Richard Koch is a management consultant and writer of several books on how to apply the Pareto principle (80/20 rule) in all walks of life. Image File history File links Richard_Koch. ... Image File history File links Richard_Koch. ... The so-called Pareto principle (also known as the 80-20 rule, the law of the vital few and the principle of factor sparsity) states that for many phenomena 80% of consequences stem from 20% of the causes. ...
In his second book on the phenomonen, The Power Laws, he discusses the 80/20 principle as a basic principle for how the universe works, and sees the process of evolution, as described by Charles Darwin, as a special case of the 80/20 principle at work. A speculatively rooted phylogenetic tree of all living things, based on rRNA gene data, showing the separation of the three domains, bacteria, archaea, and eukaryotes, as described initially by Carl Woese. ... In his lifetime Charles Darwin gained international fame as an influential scientist examining controversial topics. ...
He also emphasizes that the 80/20 principle should not only be seen as method for making decisions or selections, but it should be combined with W. Brian Arthur's concepts of positive feedback and increasing returns. Positive feedback is a type of feedback. ... This article needs to be cleaned up to conform to a higher standard of quality. ...
Selected books
Koch, R. The 80/20 Principle. Nicholas Bray Publishing, 1997.
Koch, R. The Power Laws. Nicholas Bray Publishing, 2000.
Koch, R. The 80/20 Revolution. Nicholas Bray Publishing, 2002.
Koch, R. Living the 80/20 Way. Nicholas Bray Publishing, 2004.
Feeds |
Contact