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Antoine Delers

Pareto's Principle: The 80/20 Rule

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Expand your business with the 80/20 rule!This book is a practical and accessible guide to understanding and implementing Pareto’s Principle, providing you with the essential information and saving time.In 50 minutes you will be able to:     • Understand Pareto’s Principle and how to identify the 80/20 ratio in any area of your life or business   • Identify the most important 20% and focus on the main factors that result in the majority of your results   • Use Pareto’s Principle to manage your business more efficiently, increase revenue and get organizedABOUT 50MINUTES.COM| Management & Marketing50MINUTES.COM provides the tools to quickly understand the main theories and concepts that shape the economic world of today. Our publications are easy to use and they will save you time. They provide both elements of theory and case studies, making them excellent guides to understand key concepts in just a few minutes. In fact, they are the starting point to take action and push your business to the next level.
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Цитаты

  • DmitriyPapцитирует6 лет назад
    Pareto’s principle is a universal tool which shows that 20% of causes contribute to 80% of the effects. By identifying these causes, an organization can easily control the most important effects.
  • DmitriyPapцитирует6 лет назад
    Limiting time loss. By knowing which activities are the most productive, a manager can focus on them to improve their performance.
  • DmitriyPapцитирует6 лет назад
    Knowing its customers better. A company can set its communication strategy and target the most important consumers. It’s important to know the characteristics of 20% of the largest customers, including their source, their type of industry (in the case of professionals) or their age and gender (in the case of individuals). By doing this, it can create new prospects that match the characteristics. The target consumers are similar to the best customers; the company has a better chance of bringing them from the prospective stage to the consumer stage;

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