The Pareto Principle: Focusing on the 20% that Matters Most
The Pareto Principle, also known as the 80/20 rule, is a concept that states that roughly 80% of the effects come from 20% of the causes. This principle was named after Italian economist Vilfredo Pareto, who observed that 80% of the land in Italy was owned by 20% of the population. Over time, this principle […]
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