The Minto Pyramid Principle By Barbara Minto
The Minto Pyramid Principle By Barbara Minto
Archive : Barbara Minto – The Minto Pyramid Principle
The Minto Pyramid Principle refers to a process for organizing your thinking so that it jumps easily off the page to lodge in a reader’s mind. It notes that people ideally work out their thinking by creating pyramids of ideas:
Grouping together low-level facts they see as similar
Drawing an insight from having seen the similarity
Forming a new grouping of related insights, etc.
Extended thinking eventually ends in a single pyramid of ideas, at many levels, obeying logical rules, and held together by a single thought. Communicating the thinking requires only that you guide the reader down the pyramid.
The technique applies to every type of document in which your purpose is to offer your thinking to a reader – email, 1-page memo, multi-page report, or formal slide presentation. It works equally for internal or external audiences, and regardless of medium or language. For this reason the Minto Pyramid Principle has become the de facto standard for all major consulting firms and professional organizations.
What is Business ?
Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).[need quotation to verify] Simply put, it is “any activity or enterprise entered into for profit.”
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner’s personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company. A company, on the other hand, is a separate legal entity and provides for limited liability, as well as corporate tax rates. A company structure is more complicated and expensive to set up, but offers more protection and benefits for the owner.
The Minto Pyramid Principle By Barbara Minto
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