The 80/20 Revolution: Why The Creative Individual Is King And How YOU Can Create Wealth And Wellbeing

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ISBN 10: 1857883055 / ISBN 13: 9781857883053

Published by - -, 2002

About this Item

This book is in very good condition and will be shipped within 24 hours of ordering. The cover may have some limited signs of wear but the pages are clean, intact and the spine remains undamaged. This book has clearly been well maintained and looked after thus far. Money back guarantee if you are not satisfied. See all our books here, order more than 1 book and get discounted shipping.

Seller Inventory # 6545-9781857883053

Bibliographic Details

• Title: The 80/20 Revolution: Why The Creative Individual Is King And How YOU Can Create Wealth And Wellbeing
• Publisher: - -
• Publication Date: 2002
• Language: English
• ISBN 10: 1857883055
• ISBN 13: 9781857883053
• Binding: Hardcover
• Condition: Very Good

About this title

Synopsis

No longer are corporations and capital king. There's a new way to create wealth that is better than the traditional route of managerial capitalism. Creative individuals are at the heart of the new revolution. In this book Koch shows how a new 21st century individualism is replacing capitalism and how individuals can create wealth and wellbeing. The revolution follows one simple principle - the 80/20 principle. Success comes from exclusive focus on the few very powerful forces operating in an arena. The most important forces to which the 80/20 principle apply are ideas and individuals, but it also applies to the other raw materials of enterprise -customers, partners, technologies, products, suppliers and capital. Wealth is most effectively multiplied by subtraction and re-arrangement of industries, not through the traditional routes of aggregation of activities and assets. More separate enterprises are created, spawned by a new idea from individuals, and linked together by markets rather than by hierarchy and central planning. The 80/20 revolution is as important as the three other revolutions in economic history - agricultural, industrial and managerial - which changed economies and societies for ever. The same will happen again, over the next two decades. The most seminal change has already happened - the most successful corporations now revolve around a few individuals. The corporation serves individuals, not the other way round. We will witness a huge wealth transfer to individuals and away fom institutions, to entrepreneurs and away from passive investors.

About the Author

Richard Koch is a highly successful author, investor and entrepreneur, having made large returns from businesses as diverse as hotels, restaurants, personal organisers and consulting. A former partner at consulting firm Bain & Co, and co-founder of The LEK Partnership, the fastest growing and most profitable 'strategy boutique' of the 1980s, Richard now lives the 80/20 way between Gibraltar, Spain, Portugal and South Africa.