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Richard Koch | |
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Born | Richard John Koch 28 July 1950 London, Britain |
Education | M.B.A. University of Pennsylvania, Wadham College, Oxford University (M.A.) |
Occupation(s) | Author, speaker and investor |
Notable work | The 80/20 Principle |
Website | www |
Richard John Koch (born 28 July 1950 in London) is a British management consultant, venture capital investor and author of books on management, marketing and lifestyle. [1] He is best known for popularizing the application of the Pareto principle, also known as the "80/20 rule", in business and personal life through his book The 80/20 Principle (1997). [2]
Koch has an M.A. from Oxford University and an M.B.A. from The Wharton School. Initially Koch worked as a consultant with the Boston Consulting Group. Subsequently he became a partner at Bain and Company. After leaving Bain in 1983 he co-founded L.E.K. Consulting with Iain Evans and James Lawrence. [3]
Businesses owned by Koch have included Filofax, Plymouth Gin, Belgo Restaurants, Betfair, FanDuel, and Auto1. [4] [5] [6]