The Top 4 Misapplications of the 80/20 Rule

Eighty percent of the output comes from twenty percent of the input. That is basically a summary of the Pareto Principle, or as it is more commonly known, the 80/20 Rule. The rule comes from Vilfredo Pareto, an Italian economist who noticed that 80% of Italy’s wealth was in the hands of 20% of the population.The 80/20 Rule points out the imbalance of effects. Just as… Continue reading

December 6 2007 | By Scott H | Tagged: 80/20, 80/20-rule, effective, efficient, energy, Lifehack, Management, pareto, Productivity, time | 34 comments»