The 80/20 Rule: Why everyone in Consulting uses it (Pareto principle)
The first 1000 people to use the link will get a free trial of Skillshare Premium Membership: https://skl.sh/firmlearning03211
This video goes in depth on the 80/20 rule. The 80/20 rule, also called the Pareto principle, is a key principle followed by virtually everyone in consulting. I will tell you why everyone in consulting uses the 80 20 rule. Pareto principle explained! The Pareto principle was first invented by Vilfredo Pareto. In management consulting firms like McKinsey, BCG or Bain, the 80-20 rule is widely used by consultants. In this video, I show you how to use the 80/20 rule. 80/20 rule explained - let me teach you this essential consulting skill. I will provide many examples for the Pareto principle and the 80/20 rule. For every strategy consulting business and other high-paced careers, the 80/20 rule and Pareto principle are fundamental concepts to master.
Chapters
00:00 Introduction
02:15 Primer and Examples for Pareto Curves
04:30 Pareto Analysis for Consulting
07:30 Skillshare
08:53 80/20 Rule for Team Management
12:26 Wrap-up
This video was sponsored by Skillshare.
🎓 MY ONLINE COURSES*
Learn to make PowerPoint presentations like Top Management Consultants:
"CEO-level Presentation Skills - Slide Writing for Consulting"
https://link.firmlearning.com/slides
Learn to negotiate your salary and earn your worth:
"The Complete Salary Negotiation Master Class - ASK for more"
https://link.firmlearning.com/salaryn...
Everything you need to know about Blockchain and Cryptocurrency:
"The Complete Course on Blockchain and Bitcoin"
https://link.firmlearning.com/blockchain
📄 CV AND COVER LETTER TEMPLATE*
Get a CV and cover letter template based on my own documents. With earlier versions of this CV and cover letter, I successfully applied to McKinsey as consultant:
https://link.firmlearning.com/learning
👍 CHANNEL MEMBERSHIP
Become a member of Firm Learning to support my work and get access to perks:
https://link.firmlearning.com/join
📩 NEWSLETTER
Sign-up to the Firm Learning e-mail newsletter to continue learning about Business and Management:
https://link.firmlearning.com/e-mail
☑️ RECOMMENDATIONS*
Books that I loved (Management & Self-development): https://link.firmlearning.com/books
Travel like a consultant: https://link.firmlearning.com/travel
GMAT study material: https://link.firmlearning.com/gmatstudy
My video equipment: https://link.firmlearning.com/myequip...
Learn to code (with 50 USD discount): https://link.firmlearning.com/udacity
Skillshare - start taking courses with free trial: https://link.firmlearning.com/skillshare
🎧 AUDIOBOOKS*
This is a link to the audiobook service Audible that I use every day. It helps me "read" 50+ books every year. The link gives you a free test month:
https://link.firmlearning.com/audible
💬 SOCIAL MEDIA
Instagram: https://link.firmlearning.com/instagram
LinkedIn: https://link.firmlearning.com/linkedin
Discord: https://link.firmlearning.com/discord
TikTok: https://link.firmlearning.com/tiktok
Facebook: https://link.firmlearning.com/facebook
Links are Affiliate links. This means I receive a revenue share whenever a purchase is made via the link. The price for you stays the same. Please always do your own research when signing up with other services. I cannot be held liable for any misrepresentations or damages, except for gross negligence. Thank you for supporting my work at Firm Learning!
All views expressed on this channel are private opinions of this channel's creator Heinrich. This is NOT an official channel of any consulting firm.
Смотрите видео The 80/20 Rule: Why everyone in Consulting uses it (Pareto principle) онлайн без регистрации, длительностью часов минут секунд в хорошем качестве. Это видео добавил пользователь Firm Learning 06 Март 2021, не забудьте поделиться им ссылкой с друзьями и знакомыми, на нашем сайте его посмотрели 37,812 раз и оно понравилось 902 людям.