
WATCH NOW: The CEO's Guide to Rebounding From Crisis Using 80/20
Marc Fooksman explains the quartiles, the first step in 80/20 as a business methodology.
80/20 methodology is the key to success for many top-performing Fortune 1000 companies. Strategex’s 80/20 experts are a qualified team of business veterans, many of whom were involved in the genesis of 80/20 as a business philosophy. To date, we’ve delivered over $2 billion in operating income improvement.
The quartiles are a foundational tool in Strategex’s 80/20 toolkit. It is a simple, quick analysis of a company's customers and products in terms of the revenues they generate. The results can be calculated quickly and are easy to understand. We've included 6 steps to get started with 80/20 Quartiles, or you can connect with us for a template.
Keep in mind, segmenting your business into quartiles is just an analytic step — a chance to see everything through an 80/20 lens. Quartiles alone, while revelatory, will not change your business.
After you finish your quartile analysis of customer revenues, do the same thing with any products you make, the services you offer, lines that you represent and resell, and even your vendors.
Don't hesitate to reach out if you need help with your quartile analysis, or you want some guidance regarding the next steps. Strategex has a team of 80/20 experts (with decades of experience) who are happy to help. We can provide an excel template for you to run your data, or we can do it for you.
Marc Fooksman is a Vice President & 80/20 Expert at Strategex. He has over 25 years of experience in leadership and 80/20 execution.
Professional 80/20 Expert on a closed course. Do not try this at home.
The information in this recording is an introduction to 80/20. We encourage you to run your data, but please don't try to implement 80/20 alone. Trust us. It takes a couple of decades to become an 80/20 master. Top 80/20 CEOs turn to us for support for a reason. We're here to help whenever you're ready to make a transformation that yields explosive results.
Our guidance. Your growth.
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