The Pareto Principle, also known as the 80/20 rule, is a concept that can help you prioritize your tasks effectively. The ...
The 80/20 rule is based on the Pareto principle, which theorises that roughly 80 per cent consequences come from 20 per cent of causes. It is named after the Italian economist Vilfredo Pareto ...
We follow the logic of this well-known but widely misunderstood 80/20 rule. First, the origins. In 1895, an Italian economist named Vilfredo Pareto recognized that 80 percent of the land was owned by ...