The Power Laws: The Science of Success: How Business Really Works

The Power Laws: The Science of Success: How Business Really Works

by RichardKoch (Author)

Synopsis

In this sequel to The 80/20 Principle , the author reveals how things really work - the universal, powerful patterns in nature, society, organizations and markets, the power laws - that can be applied successfully to life and business today. Drawn from every element of the sciences, these Power Laws - from Natural Selection to the Theory of Relativity, from the 80/20 Principle to the Tipping Point - provide clues as to how the world operates, enabling us to trace truly universal and powerful patterns, which generate insights into business. By understanding and applying them, ideas about how to be successful can be generated. Richard Koch shows how to use these Power Laws to identify and exploit business opportunities; to please the right customers; to shed light on the nature of competition; how to beat - and co-operate with - competitors.

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More Information

Format: Hardcover
Pages: 256
Publisher: Nicholas Brealey Publishing
Published: 11 May 2000

ISBN 10: 1857882490
ISBN 13: 9781857882490
Book Overview: for existence is at the heart of business, but that the struggle is primarily between ideas, not between corporations; that corporate competition is marginal to our economies and to our personal success. The Power Laws tell us that innovation is mand

Author Bio
Richard Koch is unusual in that he combines thinking about business with practising it successfully. Besides being the author of eleven acclaimed books, he is a 'serial entrepreneur', having made large returns from businesses as diverse as consulting, hotels, personal organisers, restaurants, gin, and high technology investments. Before he took up money-making seriously, he was a partner with the American consulting firm Bain & Co and a co-founder of The LEK Partnership, the most successful business strategy boutique in the world during the 1980s. He is now a non-executive director of four quoted companies and advises venture capital groups in the UK and South Africa. He is also a founding investor in WebAngel.com, the Internet 'accelerator', and a shareholder and director of Gemini SA, one of South Africa's largest consulting firms.