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Better Business Thinking

The 80/20 Rule by Ron Taylor

The full title of this book by Ron Taylor is

The 80/20 Rule: Putting the Power of the Pareto Principle to Work in Your Strategic Planning and Business Development“.

In my review posted on Amazon.co.uk, I rated the book at the Four Stars level, meaning that I think it is good to very good.

Here is what I wrote.

An 80/20 business parable

In theory, I like the idea of a business parable, that is a novel style story that carries business lessons. In practice, my experience is that they can be hit and miss. I’ve come across some where the “plot” and dreadful dialogue get in the way of learning by making reading the book a painful and distracting experience. [continue reading…]

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In my review of

Summary: The 80/20 Principle: Review and Analysis of Koch’s Book

posted on Amazon.co.uk, I gave the summary Three Stars, meaning Worthwhile.

Here is my review.

Useful summary of an important book

It must be ten years since i read Richard Koch’s book “The 80/20 Principle “. The main message is easy to remember but I thought I’d probably forgotten many of the nuances.

These book summaries fit into 80/20 thinking. You can learn most of the lessons by reading a summary that’s chopped away 80% of the bloat.

The big reminders I got were:

– be proactive. Think what are likely to be the key 20% of inputs?
– the scope of using 80/20 ideas in business is very wide. Most problems can be tackled with 80/20 thinking.

The 80/20 ideas can also be applied to your personal productivity and effectiveness as well as in your personal life. This about living life purposefully by deciding what you want and thinking about the most effective ways to do it.

The summary is useful because it’s quick to read all the way through when too many books are started and not finished. It will help you decide if you want to apply the 80/20 ideas but if you do, I suspect you’ll want to read the full book or one of the other books Richard Koch has written.

The ideas behind the 80/20 principle are important to understand and this summary provides an easy way to start learning.

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It’s Not Luck by Eliyahu Goldratt

In my review of

It’s Not Luck

by Eliyahu Goldratt posted on Amazon.co.uk, I gave it Three Stars. This is Worthwhile.

Here is my review.

A story using the Theory of Constraints in the market where lack of demand is the constraint

I read It’s Not Luck when it was first published in 1994 and have read it several times since but I still think it’s a disappointing book.

I loved The Goal by Eli Goldratt. It is an insightful business book which revealed simple and powerful ideas through a fast paced and engaging story. It brought the Theory of Constraints to the world and challenged some of the new ideas coming out to right the ills of 1980s/1990s accounting. It’s Not Luck is a pale shadow of it’s famous predecessor. [continue reading…]

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The full title of this book by Mike Gershon is

50 Quick and Easy Ways to Outstanding Critical Thinking at Work: Your Step-By-Step Guide to Success

In my review posted on Amazon.co.uk, I gave the book Two Stars.

Here is my review.

Disappointing

The author has written a series of Quick and Easy Ways books.

It’s clearly an appealing title but, the book I read, felt forced to fit into the formula. Each point is meant to be brief but of similar length so that means that sometimes you’ll be left wanting more, other times wondering why he wasted words (and your time).

Worst of all, I thought it was dull.

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Attract First Rate Customers by Dov Gordon

How To Systematically And Consistently Attract First Rate Customers by Dov Gordon

Book Review Rating – 5 Stars

Dov Gordon is known as the Alchemist Entrepreneur and is a business coach based in Israel who specialises in helping business owners to attract better quality customers and clients.

He is also a friend of mine.

What makes Dov different from the crowd of business coaches who believe they can help you to get more customers is that he has a special focus on clear thinking. [continue reading…]

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Zero Based Thinking Clarifies Difficult Decisions

A business owner must face up to having to make difficult decisions. One of the best techniques for finding clarity is Zero Based Thinking.

This learnt about this concept from management expert Brian Tracy but I’m not sure if it’s one of his original ideas or if he got it from someone else.

This is useful if you have employment decisions to make or if you are thinking about stopping something that you started.

How Zero Based Thinking Works

The next time you have a difficult decision to make, ask yourself this one question: [continue reading…]

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The Hidden Obstacles To Your Success by Rich Schefren

The Hidden Obstacles To Your Success by Rich Schefren

Book Review – 5 Stars

Rich Schefren made his name by writing excellent free reports for Internet marketing entrepreneurs starting with the Internet Business Manifesto to promote premium priced training courses.

You can see details of them if you click on the link below: [continue reading…]

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