The 80/20 Principle - Richard Koch - Part 3

The 80/20 Principle - Richard Koch

2017 Reading Challenge - Day 88

  March 29, 2017 

Book 28 - The 80/20 Principle: The Secret to Achieving More with Less
by Richard Koch (2008)
 Part 3 - pages 115-165
Reading Time - 1 hour

More business applications of this principle. An interesting idea... a few employees are priceless and worth more than their weight in gold. Many employees add a bit of value to an organization. Some employees actually subtract value from an organization. The thing is, it's not as simple as firing the slackers and hiring more stars. Sometimes you have to look and see if there is potential in the slackers.

The last couple of chapters in this section take a look at the notions of freedom and time. The time chapter was the one I was most looking forward to. It puts out the idea that most of our achievements happen in 20% of our day. We don't need to organize or manage our time better... we simply need to alter how we spend our time. Change the way we think about time. Because we all have a tonne of time, we just don't use it efficiently. I have to say... I didn't find this chapter as helpful as I expected. It's a bit vague I guess and I was left feeling short-changed somehow. I didn't really get a lot of takeaways from it. But... tempted as I am to toss this book back in the library hatch... I am going to complete it!