The Secret to Achieving More with Less: Increasing the Productivity of Resources to Cope with a Rapidly Changing Economic Environment

Publisher at Corporate University Network

Peter F. Drucker rendered explicit the interrelationship between and among three distinct concepts—namely, abandonment, concentration and Pareto's Law (a.k.a. the 80/20 Principle). Abandonment and concentration, Drucker reminded us, are opposite sides of the same coin. Simply put, abandoning unproductive and obsolete activities frees up

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