Tag Archives: 'pareto’s law'

The Pareto Principle: Where is the top 20% in your business?

The Pareto Principle: Where is the top 20% in your business?

The Pareto principle, also known as the 80/20 rule and the law of the vital few, states that, for many events, approximately 80% of the effects come from 20% of the causes. The principle was named [...]