Saturday, March 11, 2017

Concept of the Day: Pareto Principle


The Pareto Principle is also know as the 80/20 rule:

Vilfredo Pareto

It was first noted by Vilfredo Pareto when examining the distribution of land ownership:

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Rule of Thumb

Focusing on the 20 percent of causes that lead to 80 percent of the results is a highly recommended method for achieving success:

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