How to Harness the Pareto Principle

How to Harness the Pareto Principle

“Success depends upon previous preparation, and without such preparation, there is sure to be failure.” — Confucius  Understanding the Pareto Principle The Pareto Principle – also known as the 80/20 rule and the law of the vital few – states that 80% of the results come from 20% of the causes. The principle was named after Vilfredo Pareto, an Italian economist who …