principle says that if we doubled our time on the top 20% of activities, we could work a two-day week and achieve 60 per cent more than now. — Richard Koch
The 80/20 Principle, like the truth, can make you free. You can work less. At the same time, you can earn more and enjoy more. The only price is that you need to do some serious 80/20 thinking. — Richard Koch
20% of management theories are responsible for 80% of results. That's assuming the Pareto Principle makes the cut. — Ryan Lilly