The 80/20 Principle: The Secret to Success by Achieving More with Less

Name: The 80/20 Principle: The Secret to Success by Achieving More with Less
Author: Richard Koch

By Richard Koch

"The 80/20 Principle" asserts that a minority of causes, inputs, or effort (roughly 20%) often lead to a majority of the results, outputs, or rewards (roughly 80%), suggesting that focusing on the most productive elements can improve efficiency and success.