SlideShare une entreprise Scribd logo
1  sur  10
85/15 Model
By: Siddharth Jha
What Is The 85/15 Rule ?
• The rule of 85/15 tells that “ 85% of running a
successful business is “Common Sense” & the
rest 15% should be in your “Business Plan”.
• The assumption is that most of the results in
any situation are determined by a small
number of causes.
Common Sense
It is basic ability to perceive,
understand, and judge things.
Common sense is of paramount
importance in business.
• As we know, Common Sense is not so
common, it can lead a business to
“Competitive Advantage” (CA) & thereby a
“Superior Profitability”
Profitability
Common Sense
Business Plan
• A Business plan is the list of steps with timing
and resources, used to achieve an objective.
• Business plans may be internally or externally
focused.
• Business plans are guided by Objectives &
“Common Sense”.
Research to conclude 85/15 Model
• Met 20 successful business man.
• Sample size: 20
The success of the Business depends on:
1. Common Sense (17 respondents)
2. Business Plan (03 respondents)
3. Luck (00 respondents)
Data Analysis
Thank You

Contenu connexe

Tendances

Exemplar Profile
Exemplar ProfileExemplar Profile
Exemplar Profileguestc73d5
 
IQ=Increased Innovation Insights
IQ=Increased Innovation InsightsIQ=Increased Innovation Insights
IQ=Increased Innovation InsightsJames Feldman
 
8 questions you must ask to create innovation that works | London Business Sc...
8 questions you must ask to create innovation that works | London Business Sc...8 questions you must ask to create innovation that works | London Business Sc...
8 questions you must ask to create innovation that works | London Business Sc...London Business School
 
A leader’s guide to data analytics
A leader’s guide to data analyticsA leader’s guide to data analytics
A leader’s guide to data analyticsParul Verma
 
Best and Worst Practices in Developing a Winning Business Plan
Best and Worst Practices in Developing a Winning Business PlanBest and Worst Practices in Developing a Winning Business Plan
Best and Worst Practices in Developing a Winning Business PlanMichael Gaiss
 
UK IT business turnaround.
UK IT business turnaround.UK IT business turnaround.
UK IT business turnaround.Igor Kalczynski
 
How to succeed as a start-up
How to succeed as a start-upHow to succeed as a start-up
How to succeed as a start-upTriton Capital
 
Mustafa Degerli - 2016 - Technology Entrepreneurship and Lean Startups - Read...
Mustafa Degerli - 2016 - Technology Entrepreneurship and Lean Startups - Read...Mustafa Degerli - 2016 - Technology Entrepreneurship and Lean Startups - Read...
Mustafa Degerli - 2016 - Technology Entrepreneurship and Lean Startups - Read...Dr. Mustafa Değerli
 
Hallmarks of success
Hallmarks of successHallmarks of success
Hallmarks of successNitin Kumar
 
How VP of CS preps for the Board
How VP of CS preps for the Board How VP of CS preps for the Board
How VP of CS preps for the Board Gainsight
 
The 11th Commandment Presentation
The 11th Commandment PresentationThe 11th Commandment Presentation
The 11th Commandment PresentationChrisGamuyao1
 
Sage action brief: Three steps to driving business efficiency
Sage action brief: Three steps to driving business efficiencySage action brief: Three steps to driving business efficiency
Sage action brief: Three steps to driving business efficiencyBurCom Consulting Ltd.
 
Presentation on Pareto Priniciple
Presentation on Pareto PriniciplePresentation on Pareto Priniciple
Presentation on Pareto PrinicipleParthDaryani
 
4 Methods for Forecasting revenue
4 Methods for Forecasting revenue4 Methods for Forecasting revenue
4 Methods for Forecasting revenueCharles Plant
 
Technology Strategy: What is it and why do we need it? DDDEU Jan 2019
Technology Strategy: What is it and why do we need it? DDDEU Jan 2019Technology Strategy: What is it and why do we need it? DDDEU Jan 2019
Technology Strategy: What is it and why do we need it? DDDEU Jan 2019Scott Millett
 
