The “80/100 rule”

February 15, 2006

Search Results | Economist.com:

Orit Gadiesh, consulting in the right direction
Orit Gadiesh has led Bain & Company from near-bankruptcy to surprising success

“The most successful organizations have an ideology. There is a McKinsey way, a Goldman Sachs approach and a Bain philosophy, to take only three examples of firms with strong ideologies and the financial success to match.”

One of [Bain’s] principles is waht Ms Gadiesh calls the “80/100 rule”: the most brilliant solution to a business problem is useless if it cannot be implemented, so look for the 80% perfect answer that can actually make a difference to a client’s results.

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