The Power Laws

In this summary you will learn

• What scientific principles govern the way the world works
• How the laws of science and the laws of business are connected
• How to successfully apply scientific principles to your business

getAbstract rating

Why you should read The Power Laws

The world of science today is consumed with the search for an elusive "Theory of Everything." Richard Koch, following up on his best-selling The 80/20 Principle, provides the business equivalent of this scientific Holy Grail in The Power Laws. While the Theory of Everything will - in theory - explain how the seemingly contradictory principles of relativity and quantum mechanics can simultaneously exist, Koch’s Power Laws provide a simple framework through which to view the many similarly disparate forces that affect business. Richly detailed and splendidly written, this page-turner applies the laws of science to economics and business. While this is not the first book to use metaphors like Darwinism to explain the workings of commerce, Koch is smart enough and skillful enough to move beyond simple parallels and use the science to identify and explain core elements of business. getAbstract highly recommends this soon-to-be classic to everyone in the business world.

About the Author

Richard Koch  is the author of the best-selling The 80/20 Principle and ten other books. A successful entrepreneur, he has been a partner with the consulting firm Bain & Co., and a co-founder of The LEK Partnership. He advises venture capital groups in the UK and South Africa. He is also a founding investor in WebAngel.com, the Internet accelerator, and a director of Gemini SA, one of South Africa’s largest consulting firms.