Business Intelligence ( inventory management )
Business Intelligence ( inventory management )Business Intelligence ( inventory management )
Business Intelligence ( inventory management )Ayoub Briki
 

Tendances (20)

Exemplar Profile
Exemplar ProfileExemplar Profile
Exemplar Profile
 
IQ=Increased Innovation Insights
IQ=Increased Innovation InsightsIQ=Increased Innovation Insights
IQ=Increased Innovation Insights
 
The challenges of Growing a Business
The challenges of Growing a BusinessThe challenges of Growing a Business
The challenges of Growing a Business
 
8 questions you must ask to create innovation that works | London Business Sc...
8 questions you must ask to create innovation that works | London Business Sc...8 questions you must ask to create innovation that works | London Business Sc...
8 questions you must ask to create innovation that works | London Business Sc...
 
A leader’s guide to data analytics
A leader’s guide to data analyticsA leader’s guide to data analytics
A leader’s guide to data analytics
 
Best and Worst Practices in Developing a Winning Business Plan
Best and Worst Practices in Developing a Winning Business PlanBest and Worst Practices in Developing a Winning Business Plan
Best and Worst Practices in Developing a Winning Business Plan
 
UK IT business turnaround.
UK IT business turnaround.UK IT business turnaround.
UK IT business turnaround.
 
How to succeed as a start-up
How to succeed as a start-upHow to succeed as a start-up
How to succeed as a start-up
 
Business Health - Business Ethics Series by EEE
Business Health -   Business Ethics Series by EEEBusiness Health -   Business Ethics Series by EEE
Business Health - Business Ethics Series by EEE
 
Mustafa Degerli - 2016 - Technology Entrepreneurship and Lean Startups - Read...
Mustafa Degerli - 2016 - Technology Entrepreneurship and Lean Startups - Read...Mustafa Degerli - 2016 - Technology Entrepreneurship and Lean Startups - Read...
Mustafa Degerli - 2016 - Technology Entrepreneurship and Lean Startups - Read...
 
Hallmarks of success
Hallmarks of successHallmarks of success
Hallmarks of success
 
How VP of CS preps for the Board
How VP of CS preps for the Board How VP of CS preps for the Board
How VP of CS preps for the Board
 
The 11th Commandment Presentation
The 11th Commandment PresentationThe 11th Commandment Presentation
The 11th Commandment Presentation
 
Sage action brief: Three steps to driving business efficiency
Sage action brief: Three steps to driving business efficiencySage action brief: Three steps to driving business efficiency
Sage action brief: Three steps to driving business efficiency
 
How to make acquisition strategic
How to make acquisition strategicHow to make acquisition strategic
How to make acquisition strategic
 
Presentation on Pareto Priniciple
Presentation on Pareto PriniciplePresentation on Pareto Priniciple
Presentation on Pareto Priniciple
 
Acorn 80 20 Principle
Acorn 80 20 PrincipleAcorn 80 20 Principle
Acorn 80 20 Principle
 
4 Methods for Forecasting revenue
4 Methods for Forecasting revenue4 Methods for Forecasting revenue
4 Methods for Forecasting revenue
 
Technology Strategy: What is it and why do we need it? DDDEU Jan 2019
Technology Strategy: What is it and why do we need it? DDDEU Jan 2019Technology Strategy: What is it and why do we need it? DDDEU Jan 2019
Technology Strategy: What is it and why do we need it? DDDEU Jan 2019
 
Business Intelligence ( inventory management )
Business Intelligence ( inventory management )Business Intelligence ( inventory management )
Business Intelligence ( inventory management )
 

Similaire à 85/15 Model

GEC 2017: Didem Altop
GEC 2017: Didem AltopGEC 2017: Didem Altop
GEC 2017: Didem AltopMark Marich
 
Business plan.pptx
Business plan.pptxBusiness plan.pptx
Business plan.pptxNimra zaman
 
Ss marketing planning
Ss marketing planningSs marketing planning
Ss marketing planningCMPCERT
 
