The principle was suggested by management thinker Joseph M. Juran. It was named after the Italian economist Vilfredo Pareto, who observed that 80% of income in Italy was received by 20% of the Italian population. The assumption is that most of the results in any situation are determined by a small number of causes.
More details about the 80/20 Rule here:
http://www.entrepreneurs-journey.com/397/80-20-rule-pareto-principle/
Nice reading ;)
More details about the 80/20 Rule here:
http://www.entrepreneurs-journey.com/397/80-20-rule-pareto-principle/
Nice reading ;)
Comentarios
Publicar un comentario