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Quotes from The 80/20 principle: the secret of achieving more with less — Richard Koch

born 1950 England

← All quotes by Richard Koch

4 quotes

Conventional wisdom is not to put all of your eggs in one basket. 80/20 wisdom is to choose a basket carefully, load all your eggs into it, and then watch it like a hawk.

The 80/20 principle: the secret of achieving more with less (1999)

Business strategy should not be a grand and sweeping overview. It should be more like an under view, a peek beneath the covers to look in great detail at what is going on.

The 80/20 principle: the secret of achieving more with less (1999)

Marketing, and the whole firm, should devote extraordinary endeavour towards delighting, keeping for ever and expanding the sales to the 20 per cent of customers who provide 80 per cent.

The 80/20 principle: the secret of achieving more with less (1999)

Few people take objectives really seriously. They put average effort into too many things, rather than superior thought and effort into a few important things. People who achieve the most are selective as well as determined.

The 80/20 principle: the secret of achieving more with less (1999)

Attribution

Quotes and notes from Wikiquote: Richard Koch (page history), available under CC BY-SA 4.0.