In fact, the Pareto chart might just be the only tool you need to employ to get things rolling. It follows Italian economist Vilfredo Pareto’s famous principle that sees applications beyond just ...

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In the early 20th Century, Vilfredo Pareto, a brilliant Italian economist, made a keen observation. He noticed that in a group, 20 percent of the people did 80 percent of the work; and that 20 ...