Sales White Paper: ROI On Sales Effectiveness
Sales White Paper: ROI On Sales EffectivenessSales White Paper: ROI On Sales Effectiveness
Sales White Paper: ROI On Sales EffectivenessAltify
 
Introduction to Entrepreneurial Management - Entrepreneurship 101
Introduction to Entrepreneurial Management - Entrepreneurship 101Introduction to Entrepreneurial Management - Entrepreneurship 101
Introduction to Entrepreneurial Management - Entrepreneurship 101MaRS Discovery District
 
The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp)
The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp)The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp)
The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp)Financial Poise
 
Introduction to the balanced scorecard
Introduction to the balanced scorecardIntroduction to the balanced scorecard
Introduction to the balanced scorecardBoyan Marinchev
 
business exist
business existbusiness exist
business existMadhu K
 
Startup Guide - Everything You Need To Know To Start & Grow
Startup Guide - Everything You Need To Know To Start & GrowStartup Guide - Everything You Need To Know To Start & Grow
Startup Guide - Everything You Need To Know To Start & GrowAamir Qutub
 
Planning, launching and management strategies of small businesses
Planning, launching and management strategies of small businessesPlanning, launching and management strategies of small businesses
Planning, launching and management strategies of small businessesRamabhau Patil
 
How to Grow a Business - Summary
How to Grow a Business - SummaryHow to Grow a Business - Summary
How to Grow a Business - SummaryBob Kacergis
 
Foundations of Success - Success through the eyes of advisors (May 2014)
Foundations of Success - Success through the eyes of advisors (May 2014)Foundations of Success - Success through the eyes of advisors (May 2014)
Foundations of Success - Success through the eyes of advisors (May 2014)Advisor Impact
 
Cegos Benchmark For Effective Kam In The 21st Century D Fleiter 2011 07 23
Cegos   Benchmark For Effective Kam In The 21st Century D  Fleiter 2011 07 23Cegos   Benchmark For Effective Kam In The 21st Century D  Fleiter 2011 07 23
Cegos Benchmark For Effective Kam In The 21st Century D Fleiter 2011 07 23DieterFleiter
 
Increasing the Growth & Scale of Your Business
Increasing the Growth & Scale of Your BusinessIncreasing the Growth & Scale of Your Business
Increasing the Growth & Scale of Your BusinessJC Duarte
 
The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp 2020)
The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp 2020)   The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp 2020)
The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp 2020) Financial Poise
 
Home run: strategies & tactics to maximize your selling price
Home run:  strategies & tactics to maximize your selling priceHome run:  strategies & tactics to maximize your selling price
Home run: strategies & tactics to maximize your selling priceBuyAndSellABusiness.com
 

Similaire à 85/15 Model (20)

Strategic Planning Models
Strategic Planning ModelsStrategic Planning Models
Strategic Planning Models
 
GEC 2017: Didem Altop
GEC 2017: Didem AltopGEC 2017: Didem Altop
GEC 2017: Didem Altop
 
Business plan.pptx
Business plan.pptxBusiness plan.pptx
Business plan.pptx
 
Ss marketing planning
Ss marketing planningSs marketing planning
Ss marketing planning
 
Starting A Business
Starting A BusinessStarting A Business
Starting A Business
 
Sales White Paper: ROI On Sales Effectiveness
Sales White Paper: ROI On Sales EffectivenessSales White Paper: ROI On Sales Effectiveness
Sales White Paper: ROI On Sales Effectiveness
 
Introduction to Entrepreneurial Management - Entrepreneurship 101
Introduction to Entrepreneurial Management - Entrepreneurship 101Introduction to Entrepreneurial Management - Entrepreneurship 101
Introduction to Entrepreneurial Management - Entrepreneurship 101
 
The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp)
The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp)The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp)
The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp)
 
