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The 80/20 Principle: How to do more by doing less

According to the 80/20 principle, 80 percent of results are generated by just 20 percent of effort. The 80/20 principle was written in 1997 by Richard Koch and was named one of GQ’s top 25 business books of the Twentieth Century.  In today’s fast-paced world, many of us have to tackle a seemingly endless to-do list each day.  Finishing the first task and getting to the next task, only to find that two new tasks had just come to the surface in the meantime. On the other hand, as companies are growing bigger, they may face more challenges with complexity such as looking to serve several markets with broader range of products or services, juggling all of them like a...

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