Introduction to the balanced scorecard
Introduction to the balanced scorecardIntroduction to the balanced scorecard
Introduction to the balanced scorecard
 
business exist
business existbusiness exist
business exist
 
Startup Guide - Everything You Need To Know To Start & Grow
Startup Guide - Everything You Need To Know To Start & GrowStartup Guide - Everything You Need To Know To Start & Grow
Startup Guide - Everything You Need To Know To Start & Grow
 
The Importance of a Business Plan
The Importance of a Business PlanThe Importance of a Business Plan
The Importance of a Business Plan
 
Planning, launching and management strategies of small businesses
Planning, launching and management strategies of small businessesPlanning, launching and management strategies of small businesses
Planning, launching and management strategies of small businesses
 
The Value of Project Portfolio Management
The Value of Project Portfolio ManagementThe Value of Project Portfolio Management
The Value of Project Portfolio Management
 
How to Grow a Business - Summary
How to Grow a Business - SummaryHow to Grow a Business - Summary
How to Grow a Business - Summary
 
Foundations of Success - Success through the eyes of advisors (May 2014)
Foundations of Success - Success through the eyes of advisors (May 2014)Foundations of Success - Success through the eyes of advisors (May 2014)
Foundations of Success - Success through the eyes of advisors (May 2014)
 
Cegos Benchmark For Effective Kam In The 21st Century D Fleiter 2011 07 23
Cegos   Benchmark For Effective Kam In The 21st Century D  Fleiter 2011 07 23Cegos   Benchmark For Effective Kam In The 21st Century D  Fleiter 2011 07 23
Cegos Benchmark For Effective Kam In The 21st Century D Fleiter 2011 07 23
 
Increasing the Growth & Scale of Your Business
Increasing the Growth & Scale of Your BusinessIncreasing the Growth & Scale of Your Business
Increasing the Growth & Scale of Your Business
 
The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp 2020)
The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp 2020)   The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp 2020)
The KPI - Cash Flow Modeling and Projections (Series: MBA Boot Camp 2020)
 
Home run: strategies & tactics to maximize your selling price
Home run:  strategies & tactics to maximize your selling priceHome run:  strategies & tactics to maximize your selling price
Home run: strategies & tactics to maximize your selling price
 

Dernier

Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableSeo
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...rajveerescorts2022
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsP&CO
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfAdmir Softic
 
John Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdfJohn Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdfAmzadHosen3
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxWorkforce Group
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with CultureSeta Wicaksana
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...lizamodels9
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxpriyanshujha201
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...allensay1
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756dollysharma2066
 

Dernier (20)

Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
👉Chandigarh Call Girls 👉9878799926👉Just Call👉Chandigarh Call Girl In Chandiga...
 
Value Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and painsValue Proposition canvas- Customer needs and pains
Value Proposition canvas- Customer needs and pains
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdfDr. Admir Softic_ presentation_Green Club_ENG.pdf
Dr. Admir Softic_ presentation_Green Club_ENG.pdf
 
John Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdfJohn Halpern sued for sexual assault.pdf
John Halpern sued for sexual assault.pdf
 
Cracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptxCracking the Cultural Competence Code.pptx
Cracking the Cultural Competence Code.pptx
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 

85/15 Model

  • 2. What Is The 85/15 Rule ?
  • 3. • The rule of 85/15 tells that “ 85% of running a successful business is “Common Sense” & the rest 15% should be in your “Business Plan”. • The assumption is that most of the results in any situation are determined by a small number of causes.
  • 4. Common Sense It is basic ability to perceive, understand, and judge things. Common sense is of paramount importance in business.
  • 5. • As we know, Common Sense is not so common, it can lead a business to “Competitive Advantage” (CA) & thereby a “Superior Profitability” Profitability
  • 7. Business Plan • A Business plan is the list of steps with timing and resources, used to achieve an objective. • Business plans may be internally or externally focused. • Business plans are guided by Objectives & “Common Sense”.
  • 8. Research to conclude 85/15 Model • Met 20 successful business man. • Sample size: 20 The success of the Business depends on: 1. Common Sense (17 respondents) 2. Business Plan (03 respondents) 3. Luck (00 respondents)